The global Quats (Quaternary Ammonium Compounds) market is forecasted to grow at a rate of 6.8% from USD 963.7 Million in 2019 to USD 1.63 Billion in 2027. The growth in hospital-acquired infections, an increase in the geriatric population, growth in the prevalence of chronic disease, and the rise in the number of surgical procedures are fostering the demand for the Quats market.
Top Companies Operating in the Global Quats (Quaternary Ammonium Compounds) Market:
DuPont, Clariant AG, KAO Corporation, Merck KGaA, Huntsman, BASF SE, Croda, Xiamen Pioneer Technology, Evonik Industries AG, and Novo Nordisk Pharmatech A/S
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Quats (Quaternary Ammonium Compounds) market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Quats (Quaternary Ammonium Compounds) market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Quats (Quaternary Ammonium Compounds) market key players
3.2 Global Quats (Quaternary Ammonium Compounds) size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Quats (Quaternary Ammonium Compounds) market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Quats (Quaternary Ammonium Compounds) Market Segmentation
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
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
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