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Global Quaternary Ammonium Salts Industry Set to Grow as Demand Increases in Healthcare and Personal Care Industries

The market for quaternary ammonium salts grew annually (YoY) by 5.7% in 2021, reaching a market value of US$ 970 million in 2022. By the end of 2032, it is expected that the global consumption of quaternary ammonium salts will have increased at a 5.4% CAGR, totaling US$ 1.6 billion. Quaternary ammonium salts are an essential replacement for the feedstock used in the production of hand sanitizers and disinfectants, and this has piqued the interest of manufacturers, consumers, and government policymakers. The quaternary ammonium salts market refers to the global industry that produces and sells various types of quaternary ammonium salts, which are organic compounds that contain a positively charged nitrogen atom and four organic substituents. Quaternary ammonium salts are used in a wide range of applications, such as disinfectants, surfactants, catalysts, and others.

The market is driven by the increasing demand for quaternary ammonium salts in various end-use industries, such as healthcare, food and beverage, and personal care. The growth of the healthcare industry, especially in emerging economies, is expected to drive the demand for quaternary ammonium salts in the coming years. Additionally, the increasing awareness about hygiene and safety standards in the food and beverage and personal care industries is expected to create opportunities for the quaternary ammonium salts market

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Key Takeaways from Market Study

  • The global quaternary ammonium salts market is dominated by Europe, as it has established itself as the cosmetic manufacturing hub of the world, and accounted for nearly 30.2% market at the end of 2021.
  • Out of the end- uses considered in the scope of the study, personal care & cosmetics are set to dominate consumption during the forecast period (2022-2032), increasing at a 6.2% CAGR.
  • By 2032, the disinfectant function of quaternary ammonium salts is poised to be the major demand generator, accounting for nearly 33.2% market share.

Winning Strategy

End users involved in the personal care & cosmetics industry, as well as vital stakeholders in disinfectant and sanitiser manufacturing, are investing in expanding their production capacity. Tier-2 manufacturers need to follow suit and collaborate with end-use product manufacturers in an attempt to capitalize on new pioneering discoveries in quaternary ammonium salts, ensuring futuristic revenue-generating opportunities.

Capacity expansion and meeting the burgeoning demand for newer-age cosmetic products are already on the horizon, and manufacturers are looking to increase their market presence and regional dominance in the ever-growing market.

Key Companies Profiled

  • Arkema S.A.
  • BASF
  • Clariant AG
  • Evonik Industries AG
  • KLK Oleo
  • Nouryon

Some key questions that could be covered in a report on the quaternary ammonium salts market are:

  1. What are the current trends and developments in the quaternary ammonium salts market, and how are they expected to shape the market in the coming years?
  2. What are the key drivers, challenges, and opportunities in the quaternary ammonium salts market?
  3. What is the market size and growth rate of the quaternary ammonium salts market, and how is it expected to evolve in the forecast period?
  4. Which are the key applications of quaternary ammonium salts, and how are they being used in different industries?
  5. What are the different types of quaternary ammonium salts available in the market, and how do they differ in terms of functionality, features, and pricing?
  6. What are the key regions and countries driving the growth of the quaternary ammonium salts market, and what are the factors contributing to their dominance in the market?
  7. Who are the key players in the quaternary ammonium salts market, and what are their business strategies, product portfolios, and market shares?
  8. What are the emerging trends and opportunities in the quaternary ammonium salts market, and how can companies capitalize on them to gain a competitive advantage?

More Valuable Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the quaternary ammonium salts market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on product type (benzyldimethyldecyl ammonium chloride, benzyldimethyldodecyl ammonium chloride, benzyldimethyl-tetradecyl ammonium chloride, others), function (flocculent, drilling fluids, anti-static agents, disinfectants, surfactants, others), and end use (personal care & cosmetic products (personal care (shampoos & soaps, moisturizing lotions & creams, shaving products & body powders, sunscreens & cleansers)), cosmetics (foundations, powders, concealers, eye makeup (liners, shadow, mascara), facial makeup & makeup remover) sanitizers & disinfectants, industrial products (adhesives, floor wax & polish, paper & paperboard, water-based inks, latex paints, industrial cutting fluid, laundry starch, joint cement, printing pastes)), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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