Chlorinated Paraffin Market was valued at USD 1.92 Billion in 2022, and is expected to reach USD 2.80 Billion by 2029, exhibiting a CAGR of 5.45% during the forecast period (2023-2029)

Chlorinated Paraffin Market Scope:

The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals. 

Chlorinated Paraffin Market Overview: 

The primary goal of this research is to assist the user in understanding the Chlorinated Paraffin Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Chlorinated Paraffin industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals. 

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Chlorinated Paraffin Market Segmentation: 

Short-, medium-, and long-chain chlorinated paraffins make up the three product categories that make up the global market for chlorinated paraffins. The chlorine level of each product type is then divided into three categories: less than 40%, 40-70%, and more than 70%. In terms of value and volume, the long-chain chlorinated paraffin sector is predicted to grow at the greatest CAGR during the forecast period. This segment dominated the chlorinated paraffin market in 2022. Long-chain chlorinated paraffins are employed as high-pressure additives in lubricants, pastes, and fluids for metal machining. Long-chain chlorinated paraffins with a chlorine content of above 70% are employed in the metalworking sector because they have flame-retardant qualities.

 

In 2022, the market for medium-chain chlorinated paraffins accounted for a sizeable portion. They frequently replace short-chain chlorinated paraffins because such are prohibited in several nations. Medium-chain chlorinated paraffins are used as components in cooling lubricating oils, but their use is constrained due to their expensive disposal and consumers' objections for reasons of health, safety, and the environment.

 

During the projection period, short-chain chlorinated paraffins are anticipated to expand at a sizable CAGR. Short-chain chlorinated paraffins are frequently employed in plastics as secondary plasticizers and flame retardants, as well as as lubricants and coolants in metal cutting and metal forming operations. At low concentrations, they are bioaccumulative, persistent, and poisonous to aquatic creatures. They can bioaccumulate in animal tissues and linger in the environment for a long period, increasing the likelihood and duration of exposure and causing negative environmental impacts.

Global Chlorinated Paraffin Market Size and Forecast, By Product (2022-2029)
1 Short Chain
2 Medium Chain
3 Long Chain
Global Chlorinated Paraffin Market Size and Forecast, By Application (2022-2029)
1 Lubricating Additives
2 Plastics
3 Rubber
4 Paints
5 Metal Working Fluids
6 Adhesives
Global Chlorinated Paraffin Market Size and Forecast, By End-User Type (2022-2029)
1 Paints & Coatings
2 Rubber
3 Manufacturing
4 Textile
5 Leather
6 Others
Global Chlorinated Paraffin Market Size and Forecast, by Region (2022-2029)
1 North America
2 Europe
3 Asia Pacific
4 Middle East and Africa
5 South America

 

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Chlorinated Paraffin Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Chlorinated Paraffin market are

1. Guangzhou Jiangyan Chemicals Co., Ltd.
2. Caffaro Industrie
3. Zhengzhou Saihang Chemicals Technology Co., Ltd.
4. Dover Chemical Corporation
5. Golden Dyechem
6. Handy Chemical Corporation, Inc.
7. KH Chemicals
8. Altair Chimica S.p.A.
9. Ajinomoto Fine-Techno Co.
10. Aditya Birla Chemicals
11. Chlorpras
12. LEUNA Tenside GmbH
13. NCP Chlorchem
14. KLJ Group
15. Qualice, LLC
16. Qumica del Cinca
17. United Group, Makwell Group
18. Inovyn Chlorvinyls Ltd.
19. Ineos

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Regional Analysis:

The report focuses on Global Regions and Market Size of Chlorinated Paraffin, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.

COVID-19 Impact Analysis on Chlorinated Paraffin Market:

The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Chlorinated Paraffin industry in 2021.

Key Questions Answered in the Chlorinated Paraffin Market Report are: 

  • What is the function of Chlorinated Paraffin?
  • What is the predicted revenue generation of the Chlorinated Paraffin market?
  • At what growth rate is the Chlorinated Paraffin market evolving?
  • Who are the major market giants operating in the Chlorinated Paraffin market?

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