Market News: TAED Market worth 543.80 Million USD by 2020 - Global Trends & Forecasts to 2020

TAED enables effective washing even at low temperatures. It acts as an excellent bleach booster that is added to a detergent to increase whiteness and the removal of bleachable stains. The only limitation of TAED is that it is highly temperature dependent. It facilitates the heavy duty powder detergents and tablets to be more effective at lower temperatures. TAED is manufactured by reacting ethylenediamine with acetic acid and acetic anhydride with minimal environmental impact. Use of TAED as an ingredient in the detergent enables the bleaching system to release the active oxygen species, the   peroxyacetic ion, to act at lower temperatures. It solves the washing and stain removal problems even when the wash water is cold. TAED is also used for dishwashing purposes, improving the bleaching action in textile industry, and improving the brightness of paper in the pulp &and paper sector. Detergent was the largest application segment for TAED in 2014 and is projected to hold the largest share by 2020.

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48 figures spread through 100 Pages 

In-depth Table Of Content on "TAED Market

Application (Detergents, Bleaching Agents, and Cleaning Agents)

Region (Europe, Rest of the World, Asia-Pacific, and North America) 

Global Trends & Forecasts to 2020

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The global TAED market is expected to grow at a CAGR of 2.83% from 2015 to 2020 to reach a value of 543.80 Million USD by 2020.

“Europe is the key market for TAED.”

Europe dominated the TAED market in 2014 and accounted for over 50% of the market by consumption. The market for RoW was the second biggest in 2014 and is projected to grow at a CAGR of 2.45% in terms of consumption between 2015 and 2020. On the other hand, the Asia-Pacific region is expected to witness the second highest growth rate by 2020. The major applications of TAED are detergents, bleaching agents, and cleaning agents.

“Detergents is the largest segment by application and dominates as the key application in the TAED market.”

Detergents application segment held the largest market share by value for the TAED in 2014 and accounted for 84.40% share by consumption. The highest growth rate till 2020 in the TAED market is projected to come from the cleaning agents segment which includes denture cleaners, disinfectants and so on. These are used in different applications which are projected to continue to expand in the coming years. Detergents dominate the TAED market by application in terms of value and consumption.

With the growing attempts of the market participants to increase applications of TAED, the global TAED market is expected to register decent growth in the near future with agreements and partnerships, expansions, and, new investments for TAED plants. Largely, the TAED market is fragmented in nature with leading participants being Warwick Chemicals and Weylchem Group.

The global TAED market is expected to grow at a CAGR of 2.83% from 2015 to 2020 to reach a value of 543.80 Million USD by 2020. The market for cleaning agent application is projected to grow at a CAGR of 2.37% by consumption from 2015 to 2020 which is the fastest growth in the overall TAEDs market by application. The market is also expected to be pushed by the increasing demand for the bleaching agent applications along with investments from major players in expansions, and, agreements & partnerships.

The highest growth in the TAED market is expected to come from the cleaning agent application in terms of value as well as consumption. TAED is rapidly finding use in the global disinfectants market. The market for disinfectants is increasing at a brisk pace which is directly driving the growth for the TAED market. In the recent past, agreements & partnerships dominated the strategies adopted by TAED players globally. The major market players have invested large amounts in emerging countries to enter and enhance their market position and distribution network through capacity expansion, and, supply agreements.

The report analyzes the global TAED market trends and forecasts till 2020. The market size estimations have been provided in terms of market size by value (USD million) and market size by consumption (kilotons). The report also identifies major market players and provides analysis for each player in terms of company overview, financials, products & services offered, recent developments, and growth strategies.

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