openPR Logo
Press release

Chlorinated Paraffins Market Analysis by Segments, Size, Trends, Growth and Forecast 2023

Chlorinated Paraffins Market Analysis by Segments, Size,

Global Chlorinated Paraffins Market: Snapshot

Chlorinated paraffins are a complex group of synthetic compounds and are used extensively in a variety of metal forming and cutting applications. They are primarily used in industrial cutting fluids, especially for manufacturing of automobiles and automobile parts and for cutting oils. Growth in the plastics and metalworking industries, especially in developed regions, is a primary factor stimulating the demand for chlorinated paraffins worldwide.

Browse Chlorinated Paraffins Market Research Report: http://www.transparencymarketresearch.com/chlorinated-paraffin-market.html

Most commonly and commercially used chlorinated paraffins are of m-grade consisting of medium carbon chain length of 14 to 17 carbons. They are cost-effective and their surging applications in commercial paints, adhesives, lubricating additives, and sealants are expected to drive the market in the coming years. The soaring use of polyvinyl chloride in various end-use industries such as the paints and plastics, steel, and textile industries is expected to spur the demand for chlorinated paraffins. Expanding applications in paints industry in various emerging regions account for a major demand for chlorinated paraffins.

The global market for chlorinated paraffins market is anticipated to rise at a CAGR of 3.2% from 2015 to 2023. Expanding at this pace, the opportunities in the market is projected to reach US$ 1.98 bn by 2023.

Asia Pacific Market to Grow at Impressive Pace

Based on geography, the global chlorinated paraffins market is segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa (MEA). In terms of volume, Asia Pacific held a significant share of the global chlorinated paraffins market in 2014. Over the forecast period, this regional market is expected to grow at an impressive pace. The growth of the Asia Pacific market is attributed to easy availability of various raw materials and soaring application of chlorinated paraffins in the metalworking industry. The surging demand for PVC compounds is driven by rapid advances in the plastics industry. The soaring demand for chlorinated paraffins as metalworking fluids in the metalworking industries in various nations such as India, China, and ASEAN countries is expected to propel the market in the forthcoming years.

However, mounting concerns of detrimental effect on humans and wildlife and the toxicity of m-grade chlorinated paraffins to environment are likely to severely hamper their use in developed regions such as North America and Europe. Nevertheless, the expansion of the paints and lubricants market in various countries of Asia Pacific is expected to open exciting opportunities for players across the globe.

Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3970

Demand for H-grade Chlorinated Paraffins to Pick up Pace in Coming Years

On the basis of the carbon chain length, the major products are L-grade, M-grade, and H-grade. The market for M-grade occupied a major market share in 2015. The segment is anticipated to grow at an impressive pace due to their substantial use in lubricating additives, metalworking fluids, and PVC additives in developing regions. However, in the coming years, the demand for H-grade is projected to outpace that of M-grade.

Based on application, the market for chlorinated paraffins is segmented into lubricating additives, plastics additives, rubber, paints, and metalworking fluids. Among these, the metalworking fluids segment is a prominent one and accounted for a market share of more than 35% in 2014, measured in terms of their demand. Owing to their flame retardant properties, chlorinated paraffins find extensive use in various metalworking applications. Since chlorinated paraffins are stable and active for a wide range of temperature and condition, they have substantial demand in the metal working industry.

The global market for chlorinated paraffins market is highly fragmented with the presence of several companies of all sizes competing with each other. Major players operating in the chlorinated paraffins market include Aditya Birla Chemicals, KLJ Group, Qualice, LLC, Caffaro Industrie S.p.A., Química del Cinca, Leuna-Tenside GmbH, Makwell Group, NCP Chlorchem, INOVYN, Altair Chimica SpA, and Ajinomoto Fine-Techno.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://cmfeglobalreports.blogspot.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Chlorinated Paraffins Market Analysis by Segments, Size, Trends, Growth and Forecast 2023 here

News-ID: 610653 • Views: 347

More Releases from Transparency Market Research

High Nutritional Content Fuelling Demand For Yogurt Market
Rising awareness about the benefits of yogurt over curd is propelling the demand for yogurt among consumers Yogurt has lower sugar and fat content, making it preferable for health conscious customers. Besides, manufacturers are boosting the nutrition value by adding minerals, vitamins, and fiber in the product. For example, Arla foods, a food manufacturing company, has recently introduced fiber-rich yogurt. The yogurt has high protein content, adequate amount of
Increasing Inclination Towards Healthy Lifestyle To Propel Protein Supplements M …
According to a new report by Transparency Market Research (TMR), a leading market intelligence firm, the global protein supplements market is witnessing a tremendous rise in its valuation, thanks to the increased focus of consumers towards acquiring a healthy lifestyle. With the presence of a large number of players, such as GlaxoSmithKline Plc, Amway Corp., ABH Pharma Inc., Vitacost.com Inc., and Nu Skin Enterprises Inc., the competitive landscape in the
Ginger Market is expected to reach a valuation of US$4.18 bn by the end of 2022
The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. Read report Overview- https://www.transparencymarketresearch.com/ginger-market.html The dominant players in the global
Feather Meal Market: Import-Export, Industry Chain Structure and Development Opp …
A recent study published by Transparency Market Research on the feather meal market includes global industry analysis and opportunity assessment for 2020-2030. Revenue generated from the global feather meal market was valued at US$ 359.5 Mn in 2020, which is estimated to rise at a CAGR of 8.6%, to reach ~US$ 820 Mn by 2030. Obtain Report Details @ https://www.transparencymarketresearch.com/feather-meal-market.html global feather meal market Nutritive Value of Feather Meal to Influence Feather

All 5 Releases


More Releases for Chlorinated

Chlorinated Polyolefin Market Entry Strategies, Countermeasures, Economic Impact …
Market Expertz has published a report on the “Chlorinated Polyolefin Market” with a comprehensive investigation of the industry, giving an extensive market outlook and forecast to the year 2026. According to the market study, the Chlorinated Polyolefin industry has undergone rapid growth in the past few years and promises to continue on the same trajectory. The increasing technological development will also propel the market forward during the forecast years. The
Chlorinated Polyvinyl Chloride Market - Revolutionary Trends 2028
Global Chlorinated Polyvinyl Chloride Market: Overview The demand within the global chlorinated polyvinyl chloride market has been rising on account of the commendable applications of PVC. Chlorinated polyvinyl chloride is believed to be an improved version of polyvinyl chloride as the former can withstand greater pressures and temperature. Polyvinyl chloride (PVC) resins are chlorinated to get chlorinated polyvinyl chloride, and the latter is much more flexible than normal PVC. The aforementioned
C2 Chlorinated Solvents Market Forecast by 2025: QY Research
This study focuses on the production side and consumption side of Solar Cell Metal Paste, presents the global C2 Chlorinated Solvents market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the C2 Chlorinated Solvents capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms
Chlorinated Paraffins Market Latest Report with Forecast 2015 – 2023
As per a recent research report by Transparency Market Research (TMR), the global chlorinated paraffin market is extremely fragmented. There are several companies in the market vary in size but competing with each other nevertheless. Leading players operating within the global chlorinated paraffin market are Aditya Birla Chemicals, Qualice, LLC, KLJ Group, Caffaro Industrie S.p.A., Leuna-Tenside GmbH, Química del Cinca, Makwell Group, INOVYN, NCP Chlorchem, Altair Chimica SpA, and Ajinomoto
Chlorinated Polyethylene Market Industry Forecast
As the name suggests, chlorinated polyethylene (CPE), a thermoplastic, is produced by chlorination of polyethylene. It has excellent resistance properties to oil, UV, heat, temperature, chemicals, and weather. It is anti-combustible and difficult to ignite. Chlorinated polyethylene is a flexible and high-strength polymer. The polymer has good stability and is easy to mold. Read report overview at: https://www.transparencymarketresearch.com/chlorinated-polyethylene-market.html The chlorine content of the polymer differs between 35 to 75% depending on its
Global Chlorinated Polyethylene (CPE) Sales Market
Market Research Hub includes new market research report “Global Chlorinated Polyethylene (CPE) Sales Market Report 2017” studies sales (consumption) of Chlorinated Polyethylene (CPE) in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player. Request Free Sample Report @ ht http://www.marketresearchhub.com/enquiry.php?type=S&repid=1270968 Regions Covering: United States China Europe Japan Southeast Asia India Global Chlorinated Polyethylene (CPE) market competition by top manufacturers/players, with