Escalating Demand for CHPTAC as a Chemical Additive in Paper Industry to Drive Market Growth – States Fact.MR

250 Pages CHPTAC Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts sales of CHPTAC to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of CHPTAC. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of CHPTAC Market across various industries and regions.

Escalating demand from the paper industry for 3-chloro-2-hydroxypropyl trimethyl ammonium chloride (CHPTAC) as a chemical additive is forecast to propel the CHPTAC market. Increasing demand from its niche applications such as water treatment, nutraceuticals, and dyes are poised to create a progressive environment for the CHPTAC market. Being a liquid cationic etherification agent, CHPTAC’s consumption has witnessed a rise during the historical period (2014-2018) in the preparation of conditioning polymers for hair and skin care products. The aforementioned factors are likely to fuel the market, creating an absolute dollar opportunity worth US$ 90 Mn over the forecast period (2019-2029).

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of CHPTAC market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of CHPTAC

This newly published and insightful report sheds light on Market Insights of CHPTAC, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of CHPTAC Market.

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CHPTAC Market: Segmentation

Fact.MR has segmented the CHPTAC market on the basis of application, end use and region.

Application
  • Cationization of starch
  • Quaternisation of cellulose, protein, guar and other derivatives
End Use
  • Paper
  • Textiles
  • Water treatment
  • Oil & gas
  • Personal care
  • Others
Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”

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Application Specific Products Generate New Revenue Streams for CHPTAC Market Players

CHPTAC market is a partially consolidated market, where Chemigate Oy, Dongying, Guofeng Fine Chemicals Co, Ltd, Dongying J&M Chemical Co, Ltd, Dow, Hefei TNJ Chemical Industry Co.,Ltd. and Sachem Inc. are the key stakeholders.

Market players have been observed to follow a conservative approach during the historical period.

However, Chinese players have been involved in production capacity expansion of cationic etherifying agents to expand their regional and global roots. CHPTAC offers a range of applications which has pushed the market players to expand their product portfolio.

  • For instance, Dongying J&M Chemical Co., Ltd offers Cationic Reagent Quat 188, which acts as an impregnation agent and as a raw material in the dye industry.
  • Similarly, Quat 188 65% Cationic Monomer offered by Dow imparts increased hygroscopicity which makes it material of choice in fabric softener applications.

Key Takeaways of CHPTAC Market:

  • Burgeoning demand of CHPTAC in myriad industries including but not limited to paper, textile, water treatment, oil & gas, and personal care will drive the market at a CAGR of ~4% till 2029
  • Personal care industry is poised to expand at a leading growth rate among other industries and would gain 140 BPS (base share points) by 2029.
  • In terms of value and volume, the cationization of starch has dominated the market in 2018 and is poised to account for over one-third of the revenue share  by 2029
  • Paper industry is projected to remain a highly lucrative end-use industry and is set to create an absolute dollar opportunity worth US$ 55 Mn during the forecast period.
  • APEJ is poised to expand at a steady growth rate of ~5.5% among other regions, creating an absolute dollar opportunity worth US$ 29 Mn by 2029

“Being a cationic agent, CHPTAC not only improves adhesion to polar substrates but also improves the bonding of the dye which will pave the way for numerous opportunities for market players”, says the Fact.MR analyst.

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Report Benefits & Key Questions Answered

  • CHPTAC Company & brand share analysis: The report offers brand-share analysis on CHPTAC market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
  • CHPTAC Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
  • CHPTAC Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
  • CHPTAC Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
  • CHPTAC Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
  • Post COVID consumer spending on CHPTAC: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on CHPTAC sales.

More Valuable Insights on CHPTAC Market

Fact.MR, in its new report, offers an unbiased Market Analysis of CHPTAC, Sales and Demand of CHPTAC, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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