Global chlorinated paraffin market size was $1,902 million in 2015 and is expected to reach $2,426 million by 2027, registering a CAGR of 3% during the forecast period 2021-2027.
Chlorinated paraffin is a chlorinated straight-chain hydrocarbon. They are classified according to their carbon chain length and chlorination rate. Carbon chain lengths typically range from C10 to C30, with chlorination being 35% to 70% or more by weight, respectively. Chlorinated paraffin is obtained by chlorinating the paraffin fraction obtained from petroleum distillation. They are primarily used as lubricants and coolants in the metal forming and cutting industries. Chlorinated paraffin provides various advantages such as low-temperature strength, flame retardancy, and high flexibility of the material. Chlorinated paraffin is mainly used as a high pressure additive in metalworking lubricants. Chlorinated paraffin also improves water and chemical resistance. Therefore, they are very commonly used in marine paints, ships, industrial flooring and swimming pools. In many applications, such as additives and metalworking fluids, the demand for long and medium chain chlorinated paraffins is relatively high.
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Market Segments
By product Type
- Short-Chain
- Medium-Chain
- Long-Chain
By Application
- Lubricant Additives
- Plastic
- Rubber
- Paints
- Metal Working Fluids
- Adhesives
Key Players
Dover Chemical, INOVYN, INEOS Chlor, United Group, Aditya Birla Chemicals, Ajinomoto Fine-Techno, JSC Kaustik, LEUNA-Tenside GmbH, Altair Chimica SpA, Caffaro Industrie, Handy Chemical Corporation Ltd, Quimica del Cinca, S.A., and Makwell Group are the prominent players in the chlorinated paraffin market.
Scope of the Report
The research study analyzes the global Chlorinated Paraffin industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Chlorinated Paraffin Market is available at: https://www.orionmarketreports.com/chlorinated-paraffin-market/60784/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Chlorinated Paraffin Market Report
1. What was the Chlorinated Paraffin Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Chlorinated Paraffin Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Chlorinated Paraffin Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Chlorinated Paraffin market.
- The market share of the global Chlorinated Paraffin market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Chlorinated Paraffin market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Chlorinated Paraffin market.
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