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Benzalkonium Chloride Market Share

Report ID: GMI3233
Published Date: Mar 2021
Report Format: PDF

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Benzalkonium Chloride Market Share

Benzalkonium chloride industry is consolidated and includes various market players such as:

Jinshan Jingwei Chemical
Novo Nordisk
Kao Chemicals
AVA Chemicals
Dishman Group
Merck Millipore

Companies are primarily engaged in strategic acquisitions to expand their existing product portfolio and distribution network.

In December 2020, Acme United Corporation acquired Med-Nap LLC, which is a manufacturer of antiseptic wipes made of alcohol, caustic ingredients and benzalkonium chloride and lens cleaning products. This strategic acquisition would enable the company to enhance its existing product portfolio of benzalkonium chloride products and further strengthen its position in the market.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market share for benzalkonium chloride was recorded at over USD 710 million in 2020 and will expand at 8.7% CAGR through 2027.

Biocide application segment recorded a revenue of over USD 520 million in 2020 and will grow with its rising usage of benzalkonium chloride as algaecides for swimming pools and effluent in water treatments.

The market revenue from cosmetic application will cross USD 190 million by 2027 owing to the ability of benzalkonium chloride to reproduce and grow micro-organism.

North America benzalkonium chloride industry will surpass USD 325 million through 2027 due increasing government regulations regarding industrial waste-water treatment.