Asia Pacific Choline Chloride Market size surpassed USD 160 million in 2019 and is anticipated to expand at 6% CAGR between 2020 and 2026.

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Chlorine chloride is an organic compound having formula (CH3) {3NCH2CH2OH} CL. It is containing chloride anion & choline cation. The product is white colourless hygroscopic based substance dissolve in liquid, which is odourless. It is manufactured by the process of trimethylamine hydrochloride along with the presence of ethylene oxide. it is extensively used in animal feed to increase productivity; it is mainly used as a nutritional component in various sector.

Asia Pacific Market, By Grade

The grade 98% segment will grow at 6.5% CAGR through 2026, due to the purity, it has wider applications in pharmaceuticals and the animal feed industry. It is used as an additive in feed in the poultry sector to prevent perosis and liver enlargement in chickens.

Asia Pacific Market, By Form

The liquid form segment is likely to showcase 6% growth rate during the forecast period, owing to this, it has widespread applications in the poultry feed industry and animal nutrition, it enhances the growth and performance, controls fat, and improves animal reproduction.

Asia Pacific Market, By Application

Asia pacific choline chloride market from oil & gas sector will exhibit a CAGR of 7% till 2026. In the oil & gas industry, it acts as a clay stabilizer and enhances the production rate and it is cost-effective.  The rising oil & gas industry in China, India, and Japan will foster the market demand.

Choline chloride assists 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 market for pharmaceuticals is expected to grow with a significant CAGR during the forecast period. Also, rapid change in the medical sector and technology advancement may foster the industry demand.

Competitive Industry Landscape

Prominent participants operating across 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 and Algry Quimica SL. Manufacturing companies are focusing on product innovation and development.