(3-Chloro-2-hydroxypropyl) trimethylammonium chloride (CHPTAC) finds application in end-use industries, such as paper, textile, water treatment, oil & gas, and others which include personal care, dye, nutraceuticals, cosmetics, and chemicals.
This market intelligence report on ‘Global (3-Chloro-2-hydroxypropyl)trimethylammonium chloride (CHPTAC) Market, By End-use Industry (paper, textile, water treatment, oil & gas, and others), and by Region (North America, Europe, Asia-Pacific, and RoW)-Industry Trends & Forecasts to 2020’ estimates the market size of CHPTAC by end-use industry, and region in terms of both value and volume.
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Primary raw materials for CHPTAC are:
• Epichlorohydrin
• Trimethylamine hydrochloride
The report categorizes CHPTAC into the following end-use industries:
• Paper
• Textile
• Water treatment
• Oil & Gas
• Others (personal care, dye, nutraceuticals, cosmetics, and chemicals)
The market size of CHPTAC in terms of volume is projected to reach 125.3 kilotons by 2020 at a CAGR of 3.3% during the forecast period.
The market for CHPTAC is expected to grow significantly in Asia-Pacific due to the presence of various end-use industries. The above-mentioned end-use industries in the region are projected to register CAGR between 3.5% and 6.5%, during the forecast period, in terms of volume.
The growing paper industry will drive the growth of the CHPTAC market. The growth of the paper industry in Asia-Pacific countries, such as China and India makes the region an attractive market for CHPTAC. China is projected to be the largest paper industry which shall drive the growth of CHPTAC in the country. Asia-Pacific is the fastest-growing market for CHPTAC across the world, followed by the Rest of the World which includes South America and the Middle East & Africa. With the aforementioned opportunities, the overall CHPTAC market remains attractive during the forecast period.
Companies, such as The Dow Chemical Company (U.S.), Sachem Inc. (U.S.), Samsung Fine Chemicals (Korea), SKW Quab Chemicals Inc (U.S.), Yanzhou Tiancheng Chemicals Co. Ltd. (China), Dongying Guofeng Fine Chemicals Co., Ltd. (China), Dongying J&M Chemical Co., Ltd (China), Chemigate Oy (Finland), Shubham Starch Chem. (P) Ltd. (India), and Weifang Greatland Paper and Chemicals Co., Ltd. (China) are some of the most active and important players of the CHPTAC industry.
