Global Triclosan Market 2025 – 2034

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

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