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The global benzalkonium chloride market is projected to be worth USD 1,301.1 million by 2030 , growing at a CAGR of 9.6%. This development can be credited to the fast growth of the medicinal and oil & gas industries, which is directing to a high-volume requirement for the compound. In recent years, the disinfectants category, based on application, held the largest market share, and the category is also projected to be dominant in the future as well. This can be credited to the growing occurrence of hospital-attained infections, coupled with the existence of severe guidelines concerning the utilization of surface sanitizers in diagnostic labs, research laboratories, hospitals biotechnology, and pharmaceutical labs. Moreover, the ongoing COVID-19 epidemic has further amplified the demand for the compound for the making of disinfectants. In the past few years, North America dominated the benzalkonium chloride market, mainly because of the growing chances for U.S. and Canadian oilfield...

As per a statement by P&S Intelligence, the sorbic acid market is projected to reach USD 521,126.7 thousand, advancing at a CAGR of 4.7%, by 2030 .   The growth is mainly credited to the existence of reputable pharmaceutical and food & beverages industries in Western countries, along with the increasing per capita consumption of food & beverages in Brazil, India, and China.   Based on form, the powdered category held the larger sorbic acid industry size, in recent years. This is due to the easier manufacturing method of the powdered compound when compared to the encapsulated form, as a result of this companies in the industry favor manufacturing sorbic acid in the powdered form.  Moreover, powdered sorbic acid can be added to any type of processed beverage or food, which is why it is adopted widely in the food & beverages industry. Based on application, the food & beverage category is expected to witness the fastest growth in the industry by ...