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Tetraacetylethylenediamine (TAED) Market Size

Report ID: GMI10502
Published Date: Jul 2024
Report Format: PDF

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Tetraacetylethylenediamine Market Size

Tetraacetylethylenediamine Market was valued at around USD 859 million in 2023 and is anticipated to register a CAGR of over 3.4% between 2024 and 2032.

Tetraacetylethylenediamine Market

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The demand for Tetraacetylethylenediamine (TAED) in the market is primarily driven by its extensive use as a bleaching activator in household and industrial cleaning products. TAED is widely employed in laundry detergents and fabric care products due to its ability to enhance the efficiency of proxygene compounds, providing superior stain removal and whitening effects at lower washing temperatures. This not only contributes to energy savings but also aligns with the growing consumer preference for eco-friendly and cost-effective cleaning solutions. Thus, the market is expected to attain a market value of over USD 1,166 million by 2032.

Tetraacetylethylenediamine Market Report Attributes
Report Attribute	Details
Base Year:	2023
Tetraacetylethylenediamine Market Size in 2023:	USD 859 Million
Forecast Period:	2024-2032
Forecast Period 2024-2032 CAGR:	3.4%
2032 Value Projection:	USD 1.16 Billion
Historical Data for:	2021-2023
No. of Pages:	320
Tables, Charts & Figures:	210
Segments covered:	Form, Application, Grade
Growth Drivers:	Increasing Demand for Eco-friendly Cleaning Products Expanding Applications in Various Industries Regulatory Support for Sustainable Chemicals
Pitfalls & Challenges:	Competition from Alternative Bleaching Agents

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Despite its advantages, the TAED market faces competition from alternative bleaching agents and activators that may offer similar or improved performance characteristics. New innovations and advancements in chemical formulations could potentially overshadow TAED’s benefits, posing a threat to its market share. Additionally, the cost and availability of raw materials for TAED production can affect its competitiveness, as industries may seek more cost-effective or readily available alternatives.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for tetraacetylethylenediamine was valued at around USD 859 million in 2023 and is anticipated to register a CAGR of over 3.4% between 2024 and 2032, driven by its extensive use as a bleaching activator in household and industrial cleaning products.

The powder segment was worth USD 457.9 million in 2023 and is expected to reach USD 619.2 million by 2032, due to its superior stability and ease of handling compared to other forms.

Asia Pacific Tetraacetylethylenediamine industry was worth USD 377.2 million in 2023 and will reach USD 505.87 million by 2032, being a leader in detergent manufacturing, driven by both domestic consumption and export demands.

ACURO ORGANICS LIMITED, Clariant International AG, Fengchen Group Co., Ltd., Hongye Holding Group Corporation Limited, Idchem Co Ltd, Spectrum Chemical Manufacturing Corp., SDC Enterprises, The Lubrizol Corporation, Tokyo Chemical Industry Co., Ltd., and Weylchem International Gmbh.