Benzalkonium Chloride Market 2021 growth latest application share recent trends and better investment opportunities by forecast to 2030
Benzalkonium Chloride Market The Global Benzalkonium Chloride Market is predicted to grow at an 8% CAGR over the forecast period (2020–2025), states the latest Market Research Future (MRFR) report. Benzalkonium chloride, simply put, is a form of cationic surfactant that is a pale-yellow gummy amber solid. It is widely used as a preservative in the pharmaceutical sector for various topical, nasal, oral, and ophthalmic drugs, creams, and ointments and in the formulation of bacterial sanitizers and disinfectants in the personal hygiene, home care, food and beverage, and healthcare sectors. Various factors are propelling the benzalkonium chloride market growth. Some of these factors, according to the Market Research Future report, include burgeoning demand in the oil and gas, food and beverage, and pharmaceuticals industry as a biocide, rising awareness about hygiene, a growing food and beverage industry, and an increasingly aging population. Additional factors pushing market growth inclu...