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Global Benzalkonium Chloride Market 2021 – Competition Landscape and Growth Opportunity, Analysis and Demand by 2027

Author : Ravi Chawat | Published Date : 2021-06-11 

The global benzalkonium chloride market is expected to pick up significant momentum in terms of growth over 2021-2027. It has high product adoption across numerous application avenues such as food & beverage, chemical industry, oil & gas, cosmetics, and pharmaceutical among others. Benzalkonium chloride or BAC, also termed as ammonium alkyl dimethyl (phenylmethyl) chloride, benzyl ammonium chloride are a group of quaternary ammonium compounds or QACs.

These are basically chemicals with extensive applications owing to wide-spectrum antimicrobial properties against viruses, fungi, and bacteria. BAC is mostly used as an antibacterial agent and a surfactant and usually found in household cleaning products. The global benzalkonium chloride market is bifurcated into various segments in terms of type, applications, end-use, and regional landscape.

In terms of end-use, the overall benzalkonium chloride market is categorized into oil & gas, leather, textile, pulp & paper, chemical, pharmaceutical, polymers & coatings, cosmetics, and food & beverages sectors. Among these, the industry share form F&B segment is projected to witness a 7.5% CAGR up to 2027.

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The substance has non-staining, non-tainting, non-corrosive, and non-toxic characteristics. Benzalkonium chloride is extensively used in the cleaner-sanitizers formulation for catering industry, cold storage plants, breweries, dairy industry, bottling plants, slaughterhouses, milk storage tanks, fisheries, food storage plants among many others.

The market share from polymer & coating application segment is expected to witness around 8% CAGR through the analysis time period. Quaternary ammonium compounds or benzalkonium chloride is widely used as anti-static, preservative and emulsifier in the coatings industry such as electronics, wood treatment, and paints among others.

Meanwhile, the revenue for the market from chemical industry segment is projected to grow at 9% CAGR up to 2027. Benzalkonium chloride has various applications in the chemical sector, mainly as a phase transfer catalyst and precipitant owing to its ability to localize at water/oil and water/air interfaces, and de-emulsifier/emulsifier among others.

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The share of paper & pulp segment product is anticipated to witness growth by over $90 million by the end of the analysis timeframe. Benzalkonium chloride is widely used as a general microbicide for slime control as well as odor management in pulp mills. It enhances the paper handling and provides strength & antistatic properties to paper-based products.

Oil & gas application segment is likely to witness a respectable CAGR of over 8% through 2027. Applications of benzalkonium chloride include higher oil extraction through de-emulsification as well as sludge breaking.

From a regional frame of reference, LATAM benzalkonium chloride market size is expected to grow over by $90 million by the end of 2027. Meanwhile, the Middle East & Africa market share is anticipated to witness growth by approximately $85 million by the end of the same period.

Browse More News:

https://www.marketwatch.com/press-release/dimer-acid-market-size-by-application-industry-analysis-report-regional-outlook-price-trends-competitive-market-share-forecast-2016---2023-2021-06-09

http://www.globenewswire.com/en/news-release/2019/05/28/1851119/0/en/Sodium-Metasilicate-Pentahydrate-Market-to-hit-875mn-by-2025-Global-Market-Insights-Inc.html

https://www.prnewswire.com/news-releases/methyl-isobutyl-ketone-market-to-hit-800mn-by-2025-global-market-insights-inc-300855936.html

 

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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