- Short Chain
- Medium Chain
- Long Chain
Chlorinated Paraffin Market was valued at USD 1,730.5 million in 2022 and is poised to grow at a CAGR of 5.5% over 2023-2029. Chlorinated paraffin is an intricate mixture of polychlorinated n-alkanes (paraffin wax) that are used as a plasticizer and flame retardant. The increased use of chlorinated paraffin in various industries such as plastics, rubber, paints, lubricants, metalworking fluids, and textile drives the chlorinated paraffin market. Furthermore, sustainable and environmentally friendly products have grown more and more popular across industries. The creation of bio-based or greener substitutes for conventional chlorinated paraffin offers businesses the opportunity to reach a more ecologically aware market segment. For instance, in January 2022, Altair Chimica adopted a modern and green approach for the installation and start-up of a fourth reactor for the production of chlorinated paraffin ESSEBIOCHLOR, which is heralded as the company’s new frontier in ‘eco-bio’ chlorinated paraffin, maximizing innovation, biodegradability, and environmental sustainability. Moreover, chlorinated paraffin is more in demand as a result of regulatory constraints tightened or being phased out for some alternative compounds that are anticipated to propel market growth. But chlorinated paraffin has come under criticism because of possible negative effects on the environment and human health. In accordance with international accords like the Stockholm Convention, some variations with a high chlorine content are categorized as Persistent Organic Pollutants (POPs) that are anticipated to hinder market growth. However, technological advances coupled with escalating demand for products with PVC content, urbanization, and increased investment by key players are anticipated to increase the market growth over the forecasted years.
Chlorinated Paraffin Market Key Developments:
- In January 2022, Altair Chimica S.p.A expanded its business by adopting a modern and green approach involving the installation and start-up of the fourth reactor for manufacturing ‘eco-bio’ chlorinated paraffin.
- In May 2021, Lockhart Chemical Co., acquired chlorinated paraffin manufacturing rights and related assets in a transaction with North Carolina-based Qualice LLC.
Chlorinated Paraffin Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.50%
Largest Market
Asia Pacific
Fastest Growing Market
Asia Pacific
Chlorinated Paraffin Market Dynamics
The market is expected to rise owing to the extensive use of medium-chain chlorinated paraffin. Medium-chain chlorinated paraffin is thought to establish a balance between short-chain and long-chain chlorinated paraffin in terms of characteristics and environmental issues. They typically have carbon chain lengths ranging from C14 to C17. In numerous applications across sectors, medium-chain chlorinated paraffin has found extensive use as a plasticizer, flame retardant, and lubricant. They provide a strong mix between environmental concerns and performance features, which has aided in the market dominance and are anticipated to burgeon the growth of the chlorinated paraffin market over the forecast years.
Asia-Pacific Got Significant Share Of
Chlorinated Paraffin Market Regional Analysis
The chlorinated paraffin market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific chlorinated paraffin market has expanded at 5.8% CAGR over the historic years, and is poised to grow at 6.0% CAGR over the forecast period owing rising demand for flame retardants and PVC compounds, which is anticipated to surge the demand for chlorinated paraffin in the region. Moreover, it is anticipated that the expansion of the Asia-Pacific chlorinated paraffin market would be positively impacted by rising industrialization in populous nations like China and India as well as rising demand from the plastic and metalworking industries during the forecast period. China dominates the Asia Pacific region and is projected to grow at 6.1% CAGR over 2023 - 2029.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The chlorinated paraffin market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Chlorinated Paraffin Market Segmentation
By Product Type
By Application
- Lubricating Additives
- Plastics
- Rubber
- Paints
- Metal Working Fluids
- Adhesives
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
- Rest of MEA
Frequently Asked Questions
The chlorinated paraffin market valued at USD 1,730.5 Million in 2022 and is expected to grow at 5.5% CAGR over the forecast period 2023 – 2029.
INOVYN, Dover Chemical Corporation, NCP Chlorchem, Caffaro Industrie S.p.A., Leuna Tenside GmbH, Química del Cinca, Aditya Birla Chemicals, Altair Chimica SpA, JSC Kaustik, Ajinomoto Fine-Techno Co., Inc., KLJ Group, Makwell Group, United Group Inc., INEOS Chlor, Flow-Tech Group of Industries, Ajanta Group, Hangzhou Fuyang Jingcheng Chemical Co., Ltd., NCP Alcohols, Jiangsu Hongyu Chemical Co., Ltd., and Danyang Auxiliary Chemical Co., Ltd are a few companies in the chlorinated paraffin market.
The increased use of chlorinated paraffin in various industries such as plastics, rubber, paints, lubricants, metalworking fluids, and textiles drives the chlorinated paraffin market.
| 1.Executive Summary |
| 2.Global Chlorinated Paraffin Market Introduction |
| 2.1.Global Chlorinated Paraffin Market - Taxonomy |
| 2.2.Global Chlorinated Paraffin Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Chlorinated Paraffin Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Chlorinated Paraffin Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Chlorinated Paraffin Market By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Short Chain |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Medium Chain |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Long Chain |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Chlorinated Paraffin Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Lubricating Additives |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Plastics |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Rubber |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Paints |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Metal Working Fluids |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Adhesives |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Chlorinated Paraffin Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Chlorinated Paraffin Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Short Chain |
| 8.1.2.Medium Chain |
| 8.1.3.Long Chain |
| 8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Lubricating Additives |
| 8.2.2.Plastics |
| 8.2.3.Rubber |
| 8.2.4.Paints |
| 8.2.5.Metal Working Fluids |
| 8.2.6.Adhesives |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Chlorinated Paraffin Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Short Chain |
| 9.1.2.Medium Chain |
| 9.1.3.Long Chain |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Lubricating Additives |
| 9.2.2.Plastics |
| 9.2.3.Rubber |
| 9.2.4.Paints |
| 9.2.5.Metal Working Fluids |
| 9.2.6.Adhesives |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 9.3.7. |
| 10.Asia Pacific (APAC) Chlorinated Paraffin Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Short Chain |
| 10.1.2.Medium Chain |
| 10.1.3.Long Chain |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Lubricating Additives |
| 10.2.2.Plastics |
| 10.2.3.Rubber |
| 10.2.4.Paints |
| 10.2.5.Metal Working Fluids |
| 10.2.6.Adhesives |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Chlorinated Paraffin Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Short Chain |
| 11.1.2.Medium Chain |
| 11.1.3.Long Chain |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Lubricating Additives |
| 11.2.2.Plastics |
| 11.2.3.Rubber |
| 11.2.4.Paints |
| 11.2.5.Metal Working Fluids |
| 11.2.6.Adhesives |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Chlorinated Paraffin Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Short Chain |
| 12.1.2.Medium Chain |
| 12.1.3.Long Chain |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Lubricating Additives |
| 12.2.2.Plastics |
| 12.2.3.Rubber |
| 12.2.4.Paints |
| 12.2.5.Metal Working Fluids |
| 12.2.6.Adhesives |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.INOVYN |
| 13.2.2.Dover Chemical Corporation |
| 13.2.3.NCP Chlorchem |
| 13.2.4.Caffaro Industrie S.p.A. |
| 13.2.5.Leuna Tenside GmbH |
| 13.2.6.Química del Cinca |
| 13.2.7.Aditya Birla Chemicals |
| 13.2.8.Altair Chimica S.p.A |
| 13.2.9.JSC Kaustik |
| 13.2.10.Ajinomoto Fine-Techno Co., Inc. |
| 13.2.11.KLJ Group |
| 13.2.12.Makwell Group |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- INOVYN
- Dover Chemical Corporation
- NCP Chlorchem
- Caffaro Industrie S.p.A.
- Leuna Tenside GmbH
- Química del Cinca
- Aditya Birla Chemicals
- Altair Chimica S.p.A
- JSC Kaustik
- Ajinomoto Fine-Techno Co., Inc.
- KLJ Group
- Makwell Group
- United Group, Inc.
- INEOS Chlor
- Flow Tech Group of Industries
- Ajanta Group
- Hangzhou Fuyang Jingcheng Chemical Co., Ltd.
- NCP Alcohols
- Jiangsu Hongyu Chemical Co., Ltd.
- Danyang Auxiliary Chemical Co., Ltd