Chlorinated Paraffin Market By Product Type (Short Chain, Medium Chain, Long Chain), By Application (Lubricating Additives, Plastics, Rubber, Paints, Metal Working Fluids, Adhesives): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global chlorinated paraffin market was valued at $1.6 billion in 2021, and is projected to reach $2.7 billion by 2031, registering a CAGR of 5.4% from 2022 to 2031.
Chlorinated paraffin is a complex mixture of polychlorinated n-alkanes made by the reaction of liquid paraffin fractions with pure chlorine gas. Chlorinated paraffin is used in lubricants, plastic additives, metalworking fluids, and flame retardants. Paint & coatings, rubber, manufacturing, textiles, and leather are the primary end-users of chlorinated paraffin. The growing demand for PVC pipes and flooring is projected to propel the chlorinated paraffin industry forward. Chlorinated paraffin is used in the construction sector as a secondary plasticizer for polyvinyl chloride (PVC) pipes, cables, paints, flexible CPVC pipes, and flooring.
The chlorinated paraffin market is segmented on the basis of product type, application, and region. The report outlines the details about chlorinated paraffin product types, such as short chain, medium chain, and long chain. Further, application of chlorinated paraffin including lubricating additives, plastics, rubber, paints, metal working fluids, and adhesives are also covered in the report. Moreover, it analyzes the current market trends of chlorinated paraffin across different regions, such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained.
The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry. In addition, the report covers profiles of key industry participants, such as Aditya Birla Chemicals; Altair Chimica S.p.A.; Caffaro Industrie; Dover Chemical Corporation; Handy Chemical Corporation, Inc.; Ineos Chlor; Inovyn; KLJ Group; LEUNA Tenside GmbH; and Química del Cinca.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the chlorinated paraffin market analysis from 2021 to 2031 to identify the prevailing chlorinated paraffin market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the chlorinated paraffin market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global chlorinated paraffin market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Short Chain
Medium Chain
Long Chain
By Application
Lubricating Additives
Plastics
Rubber
Paints
Metal Working Fluids
Adhesives
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Caffaro Industrie
DOVER CHEMICAL CORPORATION
Handy Chemical Corporation, Inc.
Altair Chimica S.p.A.
Aditya Birla Chemicals
LEUNA Tenside GmbH
KLJ Group
Qumica del Cinca
Inovyn
Ineos Chlor
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