Increasing Demand for the cationic modified flocculants and growing demand for the insoluble cationic starches for heavy metal removal from Industrial waste water, are expected to drive the growth of global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market in the forecast period of 2019 to 2026

Global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) market is expected to grow at a steady CAGR of 3.9% in the forecast period 2019 to 2026. The new market report contains data for historic year 2016, the base year of calculation is 2018 and the forecast period is 2019 to 2026

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Drivers: Global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market

  • Increasing demand for the cationic modified flocculants
  • Growing demand of insoluble cationic starches, for heavy metal removal from industrial waste water

Restraint

  • Toxicity of CHPTAC is Causing Environmental Issues

Opportunity

  • Growing demand for cationic cotton

CHALLENGE

  • High operating cost due to sophisticated process for using CHPTAC in cotton

Market Trends:

The global CHPTAC market is segmented into end-user segment.

  • On the basis of end-user, the market is segmented into paper, textile, water treatment, oil & gas, chemical, personal care, nutraceuticals and others. The oil & gas segment is expected to grow at the highest CAGR in the forecast period of 2019 to 2026.

Major Players: Global 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.