DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Chlorinated Paraffin Market by Product Type, medium-chain and long-chain, by Application - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The report forecasts the Chlorinated paraffin market to reach $2,426 million by 2022, supported by a CAGR of 3.5% during the forecast period 2016-2022. China is one of the prominent producers of chlorinated paraffin and held nearly one-fifth of the total market in 2015.
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. Chlorinated paraffins are used as extreme pressure additives as metal working lubricants or cutting oils. This is attributed to their compatibility with oils, viscous nature, and property of emancipating hydrochloric acid at high temperatures. 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.
Factors that drive the growth of the global chlorinated paraffin market are rise in PVC and metal working industry coupled with aerospace & industrial sector. In addition, growth in automotive sector is also expected to fuel the demand for chlorinated paraffin in the near future. 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 market in near future.
- Altair Chimica SpA
- INEOS Chlor
- Caffaro Industrie S.p.A.
- Quimica del Cinca, S.A.
- LEUNA-Tenside GmbH
- Dover Chemical Corporation
- Handy Chemical Corporation Ltd.
- Aditya Birla Chemicals
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Chlorinated Paraffin Market, By Product Type
Chapter 5 Global Chlorinated Paraffin Market, By Application
Chapter 6 Global Chlorinated Paraffin Market, By Region
Chapter 7 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/xmnbrt/chlorinated