What is the current CHPTAC Market size?

The CHPTAC Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029) Read More

Who are the key players in CHPTAC Market?

Filo Chemical , Hefei TNJ Chemical Industry Co., Ltd. , SACHEM, Inc. , SKW Quab Chemicals Inc. and Shubham Starch Chem are the major companies operating in the CHPTAC Market. Read More

Which is the fastest growing region in CHPTAC Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in CHPTAC Market?

In 2024, the North America accounts for the largest market share in CHPTAC Market. Read More

What years does this CHPTAC Market cover?

The report covers the CHPTAC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the CHPTAC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

CHPTAC Market Trends

Statistics for the 2023 & 2024 CHPTAC market trends, created by Mordor Intelligence™ Industry Reports. CHPTAC trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of CHPTAC Industry

This section covers the major market trends shaping the CHPTAC Market according to our research experts:

Paper Segment to Dominate the Market

The paper segment stands to be the dominating segment owing to its widespread consumption in the paper in various industries for packaging purposes and others.
Myriad applications of CHPTAC including internal binders, reinforcers, and packing is expected to provide a boost to the demand of CHTAC in the market.
In paper industry, CHPTAC is utilized to produce cationic starch which acts as a paper reinforcer and paper binder to increase the dry strength of paper. Thus, the growth of the paper industry is expected to drive market growth for CHPTAC.
Paper is an important material, used daily for many purposes worldwide. More than half of the production of paper was attributable to packaging paper as increasing consumer awareness about environment-friendly nature of paper packaging than polymer packaging.
All the aforementioned factors are expected to drive the CHPTAC market during the forecast period.

Understand The Key Trends Shaping This Market

Download PDF

North America Region to Dominate the Market

North America stands to be the dominating region during the forecast period as the United States is one of the prominent regions in the paper industry.
The efficacy of CHPTAC to act as a liquid cationic etherification agent has significantly driven its demand in the textile industry.
The United States is a major market in the North American textile industry. North America as a whole accounted for more than 41% of the exports in the global textile industry in 2019.
Growing consumption of CHPTAC as a flocculant in the water treatment industry and escalating the need for water treatment plants are likely to create remunerative opportunities for the market.
CHPTAC is also used as a cationic reagent in the personal care industry. Thus, the growth of the personal care industry is expected to result in an increased demand for CHPTAC over the forecast period.
Hence, all such market trends are expected to drive the demand for CHPTAC market in the region during the forecast period.