Triclosan Market - Global Triclosan Industry Analysis, Size, Share, Growth, Trends and Forecast 2023-2030 - (By Type Coverage, By End-Use Industry Coverage, By Geographic Coverage and By Company)

Description

Market Overview

Triclosan market size, valued at around US$71.5 Mn in 2022, is expected to grow to US$101.95 Mn by 2030. Triclosan market size is forecasted to expand at a CAGR of 5.20% during the period from 2023 to 2030.

The triclosan market is experiencing significant growth, driven by its widespread use in the cosmetics and personal care industries. The increasing demand for antibacterial and antifungal properties in personal care products, along with the rising standard of living and influence of Western culture, has substantially fueled the market. Triclosan's popularity in the textile industry, due to its bactericidal properties, further propels its growth. In 2022, the industrial grade segment generated the highest revenue, primarily used as an antimicrobial pesticide.

Key Market Drivers

1. Strong Demand from Cosmetics Industry: The global triclosan market is primarily driven by strong demand in the personal care and cosmetics industries. Triclosan's antiviral, antibacterial, cleaning, anti-inflammatory, and dispersant properties make it an essential ingredient in products like lotions, face creams, deodorants, soaps, and shower gels. These qualities significantly contribute to the market's growth.

2. Pharmaceutical Industry Expansion: The pharmaceutical industry is rapidly expanding due to population growth, increased R&D activities, and government support. Triclosan is actively produced by key firms for its antibacterial and antifungal properties, utilized in various pharmaceutical products like antiseptic gels and surgical hand scrubs, thereby driving its market demand.

3. Rising Demand from Key End-Use Industries: The triclosan market benefits from the rising demand for coatings and paints in the construction sector. Triclosan's use as a surface biocide and disinfectant in food contact materials further boosts its market. Additionally, its extensive use in personal care products continues to dominate the global market, driven by increasing demand across various end-use industries.

Market Challenges

1. Potential Risks Associated with Triclosan Use: The market growth is restrained by potential risks associated with triclosan use. Exposure through skin and oral intake can lead to dermatitis, skin irritation, and possible allergic reactions, particularly in young children. Concerns about triclosan's impact on thyroid hormone metabolism and potential endocrine disruption further limit its market growth.

2. Government Restrictions: The adoption of environmental restrictions on triclosan use by governments in the US and other countries presents a significant market barrier. Regulatory bodies like the US Food and Drug Administration (USFDA) mandate that producers demonstrate their products' safety, which can hinder the triclosan market's expansion.

Emerging Trends and Opportunities

1. Use of Triclosan as a Disinfectant: Triclosan is widely used globally as a disinfectant, with annual usage in the USA alone estimated at 1,500 tonnes. The demand for disinfection, especially during the COVID-19 pandemic, has increased production rates. However, improper use may encourage antimicrobial resistance, posing a significant global health threat.

2. Increasing Use in Consumer Products: Triclosan's antibacterial properties have made it a popular ingredient in personal care products. For instance, Colgate Total toothpaste, which contains triclosan, was the second most popular toothpaste in 2016. Its role in reducing plaque and gingivitis highlights its importance in consumer products.

3. Antimicrobial Activities: Triclosan's antibacterial properties have shown effectiveness in medical textile applications. Its use in self-disinfecting paints to create cleaner interior environments further exemplifies its potential. These applications are expected to drive significant growth in the triclosan market.

Regional Market Leaders

Asia Pacific: The Asia Pacific region dominates the global triclosan market, with significant contributions from countries like China, Japan, and India. The region's demand for triclosan in pharmaceuticals, cosmetics, and personal care products drives its market growth. The booming pharmaceutical industry in countries like India further supports this trend, making Asia Pacific a key player in the global triclosan market.

Europe: Europe shows lucrative growth potential, driven by the well-established cosmetics industry. Triclosan's use in skincare products as an antibacterial and preservative agent helps maintain product shelf life by inhibiting microbial growth. However, consumer preferences for more natural and sustainable products are shifting, impacting triclosan demand in the region.

Competitive Analysis

Salicylates and Chemicals Pvt. Ltd.
Jiangsu Huanxin High-tech Materials Co. Ltd.
Cayman Chemical
A. DYESTUFFS INDIA P. LIMITED
Spectrum Chemical
Shandong Aoyou Biological Technology Co. Ltd.
Kumar Organic Products Limited
Merck KGaA
DEV IMPEX
BASF SE
Xian Meheco
Xiangyun Group
Vivimed Labs
Zhuzhou Fortune Chemical Industrial Co., Ltd.
Hangzhou Motto Science & Technology Co., Ltd.

Global Triclosan Market is Segmented as:

By Type:

Industrial Grade
Pharmaceutical Grade

By End-Use Industry:

Personal Care and Cosmetics
Healthcare
Others

By Geographic Coverage:

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Turkey
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Egypt
- Nigeria
- Rest of the Middle East & and Africa

1. Executive Summary

1.1. Global Triclosan Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value/Volume, 2022
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics

4. Price Trend Analysis

5. Global Triclosan Market Outlook, 2018 - 2030

5.1. Global Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Industrial Grade
  - 5.1.1.2. Pharmaceutical Grade
5.2. Global Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Personal Care and Cosmetics
  - 5.2.1.2. Healthcare
  - 5.2.1.3. Others
5.3. Global Triclosan Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Triclosan Market Outlook, 2018 - 2030

6.1. North America Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Industrial Grade
  - 6.1.1.2. Pharmaceutical Grade
6.2. North America Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Personal Care and Cosmetics
  - 6.2.1.2. Healthcare
  - 6.2.1.3. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. North America Triclosan Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.2. U.S. Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 6.3.1.3. Canada Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.3.1.4. Canada Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Triclosan Market Outlook, 2018 - 2030

7.1. Europe Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Industrial Grade
  - 7.1.1.2. Pharmaceutical Grade
7.2. Europe Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Personal Care and Cosmetics
  - 7.2.1.2. Healthcare
  - 7.2.1.3. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Europe Triclosan Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.2. Germany Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.3. U.K. Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.4. U.K. Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.5. France Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.6. France Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.7. Italy Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.8. Italy Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.9. Turkey Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.10. Turkey Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.11. Russia Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.12. Russia Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 7.3.1.13. Rest of Europe Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.3.1.14. Rest of Europe Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Triclosan Market Outlook, 2018 - 2030

8.1. Asia Pacific Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Industrial Grade
  - 8.1.1.2. Pharmaceutical Grade
8.2. Asia Pacific Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Personal Care and Cosmetics
  - 8.2.1.2. Healthcare
  - 8.2.1.3. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Asia Pacific Triclosan Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. China Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.2. China Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 8.3.1.3. Japan Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.4. Japan Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 8.3.1.5. South Korea Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.6. South Korea Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 8.3.1.7. India Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.8. India Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 8.3.1.9. Southeast Asia Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.10. Southeast Asia Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 8.3.1.11. Rest of Asia Pacific Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.3.1.12. Rest of Asia Pacific Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Triclosan Market Outlook, 2018 - 2030

9.1. Latin America Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 9.1.1. Key Highlights
  - 9.1.1.1. Industrial Grade
  - 9.1.1.2. Pharmaceutical Grade
9.2. Latin America Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 9.2.1. Key Highlights
  - 9.2.1.1. Personal Care and Cosmetics
  - 9.2.1.2. Healthcare
  - 9.2.1.3. Others
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Latin America Triclosan Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 9.3.1.2. Brazil Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 9.3.1.3. Mexico Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 9.3.1.4. Mexico Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 9.3.1.5. Argentina Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 9.3.1.6. Argentina Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 9.3.1.7. Rest of Latin America Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 9.3.1.8. Rest of Latin America Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Triclosan Market Outlook, 2018 - 2030

10.1. Middle East & Africa Triclosan Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 10.1.1. Key Highlights
  - 10.1.1.1. Industrial Grade
  - 10.1.1.2. Pharmaceutical Grade
10.2. Middle East & Africa Triclosan Market Outlook, by Application, Value (US$ Bn), 2018 - 2030
- 10.2.1. Key Highlights
  - 10.2.1.1. Personal Care and Cosmetics
  - 10.2.1.2. Healthcare
  - 10.2.1.3. Others
- 10.2.2. BPS Analysis/Market Attractiveness Analysis
10.3. Middle East & Africa Triclosan Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 10.3.1.2. GCC Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 10.3.1.3. South Africa Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 10.3.1.4. South Africa Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 10.3.1.5. Egypt Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 10.3.1.6. Egypt Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 10.3.1.7. Nigeria Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 10.3.1.8. Nigeria Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
  - 10.3.1.9. Rest of Middle East & Africa Triclosan Market by Type, Value (US$ Bn), 2018 - 2030
  - 10.3.1.10. Rest of Middle East & Africa Triclosan Market, by Application, Value (US$ Bn), 2018 - 2030
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Manufacturer vs Application Heatmap
11.2. Company Market Share Analysis, 2022
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Salicylates and Chemicals Pvt. Ltd.
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. Jiangsu Huanxin High-tech Materials Co. Ltd.
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. Cayman Chemical
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. R. A. DYESTUFFS INDIA P. LIMITED
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. Spectrum Chemical.
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Shandong Aoyou Biological Technology Co. Ltd.
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Kumar Organic Products Limited.
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Merck KGaA.
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. DEV IMPEX
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Business Strategies and Development
- 11.4.10. BASF SE.
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development
- 11.4.11. Xian Meheco.
  - 11.4.11.1. Company Overview
  - 11.4.11.2. Product Portfolio
  - 11.4.11.3. Financial Overview
  - 11.4.11.4. Business Strategies and Development
- 11.4.12. Xiangyun Group.
  - 11.4.12.1. Company Overview
  - 11.4.12.2. Product Portfolio
  - 11.4.12.3. Financial Overview
  - 11.4.12.4. Business Strategies and Development
- 11.4.13. Vivimed Labs.
  - 11.4.13.1. Company Overview
  - 11.4.13.2. Product Portfolio
  - 11.4.13.3. Financial Overview
  - 11.4.13.4. Business Strategies and Development
- 11.4.14. Zhuzhou Fortune Chemical Industrial Co., Ltd.
  - 11.4.14.1. Company Overview
  - 11.4.14.2. Product Portfolio
  - 11.4.14.3. Financial Overview
  - 11.4.14.4. Business Strategies and Development
- 11.4.15. Hangzhou Motto Science & Technology Co., Ltd.
  - 11.4.15.1. Company Overview
  - 11.4.15.2. Product Portfolio
  - 11.4.15.3. Financial Overview
  - 11.4.15.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations