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Moreover, a small amount of tetraacetylethylenediamine finds its application in bleaching of paper, generation of peracetic acid in disinfectants and textile industry. Tetraacetylethylenediamine is used in the manufacturing of paperboard products and food contact paper.
Global Tetraacetylethylenediamine (TAED) Market: Segmentation
The global tetraacetylethylenediamine (TAED) market can be segmented on the basis of application and region. On the basis of application, the global tetraacetylethylenediamine (TAED) market can be segmented into household detergents, bleaching agents and cleaning agents. On the basis of region, the global tetraacetylethylenediamine (TAED) market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.
Global Tetraacetylethylenediamine (TAED) Market: Drivers
The major factor boosting the growth of global tetraacetylethylenediamine (TAED) market is the increasing use of TAED in household detergents and cleaning agents. Moreover, biodegradable nature of TAED is another key driving factor fuelling the growth of the global tetraacetylethylenediamine (TAED) market.
Low toxicity and low prices and deployment of Tetraacetylethylenediamine in the manufacturing of disinfectants are other factors driving the growth of the global tetraacetylethylenediamine (TAED) market. In addition, increasing demands of bleaching agent applications and investments from key players in expansion, agreements and partnerships is another aspect driving the overall growth of the global tetraacetylethylenediamine (TAED) market.
Global Tetraacetylethylenediamine (TAED) Market: Restraints
The declined usage of TAED in agricultural fields can be a major challenge affecting the growth of the global tetraacetylethylenediamine (TAED) market. Moreover, limited application areas of TAED and price volatility of raw materials can pose major challenge to the growth of the global tetraacetylethylenediamine (TAED) market.
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Global Tetraacetylethylenediamine (TAED) Market: Competitive Landscape
Europe dominates the global tetraacetylethylenediamine (TAED) market by more than 50% market by consumption followed by Asia Pacific. North America also plays a key role in consumption of TAED followed by Middle East and Africa. Maximum growth of TAED is expected to be witnessed in Asia Pacific and Middle East and Africa.
Global Tetraacetylethylenediamine (TAED) Market: Key Players
The major companies involved in the production of TAED globally are AK Chemtech Co. Ltd., Chemsfield Korea Co Ltd. Hongye Chemical Co., Ltd, Idchem Co. Ltd, Warwick Chemicals, Zhejiang Jinke Peroxide Co., Ltd, Weylchem Group Of Companies, Acuro Organics Limited, Shanghai Deborn Co., Ltd., Henkel AG & Co. KGaA, JINKE Company Limited and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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