Quats (Quaternary Ammonium Compounds) Market Size, Key Player Revenue, SWOT, PEST & Porter’s Analysis For 2021–2027
The global Quats
(Quaternary Ammonium Compounds) market is forecast to reach USD 1.63
Billion by 2027, according to a new report by Reports and Data. The rise in the
prevalence of hospital-acquired infections (HAIs) and the implementation of
stringent regulations and favorable government initiatives on disinfection and
sterilization are propelling the demand for the market. Developing economies
are estimated to provide ample growth opportunities for market players.
Quaternary ammonium compounds act as
fabric softeners, disinfectants, surfactants, antistatic agents, and wood
preservation, among others. The various application of the product is expected
to boost its demand in the coming period. Quaternary ammonium compounds are
usually used in personal care products, as conditioning agents during the
production of the skin, cloth, and hair softeners and also as disinfectants in
the food industry.
QACs are designated as the ultimate
workhorse of the surfactant industry. They are on the "High Production
Volume Chemicals" list of the USEPA. They possess self-assembly
characteristics, surface-active properties, detergency, and antimicrobial properties.
The unique physical and chemical properties of it have resulted in a variety of
applications and a high level of popularity in industrial and domestic
applications as surfactants, fabric softeners, emulsifiers, pesticides,
disinfectants, corrosion inhibitors, and phase transfer catalysts.
Get a sample
of the report @ https://www.reportsanddata.com/sample-enquiry-form/3091
Key participants include DuPont, Clariant AG, KAO Corporation, Merck
KGaA, Huntsman, BASF SE, Croda, Xiamen Pioneer Technology, Evonik Industries
AG, and Novo Nordisk Pharmatech A/S, among others.
Further key
findings from the report suggest
- QACs reduce surface and interfacial
tension by adsorbing to a surface or an interface such as hair and skin.
The adsorption ability of QACs onto organic surfaces makes its usage
extremely important in the personal care industry. Skincare products and
hair conditioners contain mainly alkyl QACs, ethoxylated, and ester QACs
in their formulations.
- Quats are also applicable in shampoos,
toilet cleaners, shaving creams, body washes, hand soaps, and anti-cling
dryer sheets, among others.
- Multiple health risks are associated with
the market product, such as birth defects, fertility issues, irritation,
allergies, which are hindering its growth. Moreover, the prices of raw
materials are fluctuating. This also impacts the demand for the product.
- Online sales of the market product have
witnessed growth with the rise in demand for disinfectants in general
households. Cleaning product demand has surged in the U.S. in the month of
March as people stockpile to prepare for the coronavirus. The sale of
aerosol disinfectants grew by 400% compared to the same period of the
previous year. Online sales segment held a market share of 62.8% in the
year 2019.
- The demand for quaternary ammonium
compounds is growing in the Asia Pacific region owing to the increasing
disposable income of the people in China, and India, which is increasing the
sales of personal care products. The Asia Pacific region is forecasted to
grow with the highest CAGR of 7.2% during the forecast period.
Get Discount on the Report @ https://www.reportsanddata.com/discount-enquiry-form/3091
The report also studies their
financial standing and global position. It also provides an extensive coverage
of the alliances occurring in the competitive landscape such as mergers and
acquisitions, collaborations, joint ventures, partnerships, corporate deals and
government deals, agreements, and product launches and brand promotions.
To impart a better understanding, the Quats
(Quaternary Ammonium Compounds) market is further segmented on the basis of
types, application, technologies, and key geographies where the market has
already established its presence.
For the purpose of this report, Reports and
Data have segmented the global Quats (Quaternary Ammonium Compounds) market on
the basis of type, application, distribution channel, and region:
Type Outlook
(Revenue, USD Billion; 2017-2027)
- Industrial Grade
- Pharmaceutical Grade
Application
Outlook (Revenue, USD Billion; 2017-2027)
- Disinfectant
- Fabric Softeners
- Wood Preservative
- Surfactants
- Antistatic Agent
- Others
Distribution
Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Browse
Complete Report “Quats (Quaternary Ammonium Compounds) Market” @ https://www.reportsanddata.com/report-detail/quats-quaternary-ammonium-compounds-market
Regional analysis section covers
analysis of the Quats (Quaternary Ammonium Compounds) market in the major
geographies of the world including North America, Latin America, Europe, Asia
Pacific, and the Middle East and Africa with regards to production and
consumption pattern, supply and demand ratio, import/export, revenue
contribution, market share and market size, and presence of key players in the
region.
Detailed Regional Analysis Covers:
· North America (U.S., Canada, Mexico)
· Europe (U.K., Italy, Germany, France, Rest of
Europe)
· Asia Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest
of Latin America)
· Middle East & Africa (Saudi Arabia,
U.A.E., South Africa, Rest of MEA)
Thank you for reading our report. For
further query on the report and customization, please connect with us. Our team
will ensure you get the report best suited for your needs.
Browse Our Related Reports:
Medical Polytetrafluoroethylene (PTFE) Market Overview
Building & Construction Chemicals Market Analysis
About Us:
Reports and
Data is a market research and consulting company that provides syndicated
research reports, customized research reports, and consulting services. Our
solutions purely focus on your purpose to locate, target and analyze consumer
behavior shifts across demographics, across industries and help client’s make a
smarter business decision. We offer market intelligence studies ensuring
relevant and fact-based research across a multiple industries including
Healthcare, Technology, Chemicals, Power and Energy. We consistently update our
research offerings to ensure our clients are aware about the latest trends
existent in the market.
Contact Us:
John W
Head of
Business Development
Reports And
Data
Direct Line:
+1-212-710-1370
Reports and Data |
Web: www.reportsanddata.com
Comments
Post a Comment