Press release
Chlorinated Paraffin Market: CAGR 4.9% Growth Forecast, Key Players and Trends 2025-2029
Chlorinated Paraffin Market Share
What Is The Projected Market Size Of The Global Chlorinated Paraffin Market And Its Growth Rate?
• The chlorinated paraffin market size was $2.21 billion in 2024 and is projected to grow to $2.32 billion in 2025 at a CAGR of 4.9%
• The market size is expected to reach $2.94 billion in 2029 at a CAGR of 6.1%
What Is Driving The Growth In The Chlorinated Paraffin Market?
The chlorinated paraffin market's growth is driven by the increasing demand for PVC pipes and flooring in the construction industry. Chlorinated paraffin, a secondary plasticizer, is used in construction materials like PVC pipes, cables, paints, and flooring. With the construction industry projected to reach $738.5 billion by 2022, chlorinated paraffin stands to benefit from the industry's expansion.
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Who Are the Key Players Driving Chlorinated Paraffin Market Growth?
• INOVYN
• Grasim Industries Limited
• Ajinomoto Co. Inc.
• JSC Kaustik
• Dover Chemical Corporation
• LEUNA-Tenside GmbH
• Altair Chimica SpA
• NCP Chlorchem
• Guangzhou Jiangyan Chemical Co Ltd
• KLJ Group
• Flow Tech Group of Industries
What Are The Key Trends In The Chlorinated Paraffin Market?
• Focus on collaborating with other companies for market growth and product expansion
• Mergers and acquisitions to acquire more production capabilities
• Increasing investments and expanding product portfolios
What Are The Segments Of The Global Chlorinated Paraffin Market?
1) By Product: Short Chain, Medium Chain, Long Chain
2) By Application: Lubricating Additives, Plastic Additives, Flame Retardants, Metal Working Fluids, Other Applications
3) By End-User: Paint And Coatings, Manufacturing, Plastics, Rubber, Other End-Users
Which Region Leads The Chlorinated Paraffin Market?
Asia-Pacific was the dominant region in the chlorinated paraffin market in 2024, and is expected to maintain its lead over the forecast period. The regions considered for the chlorinated paraffin market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Chlorinated Paraffin Market Global Market Report?
- Market Size Analysis: Analyze the Chlorinated Paraffin Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Chlorinated Paraffin Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Chlorinated Paraffin Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Chlorinated Paraffin Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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