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Asia Pacific benzalkonium chloride market to garner significant revenues through 2026

Author : Ronak Bora | Published Date : 2021-01-16 

Robust urbanization and industrialization across Asia Pacific could overwhelm the agriculture and pesticide industries, augmenting benzalkonium chloride market size. Often referred as alkyldimethylbenzylammonium chloride (ADBAC), benzalkonium chloride is a quaternary ammonium cationic surfactant that acts as a biocide and pesticide active substance.

With countries like Australia, India, Japan, South Korea and New Zealand heavily relying on the agricultural sector, it is estimated that the need for chemical pesticides and fertilizers may grow at an exponential rate, ramping up the demand for benzalkonium chloride. The substance is also used to preservatives utilized in the food industry and in detergents in laundry sector.

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China and Japan, that house large scale chemical plants could drive ADBAC demand over the ensuing years. Asia Pacific benzalkonium chloride market size is anticipated to reach over USD 430 million by 2026.

  1. Robust demand and supply across China

China composes some of the leading chemical companies in the world. According to The European Chemical Industry Council, China’s share in world chemicals market sales accounted for around 35.8% in 2018. Ameliorating industrialization in the region could bolster the demand for a wide range of chemicals used in various applications. Rapid growth in chemical sector may thereby instigate benzalkonium chloride supply and demand in China over the forthcoming years.

  1. Paramount significance in cosmetic products

Benzalkonium chloride is a key chemical substance used in personal care and cosmetic products such as skin cleansers, shampoos, eye makeup and personal cleanliness items. It can help prevent the growth of microorganisms on skin surface and also functions as a foam booster. Escalating consumer spending on branded personal care items and changing lifestyle are likely to raise the demand for high-quality skin care and sunscreen products.

In 2018, the cosmetics industry of Asia Pacific was valued at around USD 120 billion. Compelling features like bactericidal and virucidal nature will stimulate the use of benzalkonium chloride as a preservative in ophthalmic drugs and nasal sprays.

  1. Overwhelming demand for disinfectants

Ever since the COVID-19 pandemic, the demand for disinfectants has grown at a stellar rate across Asia Pacific. Benzalkonium chloride finds crucial application in disinfectants, credited to its ability to prevent pathogen growth on surfaces and excellent toxicity against algae, fungi, and enveloped viruses. It is used as a biocide in sanitization and for disinfection of food processing and dairy equipment.

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In addition to this, the product is also used as a disinfectant across an assortment of industries such as chemical, beverage, and horticulture. Reports indicate that the Asia Pacific benzalkonium chloride market from the biocide application was valued over US$170 million in 2019, and could register a CAGR of 8.5% by 2026.

Some of the major suppliers of the compound across APAC include Merck Millipore, Aarti Industries Ltd., Delta Chemsol, Dishman India, Boke Water treatment, Novo Nordisk Pharmatech and Kao Corporation, among others. Food and beverage applications are expected to have a more significant impact on the product consumption due to the growing dependence of people on packaged food as well as drinks, invariably bolstering ADBAC demand. 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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