Quats Market Will Estimated To Surpass USD 1.63 Billion By 2027 | Reports and Data

Ethylene Oxide Market
Ethylene Oxide Market

The global Quats 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.

Quaternary ammonium compounds act as fabric softeners, disinfectants, surfactants, antistatic agents, and wood preservation, among others. The various application of the product is expected to boost its demand in the coming period. Quaternary ammonium compounds are usually used in personal care products, as conditioning agents during the production of the skin, cloth, and hair softeners and also as disinfectants in the food industry.

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Top Key Companies 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

  • QACs reduce surface and interfacial tension by adsorbing to a surface or an interface such as hair and skin. The adsorption ability of QACs onto organic surfaces makes its usage extremely important in the personal care industry. Skincare products and hair conditioners contain mainly alkyl QACs, ethoxylated, and ester QACs in their formulations.
  • Quats are also applicable in shampoos, toilet cleaners, shaving creams, body washes, hand soaps, and anti-cling dryer sheets, among others.
  • Multiple health risks are associated with the market product, such as birth defects, fertility issues, irritation, allergies, which are hindering its growth. Moreover, the prices of raw materials are fluctuating. This also impacts the demand for the product.
  • 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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Type Outlook (Revenue, USD Billion; 2017-2027)

  • Industrial Grade
  • Pharmaceutical Grade

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Disinfectant
  • Fabric Softeners
  • Wood Preservative
  • Surfactants
  • Antistatic Agent
  • Others

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Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Quats Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Quats Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Quats Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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