Quaternary Ammonium Compounds Market to Grow at USD 1.63 billion by 2027: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies


 

By 2027, the global market for Quats (Quaternary Ammonium Compounds) is expected to reach USD 1.63 billion. The market is being driven by the rise in the occurrence of hospital-acquired infections (HAIs) and the implementation of stringent regulations and favorable government initiatives on disinfection and sterilization. Developing economies are expected to give significant opportunities for growth.

Fabric softeners, disinfectants, surfactants, antistatic agents, and wood preservation are just a few of the uses for quaternary ammonium compounds. The product's numerous applications are projected to raise demand shortly. Quaternary ammonium compounds are commonly employed as conditioning agents in personal care products, such as skin, textile, and hair softeners.

The surfactant industry considers QACs to be the ultimate workhorse. They're on the USEPA's "High Production Volume Chemicals" list. Self-assembly, surface-active properties, detergency, and antibacterial properties are all present. Its unusual physical and chemical qualities have led to a wide range of applications and widespread use as surfactants, fabric softeners, emulsifiers, insecticides, disinfectants, corrosion inhibitors, and phase transfer catalysts in both industrial and residential settings.

There is a huge demand for cleaning and disinfecting as the COVID-19 outbreak spreads. Several antibacterial treatments are being kept on hand as everyday items. The government's focus on public health has been heightened as a result of the ongoing pandemic, and safety concerns have resulted in a surge in the market product. Companies all across the world are scaling up production facilities to meet the sudden rise in demand, which is coming primarily from healthcare organizations, municipal departments, food retail, and private households.

The Global Quaternary Ammonium Compounds Market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World. The region with the biggest market share in Asia-Pacific. The market in the APAC area will be boosted by rising disposable income in China and India, expanding the presence of market participants, and ongoing projects.

Data Chintan, Ashland, Taiyuan Sinolight, Tinci Materials, Huntsman, Evonik Industries, Clariant, SACHEM, Inc, Shandong Luyue, and Zhejiang Kente are some of the prominent companies in the “Global Quaternary Ammonium Compounds Market” study report.

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