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Rise in Demand from Health Care Industry Expected to Drive World Triclosan Market over the Forecast Period: Ken Research
October 2019

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Global Triclosan Market: - Triclosan is an antibacterial & antifungal agent with a slightly aromatic odor. Its chemical formula is C12H7Cl3O2; it is white to off-white crystalline solid, which is easily solvable in dilute alkali solutions or sparingly soluble in water. Its functional group includes both phenols and ethers. It is an ingredient added to the customer products to reduce & prevent bacterial contamination. It is widely used in various products for instance detergents, soaps, body washes, toothpaste (prevent gingivitis), and cosmetics to prevent the growth of bacteria. It is also used in food storage containers, furniture, kitchen utensils, as a bactericide.

The key benefits are effective against bacteria as well as some protozoa and fungi, preservative, antiseptic, disinfectant in healthcare. Apart from benefits, few of the side-effects are an abnormal endocrine system or thyroid hormone signaling and weakening of the immune system, etc.

According to the study, “World Triclosan Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world triclosan market are BASF SE, Dev Impex, Kumar Organic Products Ltd., Suraj Impex, Salicylates and Chemical Pvt. Ltd., Jiangsu Huanxin High-tech Materials Co., Ltd., Equalchem, Vivimed Labs, Sino Lion, Jiangsu Yike Chemical Co., Ltd., R.A. Dyestuff (India) Pvt. Limited, Hunan Lijie, Shandong Aoyou, Xiangyun Group, Spectrum Chemical Manufacturing Corp., Xian MEHECO, Cayman Chemical, Yichang Yongnuo. Key manufacturers are focusing on shifting their production base in developing regions owing to the comparatively easy availability of labor, land and governmental subsidies.

Based on the grade type, the triclosan market is segmented into technical grade and commercial grade. Based on purity, the market is segmented into 98% purity, 99% purity, and >99% purity. In addition, based on end-use industries, the market is segmented into personal care products, healthcare, cosmetics, and others. Personal care products and cosmetics segments include medicinal soaps, face creams, disinfectant liquid soaps, shampoos, antibiotic perfumed soaps, washing powder, and dinnerware detergents.

The triclosan market is driven by rapid growth in the health care industry, followed by a rise in demand for paints & coatings from the construction industry, an increase in disposable income and a change in lifestyle. In addition, it is used as surface biocide in food contact materials and as a disinfectant in feed & food production. Thus, due to the widespread usage and consumption of triclosan is projected to rise over the near future. However, side effects associated with triclosan, rise in concern towards the environment, growth in the development of alternative products and an increase in government regulation may impact the market.

Based on geography, China country holds major share in the triclosan market owing to the rise in demand from end-use industries and growth in the population in the country. EU and the USA are expected to witness lucrative growth due to high demand from the health care industry over the forecast period. It is anticipated that the future of the market will be bright on account of the presence of a limited number of global as well as regional players during the forecast period. The worldwide market is projected to grow at a CAGR of approximately -12.4% over the next five years, will reach the US $38 million in 2024, from the US $84 million in 2019.

Global Triclosan Market: Product Segment Analysis

Industrial Grade

Pharmaceutical Grade

Global Triclosan Market: Application Segment Analysis

Cosmetics

Other Personal Care Products

Paints

Disinfection and medical

Other

Global Triclosan Market: Regional Segment Analysis

USA

Europe

Japan

China

India

Southeast Asia

The Players mentioned in our report

BASF

Kumar Organic

Dev Impex

Salicylates and Chemical

Suraj Impex

Equalchem

Sino Lion

Jiangsu Huanxin

Hunan Lijie

Vivimed Labs

Shandong Aoyou

Xian MEHECO

Xiangyun Group

Yichang Yongnuo

To Know More, Click On The Link Below:-

Global Triclosan Market Analysis

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249



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