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    Asia Pacific Choline Chloride Market Forecast 2026 By Application (Animal Feed {Poultry {Broilers, layers}, Swine, Cattle, Pet Food, Aquaculture}, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals), By Form (Powder, Liquid), By Grade (50%, 75%, 70%, 60%, 98%), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: December 2020   |   Report ID: GR1582   |   Delivery: PDF  Request Free Sample

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

    Asia Pacific Choline Chloride Market

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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.

    Frequently Asked Question(FAQ) :

    What was the estimated Asia Pacific Choline Chloride market size in 2019?
    The market size of Asia Pacific Choline Chloride was valued USD 160 million in 2019.
    What is the anticipated growth for the Asia Pacific Choline Chloride industry share during the forecast period?
    The industry share of Asia Pacific Choline Chloride is projected to witness more than 6% growth rate during 2020 to 2026.
    What factors will impact the Asia Pacific Choline Chloride market share from oil & gas sector?
    Asia pacific choline chloride market from oil & gas sector anticipated growing at a CAGR of 7% gains by 2026. In the oil & gas industry, it acts as a clay stabilizer and enhances the production rate and it is cost-effective.

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