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.
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 entire quaternary ammonium compounds market has been sub-categorized into type, application and distribution channel.
By Type
- Industrial Grade
- Pharmaceutical Grade
By Application
- Disinfectant
- Fabric Softeners
- Wood Preservative
- Surfactants
- Antistatic Agent
- Others
By Distribution Channel
- Online
- Offline
The quaternary ammonium compounds market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/quaternary-ammonium-compounds-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.