Global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market Projected CAGR 3.9% Growth by 2026 | A report by The Dow Chemical Company, Merck KGaA (SIGMA-ALDRICH), Lotte Fine Chemical, SKW QUAB Chemicals Inc., Chemigate, BOC Sciences, Shubha

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.

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Market Analysis:
Global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) market is projected to register a healthy CAGR of 3.9% in the forecast period of 2019 to 2026.

Key Players:
• 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

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Business Expansion
• In February 2019, Merck is investing USD 70 million for the expansion of the research and development center 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.
• In January, Merck announced its collaboration with Tencent, a China based Internet value added services provider. This collaboration will be helpful in creating awareness regarding the health and creation of a multi-dimensional intelligent medical ecosystem with the help of artificial intelligence and cloud computing capabilities. The company is now contributing in digitalization for the improving medical treatment.
• In December 2018, Dow partnered with Alibaba and started a flagship store at 1699.com. The company is exploring and new business opportunities through e-commerce platforms. It will benefit the company by giving customer various options to purchase online and hence broadening the sales network.

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