CHPTAC Market worth 218.9 Million USD by 2020

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CHPTAC Market
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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Introduction
CHPTAC is required for the cationization of
starch which is then utilized by the paper and
textile industry. CHPTAC finds application in
end-user industries which include paper, textile,
water treatment, oil gas, and others (personal
care, dye, nutraceuticals, cosmetics and
chemicals). The market depends majorly on the
paper industry and the growth of the paper
industry indirectly drives the growth of the
CHPTAC market. The restraints of the market are
identified as the increasing manufacturing and
logistics costs. The report covers qualitative
aspect of CHPTAC and detailed volume (tons) and
value (USD million) forecasts of CHPTAC along
with its end-use industries and region.
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Key Participants
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 JM Chemical Co., Ltd
(China), these market players are based out of
Asia-Pacific.
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On The Basis Of Region
The Asia-Pacific region was the worlds largest
market for CHPTAC in terms of volume in 2014 it
is also projected to be the fastest-growing
market in terms of value, between 2015 and 2020.
Thailand is the biggest market while the robust
growth in the Chinese paper making industry is
also projected to drive the market in the region.
The growth is attributed to the increasing demand
of CHPTAC in the paper, textile, and the water
treatment industries in the region. Growing
innovation and developments in the CHPTAC
industry directly affect their demand in various
other end-use industries. China is projected to
be the fastest-growing country in the
Asia-Pacific region followed by India.
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