Chlorinated Paraffin Market Size And Forecast
The Global Chlorinated Paraffin Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Chlorinated Paraffin Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Chlorinated Paraffin Market is expected to grow at a CAGR of 3.16% from 2020 to 2027.
What is Chlorinated Paraffin?
Chlorinated Paraffin refers to straight-chain hydrocarbons that have been chlorinated. Chlorinated paraffins are made by chlorinating paraffin fractions obtained from petroleum distillation. Chlorinated paraffins are largely inert, almost insoluble in water, and have an extremely low vapor pressure. It is can be used as a replacement for primary plasticizers such as phthalates and phosphate esters and used as a secondary plasticizer in rubber, paints, adhesives, plastics, and sealants. Chlorinated paraffins are categorized based on their chain-length such as – short-chain, medium-chain, and long-chain.
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Global Chlorinated Paraffin Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Chlorinated paraffins have been widely used in various industries such as – manufacturing, paints and coatings, rubber, textile, plastics, and many others, therefore fuelling the demand for chlorinated paraffins in the market. Due to its flame retardant properties, chlorinated praffins are employed in a wide range of rubbers and polymers systems. Also, it is used as plasticizers in paint, sealants, and adhesives, and the rising urbanization and industrialization have surged the demand for chlorinated paraffins in the market. However, strict government regulations regarding its use might potentially affect the market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Chlorinated Paraffin Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Chlorinated Paraffin Market Competitive Landscape
The “Global Chlorinated Paraffin Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as – INOVYN, Ajinomoto Fine-Techno, JSC Kaustik, Dover Chemical, Handy Chemical Corporation Ltd, Caffaro Industrie, Vantage Leuna GmbH. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Chlorinated Paraffin Market, By Chain Length
• Short-Chain
• Medium-Chain
• Long-Chain
Chlorinated Paraffin Market, By End-User
• Paints and coatings
• Rubber
• Textile
• Plastics
• Others
Chlorinated Paraffin Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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