Benzalkonium Chloride Market Analysis

Benzalkonium Chloride Market Analysis

Global biocide application segment surpassed USD 520 million in 2020 and should witness significant gains in the forecasted time span. The product formulations are used as effluent in water treatments and algaecides for swimming pools. The product application eliminates the need for use of antibiotics in aquaculture and offers improved hygiene which is likely to boost the benzalkonium chloride market demand.
 

The product has application as disinfectant and is highly effective against moss, fungi, mould, algae and mildew owing to its application in cleaning and preparation of surfaces including path, greenhouses, roofing, wood decking and sheds which should foster the benzalkonium chloride market growth in the projected timespan.
 

Applications such as fish parasite removal, water treatment, general site disinfection should boost product demand in the projected timespan. Diverse applications of the product in chemical industry as precipitant should accelerate growth of benzalkonium chloride market in the years to come. Benzalkonium chloride has applications in eye drop preservation and is used in ophthalmic solutions which should stimulate the product demand for preservation application. Rising government regulation for wastewater treatment across the globe along with rising investments in water treatment facility is expected to raise product market growth in the forecasted timespan.
 

Cosmetics applications should surpass USD 190 million by 2027. The product is widely used in finished cosmetics products owing to its ability to inhibit reproduction and growth of micro-organisms which is expected to raise the benzalkonium chloride market share from cosmetic manufacturers. Formulation of shampoos, skin cleansers, personal cleanliness products, eye makeup preparations and skin care products involve the use of the product.
 

The product is expected to witness demand from cosmetic industry owing to its application as surfactant which reduces the surface tension of the cosmetics and provides even distribution of the product when applied. Furthermore, the product reduces and masks unpleasant body odour which should raise the product demand from cosmetic and personal care products and stimulate benzalkonium chloride market growth in the projected time span.
 

Soaps are manufactured by usage of the product owing to its ability to boost foam formation which enhances the mixing application of water with oil which should stimulate product demand for personal care application. Rising demand for the product from skin sanitizers and sanitary baby wipes is likely to boost market growth. Growing consumer inclination towards personal grooming along with development of wide range of cosmetic products is expected to boost the benzalkonium chloride market sales in the projected period.
 

North America should register gains of over 8.7% to reach over USD 325 million by the end of 2027. The region is witnessing rising government regulatory standards for industrial waste-water treatment. Large volume of wastewater is generated from oil and gas industry which represents an opportunity for product demand in the region. Rising government regulation on wastewater generated from the electronics industry is expected to raise the benzalkonium chloride market revenue in the region.
 

Growing pharmaceutical industry is expected to raise product demand in the region. The product is used as antimicrobial preservative in pharmaceutical products which should augment regional product market growth. The product is used in food and beverage industry owing to its microbicidal offerings used to cleanse food storage tanks which should raise product demand from food and beverage industry in the region. Rising food and beverage industry owing to food safety, security and supply is likely to drive market growth in the region.