Asia Pacific Choline Chloride Market to hit $235 Mn by 2026

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Asia Pacific Choline Chloride Market to hit 235
Mn by 2026 Graphical Research
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Asia Pacific Choline Chloride Market Size is
estimated to cross USD 235 Million by 2026. The
rising use of choline chloride in the animal feed
industry in developing countries such as India,
China, and Japan are some of the major factors
which foster the market in the Asia Pacific
region. It is used to increase productivity in
poultry, and other animal feed, it performs
various functions such as growth, productivity,
and feed efficiency in the animals. Also, it
reduces blood serum fatty acids and cholesterol
in cattle and buffaloes. Furthermore, rising
mental health benefits associated with choline
with chloride lead to a boost in the demand in
the medical sector.   Choline chloride is a safe
chemical compound performs various functions in
the oil gas sector, it acts as a clay
stabilizer and used to prevent expansion and
offers wellbore stability. Growing demand from
the oil and gas industry will foster the market
in the Asia Pacific region. Additionally, rising
gas exploration and technological advancement in
the developing countries will propel the demand
for the choline chloride market in the upcoming
future. The Asia Pacific choline chloride market
is bifurcated, on basis of form into liquid and
powder. Liquid choline chloride is a drab,
odorless, clean substance that is soluble in
water, non-corrosive, and non-poisonous in
nature. The liquid form anticipated to grow with
a CAGR of 6 by 2026. Owing to this, it has
widespread applications in the poultry feed
industry and animal nutrition, it enhances the
growth and performance, controls fat metabolism,
and improves reproductive ability in animals.
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Choline chloride helps to reduce various
health-related problems such as liver issues,
chronic hepatitis, and cirrhosis. Additionally,
it is used for memory loss, Alzheimer's disease,
and Tourette's disease which control mental
conditions. Owing to its several health benefits
the Asia Pacific choline chloride market for
pharmaceuticals is expected to grow with a
significant CAGR during the forecast period.
Also, rapid change in the medical sector and
technological advancement may foster the demand
in the future. The major players include in the
Asia Pacific choline chloride market are BASF SE,
Eastman Chemicals, Balaji Amines, Jubilant Life
Sciences Limited, Pestell Minerals Ingredients,
Sigma Aldrich, GWH International, Fano Group
Limited, SDA Products, Algry Quimica SL.
Manufacturing companies are focusing on product
innovation and development.
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