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Chlorinated Paraffin Market Research Analysis, Application And In-Depth Qualitative Insights And Future Growth
Chlorinated Paraffin Market
The Business Research Company's Chlorinated Paraffin Global Market Report 2023 identifies increasing demand for the usage of PVC pipes and flooring as the major driver for the Chlorinated Paraffin market's growth in the forecast period. 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 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 market size of the chlorinated paraffin is expected to grow to $2.47 billion in 2027 at a CAGR of 4.1%.
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Major competitors in the Chlorinated Paraffin market are INOVYN, Altair Chimica, Quimica del Cinca, LEUNA-Tenside GmbH, Dover Chemical Corporation, Aditya Birla Chemicals.
A key trend in the Chlorinated Paraffin market includes launch of post-consumer recycled (PCR). 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.
Read More On The Global Chlorinated Paraffin Market Report Here:
https://www.thebusinessresearchcompany.com/report/chlorinated-paraffin-global-market-report
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. Chlorinated Paraffin Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…………………………………………..
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions In The Market
20. Global Chlorinated Paraffin Market Opportunities And Strategies
21. Chlorinated Paraffin Market, Conclusions And Recommendations
22. Appendix
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