CHPTAC Market by End-Use Industry, and By Region – Industry Trends & Forecast to 2020

The report “CHPTAC Market by End-Use Industry (paper, textile, water treatment, oil & gas, and others) and By Region (North America, Europe, Asia-Pacific, and Rest of World) – Industry Trends & Forecast to 2020″, defines and segments the CHPTAC market with analysis and forecast of market size by volume and value. The CHPTAC market size, in terms of volume is projected to reach 125.3 Kilotons by 2020, registering a CAGR of 3.3% during the forecast period.

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The leading players in the market are The Dow Chemical Company (U.S.), Sachem Inc. (U.S.), SKW QUAB Chemicals Inc. (U.S.), Chemigate Oy (Finland), and Rouquette Ferez SA (France). Other market players include Samsung Fine Chemicals Ltd. (Korea), Yanzhou Tiancheng Chemical Co., Ltd. (China), Dongying Guofeng Fine Chemicals Co., Ltd. (China), Dongying J&M Chemical Co., Ltd (China), these market players are based out of Asia-Pacific.

On the basis of end use industry:

The CHPTAC market is characterized on the basis of end-use industries that include paper, textile, water treatment, oil & gas, and others (personal care, dye, nutraceuticals, cosmetics and chemicals). These end-use industries are described in detail in this report.

On the basis of region

Regional level for CHPTAC includes North America, Asia-Pacific, Europe, and Rest of the World and further for key countries in each region that include U.S., China, Thailand, India, Germany, France, Turkey, and The Netherlands. South America and the Middle East & Africa are collectively considered in Rest of the World.

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“Paper is the key end-use industry for CHPTAC”

The CHPTAC market is segmented into five key end-use industries, namely, paper, textile, water treatment, oil & gas, and others which include personal care, dye, nutraceuticals, cosmetics and chemicals. Among these end use-industries, the paper industry accounted for largest market share in 2014 in terms of value as well as volume. Majority of CHPTAC is used in the paper industry where it is first converted into EPTAC using a strong base and then used for the cationization of starch, used in the paper industry. The increasing demand of paper products and per capita consumption is driving the CHPTAC market.

“CHPTAC market size to reach USD 218.9 million by 2020”

The CHPTAC market size is projected to reach USD 218.9 Million by 2020. In terms of value, the CHPTAC market in the paper end-use industry is projected to witness a CAGR of 4.7% between 2015 and 2020. The drivers of the CHPTAC market comprise the increasing demand for CHPTAC in developing markets, such as Thailand, China, and India. A shift in the preference for improved paper and the increase in per capita consumption of paper in the emerging economies are also likely to push the growth of the CHPTAC market. The factors that restrain the market are environmental concerns and the increasing cost of starch. Since the demand is increasing moderately, industry players have not adopted strategies, such as new product developments, agreements, and joint ventures.

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