Article -> Article Details
Title | Chlorinated Paraffin Market Global Outlook and Trends: 2024-2030 |
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Category | Business --> Business Services |
Meta Keywords | Chlorinated Paraffin Market |
Owner | NirankaMMR |
Description | |
Global Chlorinated Paraffin Market was valued at USD 2.02 Billion in 2023, and is expected to reach USD 2.93 Billion by 2030, exhibiting a CAGR of 5.45% during the forecast period (2024-2030) Chlorinated Paraffin Market Overview: The Chlorinated Paraffin Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Chlorinated Paraffin Market, as well as the causes for variances in the industry’s growth in various places. Stay in the know with our Sample Report – access details through the link provided:- https://www.maximizemarketresearch.com/request-sample/168799 Chlorinated Paraffin Market Scope: To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases. Chlorinated Paraffin Market Drivers: Chlorinated paraffins are used as fire retardants and secondary plasticizers, which are used as an alternative to primary plasticizers (phthalates). Chlorinated paraffin is added to PVC to improve its flame retardancy while maintaining low-temperature properties such as the strength of plastic. Growth in the global PVC industry is expected to boost the demand for chlorinated paraffin during the forecast period. Moreover, technological advances coupled with escalating demand for products with PVC content, such as sheets, tubes, pipes, wires, and cables globally, are expected to drive the growth of the chlorinated paraffin market over the forecast period. With the rapid development in the plastic sector in Asia-Pacific, especially in China, the demand for flame retarding agents and plasticizers has increased notably. Major plasticizers such as dibutyl phthalate (DBP) and dioctyl phthalate (DOP) have high prices due to an unstable supply of raw materials and hence do not meet the requirements in the plastic sector. Thus, the demand for low-priced chlorinated paraffin is expected to increase, further driving the chlorinated paraffin industry during the forecast period. One significant growth driver of the chlorinated paraffin wax market is the expanding End-User Type scope in the manufacturing of flexible PVC products. Chlorinated paraffin waxes are widely used as plasticizers and flame retardants in the PVC industry, contributing to the market's growth as the demand for flexible PVC materials, such as wires, cables, and hoses, continues to rise. Chlorinated Paraffin Market Segmentation: by Product Short Chain by Application Lubricating Additives by End User Type Paints & Coatings Delve into further information by selecting the provided link:- https://www.maximizemarketresearch.com/market-report/chlorinated-paraffin-market/168799/ Chlorinated Paraffin Market Key Players: The key players are 1. KH Chemicals 2. Guangzhou Jiangyan Chemicals Co., Ltd. 3. Caffaro Industrie SPA 4. Zhengzhou Saihang Chemicals Technology Co., Ltd. 5. Dover Chemical Corporation 6. Golden Dyechem 7. Handy Chemical Corporation, Inc. 8. Altair Chimica S.p.A. 9. Ajinomoto Fine-Techno Co. 10. Aditya Birla Chemicals 11. Chlorpras 12. LEUNA Tenside GmbH 13. NCP Chlorchem 14. KLJ Group 15. Qualice, LLC 16. Qumica del Cinca 17. United Group, Makwell Group 18. Inovyn Chlorvinyls Ltd. 19. Ineos Regional Analysis: Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Chlorinated Paraffin Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments. Key Questions Answered in the Chlorinated Paraffin Market Report are:
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