The global benzalkonium chloride market generated a revenue of $525.0
million in 2019, and it is predicted to progress at a CAGR of 9.6% between 2020
and 2030. Furthermore, the market will reach a value of $1,301.1
million by 2030, as per the estimates of P&S Intelligence, a market
research company based in India. The market is being driven by the booming oil
& gas and pharmaceutical sectors across the world.
The compound is heavily used in the pharmaceutical sector, due to its
ability to serve as a disinfecta...
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