Benzyl Trimethyl Ammonium Chloride or BTAC is a quaternary ammonium salt that appears as light yellow liquid or colorless crystals with a mild almond odor.
Benzyl trimethyl ammonium chloride can be produced by various routes such as by reacting benzyl chloride and trimethyl amine in absolute ethanol, a reaction of benzyl dimethyl amine and methyl chloride, with or without a solvent or by dissolving benzyl chloride in diethyl ether and adding 25% trimethyl amine in methanol.
Benzyl trimethyl ammonium chloride is used as phase transfer catalyst in various biphasic organic transitions used in the agrochemicals, polymer and pharmaceutical industries. Benzyl trimethyl ammonium chloride can also be used as a corrosion inhibitor in oilfields.
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Benzyl Trimethyl Ammonium Chloride Market: Dynamics
Benzyl Trimethyl Ammonium Chloride finds its application in oilfields as corrosion inhibitor, thus with increasing oilfield activities is projected to bolster the market in upcoming future. Moreover, increasing per capita income and increasing industrialization in developing countries creating need for increased oil and thereby boosting the market for benzyl trimethyl ammonium chloride.
Increasing demand from end user industries such as agrochemicals and pharmaceuticals is expected to push the demand of benzyl trimethyl ammonium chloride during the forecast period. Furthermore, with the growing world chemicals and its technology i.e. chemical process, exposure of nanotechnology in chemical industry is also expected to benefit the benzyl trimethyl ammonium chloride market.
However, due to the adverse effect of benzyl trimethyl ammonium Chloride, government from developed countries have taken some strict actions which limits the use of synthetic chemicals. Also, the trend of organic farming and demand of organic agricultural products, the use of agro-chemicals is expected to hamper thereby negatively impacting the benzyl trimethyl ammonium chloride market.
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Benzyl Trimethyl Ammonium Chloride Market: Covid-19 Impact Assessment
With the ongoing Covid-19 pandemic and acute lockdowns all over the globe, global economy and industrial activity has been affected to a considerable extent due to the disordering of the supply chain network and reduce demand.
The same has been observed to be true for the chemical sector, including benzyl trimethyl ammonium chloride, where decrease in the demand of oils & agro chemicals, intermediates has slowed the growth rate of benzyl trimethyl ammonium chloride; however increase in demand of pharmaceuticals is expected to positively impact the market growth.
Moreover, with the initiatives taken by the regional governments to recover the economic growth and enhance the industrial performance, benzyl trimethyl ammonium chloride demand is expected to gain the desirable growth from the first half of 2021.
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Benzyl Trimethyl Ammonium Chloride Market: Regional Outlook
East Asia is expected to be one of the prominent market for benzyl trimethyl ammonium chloride and is expected to grow at high rate throughout the forecast period. Moreover, due to presence of many industries such as
- Henan DaKen Chemical CO. LTD.
- Henan Tianfu Chemical Co.,Ltd.
- Hangzhou FandaChem Co.,Ltd.
- Shanghai Yingrui Biopharma Co., Ltd.
- Chongqing Chemdad Co.,Ltd
the region emerges amongst top producer of benzyl trimethyl ammonium chloride.Benzyl trimethyl ammonium chloride market in Middle East and North America is expected to grow on the back of presence of end use industries such as oilfields and pharmaceuticals.
Moreover, the market is expected to grow in South Asia Pacific due to growth of agricultural techniques, pharmaceuticals, oil research especially in India and ASEAN countries. With increasing research and developing activities the demand for benzyl trimethyl ammonium chloride is expected to spur in the near future.
Which trend/ segment to impact more?
With depleting cultivation area and increasing need for agriculture is expected to drive the global benzyl trimethyl ammonium chloride market. However, the trend of organic farming is anticipated to create adverse effect on synthetic chemicals such as benzyl trimethyl ammonium chloride consumption for agricultural use.
Analyst perspective:
With growing population across the globe the demand of food and agricultural products is increasing due to which demand for benzyl trimethyl ammonium chloride is expected to grow in upcoming future.
Also, with increase in per capita income the no of vehicles is multiplying across the globe owing to increase the use to oils which promotes the search of oilfields which can benefit the market of benzyl trimethyl ammonium chloride for the forecast period.
However, in longterm, the negative impacts of vehicles on environment, growing research and strict government norms promotes use of electric vehicles and organic farming which is anticipated to limit the market of benzyl trimethyl ammonium chloride.
Benzyl Trimethyl Ammonium Chloride: Key Participants
List of some of the prominent players in the global market of Benzyl Trimethyl Ammonium Chloride identified across the value chain includes,
- Huadong Chemical Research Institute
- StarChem
- SACHEM INC.
- Kente
- Changzhou Xinan Chemical Institute
- Tatva Chintan Pharma Chem Pvt. Ltd.
- Mahadev Pharmaceuticals
- Henan DaKen Chemical CO.,LTD.
- Henan Tianfu Chemical Co.,Ltd.
- Hangzhou FandaChem Co.,Ltd.
- Shanghai Yingrui Biopharma Co., Ltd.
- Chongqing Chemdad Co.,Ltd
- Haihang Industry Co.,Ltd
- Career Henan Chemical Co.
Market research report on the Benzyl Trimethyl Ammonium Chloride presents a comprehensive evaluation containing thoughtful insights, facts and figures, historical data, future growth trends, statistically supported and industry validated market information.
The Benzyl Trimethyl Ammonium Chloride market report also consist of projections using appropriate sets of assumptions and methodologies. The report further provides in depth analysis and information according to market segments like geography, phase, concentration and applications