Chlorinated Paraffin Market By Product Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Key Regulation Analysis
3.10. Patent Landscape

CHAPTER 4: CHLORINATED PARAFFIN MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Short Chain
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Medium Chain
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Long Chain
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: CHLORINATED PARAFFIN MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Lubricating Additives
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Plastics
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Rubber
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Paints
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6 Metal Working Fluids
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7 Adhesives
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country

CHAPTER 6: CHLORINATED PARAFFIN MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Product Type
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U. S.
6.2.4.1.1 Key market trends, growth factors and opportunities
6.2.4.1.2 Market size and forecast, by Product Type
6.2.4.1.3 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Key market trends, growth factors and opportunities
6.2.4.2.2 Market size and forecast, by Product Type
6.2.4.2.3 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Key market trends, growth factors and opportunities
6.2.4.3.2 Market size and forecast, by Product Type
6.2.4.3.3 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Product Type
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Key market trends, growth factors and opportunities
6.3.4.1.2 Market size and forecast, by Product Type
6.3.4.1.3 Market size and forecast, by Application
6.3.4.2 France
6.3.4.2.1 Key market trends, growth factors and opportunities
6.3.4.2.2 Market size and forecast, by Product Type
6.3.4.2.3 Market size and forecast, by Application
6.3.4.3 Italy
6.3.4.3.1 Key market trends, growth factors and opportunities
6.3.4.3.2 Market size and forecast, by Product Type
6.3.4.3.3 Market size and forecast, by Application
6.3.4.4 UK
6.3.4.4.1 Key market trends, growth factors and opportunities
6.3.4.4.2 Market size and forecast, by Product Type
6.3.4.4.3 Market size and forecast, by Application
6.3.4.5 Spain
6.3.4.5.1 Key market trends, growth factors and opportunities
6.3.4.5.2 Market size and forecast, by Product Type
6.3.4.5.3 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Key market trends, growth factors and opportunities
6.3.4.6.2 Market size and forecast, by Product Type
6.3.4.6.3 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Product Type
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Key market trends, growth factors and opportunities
6.4.4.1.2 Market size and forecast, by Product Type
6.4.4.1.3 Market size and forecast, by Application
6.4.4.2 India
6.4.4.2.1 Key market trends, growth factors and opportunities
6.4.4.2.2 Market size and forecast, by Product Type
6.4.4.2.3 Market size and forecast, by Application
6.4.4.3 Japan
6.4.4.3.1 Key market trends, growth factors and opportunities
6.4.4.3.2 Market size and forecast, by Product Type
6.4.4.3.3 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Key market trends, growth factors and opportunities
6.4.4.4.2 Market size and forecast, by Product Type
6.4.4.4.3 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Key market trends, growth factors and opportunities
6.4.4.5.2 Market size and forecast, by Product Type
6.4.4.5.3 Market size and forecast, by Application
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Key market trends, growth factors and opportunities
6.4.4.6.2 Market size and forecast, by Product Type
6.4.4.6.3 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Product Type
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Key market trends, growth factors and opportunities
6.5.4.1.2 Market size and forecast, by Product Type
6.5.4.1.3 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Key market trends, growth factors and opportunities
6.5.4.2.2 Market size and forecast, by Product Type
6.5.4.2.3 Market size and forecast, by Application
6.5.4.3 South Africa
6.5.4.3.1 Key market trends, growth factors and opportunities
6.5.4.3.2 Market size and forecast, by Product Type
6.5.4.3.3 Market size and forecast, by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Key market trends, growth factors and opportunities
6.5.4.4.2 Market size and forecast, by Product Type
6.5.4.4.3 Market size and forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Players
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES
8.1 Caffaro Industrie
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 DOVER CHEMICAL CORPORATION
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Handy Chemical Corporation, Inc.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Altair Chimica S. p. A.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Aditya Birla Chemicals
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 LEUNA Tenside GmbH
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 KLJ Group
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Qumica del Cinca
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Inovyn
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Ineos Chlor
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Chlorinated Paraffin Market,' the chlorinated paraffin market size was valued at $1.6 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Chlorinated paraffin is colorless or yellowish, viscous, dense oils, except for the chlorinated paraffins of long carbon chain length with high chlorine content (about 70%), which are solid. Chlorinated paraffin offers advantages such as flame retardancy and low-temperature strength as well as increases the flexibility of the materials. They improve the resistance to water and chemicals, which is most suitable when they are used in marine paints as coatings for industrial flooring, vessels, and swimming pools.

Rising demand for chlorinated paraffin in applications such as lubricating additives, plastics, rubber, paints, metal working fluids, and adhesives is predicted to drive chlorinated paraffin market growth during the forecast period. Chlorinated lubricant additives are utilized to improve the qualities of the basic stock under clean, cool, lubricate, and seal. Lubricant additives improve fluid lubricity by adsorbing to form a coating on the metal surface, minimizing metal-to-metal contact.

Chlorinated paraffin is commonly used for cosmetic or spa products, as an adhesive due to the ability to control the viscosity, form fast bonds and provide elongation benefits. Furthermore, it is utilized as a plasticizer as well as flame retardant in sealants, coatings, adhesives, and PVC compounds. It is also suitable for usage in roof coatings and polyvinyl acetate emulsion adhesives. Chlorinated paraffin paint is used to affect the gloss of the completed coating film and to increase its surface hardness, scratch resistance, scuff & mar resistance. Chlorinated paraffin is also used as an extreme pressure additive in metalworking lubricants. It reacts with the surface under high temperature and pressure conditions to offer maximum lubrication. Thus, chlorinated paraffin use is increasing rapidly from various applications, due to which it is expected to witness lucrative growth rate over the forecast period.

Further, chlorinated paraffin is used as a fire retardant, and a secondary plasticizer soft PVC product. Secondary plasticizers are largely used as alternatives to primary plasticizers (phthalates). Chlorinated paraffin is added to PVC, to improve its flame retardancy while maintaining the low-temperature properties such as the strength of plastic. Commercial grades of chlorinated paraffin utilized for PVC commonly have 45%, 52%, and 58% chlorine content. Most commercial chlorinated paraffin products are in liquid state and range from relatively low to high viscosity. Chlorinated paraffin provides enhanced flexibility at lower temperatures than traditional plasticizers. Hence, it is usually added to products which require increased flexibility in colder weather, such as PVC flooring, garden hose, and wires &cables. During the production of PVC, chlorinated paraffin is added to increase its elasticity.

In addition, chlorinated paraffin serves as a viscosity regulator for plastisol. This is incredibly crucial in the production of PVC plastisol. Besides, growth in the global PVC industry is expected to boost the demand for chlorinated paraffin in the near future. In addition to this, technological advances coupled with growth in demand for products with PVC content such as sheets, tubes, pipes, wires, and cables across the globe, are further expected to drive the demand for chlorinated paraffin during the forecast period. However, stringent regulations pertaining to use of short chain chlorinated paraffin in many regions and availability of alternatives is expected to hamper the growth of this chlorinated paraffin industry in the near future.

The chlorinated paraffin market is segmented into product type, application, and region. By product type, the chlorinated paraffin market analysis is categorized into short chain, medium chain, and long chain. On the basis of application, the market is categorized into lubricating additives, plastics, rubber, paints, metal working fluids, and adhesives. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The chlorinated paraffin market share and chlorinated paraffin market trend are analyzed across all significant regions and countries.

The major players operating in the global chlorinated paraffin market include, Aditya Birla Chemicals; Altair Chimica S.p.A.; Caffaro Industrie; Dover Chemical Corporation; Handy Chemical Corporation, Inc.; Ineos Chlor; Inovyn; KLJ Group; LEUNA Tenside GmbH; and Química del Cinca. These players have been adopting numerous strategies in order to gain higher share or to retain leading positions in the market.

COVID-19 Analysis:

The COVID-19 pandemic influenced the global chlorinated paraffin market due to the impact on end-use sectors such as plastics, lubricating additives, metal working fluids, rubber, paints, and adhesives.

The pandemic negatively impacted the rubber industries owing to a decline in rubber demand as containment measures limited economic activities and influenced livelihoods.

However, the increasing demand for lubricating adhesives in industrial applications along with growth in paints and adhesives sector is anticipated to propel the chlorinated paraffin industry's growth in the coming years.

Key Findings Of The Study

By product type, the medium chain segment was the highest revenue contributor to the market in 2021.

On the basis of application, the metal working fluids segment was the highest revenue contributor to the market in 2021, and is growing with a CAGR of 5.7%.

Region-wise, Asia-Pacific was the highest revenue contributor in 2021, growing with a CAGR of 5.7%.

China was the highest revenue contributor in 2021
South Korea and Japan are expected to witness considerable CAGRs of 5.7% and 5.1%, respectively, during the forecast period.

Companies Mentioned

• Caffaro Industrie
• Dover Chemical Corporation
• Handy Chemical Corporation, Inc.
• Altair Chimica S.P.A.
• Aditya Birla Chemicals
• Leuna Tenside GmbH
• Klj Group
• Qumica Del Cinca
• Inovyn
• Ineos Chlor

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.