Triclosan Market Size, Trends and Insights By Grade (Industrial Grade, Pharmaceutical Grade), By End-use Industry (Personal Care and Cosmetics, Healthcare, Agriculture, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- BASF SE
- Cyaman Chemical
- DEV IMPEX
- Jiangsu Huanxin High-tech Materials Co. Ltd
- Kumar Organic Products Limited
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Triclosan Market size was estimated at USD 68.5 million in 2021 and is expected to reach USD 73.34 million in 2022 and is expected to hit around USD 112.1 million by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030.
Triclosan is a chlorinated aromatic compound and an antibacterial, antifungal, disinfectant, and persevering agent which is added to consumer products intended to halt bacterial and fungal contaminations. Triclosan carries significant benefits over other antibacterial chemicals, owing to which it has been extensively used in various end-use industries, including medical, textile, pharmaceutical, cosmetics, paint and coatings, agriculture, and others.
The global triclosan market is evolving, and companies are now focusing more on strengthening and consolidating R&D activities; thereby increasing the production capacity of triclosan thus, driving the market growth by catering to the need for triclosan in various end-use industries.
Growth Factors.
The cosmetics and personal care sector is one of the emerging sectors across the globe where triclosan is extensively used to formulate various skincare and body care products such as soap, lotions, face creams, gels, and moisturizers as an antibacterial, antifungal, and preservative agent. Therefore, the growing demand from the cosmetics and personal care industry has increased the potential sales of triclosan in the market.
A rise in urbanization drives the growth of the triclosan market, an increase in disposable income, the adoption of western culture, and an increase in fashion consciousness among people have surged the demand for the textile industry. Triclosan is gaining popularity in the textile sector due to its antibacterial property. It is applied on cotton fabrics as a finishing and antibacterial agent, which helps increase the shelf life and quality of various materials and cotton. This is projected to propel the growth of the triclosan market in the textile industry.
Moreover, factors such as the global population rise, rising infrastructure activity, increasing urbanization, industrialization, and others propelling the construction sector where triclosan is used as a coating, preservative, and protecting layer. The triclosan market has witnessed significant growth owing to the construction industry’s increased demand for paint and coating. These factors together are projected to create remunerative opportunities for the expansion of the triclosan market.
Triclosan market segmentation.
- Triclosan Market, segmented by Grade
Depending upon the grade, is segmented into industrial and pharmaceutical phases.
The industrial grade segment dominated the market in 2021 and is expected to grow over the forecast period. Industrial grade comprises various products and equipment used for industrial applications where triclosan is incorporated into items such as conveyor belts to prevent microbial growth while carrying material and goods. This is anticipated to increase the demand for triclosan in the industrial sector.
Furthermore, the pharmaceutical gradetriclosan segment is expected to show a significant growth rate during the forecast period. An antibacterial and antifungal agent, it is used on surgical hand scrubs, hand wipes, gels, and pharmaceutical products such as lotions, ointments, and antiseptics gel, among others. This is anticipated to enhance the demand for triclosan in the pharmaceutical industry, thus, creating remunerative opportunities for the market.
- Triclosan Market, segment based on Application
Based on Application, the global triclosan market is studied across personal care and cosmetics, healthcare, agriculture, and others. It is expected that the global cosmetics industry segment to hold a dominant position during 2022 -2031.
The triclosan containing cosmetics products such as lotions, creams, foundations, and many others are being used widely by the consumer due to their antibacterial and antifungal properties. Therefore, the demand for triclosan will grow in the cosmetics industry during the forecast period.
Furthermore, the healthcare segment is expected to create the most lucrative end-use industry for the triclosan market. The factors such as the growing population across the globe, rise in the number of diseases, and government initiation & investment in the healthcare industry are significantly booming the overall growth of triclosan, which is used as an antibacterial, antifungal, and disinfectant agent.
Other segments such as agriculture, machinery, and textile show positive growth during the forecast period due to the growing demand for triclosan as a pesticide, coating material in automotive, and formulation of vaccines in the healthcare industry has surged the overall demand for triclosan market.
Furthermore, the rise in the population increased fashion consciousness among people, and the adoption of western culture has spurred the textile industry. For instance, according to an article published by India Brand Equity Foundation in the year March 2022, the Indian textiles market is expected to be worth more than US$ 209 billion by 2029 when triclosan is applied on cotton fabrics as an antibacterial agent, protective and coating material for leather, various types of fabrics, yarn, and others. It also helps maintain the fabric’s quality and increases the clothes’ durability. This is projected to enhance the demand for triclosan in the textile industry.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 68.5 Million |
| Projected Market Size in 2030 | USD 112.1 Million |
| CAGR Growth Rate | 5.8% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | BASF SE, Cayman Chemical, DEV IMPEX, Jiangsu Huanxin High-tech Materials Co. Ltd, Kumar Organic Products Limited, Merck KGaA, R. A. DYESTUFFS (INDIA) P. LIMITED, Salicylates and Chemicals Pvt. Ltd., Shandong Aoyou Biological Technology Co. Ltd, Spectrum Chemical, Shandong Aoyou, Xian MEHECO, Xiangyun Group, Yichang Yongnuo, Vivimed Labs, and Others |
| Key Segment | By Grade, End-use Industry, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Regional Insights
Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific is the dominant region in the triclosan market. This region is also anticipated to maintain its dominance throughout the forecast period. Countries such as China, Japan, India, and others have significantly contributed to the region’s triclosan market growth. Critical factors for developing pharmaceutical, cosmetics, and personal care products, the medical sector, agriculture, and other end-use industries have surged the demand for triclosan.
Furthermore, the pharmaceutical sector is one of the booming sectors in India. For instance, according to a report published by NITI Aayog in March 2021, India’s healthcare industry has been growing at a Compound Annual Growth Rate (CAGR) of around 22% since 2016. This rate is expected to reach USD 372 billion in 2022. These factors together increase the usage of triclosan in the growing healthcare industry as an antibacterial, disinfectant, and preservative in various healthcare products.
Moreover, China has a dynamic market for the agriculture sector owing to a rise in the population, a growing agriculture sector, a rise in import and export trade, and increased demand for food enhanced where triclosan is predominately employed as a pesticide on the crops.
This is augmented to enhance the demand for triclosan in agricultural applications. In addition, countries such as Japan and Taiwan are constantly engaged in expanding their electrical & automation manufacturing output, where triclosan is widely employed as a protecting material in various electrical & electronic products. For instance, according to a report published by Hennessy Funds, Japan accounts for around 30% market for supplying factory automation products in the world. These factors are escalating the demand for triclosan in the Asia-Pacific region.
The Europe region has shown considerable growth due to the strong presence of the cosmetics industry, where triclosan is used in the formulation of various skin care products as it is an excellent source of antibacterial, antifungal, and disinfectant agents, and it helps in maintaining the shelf life of skin care products by reducing the growth of microorganism.
Key Players
- BASF SE
- Cyaman Chemical
- DEV IMPEX
- Jiangsu Huanxin High-tech Materials Co. Ltd
- Kumar Organic Products Limited
- Merck KGaA
- A. DYESTUFFS (INDIA) P. LIMITED
- Salicylates and Chemicals Pvt. Ltd.
- Shandong Aoyou Biological Technology Co. Ltd
- Spectrum Chemical
- Shandong Aoyou
- Xian MEHECO
- Xiangyun Group
- Yichang Yongnuo
- Vivimed Labs
COVID-19 Analysis
The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused considerable losses to lives and the economy around the globe.
The triclosan market has had little impact due to the wake of the COVID-19 pandemic; owing to the rise in cases of COVID-19, implementation of emergency protocols and shutdown of various operations and facilities have been observed during 2020.
Due to the spread of the coronavirus pandemic, the manufacturer has faced challenges in terms of operation and supply chain due to government restrictions during the lockdown.
However, the triclosan market faced several difficulties with material supply chain disruptions, and labor shortages, in 2020.
Furthermore, to control the surge of novel coronavirus cases, there is a drastic shift of investments from other sectors toward the cosmetics sector. Also, severaltriclosan based product manufacturing companies have shut down or shrunk their operations due to the risk of infection among the workforce.
This has temporarily hampered the demand and supply chain of the triclosan market. In addition, the falling income of customers has led contraction in demand for glasses, refractory materials, and others during the COVID-19 period.
In the first quarter of 2021, the market for triclosan experienced an increase in the demand for triclosan chemicals in the pharmaceutical, healthcare, and other end-use industry worldwide, compared to 2020.
Segments covered in the report
By Grade
- Industrial Grade
- Pharmaceutical Grade
By End-use Industry
- Personal Care and Cosmetics
- Healthcare
- Agriculture
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Triclosan Market, (2022 – 2030) (USD Million)
- 2.2 Global Triclosan Market : snapshot
- Chapter 3. Global Triclosan Market – Industry Analysis
- 3.1 Triclosan Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Use Of Triclosan In The Cosmetics And Pharmaceutical Sectors
- 3.2.2 Demand From The Cosmetics And Personal Care Industry
- 3.2.3 A Rise In Urbanization Drives
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Grade
- 3.7.2 Market attractiveness analysis By End-use Industry
- Chapter 4. Global Triclosan Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Triclosan Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Triclosan Market – Grade Analysis
- 5.1 Global Triclosan Market overview: By Grade
- 5.1.1 Global Triclosan Market share, By Grade, 2021 and 2030
- 5.2 Industrial Grade
- 5.2.1 Global Triclosan Market by Industrial Grade, 2022 – 2030 (USD Million)
- 5.3 Pharmaceutical Grade
- 5.3.1 Global Triclosan Market by Pharmaceutical Grade, 2022 – 2030 (USD Million)
- 5.1 Global Triclosan Market overview: By Grade
- Chapter 6. Global Triclosan Market – End-use Industry Analysis
- 6.1 Global Triclosan Market overview: By End-use Industry
- 6.1.1 Global Triclosan Market share, By End-use Industry, 2021 and 2030
- 6.2 Personal Care and Cosmetics
- 6.2.1 Global Triclosan Market by Personal Care and Cosmetics, 2022 – 2030 (USD Million)
- 6.3 Healthcare
- 6.3.1 Global Triclosan Market by Healthcare, 2022 – 2030 (USD Million)
- 6.4 Agriculture
- 6.4.1 Global Triclosan Market by Agriculture, 2022 – 2030 (USD Million)
- 6.1 Global Triclosan Market overview: By End-use Industry
- Chapter 7. Triclosan Market – Regional Analysis
- 7.1 Global Triclosan Market Regional Overview
- 7.2 Global Triclosan Market Share, by Region, 2021 & 2030 (USD Million)
- 7.3. North America
- 7.3.1 North America Triclosan Market, 2022 – 2030 (USD Million)
- 7.3.1.1 North America Triclosan Market, by Country, 2022 – 2030 (USD Million)
- 7.3.1 North America Triclosan Market, 2022 – 2030 (USD Million)
- 7.4 North America Triclosan Market, by Grade, 2022 – 2030
- 7.4.1 North America Triclosan Market, by Grade, 2022 – 2030 (USD Million)
- 7.5 North America Triclosan Market, by End-use Industry, 2022 – 2030
- 7.5.1 North America Triclosan Market, by End-use Industry, 2022 – 2030 (USD Million)
- 7.6. Europe
- 7.6.1 Europe Triclosan Market, 2022 – 2030 (USD Million)
- 7.6.1.1 Europe Triclosan Market, by Country, 2022 – 2030 (USD Million)
- 7.6.1 Europe Triclosan Market, 2022 – 2030 (USD Million)
- 7.7 Europe Triclosan Market, by Grade, 2022 – 2030
- 7.7.1 Europe Triclosan Market, by Grade, 2022 – 2030 (USD Million)
- 7.8 Europe Triclosan Market, by End-use Industry, 2022 – 2030
- 7.8.1 Europe Triclosan Market, by End-use Industry, 2022 – 2030 (USD Million)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Triclosan Market, 2022 – 2030 (USD Million)
- 7.9.1.1 Asia Pacific Triclosan Market, by Country, 2022 – 2030 (USD Million)
- 7.9.1 Asia Pacific Triclosan Market, 2022 – 2030 (USD Million)
- 7.10 Asia Pacific Triclosan Market, by Grade, 2022 – 2030
- 7.10.1 Asia Pacific Triclosan Market, by Grade, 2022 – 2030 (USD Million)
- 7.11 Asia Pacific Triclosan Market, by End-use Industry, 2022 – 2030
- 7.11.1 Asia Pacific Triclosan Market, by End-use Industry, 2022 – 2030 (USD Million)
- 7.12. Latin America
- 7.12.1 Latin America Triclosan Market, 2022 – 2030 (USD Million)
- 7.12.1.1 Latin America Triclosan Market, by Country, 2022 – 2030 (USD Million)
- 7.12.1 Latin America Triclosan Market, 2022 – 2030 (USD Million)
- 7.13 Latin America Triclosan Market, by Grade, 2022 – 2030
- 7.13.1 Latin America Triclosan Market, by Grade, 2022 – 2030 (USD Million)
- 7.14 Latin America Triclosan Market, by End-use Industry, 2022 – 2030
- 7.14.1 Latin America Triclosan Market, by End-use Industry, 2022 – 2030 (USD Million)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Triclosan Market, 2022 – 2030 (USD Million)
- 7.15.1.1 The Middle-East and Africa Triclosan Market, by Country, 2022 – 2030 (USD Million)
- 7.15.1 The Middle-East and Africa Triclosan Market, 2022 – 2030 (USD Million)
- 7.16 The Middle-East and Africa Triclosan Market, by Grade, 2022 – 2030
- 7.16.1 The Middle-East and Africa Triclosan Market, by Grade, 2022 – 2030 (USD Million)
- 7.17 The Middle-East and Africa Triclosan Market, by End-use Industry, 2022 – 2030
- 7.17.1 The Middle-East and Africa Triclosan Market, by End-use Industry, 2022 – 2030 (USD Million)
- Chapter 8. Company Profiles
- 8.1 BASF SE
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Cayman Chemical
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 DEV IMPEX
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Jiangsu Huanxin High-Tech Materials Co. Ltd
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Kumar Organic Products Limited
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Merck Kgaa
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 R. A. DYESTUFFS (INDIA) P. LIMITED
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Salicylates And Chemicals Pvt. Ltd.
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Shandong Aoyou Biological Technology Co. Ltd
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Spectrum Chemical
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Shandong Aoyou
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Xian MEHECO
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Xiangyun Group
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Yichang Yongnuo
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Vivimed Labs
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 BASF SE
List Of Figures
Figures No 1 to 19
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
|
|
Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
|
Key Players
- BASF SE
- Cyaman Chemical
- DEV IMPEX
- Jiangsu Huanxin High-tech Materials Co. Ltd
- Kumar Organic Products Limited
- Merck KGaA
- A. DYESTUFFS (INDIA) P. LIMITED
- Salicylates and Chemicals Pvt. Ltd.
- Shandong Aoyou Biological Technology Co. Ltd
- Spectrum Chemical
- Shandong Aoyou
- Xian MEHECO
- Xiangyun Group
- Yichang Yongnuo
- Vivimed Labs
- Others
FAQs
“Asia-Pacific” region will lead the global Triclosan market during the forecast period 2022 to 2030.
The key factors driving the market Use Of Triclosan In The Cosmetics And Pharmaceutical Sectors, Demand From The Cosmetics And Personal Care Industry, A Rise In Urbanization Drives
The key players operating in the Triclosan market are BASF SE, Cyaman Chemical, DEV IMPEX, Jiangsu Huanxin High-tech Materials Co. Ltd, Kumar Organic Products Limited, Merck KGaA, R. A. DYESTUFFS (INDIA) P. LIMITED, Salicylates and Chemicals Pvt. Ltd., Shandong Aoyou Biological Technology Co. Ltd, Spectrum Chemical, Shandong Aoyou, Xian MEHECO, Xiangyun Group, Yichang Yongnuo, Vivimed Labs.
The global Triclosan market is expanding growth with a CAGR of approximately 5.8% during the forecast period (2022 to 2030).
The global Triclosan market size was valued at USD 68.5 Million in 2021 and it is projected to reach around USD 112.1 Million by 2030.