Press release
Chlorinated Paraffin Wax Market to Exhibit a Remarkable Growth of USD USD 3.02 billion with Growing CAGR of 4.87% by 2029
Chlorinated paraffin has gained immense popularity across various industries owing to its flame-retardant property. Flame retardants are known to play an important role in various applications, such as textiles, adhesives, elastomers, plastics, and adhesives.Global chlorinated paraffin wax market was valued at USD 2.07 billion in 2021 and is expected to reach USD 3.02 billion by 2029, registering a CAGR of 4.87% during the forecast period of 2022-2029.
Chlorinated paraffin refers to a complex mixture of polychlorinated n-alkanes that is produced by synthesis of chlorine gas along with paraffin fractions at 100°C. Nitrogen is used after attainment of the desired degree of chlorination to remove residues of chlorine and hydrochloric acid.
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Some of the major players operating in the chlorinated paraffin wax market are
• INOVYN (UK)
• INEOS (UK)
• Caffaro Industrie (Italy)
• DOVER CHEMICAL CORPORATION (US)
• Química del Cinca (Spain)
• Aditya Birla Chemicals (India) Limited (India)
• LEUNA-Tenside GmbH (Germany)
• KLJ Group (India)
• Flow Tech Group of Industries (India)
Chlorinated Paraffin Wax Market Regional Analysis/Insights
The chlorinated paraffin wax market is analyzed and market size insights and trends are provided by country, grade and application as referenced above.
The countries covered in the chlorinated paraffin wax market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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