Chlorinated Paraffin Market Size & Share 2017 - 2024

Report ID: GMI2216
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Published Date: November 2017
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Chlorinated Paraffin Market Size

Chlorinated Paraffin Market size was estimated over USD 1.6 billion in 2016 and the industry will grow by a CAGR more than 3% up to 2024.
 

U.S. Chlorinated Paraffin Market by Application

Chlorinated paraffin market will witness growth as an additive material to produce various metal working fluids and plastic products. Growth in manufacturing sector will drive the market demand as several companies are engaged in manufacturing of equipment & machineries, automobiles, metal products, etc., especially in the Asia Pacific region. For an instance, in 2016, Indian manufacturing sector contributed over USD 310 billion to GDP and foreign direct investment (FDI) reached over USD 70 billion in 2017 with major multinational companies being attracted to the high availability of cost efficient human resource in the country.
 

Increasing demand for automobiles, building & construction materials, rubber & plastic products, etc. will positively influence the manufacturing domain growth in coming years due to the upsurge in purchasing power coupled with changing consumer lifestyle. The product is excessively used in the formulation of metal cutting fluids, added in PVC to produce numerous products and also used as plasticizer in rubber and plastic products in order to impart the flexibility and flame-retardant quality. This in turn, will support the market penetration in the near future.
 

Increasing usage of flame retardants in myriad end-user domains such as paints & coatings, electronics & appliances, building & construction, etc. will propel the industry growth by 2024. This is all due to the implementation of regulations such as NFPA 255, NFPA 220, NFPA 703, CFPA, etc. regarding the fire safety in countries including the U.S., Germany, Singapore, Australia and Japan. These factors will significantly enhance the market demand from 2017 to 2024.
 

 

Positive trend towards the acceptance of bio-based products, green environmental image and volatility in raw material prices are the crucial reasons for restraining the market growth in future. Internal substitution, such as declining the usage of short chain grade and replacing with medium one in several end-user industries due to the potential prohibition in developed regions, may also hinder the industry growth in coming years.
 

Chlorinated Paraffin Market Analysis

Medium-chain (M-chain) grade accounted for more than half of the total market share in 2016 and will grow at a significant rate in coming years. The grade is primarily used as a plasticizer in the synthetic rubber processing sector due to its good stability, full compatibility, non-flammability, and other features. The carbon chain length of M-chain grade is usually between 14 – 17 carbon atoms with 40 – 70% chlorine content. Resistance against extrusion, low volatility, excellent chemical stability, non-toxic and moisture proof are key characteristics of the product and makes it ideal as a lubricant and metal working fluid additive in the manufacturing sector. The M grade is cost effective which enhances its application in myriad end-user domains such as adhesives, sealants, commercial paints, etc. and will strengthen the chlorinated paraffin market penetration in forecast period.
 

Long-chain grade held a prominent market share in past couple of years and significant revenue generation can be attributed to extensive usage of the product in many end-user domains such as in paints & coatings, manufacturing, leather, rubber, etc. as a flame retardant, plasticizer, lubricating additive, etc. These provides various technical benefits and will augment the market demand over the forecast time frame.
 

Metal working fluids dominated the overall chlorinated paraffin market with over 30% revenue share in 2016 and is likely to grow at a substantial rate by 2024. Extensive usage of the product in several manufacturing sectors such as automotive, aerospace, etc. due to its extreme flame retardant properties, compatibility with oils and other features. Growth in manufacturing sector will propel the segment demand in the market over the forecast period.
 

Plastics additive is the fastest growing application domain and is likely to expand with CAGR close to 3.5% by 2024. High consumption of the product for the production of PVC products, plastics and other industrial products owing to its outstanding fire resistance, flexibility, conditioning and other mechanical features. This will boost the market demand in future.
 

Considering end-user segments, the market is segregated as manufacturing, rubber, paints & coatings, leather and textile industries. Other minor end-user segment comprises adhesives & sealants, plastics, etc. Manufacturing and rubber industries, collectively will grow at a significant CAGR more than 3% in the forecast spell due to the increasing usage of rubber and flame retardants products in automobiles, buildings, packaging, etc. This in turn, will propel the chlorinated paraffin market growth by 2024.
 

Growth in the rubber industry is attributed to the product features such as compatibility with oils, flame retardancy, water & chemical resistance, and viscous nature, which makes it perfect to produce the rubber products such as cable, toys, conveyer belts, carpet backing, etc. and will fuel the segment growth over forecast period.
 

Asia Pacific chlorinated paraffin market will be expanding at a CAGR over 3.5% by 2024. Growth of textile and manufacturing sectors driven by substantial rise in personal income level coupled with improved monetary condition is the key factor supporting the market growth in forecast spell. Continuous production of all grades of chlorinated paraffin in China and India is likely to expand and will significantly impact the product demand in these regions.
 

North America is likely to lose its market share in forecast period due to the stringent regulations regarding the usage of short chain grade in the U.S. Increased emphasis on green products and rising demand for bio based products will also restrict the market growth in this region. Europe and Latin America will also show the sluggish growth in the market over the forecast time years owing to the economic slowdowns in the regions.
 

Chlorinated Paraffin Market Share

  • Dover Chemical
  • INOVYN
  • INEOS Chlor
  • United Group
  • Aditya Birla Chemicals
  • Ajinomoto Fine-Techno
  • JSC Kaustik
  • LEUNA-Tenside GmbH
  • Altair Chimica SpA
  • Caffaro Industrie
  • Handy Chemical Corporation Ltd
  • Quimica del Cinca, S.A
  • Makwell Group

are the prominent players in the chlorinated paraffin market.
 

Dover Chemical held a significant share in the market and also engages in the formulation of biodegradable chlorinated paraffins in order to keep the green image across the North America. Hence, the company has a significant competitive edge in the market.
 

Industry Background

Increasing demand across various end-user industries coupled with product development will likely to fuel the chlorinated paraffin industry growth at the of forecast period. Extensive usage of the product as flame retardants, lubricating & plastics additives, metal working fluids additives in manufacturing, paints & coatings, textiles, rubbers and other industries will influence the industry in coming years. Additionally, production expansion in Asia Pacific region is likely to boost the market growth.

Authors: Kiran Pulidindi, Kavita Yadav
Chlorinated Paraffin Market Scope
  • Chlorinated Paraffin Market Size
  • Chlorinated Paraffin Market Trends
  • Chlorinated Paraffin Market Analysis
  • Chlorinated Paraffin Market Share

Report Content

Chapter 1. Methodology and Scope

1.1.  Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Definitions & forecast parameters

1.2.  Data sources

1.2.1.   Secondary

1.2.2.   Primary

Chapter 2. Executive Summary

2.1.  Chlorinated paraffin industry 360° synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Grade by application trends

2.1.3.   Application trends

2.1.4.   End-user trends

2.1.5.   Regional trends

Chapter 3. Chlorinated Paraffin Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1.   Vendor matrix

3.3.2.   Distributor channel analysis

3.3.3.   Profit margin analysis

3.3.4.   Value addition at each stage

3.4.  Raw material analysis

3.5.  Industry impact forces

3.5.1.   Growth drivers

3.5.1.1.    Growth in manufacturing industry

3.5.1.2.    Increasing usage of flame retardants in myriad end-use domains

3.5.1.3.    Growth in plastic industry

3.5.2.   Industry pitfalls & challenges

3.5.2.1.    Availability of substitute product

3.5.2.2.    Stringent environmental regulation

3.6.  Growth potential analysis

3.7.  Porter’s analysis

3.8.  Technology trends

3.9.  Regulatory trends

3.10.    Company market share analysis, 2016

3.10.1.   Strategic landscape

3.11.  PESTEL analysis

3.12.  Pricing analysis

3.12.1.   Regional pricing

3.12.2.   Cost structure analysis

Chapter 4.  Chlorinated Paraffin Market, By Grade By Application

4.1.  Global chlorinated paraffin market share by grade by grade by application, 2016 & 2024

4.2.  Short-chain grade

4.2.1.   Market estimates and forecasts, by application, 2013 – 2024

·    Lubricating additives

·    Plastics additives

·    Flame retardants

·    Metal Working Fluids

·    Others

4.2.2.   Market estimates and forecasts by region, 2013 – 2024

4.3.  Medium-chain grade

4.3.1.   Market estimates and forecasts, by application, 2013 – 2024

·    Lubricating additives

·    Plastics additives

·    Flame retardants

·    Metal Working Fluids

·    Others

4.3.2.   Market estimates and forecasts by region, 2013 – 2024

4.4.  Long-chain grade

4.4.1.   Market estimates and forecasts, by application, 2013 – 2024

·    Lubricating additives

·    Plastics additives

·    Flame retardants

·    Metal Working Fluids

·    Others

4.4.2.   Market estimates and forecasts by region, 2013 – 2024

Chapter 5. Chlorinated Paraffin Market, By Application

5.1.  Global Chlorinated paraffin market share by application, 2016 & 2024

5.2.  Lubricating additive

5.2.1.   Market estimates and forecasts, 2013 - 2024

5.2.2.   Market estimates and forecasts by region, 2013 – 2024

5.3.  Plastics additive

5.3.1.   Market estimates and forecasts, 2013 - 2024

5.3.2.   Market estimates and forecasts by region, 2013 – 2024

5.4.  Metal working fluids

5.4.1.   Market estimates and forecasts, 2013 - 2024

5.4.2.   Market estimates and forecasts by region, 2013 – 2024

5.5.  Flame retardants

5.5.1.   Market estimates and forecasts, 2013 - 2024

5.5.2.   Market estimates and forecasts by region, 2013 – 2024

5.6.  Others

5.6.1.   Market estimates and forecasts, 2013 - 2024

5.6.2.   Market estimates and forecasts by region, 2013 – 2024

Chapter 6. Chlorinated Paraffin Market, By End-user

6.1.  Global Chlorinated paraffin market share by end-user, 2016 & 2024

6.2.  Paints & coatings

6.2.1.   Market estimates and forecasts, 2013 - 2024

6.2.2.   Market estimates and forecasts by region, 2013 – 2024

6.3.  Rubber

6.3.1.   Market estimates and forecasts, 2013 - 2024

6.3.2.   Market estimates and forecasts by region, 2013 – 2024

6.4.  Manufacturing

6.4.1.   Market estimates and forecasts, 2013 - 2024

6.4.2.   Market estimates and forecasts by region, 2013 – 2024

6.5.  Textile

6.5.1.   Market estimates and forecasts, 2013 - 2024

6.5.2.   Market estimates and forecasts by region, 2013 – 2024

6.6.  Leather

6.6.1.   Market estimates and forecasts, 2013 - 2024

6.6.2.   Market estimates and forecasts by region, 2013 – 2024

6.7.  Others

6.7.1.   Market estimates and forecasts, 2013 - 2024

6.7.2.   Market estimates and forecasts by region, 2013 – 2024

Chapter 7. Chlorinated paraffin Market, By Region

7.1.  Global Chlorinated paraffin market share by region, 2016 & 2024

7.2.  North America

7.2.1.   North America market estimates and forecast, 2013 - 2024

7.2.2.   North America market estimates and forecasts by grade by application, 2013 – 2024

7.2.3.   North America market estimates and forecasts by application, 2013 – 2024

7.2.4.   North America market estimates and forecasts by end-user, 2013 – 2024

7.2.5.   U.S.

7.2.5.1.    U.S. market estimates and forecast, 2013 - 2024

7.2.5.2.    U.S. market estimates and forecasts by grade by application, 2013 – 2024

7.2.5.3.    U.S. market estimates and forecasts by application, 2013 – 2024

7.2.5.4.    U.S. market estimates and forecasts by end-user, 2013 – 2024

7.2.6.   Canada

7.2.6.1.    Canada market estimates and forecast, 2013 - 2024

7.2.6.2.    Canada market estimates and forecasts by grade by application, 2013 – 2024

7.2.6.3.    Canada market estimates and forecasts by application, 2013 – 2024

7.2.6.4.    Canada market estimates and forecasts by end-user, 2013 – 2024

7.3.  Europe

7.3.1.   Europe market estimates and forecast, 2013 - 2024

7.3.2.   Europe market estimates and forecasts by grade by application, 2013 – 2024

7.3.3.   Europe market estimates and forecasts by application, 2013 – 2024

7.3.4.   Europe market estimates and forecasts by end-user, 2013 – 2024

7.3.5.   Germany

7.3.5.1.    Germany market estimates and forecast, 2013 - 2024

7.3.5.2.    Germany market estimates and forecasts by grade by application, 2013 – 2024

7.3.5.3.    Germany market estimates and forecasts by application, 2013 – 2024

7.3.5.4.    Germany market estimates and forecasts by end-user, 2013 – 2024

7.3.6.   UK

7.3.6.1.    UK market estimates and forecast, 2013 - 2024

7.3.6.2.    UK market estimates and forecasts by grade by application, 2013 – 2024

7.3.6.3.    UK market estimates and forecasts by application, 2013 – 2024

7.3.6.4.    UK market estimates and forecasts by end-user, 2013 – 2024

7.3.7.   France

7.3.7.1.    France market estimates and forecast, 2013 - 2024

7.3.7.2.    France market estimates and forecasts by grade by application, 2013 – 2024

7.3.7.3.    France market estimates and forecasts by application, 2013 – 2024

7.3.7.4.    France market estimates and forecasts by end-user, 2013 – 2024

7.3.8.   Spain

7.3.8.1.    Spain market estimates and forecast, 2013 - 2024

7.3.8.2.    Spain market estimates and forecasts by grade by application, 2013 – 2024

7.3.8.3.    Spain market estimates and forecasts by application, 2013 – 2024

7.3.8.4.    Spain market estimates and forecasts by end-user, 2013 – 2024

7.3.9.   Italy

7.3.9.1.    Italy market estimates and forecast, 2013 - 2024

7.3.9.2.    Italy market estimates and forecasts by grade by application, 2013 – 2024

7.3.9.3.    Italy market estimates and forecasts by application, 2013 – 2024

7.3.9.4.    Italy market estimates and forecasts by end-user, 2013 – 2024

7.3.10.   Russia

7.3.10.1.     Russia market estimates and forecast, 2013 - 2024

7.3.10.2.     Russia market estimates and forecasts by grade by application, 2013 – 2024

7.3.10.3.     Russia market estimates and forecasts by application, 2013 – 2024

7.3.10.4.     Russia market estimates and forecasts by end-user, 2013 – 2024

7.4.  Asia Pacific

7.4.1.   Asia Pacific market estimates and forecast, 2013 - 2024

7.4.2.   Asia Pacific market estimates and forecasts by grade by application, 2013 – 2024

7.4.3.   Asia Pacific market estimates and forecasts by application, 2013 – 2024

7.4.4.   Asia Pacific market estimates and forecasts by end-user, 2013 – 2024

7.4.5.   China

7.4.5.1.    China market estimates and forecast, 2013 - 2024

7.4.5.2.    China market estimates and forecasts by grade by application, 2013 – 2024

7.4.5.3.    China market estimates and forecasts by application, 2013 – 2024

7.4.5.4.    China market estimates and forecasts by end-user, 2013 – 2024

7.4.6.   India

7.4.6.1.    India market estimates and forecast, 2013 - 2024

7.4.6.2.    India market estimates and forecasts by grade by application, 2013 – 2024

7.4.6.3.    India market estimates and forecasts by application, 2013 – 2024

7.4.6.4.    India market estimates and forecasts by end-user, 2013 – 2024

7.4.7.   Japan

7.4.7.1.    Japan market estimates and forecast, 2013 - 2024

7.4.7.2.    Japan market estimates and forecasts by grade by application, 2013 – 2024

7.4.7.3.    Japan market estimates and forecasts by application, 2013 – 2024

7.4.7.4.    Japan market estimates and forecasts by end-user, 2013 – 2024

7.4.8.   Australia

7.4.8.1.    Australia market estimates and forecast, 2013 - 2024

7.4.8.2.    Australia market estimates and forecasts by grade by application, 2013 – 2024

7.4.8.3.    Australia market estimates and forecasts by application, 2013 – 2024

7.4.8.4.    Australia market estimates and forecasts by end-user, 2013 – 2024

7.4.9.   Indonesia

7.4.9.1.    Indonesia market estimates and forecast, 2013 - 2024

7.4.9.2.    Indonesia market estimates and forecasts by grade by application, 2013 – 2024

7.4.9.3.    Indonesia market estimates and forecasts by application, 2013 – 2024

7.4.9.4.    Indonesia market estimates and forecasts by end-user, 2013 – 2024

7.4.10.   Malaysia

7.4.10.1.     Malaysia market estimates and forecast, 2013 - 2024

7.4.10.2.     Malaysia market estimates and forecasts by grade by application, 2013 – 2024

7.4.10.3.     Malaysia market estimates and forecasts by application, 2013 – 2024

7.4.10.4.     Malaysia market estimates and forecasts by end-user, 2013 – 2024

7.4.11.   South Korea

7.4.11.1.     South Korea market estimates and forecast, 2013 - 2024

7.4.11.2.     South Korea market estimates and forecasts by grade by application, 2013 – 2024

7.4.11.3.     South Korea market estimates and forecasts by application, 2013 – 2024

7.4.11.4.     South Korea market estimates and forecasts by end-user, 2013 – 2024

7.5.  Latin America (LATAM)

7.5.1.   LATAM market estimates and forecast, 2013 - 2024

7.5.2.   LATAM market estimates and forecasts by grade by application, 2013 – 2024

7.5.3.   LATAM market estimates and forecasts by application, 2013 – 2024

7.5.4.   LATAM market estimates and forecasts by end-user, 2013 – 2024

7.5.5.   Brazil

7.5.5.1.    Brazil market estimates and forecast, 2013 - 2024

7.5.5.2.    Brazil market estimates and forecasts by grade by application, 2013 – 2024

7.5.5.3.    Brazil market estimates and forecasts by application, 2013 – 2024

7.5.5.4.    Brazil market estimates and forecasts by end-user, 2013 – 2024

7.5.6.   Mexico

7.5.6.1.    Mexico market estimates and forecast, 2013 - 2024

7.5.6.2.    Mexico market estimates and forecasts by grade by application, 2013 – 2024

7.5.6.3.    Mexico market estimates and forecasts by application, 2013 – 2024

7.5.6.4.    Mexico market estimates and forecasts by end-user, 2013 – 2024

7.6.  Middle East & Africa (MEA)

7.6.1.   MEA market estimates and forecast, 2013 - 2024

7.6.2.   MEA market estimates and forecasts by grade by application, 2013 – 2024

7.6.3.   MEA market estimates and forecasts by application, 2013 – 2024

7.6.4.   MEA market estimates and forecasts by end-user, 2013 – 2024

7.6.5.   South Africa

7.6.5.1.    South Africa market estimates and forecast, 2013 - 2024

7.6.5.2.    South Africa market estimates and forecasts by grade by application, 2013 – 2024

7.6.5.3.    South Africa market estimates and forecasts by application, 2013 – 2024

7.6.5.4.    South Africa market estimates and forecasts, by end-user 2013 – 2024

7.6.6.   GCC

7.6.6.1.    GCC market estimates and forecast, 2013 - 2024

7.6.6.2.    GCC market estimates and forecasts by grade by application, 2013 – 2024

7.6.6.3.    GCC market estimates and forecasts by application, 2013 – 2024

7.6.6.4.    GCC market estimates and forecasts, by end-user 2013 – 2024

Chapter 8. Company Profiles

Don't see your key competitors?

The companies listed in this report are a curated selection - not the full competitive universe.

Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.

Your competitive landscape may also include

Regional or domestic-only leaders not in the global top tier
Distributors and channel partners who control market access
Emerging disruptors, startups, or adjacent-industry entrants
Niche players focused on a specific application or end-use

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