Chlorinated Paraffin Market Size, Growth, Analysis, Demands, Competitive Analysis, Share, 2021 Worldwide Industry Trends, Business Opportunities and Demand Forecast to 2025

Latest released, the research study on Global Chlorinated Paraffin Market Report Forecast 2021 - 2030, offers a detailed overview of the factors influencing the global business scope. Chlorinated Paraffin Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Chlorinated Paraffin. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: INOVYN; Altair Chimica; Quimica del Cinca; LEUNA-Tenside GmbH; Dover Chemical Corporation; Aditya Birla Chemicals.; Caffaro Industrie S.p.A.; Ajinomoto Fine-Techno; Makwell Group; KLJ Group; Qualice LLC; NCP Chlorchem; Caffaro Industrie; Flow Tech Group; Golden Dyechem; KH Chemicals; INEOS Chlor

The global chlorinated paraffin market is expected to grow from $2.39 billion in 2020 to $2.50 billion in 2021 at a compound annual growth rate (CAGR) of 4.74%. The growth is mainly due to the growing demand from end-user industries. The market is expected to reach $2.81 billion in 2025 at a CAGR of 2.98%.

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Covid-19 Impact and Recovery Analysis:

The global Chlorinated Paraffin market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Scope

Markets Covered: 1) By Product: Short Chain; Medium Chain; Long Chain
2) By End User: Paint & Coatings; Rubber; Manufacturing; Textile; Leather
3) By Application: Lubricating Additives; Plastic Additives; Metal Working Fluids; Flame Retardants

Market Overview:

The launch of post-consumer recycled (PCR) plastics is one of the key trends in the chlorinated paraffin market. PCR plastic is recycled from the plastics and then sterilized and (PP) polypropylene that is made from the polymerization of propene monomer packages. Major companies are focusing on sustainable packaging to attract more consumers and survive in the competitive business environment. For instance, In 2019 Lush cosmetic engaged in manufacturing handmade skin products, that have begun using PCR and PP packaging which is known as polypropylene package made with resins that comes with an injection-molded container that is designed to hold cream and lotions.

In October 2020, Lubrizol Corporation, a USA-based specialty chemical company that supplies technologies and produces additives, ingredients, resins, and compounds have partnered with Grasim Industries Limited from Aditya Birla Group for establishing a plant to manufacture and provide CPVC resin in India. Lubrizol will make additional investments in the future to expand its existing CPVC compound plant in Gujarat and establish a local innovation center as demand continues to grow. Grasim Industries Limited is an India-based company that involves in the production of chemicals and cement.

The increasing demand for the usage of PVC pipes and flooring is expected to drive the growth of the chlorinated paraffin market. Chlorinated paraffin is used as secondary plasticizers for polyvinyl chloride (PVC) pipes, cables, paints, flexible CPVC pipes, and flooring, which are used in the construction industry. According to Invest India, National Investment Promotion and Facilitation Agency in India, the demand for PVC is growing in residential construction as the construction industry is expected to reach $738.5 billion by 2022. Moreover, according to IIFL Holdings Limited, an India-based financial services company, the Indian plastic pipes industry size was approximately $4.00 billion in 2019 with 60% demand from the agricultural sector and the remaining 40% from the construction sector. Thus, the growth of the construction industry is likely to generate higher revenues for the chlorinated paraffin market.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
- Key competitors – A list of key competitors to the company.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.

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