The Latin America, Middle East and Africa Triclosan Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 567.6 Tonnes, showcasing a growth of 5.9% (2023-2030).
The healthcare sector represents a crucial domain where this compound plays a significant role. This is utilized in various healthcare applications, particularly in the manufacturing of medical devices and hospital equipment coatings. Its antimicrobial properties make it valuable for ensuring the sterility and cleanliness of medical instruments, such as surgical tools and catheters, reducing the risk of infections during medical procedures. Therefore, the China Market utilized 28.7 Tonnes in the healthcare sector in 2022.
The Brazil market dominated the LAMEA Triclosan Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.1 Million by 2030. The Argentina market is showcasing a CAGR of 7.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.7% during (2023 - 2030).
Triclosan is an additive in plastics and polymers that make antimicrobial products such as cutting boards, food storage containers, and kitchen utensils. Antimicrobial plastics help inhibit bacterial growth on surfaces, reducing the risk of food contamination and spoilage. It finds applications in industrial and institutional settings for water treatment, mold control, and odour management.
Triclosan is incorporated into veterinary healthcare products such as wound dressings, shampoos, and oral care formulations for pets and livestock. It helps prevent infections, manage skin conditions, and promote animal hygiene, supporting animal health and welfare. It is used in food packaging materials such as films, coatings, and liners to inhibit the growth of bacteria and fungi, increasing the shelf life of packaged food products.
As per the International Trade Administration (ITA), the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
Free Valuable Insights: The Worldwide Triclosan Market is Projected to reach USD 106.5 Million by 2030, at a CAGR of 4.5%
Based on Type, the market is segmented into Industrial, and Pharmaceutical. Based on Application, the market is segmented into Personal Care & Cosmetics, Healthcare, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Tonnes, USD Billion, 2019-2030)
By Application (Volume, Tonnes, USD Billion, 2019-2030)
By Country (Volume, Tonnes, USD Billion, 2019-2030)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.