The Triclosan Market is Predict to reach USD 106.5 Million by 2030, at a CAGR of 4.5%

09-Apr-2024 | Report Format: Electronic (PDF)

Triclosan Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Triclosan Market size is expected to reach $106.5 Million by 2030, rising at a market growth of 4.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 5,077.1 Tonnes, experiencing a growth of 3.7% (2019-2022).

As consumers become increasingly mindful of synthetic chemicals’ environmental and health impacts, there is a growing trend toward seeking natural and sustainable alternatives to triclosan. This trend has been fueled by concerns over the potential adverse effects of triclosan on aquatic ecosystems and emerging evidence of its role in antimicrobial resistance. Manufacturers are responding to this trend by exploring plant-based and biodegradable antimicrobial compounds as alternatives to triclosan.

Triclosan Market Size - By Region

Triclosan-treated textiles offer prolonged protection against microbial contamination, making them particularly suitable for applications where cleanliness is paramount. Growing consumer demand for eco-friendly products and corporate responsibility initiatives have made sustainability a major area of attention for producers in the triclosan market. Companies increasingly adopt sustainable manufacturing practices, such as green chemistry principles and renewable energy sources, to reduce their environmental footprint.

There is a growing trend toward utilizing biobased feedstocks and biocatalytic processes to produce triclosan and other antimicrobial compounds. Biotechnology innovations enable the synthesis of triclosan from renewable resources, minimizing reliance on fossil fuels and environmental impact throughout the product lifecycle. Nanotechnology has enabled the development of novel delivery systems for triclosan, such as nanoemulsions and nanocapsules, which enhance its stability, bioavailability, and targeted delivery.

The Industrial segment is generating highest revenue in the Global Triclosan Market, By Type in 2022; thereby, achieving a market value of $70.4 Million by 2030. Triclosan is added to plastics and polymers during manufacturing to create antimicrobial surfaces and materials. Industrial grade triclosan formulations produce plastic products such as cutting boards, food storage containers, and medical devices. These antimicrobial plastics help prevent microbial contamination and maintain product integrity in various industrial settings. Triclosan is utilized in industrial water treatment processes to control microbial growth and prevent biofilm formation in water systems.

The Healthcare segment is experiencing a CAGR of 5% during (2023 - 2030). Triclosan is applied as a coating on medical devices, implants, and prosthetics to prevent microbial colonization and reduce the risk of device-related infections. In healthcare settings, triclosan-coated devices are used in surgeries, catheterizations, and other medical procedures to minimize the transmission of pathogens and improve patient outcomes. The increasing adoption of triclosan-coated medical devices drives market growth in the healthcare segment. Triclosan is used in veterinary medicine for wound care, infection control, and animal oral health management.

Full Report: https://www.kbvresearch.com/triclosan-market/

The Asia Pacific region dominated the Global Triclosan Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $44.3 Million by 2030. The Europe region is anticipated to grow at a CAGR of 4.1% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 4.3% during (2023 - 2030).

List of Key Companies Profiled

  • BASF SE
  • Cayman Chemical Company, Inc.
  • Merck KGaA
  • Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
  • Jiangsu Huanxin High-tech Materials Co., Ltd.
  • R A Dyestuffs India Private Limited
  • Kumar Organic Products Limited
  • Dev Impex
  • Salicylates and Chemicals Private Limited
  • Shandong Aoyou Biological Technology Co. Ltd

Triclosan Market Report Segmentation

By Type (Volume, Tonnes, USD Billion, 2019-2030)

  • Industrial
  • Pharmaceutical

By Application (Volume, Tonnes, USD Billion, 2019-2030)

  • Personal Care & Cosmetics
  • Healthcare
  • Others

By Geography (Volume, Tonnes, USD Billion, 2019-2030)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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