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Chlorinated Paraffin Wax Market

Global Chlorinated Paraffin Wax Market Size, Share, Growth: By Grade: Short Chain, Medium Chain, Long Chain; By Application: Lubricant Additives, Plastics Additives, Rubber, Paints, Metal Working Fluids, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Chlorinated Paraffin Wax Market Outlook

The global chlorinated paraffin wax market size was nearly USD 31.39 billion in 2023. The market is further expected to attain a value of USD 42.85 billion by 2032, recording a CAGR of 3.5% over the forecast period of 2024-2032.

 

Chlorinated Paraffin Wax Market

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Chlorinated paraffin is used as a secondary plasticiser for producing polyvinyl chloride (PVC). It is anticipated to partially substitute main plasticisers such as phthalates and phosphate esters in the coming future. The growing PVC applications around the world are anticipated to provide a boost to the chlorinated paraffin wax industry.

 

Market Segmentation

Chlorinated paraffin provides benefits such as increased material flexibility, flame retardance, and low-temperature resistance. PVC is added to chlorinated paraffin to enhance its flame retardance property. The chlorinated paraffin wax market can be divided on the basis of segments like grade and application. The industry, based on its grade, can be divided into short chain, medium chain, and long chain. The industry can be broadly categorised based on its application into:

 

Chlorinated Paraffin Wax Market By Segments

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  • Lubricant Additives
  • Plastics Additives
  • Rubber
  • Paints
  • Metal Working Fluids
  • Others

The EMR report looks into the regional chlorinated paraffin wax markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The growing PVC sector is expected to boost the demand for chlorinated paraffin wax, which is driving the industry forward. Technological developments and increased demand for PVC content in products such as sheets, tubes, pipes, wires, and cables across the globe are anticipated to drive the demand for chlorinated paraffin wax during the forecast period. The increasing disposable incomes and growing urbanisation, especially in the emerging economies, are further aiding the industry growth. The factors such as the rising environmental concern combined with the strict laws imposed by the governments and the availability of alternatives might hamper the market growth in the coming years.

 

Chlorinated Paraffin Wax Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global chlorinated paraffin wax market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • INOVYN ChlorVinyls Limited
  • NCP Chlorchem (Pty) Ltd 
  • Dover Chemical Corporation 
  • LEUNA-Tenside GmbH.,
  • Química del Cinca
  • JSC Kaustik
  • KLJ Group
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-

  • Grade
  • Application
  • Region
Breakup by Grade
  • Short Chain
  • Medium Chain
  • Long Chain
Breakup by Application
  • Lubricant Additives
  • Plastics Additives
  • Rubber
  • Paints
  • Metal Working Fluids
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Iran
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • INOVYN
  • NCP Chlorchem
  • Dover Chemical Corporation
  • Vantage Leuna GmbH
  • JSC Kaustik
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chlorinated Paraffin Wax Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chlorinated Paraffin Wax Historical Market (2018-2023)
    8.3    Global Chlorinated Paraffin Wax Market Forecast (2024-2032)
    8.4    Global Chlorinated Paraffin Wax Market by Grade
        8.4.1    Short Chain 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Medium Chain
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Long Chain
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Chlorinated Paraffin Wax Market by Application
        8.5.1    Lubricant Additives
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Plastics Additives
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Rubber
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Paints
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Metal Working Fluids
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others   
    8.6    Global Chlorinated Paraffin Wax Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
              8.6.4.1    Historical Trend (2018-2023) 
              8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Chlorinated Paraffin Wax Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Chlorinated Paraffin Wax Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Chlorinated Paraffin Wax Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Chlorinated Paraffin Wax Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Chlorinated Paraffin Wax Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    INOVYN
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    NCP Chlorchem
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Dover Chemical Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Vantage Leuna GmbH
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    JSC Kaustik
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Chlorinated Paraffin Wax Market: Key Industry Highlights, 2018 and 2032
2.    Global Chlorinated Paraffin Wax Historical Market: Breakup by Grade (USD Billion), 2018-2023
3.    Global Chlorinated Paraffin Wax Market Forecast: Breakup by Grade (USD Billion), 2024-2032
4.    Global Chlorinated Paraffin Wax Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Chlorinated Paraffin Wax Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Chlorinated Paraffin Wax Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Chlorinated Paraffin Wax Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Chlorinated Paraffin Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Chlorinated Paraffin Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Chlorinated Paraffin Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Chlorinated Paraffin Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Chlorinated Paraffin Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Chlorinated Paraffin Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Chlorinated Paraffin Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Chlorinated Paraffin Wax Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Chlorinated Paraffin Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Chlorinated Paraffin Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Chlorinated Paraffin Wax Market Structure

Key Questions Answered in the Report

In 2023, the global chlorinated paraffin wax market attained a value of USD 31.39 billion.

The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 42.85 billion by 2032. 

The major drivers of the market, such as the increasing demand from the end use applications of the product and growing urbanisation, especially in the emerging economies, are expected to support the demand for chlorinated paraffin wax.

The key trends guiding the growth of the market include the technological developments and increased demand for PVC content in products such as sheets, tubes, pipes, wires, and cables.

The major regions of the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

Short chain, medium chain, and long chain are the major grades in the market.

The major applications of the product are lubricant additives, plastics additives, rubber, paints, and metal working fluids, among others. 

The major players in the market are INOVYN, NCP Chlorchem, Dover Chemical Corporation, Vantage Leuna GmbH, and JSC Kaustik, among others. 

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