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Global Treated Distillate Aromatic Extract (TDAE) Insights and Overview Author: chenzhu Company: QYResearch Center Date: 2017/5/02
Recently, QYResearch have published a report on treated distillate aromatic extract (TDAE) market. The global revenue of Treated Distillate Aromatic Extract (TDAE) was valued at 774.58 M USD in 2016, rising demand from tire manufacturing industry and demand for environmentally friendly, and the global revenue of Treated Distillate Aromatic Extract (TDAE) is forecast to reach 948.7 M USD by the end of 2022. Europe dominates the global demand market for Treated Distillate Aromatic Extract (TDAE) and APAC is anticipated to continue increase for a foreseeable future.
TDAE is a kind of green rubber oil (natural friendly oil) with a high aromatic content, environmental protection, non-toxic, non-carcinogenic characteristics, can be used as a substitute for existing aromatic oil. This environment friendly process oil is used as a softening additive in the process of vulcanization of natural rubber and as a component of rubber compounds. Its high viscosity gravity constant (vgc) leads to the reduction in heat buildup and rotational resistance during the usage of tyres. This makes it the alternative that most closely resembles DAE from a chemical perspective. MES is mildly refined paraffinic base oil, sufficiently refined to meet HSE requirements, but not as closely related
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to DAE as TDAE, and therefore it doesn't display characteristics and performances as similar to DAE as TDAE does.
H&R Group dominate the TDAE market, which accounted for 34% of the global treated distillate aromatic extract (TDAE) sales market share in 2016. Other players, Orgkhim Biochemical Holdings accounted for 14 %, Total accounted for 12.922%. Therefore, market share concentration is highly concentrated.
On the basis of region, global giant manufactures mainly distributed in Europe. They have unshakable status in this field. Major consumption market mainly located in Asia-Pacific takes the market share of 45%in 2016, Europe followed by with 25% in 2016.
This article was first released by QYResearch analyst, if reproduced, please indicate the source. Media Contact:press@qyresearch.com Analyst :chenzhu@qyresearch.com
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