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What's driving the Benzalkonium Chloride Market trends? | Key Players are Merck Millipore, Stepan Company, Quat-Chem, Iwaki Seiyaku, Kao Chemicals, Novo Nordisk

04-15-2020 10:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: DecResearch.com

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Benzalkonium chloride market

Benzalkonium chloride market

benzalkonium chloride market research study provides a detailed survey of the vital players - this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of industry contenders. This report is also anticipated to reflect consistent growth in years to come, since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

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Increasing consumption of various consumer and industrial products has led to a steady expansion of the global benzalkonium chloride market, in conjunction with the surge in disposable incomes of the working class population. The compound is effective as a disinfectant and preservative across food & beverage, pharmaceutical and chemical applications, being extensively found in nasal and ophthalmic medicines. Benzalkonium chloride is usually deployed as an antibacterial agent and surfactant in several household products like hand wash and hand wipes, along with personal care products and ointments.

Growing product demand as a surface disinfectant and antibacterial agent in cosmetics & pharmaceuticals should stimulate benzalkonium chloride market growth. This product is highly biodegradable which ensures that it will not accumulate in the environment with use, unlike conventional alternatives which disrupt the ecosystem. BAC is highly effective against a wide variety of viruses, algae, fungi and bacteria which enhances its biocidal activity and is likely to further boost product demand.

The increasing prevalence of insect bites and rashes along with the rising ageing population sustaining skin complaints from obesity and other lifestyle diseases will significantly aid benzalkonium chloride market trends. The technology advancements in the pharmaceutical industry can help create a new range of products comprising BAC, further helping in widening the benzalkonium chloride market outlook.

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In a nutshell, a number of critical applications in the food and beverages segment will fuel the development of the global benzalkonium chloride market, which is anticipated to surpass billion dollar valuation by 2025. Prominent companies outlining the competitive dynamics of the benzalkonium chloride market include Dishman group, Jinshan Jingwei Chemical, Manav Aktteva Biopharma LLP, Merck Millipore and Novo Nordisk.

The regional segmentation covers:

Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
North America Region (U.S., Canada, Mexico)
South America Region (Argentina, Brazil, Columbia, Rest of South America)
Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)
Europe Benzalkonium Chloride Market from water treatment chemical applications in biocide surpassed USD 40 million in 2018. The product's strong algacidal properties ensures efficient cleansing of swimming pools, which increases its suitability for water treatment in inns, spas and civic sanitation. This product is well-suited for the reduction of sludge, algae, & odor along with preventing bacterial infections in shrimp which should further stimulate product demand from aquaculture applications.

U.S. benzalkonium chloride 50% market should register over 5.5% gains by 2025 pertaining to significant product adoption as an oilfield chemical. The product inhibits the growth of sulfate reducing microbes which may weaken oilfield equipment by forming hydrogen sulfide gas. This product also enhances the oil extraction process by promoting de-emulsification, sludge breaking and reducing operational hazards caused by biocorrosion, which should accelerate benzalkonium chloride market growth.

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Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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Corporate Sales, USA
Decresearch
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About Us

Decresearch, headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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