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Quaternary Ammonium Compounds Market

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The global quaternary ammonium compounds market size is likely to register potential growth in the next few years, and witness significant CAGR over the forecast period (2019 - 2027).
Quaternary Ammonium Compounds Market Size, Share
Till 2027
The global quaternary ammonium compounds market size is likely to register
potential growth in the next few years, and witness significant CAGR over the
forecast period (2019 - 2027).
Market Overview
Quaternary ammonium compounds (QACs) are antimicrobial compounds and
have a wide application as disinfectants. The QACs, also known as quats, are
colourless (often yellowish), water (and alcohol) soluble compounds with
de-odorant, and non-irritant properties. Byproducts of QACs have primary
application in hospitals for disinfecting medical equipment, sanitizing walls,
floors, and furniture, and as bactericidal foot powders. These molecules can be
used independently as disinfectants, or in combination with other cleaning
products. Properties such as compatibility with cleaner formulations, stable and
good toxicology, and lack of odor make QACs ideal for application as a
disinfectant combined with cleaner products.
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Market Outlook
Rising disposable income and rapid expansion of end use industries such as
food processing, wastewater treatment, and agricultural chemicals in emerging
economies such as India and China, is expected to favour growth of the
quaternary ammonium compounds market in Asia Pacific. Asia Pacific is
projected to be the fastest growing market over the forecast period. North
America will closely follow Asia Pacific as the second largest market for
quaternary ammonium compounds, owing to rising demand from industries
such as wastewater treatment, food processing, and agricultural chemicals in the
region. Europe is also expected to contribute to the market share in the next few
years, in addition to other regions such as Middle East, South America, and
Africa.
Key Players
The global quaternary ammonium compounds market is expected to witness
significant developments owing to the presence of some prominent players in
the market, that include Spartan Chemical Company, Dishman Group, Sachem
Inc., and Thor Group Limited among others.
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pallavi.reddy
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