North America 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market By End-user (Paper, Textile, Water Treatment, Oil & Gas, Chemical, Personal Care, Nutraceuticals and Others), Country (U.S., Canada, and Mexico), Industry Trends and Forecast to 2026– Industry Trends and Forecast to 2026The 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.
North America 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.
Segmentation: North America 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market
North America CHPTAC market is segmented into eight segments such as paper, textile, water treatment, oil & gas, chemical, personal care, nutraceuticals and others.
- On the basis of end-user, the market is segmented into paper, textile, water treatment, oil & gas, chemical, personal care, nutraceuticals and others.
- In November, an agreement was made to acquire the Specialty Metals business of ESM Group Inc. inclusive of manufacturing facility in Pennsylvania, U.S. by Luxfer Holdings PLC. ESM Group is a wholly owned subsidiary of SKW Stahl-Metallurgie Holding AG and this agreement was made so that the company will focus on the core business and strengthening the relationship with the customer.
Competitive Analysis: North America 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 February 2019, Merck is investing USD 70 million for the expansion of the research and development centre in Billerica, Massachusetts. The centre will be committed in innovation & development in the field of oncology, immuno-oncology and immunology. Merck is a well-known name in life science and this expansion is a testament to the state’s global leadership.
Research Methodology: North America 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.