Chlorinated Paraffin Market: Segmentation Analysis and Forecasts

Chlorinated paraffin is produced by synthesis of chlorine gas unbranched paraffin fractions at temperature range of about 80?100°C.

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Portland, OR -- (SBWire) -- 10/13/2017 --Global Chlorinated Paraffin Market Report, published by Allied Market Research, forecasts that the global market was valued at $1,902 million in 2015, and is expected 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.

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Chlorinated paraffin is added to PVC, to improve its flame retardancy while maintaining the low temperature properties such as strength of plastic. Augment in the global PVC industry is expected to boost chlorinated paraffin market growth in the near future.
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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.

Chlorinated Paraffin Market Key Segments

By Product Type

-Short-chain
-Mid-chain
-Long-chain

By Application

-Lubricating Additives
-Plastics
-Rubber
-Paints
-Metal Working Fluids
-Adhesives

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Allied Market Research
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https://www.alliedmarketresearch.com

View this press release online at: http://rwire.com/877133