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The TAED market is estimated to grow by USD 110.7 million at a CAGR (Compound Annual Growth Rate) of 4.36% between 2022 and 2027. The TAED market is experiencing significant growth due to the increasing demand for efficient laundry solutions in various sectors. In the residential sector, the rise in population and urbanization have led to an increase in the number of households, thereby driving the demand for TAED. Similarly, in the commercial and industrial sectors, the need for large-scale and frequent laundry services is escalating, making TAED an essential component. Furthermore, the expansion of the hospitality industry necessitates effective and hygienic laundry solutions, thereby contributing to the market's growth. Additionally, the healthcare sector's emphasis on sterilization of medical devices has further boosted the demand for TAED. Collectively, these factors are propelling the expansion of the TAED market.
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The market share growth by the chlorine bleach segment will be significant during the forecast period. Chlorine bleaches are a class of chemical compounds that comprise chlorine, oxygen, and other substances. Chlorine-based products have the advantage of being less expensive than those containing oxygen bleach.
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The chlorine bleach segment was valued at USD 380.80 million in 2018. Chlorine-based products require separate storage or transport facilities to keep them from coming into contact with atmospheric oxygen (compared with oxygen-bleaching agents). The major disadvantage is their high toxicity level, which can cause irritation in the eyes and skin burns if handled improperly. Additionally, they produce chlorinated byproducts when used for disinfection, which may harm aquatic life as well as any organic matter found within sewage outflow streams from wastewater treatment plants. These properties make it suitable for only a few applications such as laundry detergents and cleaning agents. Such factors will positively impact the growth of the chlorine bleach segment of the global tetraacetylethylenediamine market during the forecast period.
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Europe is estimated to contribute 35% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Europe has the largest market share in the global market. Europe is a major emerging region for laundry detergent pods, driving their demand growth globally. Pods are witnessing rising demand in the region due to their ease-of-storage and superior water solubility. In terms of enzyme content, enzymatic detergents constitute the larger segment in the European industry.
Moreover, they are projected to witness fast growth in emerging economies compared with developed economies. Furthermore, the growth of online distribution channels drives the growth in the demand for detergent in Europe. Many customers use online platforms to purchase detergents. Hence, many specialties international brands are introducing their advertising campaigns on online platforms and selling products in tier 3 cities in European countries through such platforms. Thus, owing to such factors, the regional market is expected to grow during the forecast period.
Organic compounds like urea peroxide and sodium salt of carboxymethylcellulose are essential in various industrial applications, including paper pulp processing and automatic dishwasher formulations. These compounds serve as bleach activators and biodegradable activators, enhancing the effectiveness of oxygen-based bleaching agents in laundry and dish products. In the chemical industry, ethylenediamine (ED) and acetic anhydride (Ac2O) are used as catalysts and in the production of synthetic chemicals such as coconut diethanolamide and fatty acids. These substances find utility as surfactants in light-duty detergents and contribute to the formulation of shoe polish and printing ink. Both in industry use and consumer use, these compounds appear in various forms, from white powder catalysts to ingredients in sterilants and automatic dishwasher formulations. Their biodegradable nature supports environmental sustainability while their role as reactants underscores their importance in chemical processes across multiple sectors.
The rapid surge in demand for laundry services is a significant driver of market growth. Industries such as healthcare, hospitality, leisure, government, and food service are witnessing escalating demand for detergents used in laundry care. Lifestyle improvements and urbanization are key contributors to the increasing need for laundry services in modern cities. Additionally, emerging online services like on-demand laundry and pick-up facilities are further propelling market expansion. The booming tourism sector is also a crucial factor, stimulating the establishment of new hotels and resorts and subsequently boosting demand for laundry services. Intense competition among laundry service providers is fostering enhanced customer service and competitive pricing, complemented by convenient features like instant pickup, online payment options, and customer loyalty rewards. These factors collectively drive the growth of the market during the forecast period.
The shift from traditional laundry care products to innovative products is an emerging trend in the market. Owing to the growing awareness among consumers there has been a major shift in the consumer's preference regarding hygiene. Consumers are adopting innovative laundry care products over traditional products. For instance, the concept of liquid detergent, which also includes TAED, introduced by prominent players in the market, has gained significant attention among consumers over the years. The use of liquid detergent has several significant benefits over traditional detergents (such as powder and washing bars), including cost savings. The use of liquid detergent has several advantages. For example, it dissolves completely in water, does not accumulate on textiles, its liquid and dust-free form reduces the possibility of allergic reactions, does not accumulate in the process flows of washing machines, and also has better cleaning power, it can pre-treat stains, and it is compact and easier to use. Hence, such factors are expected to drive the global tetraacetylethylenediamine market during the forecast period.
The high price wars between Companies are major challenges impeding the market. The global market is witnessing a price war between the Companies. The market is also significantly concentrated, which has made competitive pricing highly imperative. Several unorganized players also operate in the market and offer products at lower prices than the organized players. This leads to a significant challenge for global players in terms of pricing. The market is highly price elastic, and a small change in the price can lead to a considerable change in the demand for the product. A vast segment of customers, especially those falling under the lower, middle, and middle-upper income segments, consider the price to be the most important factor while purchasing products, leading to high brand-switching actions. These problems arise due to high price wars that compel Companies to reduce their price and profit margin, benefiting the consumers as they get the same products at lower prices. Thus, high price wars of detergent will hinder the growth of the global tetraacetylethylenediamine market during the forecast period.
The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product launches, to enhance their presence in the market.
Acuro Organics Ltd. - The key offerings of the company include TAED chemicals for heavy-duty powder detergents, bleach boosters, and soaking agents.
The market research report also includes detailed analyses of the competitive landscape of the market and information about 9 market Companies, including:
Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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Organic compounds like sodium perborate and peroxyacetic acid serve as effective bleach activators and disinfectants in dishwashing detergents and cleaning performance. Triacetylethylenediamine (TriAED) and DAED function as biodegradable activators and catalysts in the manufacturing process of soap bars and dishwashers, ensuring shelf life and cleaning performance in high-efficiency washing machines. These compounds also act as corrosion inhibitors and antistatic agents in electric plating, mitigating environmental impacts through less water and lower temperatures in European household cleaning products. Their safety assessment includes human health and environmental risk assessment, focusing on bioaccumulation and toxicity to aquatic life. As synthetic ingredients in cleaning products, they balance cleaning performance with biodegradability, supporting sustainable practices in microbial growth and environmental impacts.
Moreover, the use of organic compounds such as bleach activators and sterilants is integral to enhancing cleaning efficiency in both dirty clothes and dirty dishes. These compounds leverage active oxygen to achieve potent disinfecting effects while acting as surfactants to lift soil particles effectively. In industrial settings, compounds like delinting agents and corrosion inhibitors play crucial roles, ensuring materials remain clean and protected from environmental damage. Additionally, antistatic agents contribute to maintaining optimal conditions in electronic applications, while synthetic chemicals and biodegradable activators facilitate processes and reduce environmental impact. The catalytic reactions of these compounds are carefully assessed through Human & Environmental Risk Assessment, focusing on their effectiveness and safety. As synthetic ingredients in cleaning products, they balance performance with biodegradability, aligning with sustainable practices to minimize their impact on ecosystems and human health.
Market Scope |
|
Report Coverage |
Details |
Page number |
145 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.36% |
Market growth 2024-2028 |
USD 110.7 million |
Market structure |
Concentrated |
YoY growth 2023-2024(%) |
4.1 |
Regional analysis |
Europe, APAC, North America, South America, and Middle East and Africa |
Performing market contribution |
Europe at 35% |
Key countries |
US, China, Germany, France, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acuro Organics Ltd., Ecostore Co. Ltd., Haihang Industry Co. Ltd., Muby Chemicals, Redox Ltd., Shandong Chuangying Chemical Co. Ltd., Shanghai Deborn Co. Ltd., The Lubrizol Corp., WeylChem International GmbH, and Zhejiang Jinke Household Chemical Materials Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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