Global Chlorinated Paraffin Market Opportunities And Strategies – Forecast To 2030 – Includes Chlorinated Paraffin Market Size
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The increasing demand from the construction sector is expected to propel the growth of the chlorinated paraffin market, as per The Business Research Company’s chlorinated paraffin market opportunities and strategies report.
The chlorinated paraffin market is expected to grow from $1.93 billion in 2021 to $2.25 billion in 2026 at a rate of 3.1%. The market is then expected to grow at a CAGR of 3.4% from 2026 and reach $2.66 billion in 2031.
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Major players in the chlorinated paraffin market include INOVYN, Grasim Industries Limited (Aditya Birla Chemicals), Ajinomoto Co., Inc (Ajinomoto Fine-Techno Co Inc), JSC Kaustik, Dover Chemical Corporation.
The focus area for many companies in the chlorinated paraffin market has shifted to increasing mergers and acquisitions to acquire more production capabilities. Large prime manufacturers are forming joint ventures or buying small or midsized companies to acquire new capabilities or gain access to new markets.
The Global Chlorinated Paraffin Market Is Segmented:
By Product: Short Chain, Medium Chain, Long Chain
By Application: Lubricating Additives, Plastic Additives, Flame Retardants, Metal Working Fluids
By End-User: Paint And Coatings, Manufacturing, Plastics, Rubber, Other End-Users
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global chlorinated paraffin market.
TBRC’s Chlorinated Paraffin Market Report Covers:
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Chlorinated Paraffin Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough chlorinated paraffin market research, analyzes and forecasts chlorinated paraffin market size, chlorinated paraffin market share, chlorinated paraffin market players, chlorinated paraffin market trends, chlorinated paraffin market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s chlorinated paraffin market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The chlorinated paraffin market consists of sales of chlorinated paraffin by entities (organizations, sole traders, or partnerships) that are used across diverse industries in multiple applications such as flame retardant, plasticizer, coolants and lubricants in metal forming and many more. Chlorinated paraffin are complex manmade compounds that are manufactured by the chlorination of normal paraffin (straight-chain hydrocarbons) obtained from petroleum refining.
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