Quaternary Ammonium Compounds Market: Introduction
Quaternary ammonium compounds are also known as quats or QACs. They belong to the family of antimicrobial compounds that are considered potent in disinfectant activity and cationic actives, as quaternary ammonium compounds actively eliminate gram positive and gram negative bacteria. They are solids that are dissolved in liquid solutions that do not evaporate. Quaternary ammonium compounds are colourless & non-irritating deodorants as well as cationic disinfectants. They are disinfectants used alone or added to cleaning products and can be binded with or absorbed by fibres & materials.
Quaternary Ammonium Compounds Market: Dynamics
Quaternary ammonium compounds market participants are expanding their presence in Europe to boost their market share. For instance, in 2017, Novo Nordisk Pharmatech signed an agreement with Azelis to start the distribution of quaternary ammonium compounds in Spain, Germany, Portugal, Ireland and U.K.
The Asia Pacific region is expected to witness significant growth in the demand for quaternary ammonium compounds during the forecast period, which can attributed to the rising disposable income of individuals in China, India, etc., which is leading to an increase in the sale of personal care products. The above-mentioned factors are fuelling the demand of quaternary ammonium compounds and thereby contributing to the growth of the global market.
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Quaternary ammonium compounds acts as disinfectants, fabric softeners, surfactants, wood preservation and antistatic agents, among others. Thus, the various application of these compounds is expected to boost their global demand during the forecast period.
Quaternary ammonium compounds are used in personal care products, as conditioning agents during the production of cloth, skin and hair softeners and as disinfectants in food industry, among others. They are also used in toilet cleaners, shampoos, shaving creams, hand soaps, body washes and anti-cling dryer sheets, among others. Thus, quaternary ammonium compounds have numerous applications, which is boosting their demand across the globe.
However, multiple health risks are associated with quaternary ammonium compounds, such as fertility issues, birth defects, allergies, irritation, etc. In addition, the prices of raw materials are fluctuating. The above-mentioned factors are expected to act as obstacles in the growth of the global of quaternary ammonium compounds market during the forecast period.
Quaternary Ammonium Compounds Market: Segmentation
By application, the quaternary ammonium compounds market can be segmented as:
• Air Products and Chemicals, Inc.
• DuPont
• Huntsman International LLC
• BASF SE
• Clariant AG
• Henkel AG & Co. KGaA
• Evonik Industries AG
• Croda International Plc
• KAO Corporation
• Merck KGaA
• Novo Nordisk Pharmatech A/S
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