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The 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.
According to a recent market research report from IndustryARC, the global epoxy resin market size was approximately $2,460 million as of 2018, and the demand is projected to increment at a CAGR of 2.5% over the forecast period of 2019 to 2025. Based on the epoxy resin market analysis, the Americas holds the largest market share exceeding 35% in 2018. The key application of epoxy resins is at construction sector in this region, and the demand for this application is projected to increment at a CAGR of 3.5% over the forecast period. In the construction sector, epoxy resins are used to provide strong bonding adhesives, sealants, and fillers. These are the replacements for various mechanical fixings such as bolts, screws, studs, and setscrews.
The choline chloride market accounted for US$ 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 Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, choline chloride market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. One of the major factors driving growth in the choline chloride market is increasing consumption of poultry meat and egg.
Asia Pacific Choline Chloride Market Size is estimated to cross USD 235 Million by 2026. The rising use of choline chloride in the animal feed industry in developing countries such as India, China, and Japan are some of the major factors which foster the market in the Asia Pacific region. It is used to increase productivity in poultry, and other animal feed, it performs various functions such as growth, productivity, and feed efficiency in the animals. Also, it reduces blood serum fatty acids and cholesterol in cattle and buffaloes. Furthermore, rising mental health benefits associated with choline with chloride lead to a boost in the demand in the medical sector.
Choline Chloride Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function.
More Information @ https://bit.ly/2YwO6nI Changing food habits, increasing consumer exposure to global cuisines, and compatibility of chicken with various cooking methods may foster choline chloride market share.
Choline Chloride Market by End-User (Poultry feed, Swine feed, Ruminant feed, Aqua feed & others, Human nutrition and Oil & Gas, and Misc. applications), and Geography - Regional Trends & Forecast to 2019