QUATERNARY AMMONIUM COMPOUNDS MARKET ANALYSIS

Regional Analysis

Rising disposable income and rapid expansion of end use industries such as food processing, wastewater treatment, and agricultural chemicals in emerging economies such as India and China, is expected to favour growth of the quaternary ammonium compounds market in Asia Pacific. Asia Pacific is projected to be the fastest growing market over the forecast period. North America will closely follow Asia Pacific as the second largest market for quaternary ammonium compounds, owing to rising demand from industries such as wastewater treatment, food processing, and agricultural chemicals in the region. Europe is also expected to contribute to the market share in the next few years, in addition to other regions such as Middle East, South America, and Africa.