The CHPTAC market is anticipated to witness sluggish growth, with global demand likely to surpass 117 kilo tons in 2018, according to a latest report by Fact.MR. Wide application of 3-chloro-2-hydroxypropyltrimethyl ammonium chloride (CHPTAC) in paper and textile industry continues to offset some of the sluggishness, however, regulations and availability of less potent alternatives is impeding demand.
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The demand for CHPTAC from end-use industries such as paper and textile continues to be steady. The use of paper in the packaging industry is increasing consistently in recent years, especially in North America and Europe. However, as the paper industry in North America is moving towards eco-friendly paper production CHPTAC is losing favor among end-users.
High toxicity in inorganic compounds and chemicals used in paper industry is leading to the legal restrictions on consumption. Moreover, the introduction of stringent greenhouse gas emission regulation and rise in environmental awareness is creating impediments to demand. However, increasing crude oil prices and rise in oil & gas exploring activities in the US can create few opportunities for stakeholders.
In addition to the US, Asia Pacific Excluding Japan (APEJ) is another lucrative region in the CHPTAC market. The demand for CHPTAC is also growing in textile and water-treatment industries in APEJ.
In the oil & gas industry, CHPTAC is widely used in cationisation of guar gum, which is used as a key raw material in fracking sands. Moreover, rise in gaur cultivation in India has resulted in increasing exports of gaur from India to the United States.
Read Detailed Index of full Research Study at https://www.factmr.com/report/2444/chptac-market
Paper Industry to Account for Largest Share in CHPTAC Market
Fact.MR expects the paper industry to emerge as one of the largest users of CHPTAC in papermaking process. The demand is expected to surpass 70 kilo tons by 2018 end. Paper-based packaging is gaining popularity owing to its versatility and cost-efficiency. The packaging industry is using paper on a large scale to develop various types of packaging such as paperboard, containerboard, shipping sacks, and paper bags.
Traditionally, paper manufacturers worldwide used high quantity of retention agents, especially cationic substances. In recent years, the addition of these substances in paper manufacturing has triggered economic and environmental issues with the rise in contamination of effluents. In the last few years, semisynthetic compounds produced from natural polymers have found large application in paper industry.
The leading players in the CHPTAC market that are featured in the Fact.MR report are DowDupont Inc., Sachem Inc., SKW QUAB Chemicals Inc., Chemigate Oy, Rouquette Ferez SA, Lotte Fine Chemicals Ltd., Yanzhou Tiancheng Chemical Co., Ltd., Dongying Guofeng Fine Chemicals Co., Ltd., Dongying J&M Chemical Co., Ltd., Shubham Starch Chem (P) Ltd., and Weifang Greatland Paper and Chemicals Co., Ltd.
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The Fact.MR report tracks the CHPTAC market for the period 2018-2027. According to the report, the CHPTAC market is expected to reach CAGR of 2.4% in terms of volume during the forecast period.
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Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2444
The demand for CHPTAC from end-use industries such as paper and textile continues to be steady. The use of paper in the packaging industry is increasing consistently in recent years, especially in North America and Europe. However, as the paper industry in North America is moving towards eco-friendly paper production CHPTAC is losing favor among end-users.
High toxicity in inorganic compounds and chemicals used in paper industry is leading to the legal restrictions on consumption. Moreover, the introduction of stringent greenhouse gas emission regulation and rise in environmental awareness is creating impediments to demand. However, increasing crude oil prices and rise in oil & gas exploring activities in the US can create few opportunities for stakeholders.
In addition to the US, Asia Pacific Excluding Japan (APEJ) is another lucrative region in the CHPTAC market. The demand for CHPTAC is also growing in textile and water-treatment industries in APEJ.
In the oil & gas industry, CHPTAC is widely used in cationisation of guar gum, which is used as a key raw material in fracking sands. Moreover, rise in gaur cultivation in India has resulted in increasing exports of gaur from India to the United States.
Read Detailed Index of full Research Study at https://www.factmr.com/report/2444/chptac-market
Paper Industry to Account for Largest Share in CHPTAC Market
Fact.MR expects the paper industry to emerge as one of the largest users of CHPTAC in papermaking process. The demand is expected to surpass 70 kilo tons by 2018 end. Paper-based packaging is gaining popularity owing to its versatility and cost-efficiency. The packaging industry is using paper on a large scale to develop various types of packaging such as paperboard, containerboard, shipping sacks, and paper bags.
Traditionally, paper manufacturers worldwide used high quantity of retention agents, especially cationic substances. In recent years, the addition of these substances in paper manufacturing has triggered economic and environmental issues with the rise in contamination of effluents. In the last few years, semisynthetic compounds produced from natural polymers have found large application in paper industry.
The leading players in the CHPTAC market that are featured in the Fact.MR report are DowDupont Inc., Sachem Inc., SKW QUAB Chemicals Inc., Chemigate Oy, Rouquette Ferez SA, Lotte Fine Chemicals Ltd., Yanzhou Tiancheng Chemical Co., Ltd., Dongying Guofeng Fine Chemicals Co., Ltd., Dongying J&M Chemical Co., Ltd., Shubham Starch Chem (P) Ltd., and Weifang Greatland Paper and Chemicals Co., Ltd.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2444s
The Fact.MR report tracks the CHPTAC market for the period 2018-2027. According to the report, the CHPTAC market is expected to reach CAGR of 2.4% in terms of volume during the forecast period.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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