Choline Chloride Market 2019-2027 Overview, Demand Status of Key Players, New Business Plans, Upcoming Strategies and Forecast

The global Choline Chloride Market accounted for US$ 662.5 Mn in 2018 and is expected to grow at a CAGR of 5.0% during the forecast period 2019 – 2027, to account to US$ 1,019.5 Mn by 2027.

Choline chloride plays a vital role in clay stabilizer in the oil & gas industry and is available at a reasonable cost. Choline chloride is a preferred clay stabilizer over traditional clay stabilizers, such as potassium chloride. When used at lower concentrations, the compound is biodegradable compared to potassium chloride; it also exhibits superior performance over the other alternatives. As a clay stabilizer, choline chloride is compatible with calcium chloride, brine, and other salt solutions, and has the potential to work well with cross-linkers, fracturing fluids, and breakers.

Top Key Players:- Algry Química, S.L, Balaji Amines Ltd., Balchem Corporation, BASF SE, Be-Long Corporation, Eastman Chemical Company, GHW Eurochemicals S.R.O., Jubilant Life Sciences Limited., NB Group Co., Ltd, Pestell Minerals & Ingredients Inc.

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The Asia Pacific accounted for the highest share in the global choline chloride market. The growth of the choline chloride market in this region is primarily attributed to the increasing demand for poultry meat and the expansion of the aquaculture industry. The growing demand for poultry meat in countries such as India, Japan, and China has led to the increasing demand for animal feed. High demand for choline chloride, along with the growing population in this region, is creating a strong need for choline chloride market. The region also has the presence of significant choline chloride manufacturers such as BASF SE, Jubilant Life Sciences Ltd., Balaji Amines Ltd., Be-Long Corporation, Balchem Corporation, among others that offer high-grade choline chloride to the region’s feed industry, and other industries.

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Choline chloride has been known to play an essential role in human nutrition. Choline is a rich source of methyl groups that are necessary for various metabolic steps in the human body. It is required for the synthesis of sphingomyelin and phosphatidylcholine, which are the two significant phospholipid components in the cell membrane. Choline also plays an essential role in the production of acetylcholine in the human body, which is an essential neurotransmitter for muscle control, mood, memory, and nervous and brain functioning. The inclusion of choline chloride in human nutrition is also necessary as it plays a vital role in cell membrane signaling, gene expression modulation, early brain development, and lipid transport and metabolism. Thus, rising awareness regarding the importance of choline in human nutrition has led to the growth of the choline chloride market.

On the basis of the end-use industry, the global choline chloride market has been segmented into the feed industry, human nutrition, oil & gas industry, and others. Under the end-use industry segment, the feed industry market led the global choline chloride market. Choline chloride is used in the manufacturing of animal feed and aqua feed products due to its high nutritional profile and the necessity of choline in maintaining and building of structural cells in the animals. Choline is induced in the vitamin B group that principally occurs as a methyl group donator. These labile methyl groups are necessary for the formation of vital body substances such as adrenaline and creatine and also in the metabolic reactions and fat conversions. Additionally, rapid growth in the feed industry in key regions such as the Asia Pacific and Europe is fueling the growth of the choline chloride market in the feed industry. Moreover, the oil and gas industry segment is anticipated to grow at a faster pace over the projected period.

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Table of Contents:

1. Introduction
2. Key Takeaways
3. Research Methodology
4. Choline Chloride Market Landscape
5. Choline Chloride Market – Key Market Dynamics
6. Choline Chloride Market – Global Market Analysis
7. Choline Chloride Market – Revenue and Forecasts to 2027 – Product Type
8. Choline Chloride Market – Revenue and Forecasts to 2027 – Application
9. Choline Chloride Market – Revenue and Forecasts to 2027 – Compound
10. Choline Chloride Market Revenue and Forecasts to 2027 – Geographical Analysis
11. Industry Landscape
12. Choline Chloride Market, Key Company Profiles
13. Appendix

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