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    Treated Distillate Aromatic Extracts (TDAE) Market

    ID: MRFR/CnM/3530-CR
    137 Pages
    Anshula Mandaokar
    February 2021

    Treated Distillate Aromatic Extracts Market Application (tires & tubes, belting & houses, battery containers, extruded products, & others) and Region (Asia Pacific, Europe, North America, Latin America, Middle east & Africa) - Forecast till 2032

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    Treated Distillate Aromatic Extracts (TDAE) Market Research Report- Forecast to 2032 Infographic
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    Table of Contents

    Treated Distillate Aromatic Extracts (TDAE) Market Summary

    As per Market Research Future Analysis, the Treated Distillate Aromatic Extracts (TDAE) market was valued at USD 799.75 Million in 2023 and is projected to reach USD 1358.56 Million by 2032, growing at a CAGR of 5.90% from 2024 to 2032. The market is driven by the increasing demand for rubber softening additives in the automotive industry, particularly in tire manufacturing. However, environmental regulations concerning the toxic content of TDAE pose significant challenges. The COVID-19 pandemic negatively impacted production and sales, leading to a reevaluation of strategies within the industry. Major players are focusing on R&D to address regulatory changes and improve product standards.

    Key Market Trends & Highlights

    The TDAE market is witnessing significant growth driven by various factors.

    • Market Size in 2023: USD 799.75 Million
    • Projected Market Size by 2032: USD 1358.56 Million
    • CAGR from 2024 to 2032: 5.90%
    • Tires and tubes segment accounts for around 70% of the overall market size.

    Market Size & Forecast

    2023 Market Size USD 799.75 Million
    2032 Market Size USD 1358.56 Million
    CAGR (2024-2032) 5.90%

    Major Players

    Royal Dutch Shell Plc, Total SA, H&R Group, ATDM, CPC Corporation, Lanxess, Nynas, Eagal Petrochem

    Treated Distillate Aromatic Extracts (TDAE) Market Trends

    The increasing demand for environmentally friendly products is likely to drive innovation in the Treated Distillate Aromatic Extracts Market, as manufacturers seek to align with sustainability goals and regulatory standards.

    U.S. Environmental Protection Agency

    Treated Distillate Aromatic Extracts (TDAE) Market Drivers

    Market Growth Projections

    The Global Treated Distillate Aromatic Extracts Market Industry is projected to experience substantial growth in the coming years. With a market value of 849.9 USD Million in 2024, it is anticipated to reach 1613.5 USD Million by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.0% from 2025 to 2035. Such projections indicate a robust demand for treated distillate aromatic extracts, driven by various factors including technological advancements, regulatory support, and changing consumer preferences. The market's expansion is likely to create new opportunities for manufacturers and stakeholders, fostering innovation and competition within the industry.

    Expansion of the Aromatics Market

    The expansion of the global aromatics market is a crucial driver for the Global Treated Distillate Aromatic Extracts Market Industry. As the demand for fragrances and flavoring agents increases across various sectors, including food and beverages, cosmetics, and household products, treated distillate aromatic extracts are becoming essential components. This growth is supported by the rising disposable incomes and changing lifestyles, particularly in emerging economies. The market's trajectory suggests a continuous upward trend, with forecasts indicating a substantial increase in market value, thereby reinforcing the importance of treated distillate aromatic extracts in meeting the evolving needs of consumers.

    Growing Demand in End-Use Industries

    The Global Treated Distillate Aromatic Extracts Market Industry experiences robust growth due to increasing demand from various end-use sectors, including automotive, construction, and consumer goods. These extracts are utilized for their aromatic properties and as solvents, enhancing product performance. For instance, the automotive sector employs these extracts in coatings and adhesives, which are essential for vehicle manufacturing. As industries expand, the market is projected to reach 849.9 USD Million in 2024, reflecting a significant uptick in consumption. This trend indicates a shift towards high-performance materials, thereby driving the demand for treated distillate aromatic extracts.

    Regulatory Support for Sustainable Practices

    Regulatory frameworks promoting sustainability are influencing the Global Treated Distillate Aromatic Extracts Market Industry. Governments worldwide are implementing stringent regulations to reduce environmental impact, encouraging manufacturers to adopt eco-friendly practices. This shift is evident in the adoption of treated distillate aromatic extracts, which are often derived from renewable sources. For example, the European Union's Green Deal aims to make Europe climate-neutral by 2050, fostering innovation in sustainable materials. Consequently, the market is expected to grow, with projections indicating a rise to 1613.5 USD Million by 2035, as companies align with these regulations and consumer preferences for sustainable products.

    Rising Consumer Preference for Natural Products

    The Global Treated Distillate Aromatic Extracts Market Industry is witnessing a shift in consumer preferences towards natural and organic products. This trend is driven by heightened awareness of health and environmental issues, prompting consumers to seek products with fewer synthetic chemicals. Treated distillate aromatic extracts, often derived from natural sources, align with this demand, making them increasingly popular in personal care, food, and beverage applications. As manufacturers respond to this trend by incorporating these extracts into their formulations, the market is expected to expand significantly, reflecting a broader movement towards sustainability and health-conscious choices.

    Technological Advancements in Extraction Processes

    Technological innovations in extraction processes are significantly enhancing the efficiency and quality of treated distillate aromatic extracts. The Global Treated Distillate Aromatic Extracts Market Industry benefits from advancements such as solvent extraction and distillation techniques, which improve yield and reduce production costs. For instance, the introduction of supercritical fluid extraction has revolutionized the industry, allowing for the extraction of high-purity aromatic compounds. These advancements not only optimize resource utilization but also cater to the increasing demand for high-quality extracts. As a result, the market is poised for growth, with a projected CAGR of 6.0% from 2025 to 2035, indicating a strong future outlook.

    Market Segment Insights

    Regional Insights

    Key Companies in the Treated Distillate Aromatic Extracts (TDAE) Market market include

    Industry Developments

      • October 2020: Sulzer supplied a customized mass transfer solution to PT Enerco RPO Internasional's grassroots facility in Batam, Indonesia, which produces treated distillate aromatic extract (TDAE). Sulzer created and built the world's largest agitated extraction column, the KuhniTM (ECR). This piece of equipment is critical in the production of environmentally friendly rubber process oils (RPOs) for the tire and rubber industries. This column, which measures 2.8 m (9 ft 2 in.) in diameter and 34 m (111 ft 6 in.) in height, is the largest of its kind and enables PT Enerco RPO International to distribute significant volumes of TDAE.
      • China has become one of the major countries generating revenue in the TDAE market for the Asia-Pacific region. The revenue of USD 133.1 million in 2016 shows its rising growth.
      • Europe has come under the influence of many regulatory precedents in recent times. Therefore, the strict regulations have resulted in major strategic reforms by key players in the existing market.
      • The global TDAE market would most probably reach around USD 1027.1 million by 2027 at an expected CAGR of 3.71%.
      • The tires and tubes segment accounted for around 70% of the overall TDAE market size.
      • Asia Pacific region is the dominant market leader emerging in recent times with around 45% of the global share.

    Future Outlook

    Treated Distillate Aromatic Extracts (TDAE) Market Future Outlook

    The Treated Distillate Aromatic Extracts Market is projected to grow at a 6.0% CAGR from 2024 to 2035, driven by increasing demand in various industrial applications and sustainable sourcing initiatives.

    New opportunities lie in:

    • Develop eco-friendly extraction technologies to enhance product appeal.
    • Expand into emerging markets with tailored marketing strategies.
    • Invest in R&D for innovative applications in cosmetics and pharmaceuticals.

    By 2035, the market is expected to achieve robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Report Overview

    • Recent developments in the market
    • Analysis of regional market for TDAE
    • Overview of market segmentation
    • Analysis of the competitive landscape
    • Value chain analysis for TDAE market research
    • Explaining market dynamics of the TDAE market
    • Analysis of the TDAE market in response to COVID 19
    • Market overview and highlights of the global TDAE market

    Segment Overview

    • By Application
    • By Region

    Recent Developments

    • Asia Pacific region is the dominant market leader emerging in recent times with around 45% of the global share.
    • The tires and tubes segment accounted for around 70% of the overall TDAE market size.
    • The global TDAE market would most probably reach around USD 1027.1 million by 2027 at an expected CAGR of 3.71%.
    • Europe has come under the influence of many regulatory precedents in recent times. Therefore, the strict regulations have resulted in major strategic reforms by key players in the existing market.
    • China has become one of the major countries generating revenue in the TDAE market for the Asia-Pacific region. The revenue of USD 133.1 million in 2016 shows its rising growth.
    • October 2020: Sulzer supplied a customized mass transfer solution to PT Enerco RPO Internasional's grassroots facility in Batam, Indonesia, which produces treated distillate aromatic extract (TDAE). Sulzer created and built the world's largest agitated extraction column, the KuhniTM (ECR). This piece of equipment is critical in the production of environmentally friendly rubber process oils (RPOs) for the tire and rubber industries. This column, which measures 2.8 m (9 ft 2 in.) in diameter and 34 m (111 ft 6 in.) in height, is the largest of its kind and enables PT Enerco RPO International to distribute significant volumes of TDAE.

    Competitive Landscape of TDAE Market

    • Eagal Petrochrm
    • Lanxess, Nynas
    • CPC Corporation
    • ATDM
    • Total SA, H&R Group
    • Royal Dutch Shell Plc

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD  799.75 Million
    Market Size 2024 USD 849.90 Million
    Market Size 2032 USD 1358.56 Million
    Compound Annual Growth Rate (CAGR) 5.90% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Factors and application
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Royal Dutch Shell Plc, Total SA, H&R Group, ATDM, CPC Corporation, Lanxess, Nynas, Eagal Petrochrm
    Key Market Opportunities Market demand for TDAE
    Key Market Dynamics Growth of the transportation industry and maritime trade

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    Who are the key players in TDAE market?

    The key players in the treated distillate aromatic extracts market include H&R group, Eagel Petrochem, Royal Dutch Shell Plc, CPC Corporation, Nynas, ATDM and Total SA and others.

    Which region would grab the maximum market share in TDAE?

    The Asia Pacific region can gain a major share of the market in the forecast period.

    What is the growth prediction for the TDAE market?

    The TDAE market would grow profoundly at a rate of 5.90% CAGR in the period between 2024 and 2032.

    What are the factors driving the growth of TDAE market?

    The increasing growth of the transportation industry is the foremost factor for driving the growth of TDAE market.

    What will be the value of TDAE market?

    The global TDAE market is expected to reach around USD 1358.56 million by 2032.

    1. Report Prologue
    2. Market Definition
      1. Definition 13
      2. Scope Of The Study 13
        1. Research Objectives 13
        2. Assumptions
        3. Limitations 14
      3. Market Structure 14
    3. Research Methodology
      1. Research Process 15
      2. Primary Research 16
      3. Secondary Research
      4. Market Size Estimation 16
    4. Market Dynamics
      1. Introduction
      2. Drivers 20
        1. Dynamic Growth In Transportation Industry 20
        2. Widening Scope Of Rubber Goods 21
        3. Growing Consumption Of Rubber
    5. Processing Oil 22
      1. Restraints 23
        1. Stringent Environmental Regulation
    6. Linked With Regional Ban On Consumption Of TDAE 23
      1. Opportunities 24
        1. Increasing Global Industrials Output 24
      2. Market Trends 24
    7. Increasing Focus/ Investment On Research & Development Activities 24
    8. Market Factor Analysis
      1. Supply Chain Analysis 25
        1. Raw Material
    9. Producers 25
      1. TDAE Manufacturers 25
        1. Distributors 25
    10. End Users 26
      1. Porter 5 Forces Analysis 26
        1. Competitive Rivalry
        2. Threat Of New Entrants 27
        3. Threat Of New Substitute 27
        4. Bargaining Power Of Suppliers 27
        5. Bargaining Of Consumers 27
    11. Global Treated Distillate Aromatic Extracts Market, By Application
    12. Introduction 28
      1. Tires & Tubes 30
      2. Belting & Houses 31
      3. Battery Containers 32
      4. Extruded Products 33
      5. Others 34
    13. Global Treated Distillate Aromatic Extracts Market, By Region
    14. Global
    15. Treated Distillate Aromatic Extracts Market, By Region 36
      1. Introduction
      2. North America 38
        1. The U.S. 39
        2. Canada 40
    16. Europe 42
      1. Germany 44
        1. France 45
        2. UK 46
    17. Italy 47
      1. Spain 48
        1. Rest Of The Europe 49
      2. Asia Pacific
        1. China 52
        2. India 53
        3. Japan 54
        4. South
    18. Korea 55
      1. Rest Of The Asia Pacific 56
      2. Latin America 57
    19. Brazil 59
      1. Mexico 60
        1. Rest Of The Latin America 61
    20. Middle East & Africa 62
      1. Saudi Arabia 64
        1. UAE 65
    21. Rest Of The Middle East & Africa 66
    22. Competitive Landscape
      1. Introduction
      2. Key Developments
    23. Company Profiles
      1. Lanxess 68
    24. Company Overview 68
      1. Financials 68
        1. Products 68
        2. Strategy
        3. Key Developments 68
      2. Royal Dutch Shell Plc 69
        1. Company
    25. Overview 69
      1. Financials 69
        1. Products 69
        2. Strategy
        3. Key Developments 69
      2. CPC Corporation 70
        1. Company
    26. Overview 70
      1. Financials 70
        1. Products 70
        2. Strategy
        3. Key Developments 70
      2. Total S.A 71
        1. Company Overview
        2. Financials 71
        3. Products 71
        4. Key Developments 71
      3. Eni.S.P.A 72
        1. Company Overview 72
        2. Financials 72
    27. Products 72
      1. Strategy 72
        1. Key Developments 72
      2. Gazpromneft
    28. - Lubricants, Ltd. 73
      1. Company Overview 73
        1. Financials 73
        2. Products 73
        3. Strategy 73
        4. Key Developments 73
    29. H&R GROUP 74
      1. Company Overview 74
        1. Financials 74
    30. Products 74
      1. Strategy 74
        1. Key Developments 74
      2. Nynas
        1. Company Overview 75
        2. Financials 75
        3. Products 75
        4. Strategy 75
        5. Key Developments 75
      3. Eagal Petrochem 76
        1. Company Overview 76
        2. Financials 76
        3. Products 76
    31. Strategy 76
      1. Key Developments 76
      2. ATDM 77
        1. Company
    32. Overview 77
      1. Financials 77
        1. Products 77
        2. Key Developments
    33. Conclusion
    34. List Of Tables
    35. AROMATIC EXTRACTS MARKET, BY APPLICATION 2020-2027 (USD MILLION) 28
    36. GLOBAL TREATED DISTILLATE AROMATIC EXTRACTS MARKET, BY APPLICATION 2020-2027 (KT)
    37. TUBES MARKET (USD MILLION) (2020-2027) 30
    38. AROMATIC EXTRACTS MARKET FOR TIRES & TUBES MARKET (KT) (2020-2027) 30
    39. GLOBAL TREATED DISTILLATE AROMATIC EXTRACTS MARKET FOR BELTING & HOUSES MARKET
    40. (USD MILLION) (2020-2027) 31
    41. MARKET FOR BELTING & HOUSES MARKET (KT) (2020-2027) 31
    42. DISTILLATE AROMATIC EXTRACTS MARKET FOR BATTERY CONTAINERS MARKET (USD MILLION)
    43. BATTERY CONTAINERS MARKET (KT) (2020-2027) 32
    44. AROMATIC EXTRACTS MARKET FOR EXTRUDED PRODUCTS MARKET (USD MILLION) (2020-2027)
    45. PRODUCTS MARKET (KT) (2020-2027) 33
    46. EXTRACTS MARKET FOR OTHERS MARKET (USD MILLION) (2020-2027) 34
    47. TREATED DISTILLATE AROMATIC EXTRACTS MARKET FOR OTHERS MARKET (KT) (2020-2027) 35
    48. (USD MILLION) 37
    49. BY REGION 2020-2027 (KT) 37
    50. EXTRACTS MARKET BY COUNTRIES (2020-2027) (USD MILLION) 38
    51. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY COUNTRIES (2020-2027) (KT) 38
    52. (2020-2027) (USD MILLION) 38
    53. EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 39
    54. AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 39
    55. U.S. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT)
    56. (2020-2027) (USD MILLION) 40
    57. EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 41
    58. DISTILLATE AROMATIC EXTRACTS MARKET BY COUNTRIES (2020-2027) (USD MILLION) 42
    59. (KT) 42
    60. (2020-2027) (USD MILLION) 43
    61. MARKET BY APPLICATION (2020-2027) (KT) 43
    62. AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 44
    63. GERMANY TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027)
    64. (KT) 44
    65. (2020-2027) (USD MILLION) 45
    66. MARKET BY APPLICATION (2020-2027) (KT) 45
    67. EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 46
    68. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 46
    69. ITALY TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027)
    70. (USD MILLION) 47
    71. BY APPLICATION (2020-2027) (KT) 47
    72. EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 48
    73. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 48
    74. BY APPLICATION (2020-2027) (USD MILLION) 49
    75. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 49
    76. (2020-2027) (USD MILLION) 50
    77. EXTRACTS MARKET BY COUNTRIES (2020-2027) (KT) 50
    78. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 51
    79. (2020-2027) (KT) 51
    80. MARKET BY APPLICATION (2020-2027) (USD MILLION) 52
    81. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 52
    82. INDIATREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD
    83. MILLION) 53
    84. (2020-2027) (KT) 53
    85. BY APPLICATION (2020-2027) (USD MILLION) 54
    86. AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 54
    87. KOREATREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD
    88. MILLION) 55
    89. BY APPLICATION (2020-2027) (KT) 55
    90. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 56
    91. APPLICATION (2020-2027) (KT) 56
    92. EXTRACTS MARKET BY COUNTRIES (2020-2027) (USD MILLION) 57
    93. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY COUNTRIES (2020-2027) (KT) 57
    94. (2020-2027) (USD MILLION) 58
    95. EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 58
    96. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 59
    97. (KT) 59
    98. (2020-2027) (USD MILLION) 60
    99. MARKET BY APPLICATION (2020-2027) (KT) 60
    100. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION)
    101. MARKET BY APPLICATION (2020-2027) (KT) 61
    102. TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY COUNTRIES (2020-2027) (USD MILLION)
    103. BY COUNTRIES (2020-2027) (KT) 62
    104. AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 63
    105. MIDDLE EAST &AFRICA TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION
    106. (2020-2027) (KT) 63
    107. MARKET BY APPLICATION (2020-2027) (USD MILLION) 64
    108. DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (KT) 64
    109. UAE TREATED DISTILLATE AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD
    110. MILLION) 65
    111. (2020-2027) (KT) 65
    112. AROMATIC EXTRACTS MARKET BY APPLICATION (2020-2027) (USD MILLION) 66
    113. REST OF THE MIDDLE EAST &AFRICA TREATED DISTILLATE AROMATIC EXTRACTS MARKET
    114. BY APPLICATION (2020-2027) (KT) 66
    115. List Of Figures
    116. FORECAST MODEL 18
    117. TREATED DISTILLATE AROMATIC EXTRACTS MARKET, BY APPLICATION 2020-2027 (USD MILLION)
    118. 2027 (KT) 29
    119. BY REGION (2016) (%) 36

    Treated Distillate Aromatic Extracts (TDAE) Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Treated Distillate Aromatic Extracts (TDAE) Market Research Report- Forecast to 2032 Infographic
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