March 1, 2024
Global Quaternary Ammonium Compounds (QUATs) Market

Global Quaternary Ammonium Compounds (QUATs) Market

Global Quaternary Ammonium Compounds (QUATs) Market Size, Share, Analysis, Trends Future & Forecast 2028

MarkNtel Advisors has recently released an all-encompassing report on Global Quaternary Ammonium Compounds (QUATs) Market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.

Forecast 2028: Revealing Quaternary Ammonium Compounds (QUATs) Market Insights and Analysis

The Global Quaternary Ammonium Compounds (QUATs) Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: –

Key Drivers: Growing Concern of Individuals Towards Sanitation & Hygiene

In recent years the awareness among individuals towards sanitation and hygiene has increased considerably and the COVID-19 pandemic played a triggering role in making people more concerned about hygiene and sanitation. As per World Health Organization, in low and middle-income countries, nearly 8,29,000 individuals die each year due to poor hygiene practices. Further, worldwide, governments are also giving due attention to making these hygiene practices a part of daily life.

Quaternary Ammonium Compounds are chemical compounds used mainly as a component for the production of disinfectants, sanitizers, preservatives, etc., and with the increased demand for sanitizers and disinfectants across the globe, the need for QUATs is also rising. For instance, Bell International labs, a cosmetics & personal care company produced close to 4 million units of hand sanitizers the year before the pandemic, and in April 2020, the company produced close to 22 million units of hand sanitizers. This led to a rise in the demand as it is the main component for the production of sanitizers & disinfectants.

A Comprehensive Overview of Geographical Diversity:

the Global Quaternary Ammonium Compounds (QUATs) Market expands across:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Quaternary Ammonium Compounds (QUATs) Market Segmentation Outline:

  • By Application: (Disinfectant, Antibacterial Material, Surfactant & Emulsifier, Preservative, and Others (Active Ingredient in Mouth Wash, Fabric Softener, etc.))
  • By End Users: (Industrial, Pharmaceuticals)

Competitive Outlook

Kao Chemicals, Novo Nordisk Pharmatech, Chem Point, Sachem, Merck, Steris, EcoLab, Essential Industries, Neo San Labs, Simoniz USA Inc., Theochem Laboratories Inc., Delta Finochem, Dishman Carbogen Amcis, Thor Group Ltd, Canberra Corp, Others

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About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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