Asia-Pacific 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market By End-user (Paper, Textile, Water Treatment, Oil & Gas, Chemical, Personal Care, Nutraceuticals and Others), Country (China, Japan, India, Australia, South Korea, Singapore, Indonesia, Malaysia, Philippines, Thailand and Rest of Asia-Pacific), Industry Trends and Forecast to 2026 – Industry Trends and Forecast to 2026 The 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) is also termed as liquid cationic etherification agent and widely used as cationic reagent. It helps in transforming the natural and synthetic polymer and imparts properties such as cationic starch, cationic polyacrylamide, additive, electroplating additive, paper additives, anti-static agent, surfactant, flocculants and emulsifier and others.
In the paper industry, cationic starches are produced by reacting with starch. Cationic starches help in enhancing the strength of the paper and can be used as paper internal binder, paper reinforcer and fine cellulose interception auxiliary in packing application. The increasing usage of recycled papers is leading to the development of the cationic starches and boosting the market for 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride.
In oil & gas industry, CHPTAC has wide utility as cationic reagent and has the highest CAGR. It is used in the formulation of drilling mud which is viscous and heavy fluid mixture required for oil and gas drilling operations.
Further, the textile industry is the largest consumer industry and plays a vital role to increase the economical rate. 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride is made to react with the cotton fibre and enhancing the bond with dye. It also gives ant-bacterial properties to the the cationic cotton whilst reducing the water consumption. Thus the wide applicability of technical textile is considered as a major factor, fuelling the market growth.
Asia-Pacific 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.
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Segmentation: Asia-Pacific 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market
The market is segmented into end user.
- On the basis of end-user, the market is further segmented into eight notable segments such as paper, textile, water treatment, oil & gas, chemical, personal care, nutraceuticals and others
Competitive Analysis: Asia-Pacific 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market
Some of the major players operating in this market are The Dow Chemical Company, Merck KGaA (SIGMA-ALDRICH), Lotte Fine Chemical, SKW QUAB Chemicals Inc., Chemigate, BOC Sciences, Shubham Starch Chem (P) Ltd., Sachem Inc., Shandong Tiancheng Chemical Co.,Ltd., Dongying J&M Chemical Co., Ltd, Weiffang Mingyang Chemical Co. Ltd., Tokyo Chemical Industry Co., Ltd, Zibo Aoerte Chemical Co., Ltd. and others.
- In January 2019, Merck announced its collaboration with Tencent, a China based Internet value added services provider. This collaboration will be helpful in creating awareness regarding the health and creation of a multi-dimensional intelligent medical ecosystem with the help of artificial intelligence and cloud computing capabilities. The company is now contributing in digitalization for the improving medical treatment.
Research Methodology: Asia-Pacific 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market
Primary Respondents: key industry participants, subject-matter experts (SMEs), C-level executives of key market players, Market Intelligence Managers, National Sales Managers and industry consultants.
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