Middle East & Africa Quaternary Ammonium Compounds Market Size & Outlook
Middle East & Africa quaternary ammonium compounds market, 2018-2030 (US$M)
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MEA quaternary ammonium compounds market highlights
- The MEA quaternary ammonium compounds market generated a revenue of USD 218.8 million in 2022.
- The market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, didecyldimethylammonium chloride was the largest revenue generating product in 2022.
- Benzalkonium Chloride is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 218.8 million |
| Market revenue in 2030 | USD 344.1 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Didecyldimethylammonium chloride |
| Fastest growing segment | Benzalkonium Chloride |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alkyl Trimethyl Ammonium Chloride, Benzalkonium Chloride, Didecyldimethylammonium chloride, Other Products |
| Key market players worldwide | Arkema SA, Basf SE, DuPont de Nemours Inc, Evonik Industries AG, Ashland Inc, Novo Nordisk A/S ADR, Global Amines Company |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.1% of the global quaternary ammonium compounds market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 876.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Quaternary Ammonium Compounds Market Scope
Quaternary Ammonium Compounds Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa quaternary ammonium compounds market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to quaternary ammonium compounds market will help companies and investors design strategic landscapes.
Didecyldimethylammonium chloride was the largest segment with a revenue share of 56.99% in 2022. Horizon Databook has segmented the Middle East & Africa quaternary ammonium compounds market based on alkyl trimethyl ammonium chloride, benzalkonium chloride, didecyldimethylammonium chloride, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for QACs in the Middle East and Africa region has steadily increased due to wide range of applications of these compounds in various end-use industries such as healthcare, water treatment, food processing, and agriculture. In recent years, there has been a rise in the demand for QACs in the region due to the COVID-19 pandemic.
South Africa witnessed increased demand for QACs in the region. In 2020, as part of its efforts to combat the COVID-19 pandemic, the South African government announced a national disinfection program. The program was aimed at disinfecting public spaces and facilities across the country, including schools, clinics, and hospitals.
To facilitate the program, the government required large quantities of disinfectants, including QACs, for the disinfection process. As a result, there was a significant increase in demand for QACs in South Africa, with manufacturers ramping up production to meet the requirements of the government program.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa quaternary ammonium compounds market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa quaternary ammonium compounds market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA quaternary ammonium compounds market size, by country, 2018-2030 (US$M)
Middle East & Africa Quaternary Ammonium Compounds Market Outlook Share, 2022 & 2030 (US$M)
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