Press release
Quaternary Ammonium Compounds (Quats) Market Size to Boost USD 1.63 Billion By 2032 | CAGR 4.2% - Published by Emergen Research
Quaternary Ammonium Compounds (Quats) Market
The Quaternary Ammonium Compounds (Quats) market has witnessed significant growth in recent years, driven by their widespread applications across various industries. Quats are a class of organic compounds characterized by a positively charged nitrogen atom linked to four organic groups. These compounds find extensive use as disinfectants, surfactants, fabric softeners, and as active ingredients in various personal care and household products. The market for Quats is propelled by several factors contributing to its expansion and evolution.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Quaternary Ammonium Compounds (Quats) Market :
One of the primary drivers behind the growth of the Quats market is the increasing demand for disinfectants and sanitizers in various sectors, including healthcare, food processing, and household cleaning. The efficacy of Quats in killing a broad spectrum of microorganisms, including bacteria, viruses, and fungi, has made them indispensable in maintaining hygiene and preventing the spread of infectious diseases. Additionally, the rising awareness regarding cleanliness and hygiene standards further boosts the demand for Quats-based products.
Growth Factors of the Quaternary Ammonium Compounds (Quats) Market :
The Quats market is also benefiting from the expanding scope of applications beyond traditional uses. With ongoing research and development efforts, manufacturers are discovering new applications for Quats in industries such as agriculture, water treatment, and personal care. For instance, Quats are increasingly being incorporated into agricultural formulations for crop protection, offering a sustainable solution for pest and disease management. Moreover, the versatility of Quats allows for their incorporation into formulations tailored to specific needs, further driving their adoption across diverse sectors.
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The report also discusses the key players involved in the market such as:
Arkema, BASF SE, DuPont, Evonik Industries AG, Ashland, Novo Nordisk A/S, Global Amines Company Pte. Ltd, Kao Corporation, ChemPoint, Sachem Inc., Clariant, Huntsman International LLC, Merck KGaA, Croda International Plc, Xiamen Pioneer Technologies Co., Ltd., Neo San Labs, Theochem Laboratories Inc., Delta Finochem Pvt Ltd., Thor and Simoniz USA
The report provides a thorough estimation of the overall impact of the pandemic on the Quaternary Ammonium Compounds (Quats) Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Quaternary Ammonium Compounds (Quats) Market
Quaternary Ammonium Compounds (Quats) Latest Industry Updates
On 1 August 2023, Kao Group announced that it and its wholly owned subsidiaries Kao Australia Pty. Limited and Kao USA Inc. has signed an agreement to acquire the Bondi Sands brand through the acquisition of Bondi Sands Australia Pty Ltd and associated Bondi. Kao Group sand companies are known as the leading manufacturer and distributor of famous global beauty brands such as John Frieda, Jergens, Curél and Bioré. Bondi Sands is a famous Australian sun protection company specializing in self-tanning, sun protection, skin, and body care products. Terms of the agreement were not disclosed.
On 30 June 2023, Evonik acquired Novachem, an Argentine innovator of sustainable cosmetic actives. Novachem offers a strong and innovative portfolio of biotech, natural and sustainable cosmetic actives with scientifically proven claims that will strengthen Evonik's portfolio of systems solutions. The company is headquartered in Buenos Aires, Argentina and has 20 employees. Novachem will be integrated into Evonik's Care Solutions business within the Nutrition & Care life sciences division.
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Quaternary Ammonium Compounds (Quats) Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented global Quaternary Ammonium Compounds (Quats) market on the basis of product, distribution, application, end-use, and region:
· Product Outlook (Revenue, USD Billion; 2019-2032)
Didecyldimethylammonium Chloride (DDAC)
Benzalkonium Chloride (BAC)
Alkyltrimethylammonium Chloride (ATAC)
Others
· Distribution Outlook (Revenue, USD Billion; 2019-2032)
Online
Offline
· Application Outlook (Revenue, USD Billion; 2019-2032)
Disinfectants
Antibacterial Distribution
Surfactants and Emulsifiers
Preservatives
Others
· End-Use Outlook (Revenue, USD Billion; 2019-2032)
Industrial
Pharmaceuticals
Cosmetics
Agricultural
Water treatment
Others
· Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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