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<strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> Analysis by Regional<br />

Outlook, Competitive <strong>Market</strong> & Forecast, 2017 – 2024:<br />

Global <strong>Market</strong> Insights, Inc.<br />

<strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> Size will surpass USD 2 billion by 2024; according to a<br />

new research report by Global <strong>Market</strong> Insights, Inc.<br />

Growth in plastic and manufacturing industries coupled with rise in aerospace and<br />

automotive sectors is a key factor stimulating the product demand across the<br />

developing regions. This is attributed owing to the upsurge in buying power and<br />

significant monetary growth and will boost the chlorinated paraffin market growth by<br />

2024. Construction sector expansion is likely to augment the market growth in coming<br />

years owing to rising population coupled with increasing housing requirements of the<br />

people in the developing regions. This is due to extensive product usage in PVC in order<br />

to manufacture the sheets, films, cables, wires, pipes and other related products.<br />

Increasing demand for the PVC products in construction, insulation, transmission and<br />

other industries is fueling the chlorinated paraffin market growth due to outstanding<br />

technical features.<br />

Fluctuating raw material costs coupled with availability of substitute product in the<br />

market may restrict the chlorinated paraffin industry growth during the forecast<br />

timeframe. Basically, the product is obtained from the distillation of petrol and<br />

variation in the oil prices significantly impacts on the overall raw materials prices. Rise<br />

in demand for bio-based products in North America and Europe will hinder the<br />

chlorinated paraffin market demand.<br />

The chlorinated paraffin market has been classified on the basis of grades, application,<br />

end-user and regions. The different grades include short-chain, medium-chain and<br />

long-chain grade chlorinated paraffin. Among these, medium- and long-chain grades,<br />

collectively will cross USD 1.5 billion in 2024 owing to their excellent mechanical and<br />

technical features such as good stability, low volatility, compatibility, flame resistance,<br />

etc. which benefit myriad end-user domains.<br />

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U.S. <strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> Size, by Application, 2013 – 2024 (USD<br />

Million)<br />

In terms of revenue, metal working fluids application segment of chlorinated paraffin<br />

market will cross USD 650 million by the end of the forecast span. Increasing demand<br />

coupled with wide product acceptance in automotive, aerospace and other<br />

manufacturing sectors will boost the segment growth as it works as a good flame<br />

retardant, coolant and other technical features. <strong>Chlorinated</strong> paraffin is primarily used<br />

as a key ingredient in the formulation of working or metal cutting fluids, enhancing the<br />

product penetration over the forecast period.<br />

Browse key industry insights spread across 330 pages with 376 market data tables &<br />

28 figures & charts from the report, “<strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> Size By Grade<br />

(Short-Chain, Medium-Chain, Long-Chain), By Application (Lubricating Additives,<br />

Plastic Additives, Metal Working Fluids, Flame Retardants), By End-user (Paint &<br />

Coatings, Rubber, Manufacturing, Textile, Leather), Industry Analysis Report,<br />

Regional Outlook, Growth Potential, Price Trends, Competitive <strong>Market</strong> Share &<br />

Forecast, 2017 – 2024” in detail along with the table of contents:<br />

https://www.gminsights.com/industry-analysis/chlorinated-paraffin-market<br />

Based on end-user, the <strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> is fragmented into paints &<br />

coatings, rubber, manufacturing, textile, leather and other industries. Among these,<br />

rubber and manufacturing industries will register a combined share of over 50% in<br />

chlorinated paraffin market in 2024. This is attributed due to the wide acceptance of<br />

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the product as a softening agent, lubricative additive, fire retardants and water<br />

repellant fabric treatment agent.<br />

Based on geography, Asia Pacific will likely hold a significant share in the overall<br />

<strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> in 2016 and will expand in the forecast timeframe at the<br />

substantial rate. North America and Europe will have a collective market size of over<br />

USD 600 million in 2024 accounting for over one third of the global chlorinated paraffin<br />

market.<br />

The key manufacturers in the <strong>Chlorinated</strong> <strong>Paraffin</strong> <strong>Market</strong> which include Ajinomoto<br />

Fine-Techno, Dover Chemical, JSC Kaustik, Caffaro Industrie, INOVYN, Flow Tech Group<br />

of Industries, Aditya Birla Chemicals, Handy Chemical, Altair Chimica, Quimica del<br />

Cinca, INEOS Chlor, Makwell Group, LEUNA-Tenside, United Group, and NCP<br />

Chlorchem.<br />

Related Report:<br />

Metalworking Fluids <strong>Market</strong> Size By Application (Removal, Forming, Protecting,<br />

Treating), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK,<br />

France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico,<br />

South Africa, GCC) Growth Potential, Price Trends, Competitive <strong>Market</strong> Share &<br />

Forecast, 2015 – 2024<br />

https://www.gminsights.com/industry-analysis/metalworking-fluids-market<br />

About Global <strong>Market</strong> Insights<br />

Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />

research and consulting service provider; offering syndicated and custom research<br />

reports along with growth consulting services. Our business intelligence and industry<br />

research reports offer clients with penetrative insights and actionable market data<br />

specially designed and presented to aid strategic decision making. These exhaustive<br />

reports are designed via a proprietary research methodology and are available for key<br />

industries such as chemicals, advanced materials, technology, renewable energy and<br />

biotechnology.<br />

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Contact Us:<br />

Arun Hegde<br />

Corporate Sales, USA<br />

Global <strong>Market</strong> Insights, Inc.<br />

Phone: 1 302-846-7766<br />

Toll Free 1 888-689-0688<br />

Email: sales@gminsights.com<br />

Website: https://www.gminsights.com/<br />

Blog: https://gminsights.wordpress.com/<br />

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