Address: C76, Balewadi, Pune, Maharashtra
Global Choline Chloride Market is anticipated to rise at a value CAGR of 5.55% over 2019-2028. According to a study published by Insure Insights on the Global Choline Chloride Market. Choline chloride is an organic compound; it made up of quaternary ammonium salt and alcohol. It consists of a cation that is choline, which occurs naturally and is widely used in animal feed activities. The increasing consumption of poultry meat and egg and the demand for meats are highly contributing to the market growth
Top Driver: The rise in Animal husbandry, cattle, and pig farming has driven the market growth
The rise in Animal husbandry, cattle, and pig farming activities around the world is the key factor driving market growth. Countries like India are highly dependent on agriculture and farming, and an increase in the awareness to provide high-quality feed to the animals for better meat, egg, and milk etc. have enhanced the market of Choline Chloride. Choline chloride also is beneficial to the humans as they improve the liver function improves the neurological and cognitive functions, and thus have boosted the overall market
70% grade has made the highest segmental growth in the Global Choline Chloride Market
Based on the Grade 70% grade segment has dominated segmental growth. 70% grade is essential for the calves, fish, poultry, pigs; they play a significant role in preventing fatty liver, improves the growth, and muscle control. The rise in the animal husbandry, poultry, cattle farming activities has aggregated the demand for 70% grade and have enhanced the segmental growth. The high use of 70% grade Choline chloride in oil & gas sector, as it benefits in clay stabilization and have compatibility with drilling muds and thus have further improved the segmental growth
In terms of the Application, the market is segmented as animal feed, oil & gas, human nutrition, others. Oil & gas have obtained lucrative market growth, as Choline Chloride acts as an excellent clay stabilizer and thus reduces cost increases the production activity the oil & gas.
Increase in the animal actives in North America has proved to be a boon for the market
Growing animal activities like cattle farming, poultry, animal husbandry, pig farming are the key factor for the lucrative growth in North America. An increase in the awareness among the caretakers to provide high-quality animal protein, along with technological advancement in the processed meat industry, have positively influenced the demand for choline chloride in the region. Asia Pacific region is anticipated to grow at a higher rate in the forecast due to the increase in the demand for meat.
Mergers, Acquisitions and Technological advancements are the key strategies of the competitors in the market.
Mergers, acquisitions and technological advancement in the products are strategies used by competitors for the overall growth. The key competitors of the Global Choline Chloride Market Algry Quimica SI, Kemin Industries Inc., Balchem Corporation, NB Group Co. Ltd., Taminco Corporation, Be-Long Corporation, Jubilant Life Sciences Ltd., Balaji Amines Ltd., Pestell Minerals & Ingredients and Havay Chemicals.
Balchem Corporation: Balchem Corporation is one of the major competitors of Choline Chloride. In May 2019, Balchem Corporation Had announced the acquisition of Chemogas, NV; it is a privately held specialty gases company, this deal was done by Balchem Corporation to expand its geographic presence in the packaged ethylene oxide market
Kemin Industries: Kemin Industries is one of the key competitors of the market. In January 2018, Kemin Industries had announced the acquisition of Garmon Chemicals, textile auxiliary business. .Garmon Chemicals are an international provider of chemical auxiliaries and garment processing. The deal was done by Kemin Industries to hold a significant position in the textiles market.
Scope of the Report
By Grade
By Application
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Bare Copper Conductor Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Bare Copper Conductor Market -Industry Snapshots
6.1.1 Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Bare Copper Conductor Market Analysis, by Type
7.2 Key Findings for Bare Copper Conductor Market- By Type
7.2.1 Bare Copper Conductor Market- Soft drawn
7.2.2 Bare Copper Conductor Market- Medium hard drawn
7.2.3 Bare Copper Conductor Market- Hard drawn
Chapter 8 Global Bare Copper Conductor Market Analysis, by Application
8.2 Key Findings for Bare Copper Conductor Market- By Application
8.2.1 Bare Copper Conductor Market- Automotive
8.2.2 Bare Copper Conductor Market- Aerospace
8.2.3 Bare Copper Conductor Market- Energy Sectors
8.2.4 Bare Copper Conductor Market- Chemicals
8.2.5 Bare Copper Conductor Market- Electronics
8.2.6 Bare Copper Conductor Market- Others
Chapter 9 Bare Copper Conductor Market Analysis by Region
9.1 Key Findings for Bare Copper Conductor Market- By region
9.2.1 Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028
9.2.2 Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028
9.3 Bare Copper Conductor Market – North America
9.3.5 North America Market, By Type
9.3.6 North America Market, By Application
9.4 Bare Copper Conductor Market – Europe
9.4.8 Europe Market, By Application
9.5 Bare Copper Conductor Market – Asia Pacific
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Application
9.6 Bare Copper Conductor Market – SAMEA
9.6.2 Middle East & Africa (MEA)
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Application
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
Chapter 11 Company Profiles- Snapshot
11.8 Slimlites Electricals Pvt. Ltd
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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