Forecasted Growth in Benzalkonium Bromide Sales Driven by Increasing Hygiene Awareness

Benzalkonium Bromide Market Outlook
Benzalkonium Bromide Market Outlook

 

Benzalkonium bromide, or BAC, is a quaternary ammonium compound with excellent antimicrobial properties. It is extensively used as a preservative, disinfectant, and surfactant in pharmaceuticals, cosmetics, agriculture, and personal care products.

By 2033, the market for benzalkonium bromide is anticipated to have grown from USD 883.6 million in 2023 to USD 1,943.3 million. Throughout the forecast period, sales of benzalkonium bromide are anticipated to grow at a noteworthy rate of 8.2%. The market for benzalkonium bromide is expanding significantly as a result of its numerous applications across numerous industries.

The growing demand for these applications across the globe is driving the market for benzalkonium bromide. Rising awareness regarding hygiene and the need for effective antimicrobial solutions in healthcare settings further contribute to market growth. Additionally, the increasing use of benzalkonium bromide in producing sanitizers and disinfectants, especially during the COVID-19 pandemic, has propelled its demand.

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With ongoing research and development activities to enhance its efficacy and expand its applications, the benzalkonium bromide market is poised for continued growth in the coming years.

The United States holds a commanding market share in the benzalkonium bromide market, with an expected share of 15.1% in 2022. The country’s well-established healthcare industry, emphasis on hygiene and infection control, and demand for effective sanitizing solutions contribute to its emergence as an opportunistic market.

On the other hand, Germany is expected to reach a share of 8.0% in 2022, driven by its well-developed pharmaceutical and healthcare industries and strict hygiene and infection control regulations.

In the Asia Pacific region, China stands out with an expected growth rate of 7.5% CAGR. China’s strong manufacturing capabilities, growing pharmaceutical and healthcare sectors, and government initiatives to improve healthcare infrastructure and promote hygiene practices contribute to its prominence in the market.

The industrial grade of benzalkonium bromide is projected to register a value share of 17.4% in 2022. Its wide use in various industrial applications, including water treatment, oil and gas, agriculture, and manufacturing, drives its demand.

The cosmetic industry also plays a significant role, with the coatings industry acquiring a 45.3% share in 2022. Benzalkonium bromide’s effectiveness as a preservative and antimicrobial agent in cosmetics, ensuring product safety and shelf life, makes it a preferred choice for various cosmetic formulations. The increasing demand for cosmetics and personal care products, along with the emphasis on product safety and hygiene, drives its usage in the cosmetic industry.

Recent Developments

Mankind Pharma, an Indian pharmaceutical company, announced a toilet seat sanitizer splash under its current name Safekind. The shower is mostly for women and allows for easy use of unsanitary toilets, particularly when using public restrooms.

Novo Nordisk Pharmatech A/S teamed with DKSH’s Business Unit Performance Materials in 2019 to distribute its quats, which include Benzalkonium Chloride (BKC), Cetrimonium Bromide (CTAB), Cetrimide, and Strong Cetrimide. The chemical distributor planned to distribute these quats to a broad client base in Australia, New Zealand, Japan, Indonesia, South Korea, Thailand, Malaysia, the Philippines, China, Taiwan, and Singapore.

Key Companies Profiled

  • Dishman Carbogen Amcis Limited
  • Henan Kangxing, Taicang Pharmaceutical Factory
  • Luoyang Tianmeng
  • Merck KgA
  • MR Pharma Inc.
  • KLK OLEO
  • PROFARMA-PRODUKT, s.r.o.
  • TCI Ltd.

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Benzalkonium Bromide Market

By Grade:

  • Pharma Grade
  • Industrial Grade

By Function:

  • Preservative
  • Cationic Surfactant
  • Cosmetic
  • Other

By Application:

  • Personal care
  • Fabric care
  • Pharmaceuticals
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa (MEA)

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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