Expanding Use of Long-chain Chlorinated Paraffin in Flame Retardants 2023-2029


Posted July 27, 2023 by aishwaryammr

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 Overview:

The report presents the latest revenue figures and market trends in the Chlorinated Paraffin Market. It provides an overview of the Chlorinated Paraffin Market, including its definition and market structure, along with proactive and pre-planned management strategies. The report focuses on key aspects such as gross margin, cost, market share, capacity utilization, and supply, which impact the Chlorinated Paraffin Market. Moreover, it assists in understanding the future potential of the Chlorinated Paraffin Market in the coming years. The report offers a market overview covering essential topics, accompanied by tailored data to meet specific requirements. This overview aids in making informed decisions on market approaches and gaining a comprehensive understanding of the industry context.

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Chlorinated Paraffin Market Scope:

The Global Chlorinated Paraffin Market report offers comprehensive statistical and analytical insights to provide a complete understanding of market size, share, growth, trends, demand, key players, industry summary, opportunities, value cycle, end-users, technology, types, and applications. Furthermore, the report incorporates analysis of available opportunities in micro markets for stakeholders to invest, along with a detailed examination of the competitive landscape and product offerings of major players.

The qualitative and quantitative data presented in the Chlorinated Paraffin market study assist decision-makers in understanding which market segments and regions are expected to experience higher growth rates, the factors influencing the market, and key areas of opportunity. Additionally, the report includes the competitive landscape of key players in the industry, along with emerging trends in the Chlorinated Paraffin market.

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.

1. Global Chlorinated Paraffin Market Size, by Product (2022-2029)
• Short Chain
• Medium Chain
• Long Chain
2. Global Chlorinated Paraffin Market Size, by Application (2022-2029)
• Lubricating Additives
• Plastics
• Rubber
• Paints
• Metal Working Fluids
• Adhesives

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Chlorinated Paraffin Market Key Players:

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 reports provide Regional Insights that offer comprehensive information about the Chlorinated Paraffin market at a regional level. It is essential to understand local energy, economic, political, and geographic factors to assess regional changes in the Chlorinated Paraffin market. The functioning of the Chlorinated Paraffin market has a significant influence on local development plans. The report allows for the analysis of regional factors that impact the Chlorinated Paraffin market and contribute to domestic growth in respective countries.

Key Questions answered in the Chlorinated Paraffin Market Report are:

Which product segment grabbed the largest share in the Chlorinated Paraffin market?
How is the competitive scenario of the Chlorinated Paraffin market?
Which are the key factors aiding the Chlorinated Paraffin market growth?
Which region holds the maximum share in the Chlorinated Paraffin market?
What will be the CAGR of the Chlorinated Paraffin market during the forecast period?
Which application segment emerged as the leading segment in the Chlorinated Paraffin market?
Which are the prominent players in the Chlorinated Paraffin market?
What key trends are likely to emerge in the Chlorinated Paraffin market in the coming years?
What will be the Chlorinated Paraffin market size by 2029?
Which company held the largest share in the Chlorinated Paraffin market?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Chlorinated Paraffin#
Landscape- Leading key players and other prominent key players.
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Categories Technology
Tags chlorinated paraffin market , chlorinated paraffin market share , chlorinated paraffin market business
Last Updated July 27, 2023