Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 26.95 Million | USD 30.59 Million | 1.42% | 2023 |
FrequentlyAsked Questions
Benzalkonium chloride (BAC) is a quaternary ammonium compound that is extensively employed as a preservative, disinfectant, and antiseptic. It is effective against bacteria, fungi, and certain viruses due to its antimicrobial properties.
The pandemic has substantially increased the demand for disinfectants and sanitizers, which are frequently used, as a result of the global emphasis on hygiene. Benzalkonium chloride is a common ingredient in these products.
According to Zion Market Research, the global Benzalkonium Chloride Market was worth USD 26.95 Million in 2023. The market is forecast to reach USD 30.59 Million by 2032.
According to Zion Market Research, the global Benzalkonium Chloride Market a compound annual growth rate (CAGR) of 1.42% during the forecast period 2024-2032.
Based on the region, the Benzalkonium chloride market can be divided into five main regions: Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. Rise in the product sales in Canada and the U.S. coupled with renovation activities witnessed across oil refineries in Mexico will proliferate the growth rate of Benzalkonium chloride market in North America.
Novo Nordisk, Dishman Group, Jinshan Jingwei Chemical, and Merck
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