Benzalkonium Chloride Market Size

Benzalkonium Chloride Market Size

Global benzalkonium chloride market size exceeded USD 710 million in 2020 and is estimated to grow at a CAGR of 8.7% between 2021 and 2027 owing to growing applications of the product in various industries including chemical, cosmetics, pulp and paper industry.

Benzalkonium chloride is an organic salt that is used as a cationic surfactant. The product is water soluble and appears as yellowish white powder which has soapy touch and has faint almond odor. The product forms froth when it is shaken and is available in powder and liquid form. It finds applications in different end use industries including polymer & coatings, food & beverage and pharmaceutical industry.

The benzalkonium chloride with 50% concentration is an aqueous solution of quaternary ammonium compound and is used as an efficient germicide against micro-organisms such as algae, fungi and bacteria owing to its application in chemical industry. 50% concentrated type of the product has wide application in pharmaceutical industry owing to its application as excipient due to preserving properties and as active ingredient due to its anti-microbial properties.
 

Rising product demand for manufacturing pharmaceutical formulations owing to the rapid transmission of infectious diseases such as COVID-19 should bolster the market growth. 80% concentrated type of the product has application in water treatment chemical and surface disinfectants and is likely to the benzalkonium chloride market growth in the forecasted time period.