The global triscolan market is projected to grow at a CAGR of 11%-13% during 2020-2025. The growth of triscolan market is driven by increase in usage of triclosan in cosmetics, personal care, and healthcare products, increase in use of triclosan in medical devices as coatings on the surface of catheters, and expansion in the paints industry.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the triscolan market by grade type (industrial grade, and pharmaceutical grade), application (personal care products, cosmetics, healthcare, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the triscolan market?
Q.4 What are some changing demands of customers in the triscolan market?
Q.5 What are the new developments in the triscolan market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this triscolan area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this triscolan market?
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Market Segmentation:
Based on grade type, the triscolan market is segmented into industrial grade, and pharmaceutical grade. The pharmaceutical grade segment is accounted for the largest share of the market in 2020 because of its antibacterial and antimicrobial chemical, has been used in pesticide.
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to the increase in demand for triclosan in end-use industries such as cosmetics and personal care, and rise in demand for high quality triclosan in the specific region.
Key Players in the Triscolan market are Cayman Chemical, Dev Impex, Salicylates & Chemicals Pvt. Ltd., Jiangsu Huanxin High-tech Materials Co. Ltd., Spectrum Chemical Manufacturing Corp., Shandong Aoyou, and Buntech.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Brandon Fitzgerald
Lucintel
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