TAED Market by Application (Detergents, Bleaching Agents, and Cleaning Agents), and by Region (Europe, Rest of the World, Asia-Pacific, and North America) - Global Trends & Forecasts to 2020
TAED has limited applications, detergents being the major one among them. Other than that, TAED is used in bleaching agents and cleaning agents. TAED’s main application lies as bleaching activator in the household detergents. Also, a small amount is also used in the bleaching of paper, textile industry, and for the generation of peracetic acid in disinfectants. It is also used in the manufacturing of food contact paper and paperboard products. In this study, three key applications of TAED, namely, detergents, bleaching agents, and cleaning agents are considered.
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.
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 TAEDs industry is hence projected to show decent growth in the near future however, it will have to overcome challenges, such as the limited application areas, price volatility of raw materials, and so on, in order to meet the increasing demand.
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This research report categorizes the global market for TAED on the basis of product application by region in terms of values and volumes, and analyzes trends in each of the submarkets.
By Application:
- Detergents
- Bleaching Agents
- Cleaning Agents
By Region:
- Europe
- RoW
- Asia-Pacific
- North America
The demand for TAED is projected to increase at a CAGR of 2.00% by consumption from 2015 to 2020 pushing the market size to 135.70 KT.
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.
Europe dominated the TAED market in 2014 and accounted for over 50% of the market by consumption. The TAED market for Rest of the world is projected to witness the highest growth rate by 2020 followed by Asia-Pacific.
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.
This report covers the TAED market by key regions. It also provides a detailed segmentation of the TAED market on the basis of application along with projections till 2020.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown & Data Triangulation
2.3 Market Share Estimation
2.3.1 Data From Secondary Sources
2.3.2 Data From Primary Sources
2.3.3 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Significant Market Opportunities for TAED
4.2 Lifecycle Analysis, By Region
5 Market Overview
5.1 Introduction
5.2 Segmentation
5.2.1 By Application
5.2.2 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Energy-Saving Nature
5.3.1.2 Environment-Friendly Characteristics
5.3.2 Restraints
5.3.2.1 Consumer Preference Toward Substitutes of TAED
5.3.3 Opportunities
5.3.3.1 Emerging Markets
5.3.3.2 New Technological Developments
5.3.4 Challenges
5.3.4.1 Growing Liquid Detergents Market
6 Industry Trends
6.1 Introduction
6.2 Pricing Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Intensity of Rivalry
6.4 Strategic Benchmarking
6.4.1 Regional Integration & Product Enhancement
6.4.2 Entry Into Prospective Markets for TAED
7 TAED Market, By Application
7.1 Introduction
7.2 Detergents
7.3 Bleaching Agents
7.4 Cleaning Agents
8 TAED Market, By Region
8.1 Introduction
8.2 Europe
8.3 Asia-Pacific
8.4 North America
8.5 Rest of the World
9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Situation & Trends
9.3.1 Agreements & Partnerships
9.3.2 Mergers & Acquisitions
9.3.3 Capacity Expansions
10 Company Profiles
10.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
10.2 Warwick Chemicals
10.3 Weylchem Group of Companies
10.4 Zhejiang Jinke Peroxide Co., Ltd.
10.5 Hongye Chemical Co., Ltd.
10.6 AK Chemtech Co. Ltd.
10.7 Idchem Co. Ltd
10.8 Chemsfield Korea Co Ltd.
10.9 Shanghai Deborn Co., Ltd.
10.10 Acuro Organics Limited
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11 Appendix
11.1 Industry Expert Insights
11.2 Discussion Guide
11.3 Introducing RT: Real Time Market Intelligence
11.4 Related Reports
List of Tables (19 Tables)
Table 1 Energy-Saving and Environment-Friendly Nature of TAED to Drive the Growth of the Market
Table 2 Existing Market of Other Bleach Activators Restricts TAED Market Growth
Table 3 New Developments and Emerging Markets Expected to Revive the TAED Market in the Near Future
Table 4 Liquid Detergents Market Pose Challenge to TAED Market
Table 5 TAED Market Size, By Application, 2013–2020 (USD Million)
Table 6 TAED Market Size, By Application, 2013–2020 (Kiloton)
Table 7 TAED Market Size, By Region, 2013–2020 (USD Million)
Table 8 TAED Market Size, By Region, 2013–2020 (Kiloton)
Table 9 Europe: TAED Market Size, By Application, 2013–2020 (USD Million)
Table 10 Europe: TAED Market Size, By Application, 2013–2020 (Kiloton)
Table 11 Asia-Pacific: TAED Market Size, By Application, 2013–2020 (USD Million)
Table 12 Asia-Pacific: TAED Market Size, By Application, 2013–2020 (Kiloton)
Table 13 North America: TAED Market Size, By Application, 2013–2020 (USD Million)
Table 14 North America: TAED Market Size, By Application, 2013–2020 (Kiloton)
Table 15 RoW: TAED Market Size, By Application, 2013–2020 (USD Million)
Table 16 RoW: TAED Market Size, By Application, 2013–2020 (Kiloton)
Table 17 Agreements & Partnerships, 201o–2015
Table 18 Mergers & Acquisitions, 2010–2015
Table 19 Capacity Expansion, 2010–2015
List of Figures (49 Figures)
Figure 1 TAED Market Segmentation
Figure 2 TAED Market: Research Methodology
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 7 Cleaning Agents to Witness the Highest CAGR Between 2015 & 2020
Figure 8 RoW to Be the Fastest-Growing Market, 2015 – 2020 (%)
Figure 9 Europe Accounted for the Largest Market Share, By Volume (2014)
Figure 10 Attractive Opportunities in the TAED Market
Figure 11 Detergents Segment Was the Largest Application in the TAED Market (2014)
Figure 12 RoW to Be the Fastest-Growing Region for the TAED Market By Application, By Volume, Between 2015 and 2020
Figure 13 Cleaning Agents to Be the Fastest-Growing Segment Between 2015 & 2020
Figure 14 Europe Accounted for the Largest Market Share in the TAED Market, By Value(2014)
Figure 15 Asia-Pacific Region to Witness High Growth
Figure 16 TAED Market, By Application
Figure 17 TAED Market, By Region
Figure 18 Market Dynamics
Figure 19 Pricing Analysis, 2013-2020
Figure 20 TAED: Porter’s Five Forces Analysis
Figure 21 Strategic Benchmarking: Major Companies Focusing on Agreements & Partnerships
Figure 22 Strategic Benchmarking: Mergers & Acquisitions as an Attempt to Revive the TAED Market in Developed Regions
Figure 23 Detergents Projected to Be the Largest Application of TAED Between 2015 & 2020
Figure 24 RoW Projected to Account for the Highest CAGR in Detergents Application Between 2015 & 2020
Figure 25 Advantages of TAED in Various Applications
Figure 26 RoW Projected to Account for the Highest CAGR in Cleaning Agents Application Between 2015 & 2020
Figure 27 Europe Accounted for the Highest Market Share in 2014
Figure 28 Eco-Friendly and Energy Saving Properties of TAED Drive Its Growth in Europe
Figure 29 Increasing Cleanliness and Hygiene Concerns of Developing Economies Drive the Market Growth in RoW
Figure 30 Snapshot: Detergents Segment to Dominate the Market Share Till 2020
Figure 31 Growth Strategies Adopted By Leading Companies Between 2010 & 2015
Figure 32 Market Share Analysis: Snapshot, 2014 (%)
Figure 33 Agreements & Partnerships and Mergers & Acquisitions are the Major Strategies Adopted By the Companies in 2014 and 2015
Figure 34 Battle for Market Share: Agreements & Partnerships Was the Key Strategy
Figure 35 Regional Revenue Mix of Leading Market Players
Figure 36 Warwick Chemicals: Company Snapshot
Figure 37 Warwick Chemicals: SWOT Analysis
Figure 38 Weylchem Group of Companies: Company Snapshot
Figure 39 Weylchem Group of Companies: SWOT Analysis
Figure 40 Zhejiang Jinke Peroxide Co., Ltd: Company Snapshot
Figure 41 Zhejiang Jinke Peroxide Co., Ltd.: SWOT Analysis
Figure 42 Hongye Chemical Co., Ltd.: Company Snapshot
Figure 43 AK Chemtech Co., Ltd: Company Snapshot
Figure 44 AK Chemtech Co., Ltd.: SWOT Analysis
Figure 45 Idchem Co., Ltd.: Company Snapshot
Figure 46 Idchem Co. Ltd.: SWOT Analysis
Figure 47 Chemsfield Korea Co Ltd.: Company Snapshot
Figure 48 Keronite Group Limited: Company Snapshot
Figure 49 Acuro Organics Limited: Company Snapshot
Growth opportunities and latent adjacency in TAED Market