Reports and Data has published a new study on the Global Quats (Quaternary Ammonium Compounds) Market comprising of exclusive insights, growth prospects, market size and share estimation, and opportunities. Global Quats (Quaternary Ammonium Compounds) Market report is a comprehensive and top-notch market report which offers the professionals and businesses critical insights into the market and industry. The research study on the Quats (Quaternary Ammonium Compounds) market provides a complete overview of the product portfolio, value chain analysis, revenue contribution, profit margins, and other major factors. The report includes insights offered by industry experts, professions, and research analysts.
The global Quats (Quaternary Ammonium Compounds) Market is forecast to reach USD 1.63 Billion by 2027, according to a new report by Reports and Data. The rise in the prevalence of hospital-acquired infections (HAIs) and the implementation of stringent regulations and favorable government initiatives on disinfection and sterilization are propelling the demand for the market. Developing economies are estimated to provide ample growth opportunities for market players.
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Top companies profiled in the report include:
DuPont, Clariant AG, KAO Corporation, Merck KGaA, Huntsman, BASF SE, Croda, Xiamen Pioneer Technology, Evonik Industries AG, and Novo Nordisk Pharmatech A/S, among others.
Further key findings from the report suggest:
Online sales of the market product have witnessed growth with the rise in demand for disinfectants in general households. Cleaning product demand has surged in the U.S. in the month of March as people stockpile to prepare for the coronavirus. The sale of aerosol disinfectants grew by 400% compared to the same period of the previous year. Online sales segment held a market share of 62.8% in the year 2019.
The demand for quaternary ammonium compounds is growing in the Asia Pacific region owing to the increasing disposable income of the people in China, and India, which is increasing the sales of personal care products. The Asia Pacific region is forecasted to grow with the highest CAGR of 7.2% during the forecast period.
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This industry includes polymers, dyes, lubricants, surfactants, resins, petrochemicals, bleaches, paints, plastics, soap, detergent, and acids, among other chemicals and chemical products. The materials and chemical industries are known for improving product physical characteristics. Magnetic, optical, structural, and catalytic properties are all altered to increase the product’s overall efficacy. Leading players in the materials and chemicals industry have questioned the status quo and produced brilliant inventions that have altered the course of history. Advancement in the materials and chemicals industry can lead other industries in comprehending new types of matter. In this way, it creates a solid foundation for the advancement of society as a whole.
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Global Quats (Quaternary Ammonium Compounds) Market Segmentation:
By Types:
Industrial Grade
Pharmaceutical Grade
By Applications:
Disinfectant
Fabric Softeners
Wood Preservative
Surfactants
Antistatic Agent
Others
Major Regions covered in the report:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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