Chlorinated Paraffin Market Size, Trends, Growth, Segmentation, Key Companies And Forecast Analysis 2021-2028 | Handy Chemical Corporation Ltd, Altair Chimica SpA, INEOS Chlor, LEUNA-Tenside GmbH

Asia Pacific Regions Holds Major Share In The Chlorinated Paraffin Market

Chlorinated paraffin is synthetic chemicals manufactured by chlorination of paraffin of different carbon chain lengths. On the basis of carbon chain length, chlorinated paraffin is generally classified into L-grade, H- grade and M-grade. Apart from this, each of these chlorinated paraffin is then classified on the basis of the level of chlorination. Chlorinated paraffin is cost-effective which are primary employed in application such as plastic additives, lubricating additives, paints, rubber, and metalworking fluids. The increasing demand for this type of paraffin in the metalworking industry in developing region is expected to witness rapid growth for chlorinated paraffin during the forecast period.

Chlorinated Paraffin Market Report Provides:

● A detailed summary of the global market for chlorinated paraffin.
● Qualitative as well as quantitative analysis of certain tools like opportunities, challenges, and market drivers.
● Market trends assessment for the period of 2016-2028 with historical information of previous years with respective CAGRs.
● Market competition scrutiny tools like fractal map assessment, market share analysis, and Porter’s Five Forces model.
● A normal summary of the industry structure.
● Focus on each level of market segmentation on the basis of product approvals, current, approvals, launch, and anticipated market dynamics.
● The company profiles showcase key information about the leading players that are dominating the global markets.

Market Dynamics Of Global Chlorinated Paraffin Market

The global chlorinated paraffin market is expected to grow with a significant CAGR over the forecast period. The research methods used to forecast and estimate the global market include the analysis of perspectives and the exchange of data through secondary sources of major market players, such as investor conferences, annual reports, business websites, and associations. By calculating the total sales of leading industry manufacturers, the bottom-up procedure is often used to arrive at the overall size of the sector. Introduction, market share, product scope, market overview, market risk, key leading countries/region, and main driving force are also given in the market study.

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Market Scope

The overall growth in flame retardant Industries expected to play a vital role in boosting demand for chlorinated paraffin during the forecast period. Certain factors like new environmental regulations, safety standards from the end-user industry as well as the fire safety standard in the developed regions like North America as well as Europe will likely boost the demand for the flame retardant. This in turn would prepare the chlorinated paraffin market in the upcoming years.

Regional Analysis Of Global Chlorinated Paraffin Market

The report gives a thorough overview of the industry including qualitative and quantitative data. It also offers an overview and forecast of the global chlorinated paraffin market with the help of various segments. The overall revenue generated from the Asia Pacific holds maximum share as compared to other nations in the global market. The main reason behind the growth in this region is the easy availability of raw material, moderate growth in the metal working industry as well as the economical cost of chlorinated paraffin which have boosted the chlorinated paraffin market in the region. Not only this but also the Asia-Pacific is likely to be one of the most fastest-growing regional markets for chlorinated paraffin over the project period.

Competitive Analysis

This section offers competitive information about the leading market players. Certain information regarding the mergers, acquisitions, collaborations, and others are also provided in this market research report. The companies’ information regarding the acquisition will help in expanding its portfolio for chlorinated paraffin.

Market players- Ajinomoto Fine-Techno, Dover Chemical, JSC Kaustik, Caffaro Industrie, INOVYN, Flow Tech Group of Industries, Aditya Birla Chemicals, Handy Chemical Corporation Ltd, Altair Chimica SpA, Quimica del Cinca, S.A., INEOS Chlor, LEUNA-Tenside GmbH, United Group, Makwell Group, NCP Chlorchem.

Market Segmentation:
By Grade:
• Short-Chain
• Medium-Chain
• Long-Chain

By Application:
• Lubricating Additives
• Plastic Additives
• Metal Working Fluids
• Flame Retardants

By End-User:
• Paint & Coatings
• Rubber
• Manufacturing
• Textile
• Leather

By Region:
• North America
o North America, by Country
 US
 Canada
 Mexico
o North America, by Grade
o North America, by Application
o North America, by End-User

• Western Europe
o Western Europe, by Country
 Germany
 UK
 France
 Italy
 Spain
 The Netherlands
 Rest of Western Europe
o Western Europe, by Grade
o Western Europe, by Application
o Western Europe, by End-User

• Asia Pacific
o Asia Pacific, by Country
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Rest of Asia Pacific
o Asia Pacific, by Grade
o Asia Pacific, by Application
o Asia Pacific, by End-User

• Eastern Europe
o Eastern Europe, by Country
 Russia
 Turkey
 Rest of Eastern Europe
o Eastern Europe, by Grade
o Eastern Europe, by Application
o Eastern Europe, by End-User

• Middle East
o Middle East, by Country
 UAE
 Saudi Arabia
 Qatar
 Iran
 Rest of Middle East
o Middle East, by Grade
o Middle East, by Application
o Middle East, by End-User

• Rest of the World
o Rest of the World, by Country
 South America
 Africa
o Rest of the World, by Grade
o Rest of the World, by Application
o Rest of the World, by End-User

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This release was published on openPR.