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Chlorinated Paraffin Global Market Size is Expected to grow to $2.47 Billion By 2027 Emerging at a CAGR of 4.1%. and Forecast 2023-2032 | INOVYN, Altair Chimica, Quimica del Cinca, Makwell Group, KLJ Group
Chlorinated Paraffin Market
The Business Research Company's Chlorinated Paraffin Global Market Report 2023 identifies 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.
The global chlorinated paraffin market size grew from $2.02 billion in 2022 to $2.1 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The chlorinated paraffin market size is expected to grow to $2.47 billion in 2027 at a CAGR of 4.1%.
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Major players in the chlorinated paraffin market 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, and INEOS Chlor.
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.
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The Chlorinated Paraffin Market Is Segmented -
• By Product: Short Chain, Medium Chain, Long Chain
• By End User: Paint & Coatings, Rubber, Manufacturing, Textile, Leather
• By Application: Lubricating Additives, Plastic Additives, Metal Working Fluids, Flame Retardants
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Chlorinated Paraffin market.
The Business Research Company's "Global Chlorinated Paraffin Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Chlorinated Paraffin Market Include:
1. Executive Summary
2. Chlorinated Paraffin Market Characteristics
3. Chlorinated Paraffin Market Trends And Strategies
4. Chlorinated Paraffin Market - Macro Economic Scenario
5. Chlorinated Paraffin Market Size And Growth
.....
26. Africa Chlorinated Paraffin Market
27. Chlorinated Paraffin Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chlorinated Paraffin Market
29. Chlorinated Paraffin Market Future Outlook and Potential Analysis
30. Appendix
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