October 21, 2022 07:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES Replacement Of Stpp And 4azeolite
Wilmington, Delaware, United States, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - TAED has emerged as an excellent active oxygen agent and has emerged as key ingredient in production of detergents and laundry bleaches. TAED can be degraded by deploying wastewater treatment process since product density is lower than water, a key advantage for businesses in end-use industries. Some of the end-use industries that use TAED include paper and pulp, meat, agriculture, and industrial cleaners. The global tetraacetylethylenediamine (TAED) market is expected to advance at CAGR of 3% during the forecast period between 2020 and 2030.
Growth strategy such as launch of new products containing TAED as an ingredient is helping leading market players in creating revenue-generating opportunities and in gaining an edge over competitors. Leading market player Lubrizol Corporation, in 2020, launched a new TAED product which has been deployed in domestic biocide application area. Other strategies such as collaborative deals with smaller players could help prominent tetraacetylethylenediamine (TAED) market players in expanding their presence in global market and increase their revenue.
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Key Findings of Tetraacetylethylenediamine (TAED) Market Study
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Tetraacetylethylenediamine (TAED) market: Key Drivers
Tetraacetylethylenediamine (TAED) Market: Regional Market Insights
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Tetraacetylethylenediamine (TAED) Market: Key Players
Fewer presence of prominent market players has ensured that the competition landscape in global tetraacetylethylenediamine (TAED) market is consolidated. It is anticipated that entry of new players will intensify the competition in the overall market, during the forecast period.
Some of the leading players in global market include The Lubrizol Corp., Clariant International AG, Spectrum Chemical Manufacturing Corporation, Idchem Company Ltd., Tokyo Chemical Industry Company., Ltd., and SDC Enterprises.
The global tetraacetylethylenediamine (TAED) market is segmented as follows:
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