CHPTAC Market Size & Share, by Application (Emulsifiers, Surfactants, Flocculants, Binding Agents, Cationic Agent); End Use (Paper Industry, Textile Industry, Oil & Gas Industry, Chemical Industry, Water Treatment Industry) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

Growth Drivers

• Increasingly Used in Water Treatment- CHPTACs are widely used for the removal of contamination in water treatment facilities. For wastewater treatment in urbanized and emerging countries, such as the US or China, Cationic Modified Flocculent CHP is mostly preferred. China invested USD 81.6 billion in its municipal sewage system between 2015 and 2020, including new sewage treatment facilities, sewage pipeline construction and maintenance, rainwater sewage diversion systems, sludge mitigation, reclaimed water, and first treatment, according to the Chinese National Bureau of Statistics. China is planning to build or improve 80,000 km of sewer collection and treatment networks over the period from 2021 to 2025, in order to increase its capacity by 20 million cubic meters per day. CHPTAC facilitates the removal of impurities and suspended particulates, thereby improving the clarity of water. Demand for CHPTAC is expected to grow in the water treatment sector due to rising water pollution and increasing demand for effective water treatment solutions. This is why an increase in the use of CHPTAC in wastewater treatment plants is expected to fuel market expansion.
• Growing Demand in Paper Industry- CHPTAC is an important client of the paper industry. In the paper industry, its use as a cationic starch modifier has resulted in an increase of demand for CHPTAC. The properties of cationic starch treated with CHPTAC improve the strength, retention, and drainage characteristics leading to higher paper quality and increase in demand for Cationic Starch. Increasing demand for papers and their products, as well as the most rapid expansion of the paper industry, are among the key sectors driving the CHPTAC market. The molecular weight of CHPTAC is 188.10 and it has become an essential ingredient in the paper industry. The use of CHPTAC is capable of providing for the production of soluble starch, a binder, and paper reinforcement that is required within the paper industry in order to give rise to high dry strength. As a result, the expansion of this paper sector is expected to create an opportunity for CHPTAC.
• Expanding the Product Line of Personal Care- For the manufacture of hair care and skincare products, for example, conditioners, shampoos, or hairdressing products, color cosmetics CHPTAC is used. It's a conditioning agent, providing antistatic properties to the hair. The demand for CHPTAC in hairdressing products is anticipated to increase, due to the continued growth of the personal care industry worldwide.

Challenges

• Increasing manufacturing costs- The major challenges that affect the growth of CHP TAC are rising raw material prices and increasing logistic costs. In addition, the development of this substance may result in dangerous waste that is likely to pose a threat to the environment. However, as the stability of this market improves and a number of rules are expected to be introduced in the coming days, that position may become even more precarious. The risk to health and the environment from this market could be reduced by developing more efficient material handling techniques.
• Supply chain interruptions can pose difficulties for producers and impede the expansion of the market.
• The developed economies' deficiency in technological understanding would also hinder the rate of market growth.