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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Choline Chloride market for 2018-2023.
Choline chloride is an organic compound and a quaternary ammonium salt. It has a choline cation with chloride anion. Alternative names are hepacholine, biocolina and lipotril.
In terms of value, Asia-Pacific is the largest market, with China leading the region. Europe is the second major market of choline chloride, globally. Asia-Pacific is expected to remain the major market by 2019, with increasing consumption of choline chloride due to growing demand for meats especially poultry meat.
Over the next five years, LPI(LP Information) projects that Choline Chloride will register a 5.6% CAGR in terms of revenue, reach US$ 320 million by 2023, from US$ 230 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Choline Chloride market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Purity >99%
- Purity <99%
Segmentation by application:
- Poultry feed
- Swine feed
- Ruminant feed
- Aqua feed & others
- Human nutrition and Oil & Gas
- Oil & Gas Industry and Miscellaneous Applications
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Algry Quimica Sl
- Balchem Corporation
- Taminco Corporation
- Jubilant Life Sciences Ltd.
- Balaji Amines Ltd.
- Basf Se
- Havay Chemicals
- Pestell Mineral & Ingredients
- A&C Co. Inc.
- Be-Long Corporation
- Nb Group Co. Ltd.
- Kemin Industries Inc.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Choline Chloride consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Choline Chloride market by identifying its various subsegments.
- Focuses on the key global Choline Chloride manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Choline Chloride with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Choline Chloride submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.