The global demand for Quaternary Ammonium Compounds Market is presumed to reach the valuation of nearly USD XX BN by 2026 from USD XX BN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Quaternary Ammonium Compounds (QACs) or quats are the surface-active agents for killing bacteria, viruses and mold. It is commonly used as low-level disinfectant for reducing surface tension and form micelles. It is mostly used for disinfecting countertops, toilets, and other surfaces and floors. Quats are used in hair shampoo, lotions, conditioners, fabric softeners, and various personal care products.
Increasing bacterial and hospital acquired infections is driving the demand for disinfectants, further fuels the market growth. As per the Centres of Disease Control and Prevention, hospital acquired infections (HAIs) was estimated for 1.7 million infections accountable for 99,000 associated deaths each year in America alone. Outbreak of the COVID-19 worldwide has created surge in the need of the disinfectants, which is driving the quaternary ammonium compounds market. Increasing geriatric population, prevalence of chronic medical condition is further propelling growth of this market. Rise in surgical procedures to treat diseases, ulcers, and to enhance beauty is again in favour of the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of quaternary ammonium compounds.
The entire quaternary ammonium compounds market has been sub-categorized into type, application and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Industrial Grade
- Pharmaceutical Grade
By Distribution Channel
- Fabric Softeners
- Wood Preservative
- Antistatic Agent
This section covers regional segmentation which accentuates on current and future demand for quaternary ammonium compounds market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Quaternary Ammonium Compounds Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the quaternary ammonium compounds market include Air Products and Chemicals, Inc., DuPont, Huntsman International LLC, BASF SE, Clariant AG, Henkel AG & Co. KGaA, Evonik Industries AG, Croda International Plc, KAO Corporation, Merck KGaA, Novo Nordisk Pharmatech A/S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.