The chlorinated paraffin market size has grown steadily in recent years. It will grow from $2.21 billion in 2024 to $2.32 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to increased demand for PVC, increased partnerships and collaborations, supportive government initiatives, and easy availability of raw materials.
The chlorinated paraffin market size is expected to see strong growth in the next few years. It will grow to $2.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growth in the manufacturing sector, increasing demand for automobiles, an increase in investments, and increasing demand from the construction sector. Major trends in the forecast period include a focus on collaborating with other companies for their market growth and product expansion, a focus on mergers and acquisitions to acquire more production capabilities, and a focus on increasing investments and expanding product portfolios.
The chlorinated paraffin market is anticipated to experience growth, driven by the increasing demand for PVC pipes and flooring. Chlorinated paraffin serves as a secondary plasticizer for various construction materials, including polyvinyl chloride (PVC) pipes, cables, paints, flexible CPVC pipes, and flooring used in the construction industry. The rising demand for PVC is notable in residential construction, contributing to the expected growth of the construction industry, projected to reach $738.5 billion by 2022, according to Invest India. This growth in construction is poised to generate higher revenues for the chlorinated paraffin market.
The anticipated growth in the manufacturing sector is expected to drive demand for chlorinated paraffin during the forecast period. Numerous companies are involved in manufacturing equipment and machinery, aerospace components, building materials, packaging, and metal products. Chlorinated paraffin is utilized across various manufacturing industries due to its exceptional flame-retardant properties, compatibility with oils, low-temperature strength, flame resistance, inertness, low-temperature flexibility, stain resistance, and chemical resistance. It is also employed for impregnating a wide range of fabrics and textiles because of its flame-retardant qualities and in the production of fireproof paints and coatings. For example, in July 2023, Eurostat, a UK-based government statistical agency, reported a 0.2% increase in industrial output in the European area. Additionally, a 0.1% rise was noted in the European Union between May and April 2023. Thus, the growth in the manufacturing sector will foster the chlorinated paraffin market.
Key trend in the chlorinated paraffin market include the introduction of post-consumer recycled (PCR) plastics. PCR plastics are derived from recycled materials, undergo sterilization, and are utilized in the production of polypropylene (PP) through the polymerization of propene monomer packages. Major companies are actively pursuing sustainable packaging solutions to appeal to a broader consumer base and stay competitive in the business landscape. For example, in October 2022, NOVA Chemicals Corporation, a Canada-based petrochemical company, launched EX-PCR-NC4, a novel mechanically recycled polyethylene resin. This product enables converters and brand owners to meet sustainability goals without compromising packaging performance in applications such as shrink, e-commerce, heavy-duty sacks, and protective packaging. EX-PCR-NC4, containing 100% post-consumer recycled polyethylene (rPE), offers flexible design options to reduce packaging carbon footprints and address climate change.
With the potential for increased profits, major companies are ramping up their investments in the chlorinated paraffin market. These investments have come through various mergers and venture capital initiatives, helping to generate revenues and broaden product portfolios. As a result, large pharmaceutical companies have reported higher profits and increased market shares in the global chlorinated paraffin market. For example, in January 2022, Altair Chimica, an Italy-based chemical company, installed a new reactor for ‘eco-bio’ chlorinated paraffin, emphasizing innovation, biodegradability, and environmental sustainability. Additionally, in March 2023, Payal Group, an industrial product manufacturer from India, officially launched a 35-kilo-tonne per annum (KTA) expansion for chlorinated paraffin production at its integrated primary and secondary plasticizer manufacturing facility in Dahej, Gujarat. With this project completed, the facility's capacity for producing chlorinated paraffin has increased to 70 KTA, positioning it among the top three producers in India. This expansion aims to support the region's growing downstream PVC industry and boost exports of secondary plasticizers.
In March 2022, AWAX S.p.A., a chemicals company based in Germany, acquired Sasol Wax GmbH for an undisclosed amount. The acquisition aims to enhance Wax's product portfolio and strengthen its presence in the European market. Sasol Wax GmbH, also based in Germany, specializes in manufacturing and supplying a wide range of wax products, including paraffin wax.
Major companies operating in the chlorinated paraffin market include INOVYN, Grasim Industries Limited, Ajinomoto Co. Inc., JSC Kaustik, Dover Chemical Corporation, LEUNA-Tenside GmbH, Altair Chimica SpA, NCP Chlorchem, Guangzhou Jiangyan Chemical Co Ltd, KLJ Group, Flow Tech Group of Industries, Handy Chemical Corporation Ltd, Huaxia Chemical Factory, East Huge Dragon Chemical, Fuyang Jingcheng Chemical, Wenxian Sanxing Chemical, Jiaozuo Houji Chemical, Lvbang Fine Chemical, Caffaro Industrie S.p.A, Quimica Del Cinca S.A, H&R Group - Hansen und Rosenthal, Akzo Nobel Group, Beckers Group, Sovcomflot, Kazanorgsintez PJSC, Flügger Sp. z o.o, Placoma Sp. z o.o. Sp.k, Chimcomplex SA Borzesti, Qualice LLC, Vantage Specialty Chemicals, ICL Group Ltd, Du Pont Africa, Bayer Africa, Shell Africa.
Asia-Pacific was the largest region in the chlorinated paraffin market in 2024. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the chlorinated paraffin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chlorinated paraffin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Chlorinated paraffin refers to straight-chain hydrocarbons chlorinated to various extents. It's produced by chlorinating paraffin fractions obtained from petroleum distillation. These complex mixtures of polychlorinated n-alkanes are commonly used as plasticizers in PVC compounds for applications such as PVC flooring, cable coatings, wires, cloth coatings, and lubricants.
Different types in the chlorinated paraffin market include short-chain, medium-chain, and long-chain variants. Short-chain types act as secondary plasticizers and flame retardants, medium-chain types serve as extreme pressure additives in metalworking fluids, and long-chain types find use in leather, paints, and coatings. Market applications include lubricating additives, plastic additives, metalworking fluids, flame retardants, and more, catering to end-users such as paint & coatings, rubber manufacturing, and others.
The chlorinated paraffin market research report is one of a series of new reports that provides chlorinated paraffin market statistics, including chlorinated paraffin industry global market size, regional shares, competitors with a Chlorinated Paraffin market share, detailed chlorinated paraffin market segments, market trends, and opportunities, and any further data you may need to thrive in the chlorinated paraffin industry. This chlorinated paraffin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The chlorinated paraffin market consists of sales of different grades of chlorinated paraffins including l-grade, m-grade, and h-grade. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The chlorinated paraffin market size is expected to see strong growth in the next few years. It will grow to $2.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growth in the manufacturing sector, increasing demand for automobiles, an increase in investments, and increasing demand from the construction sector. Major trends in the forecast period include a focus on collaborating with other companies for their market growth and product expansion, a focus on mergers and acquisitions to acquire more production capabilities, and a focus on increasing investments and expanding product portfolios.
The chlorinated paraffin market is anticipated to experience growth, driven by the increasing demand for PVC pipes and flooring. Chlorinated paraffin serves as a secondary plasticizer for various construction materials, including polyvinyl chloride (PVC) pipes, cables, paints, flexible CPVC pipes, and flooring used in the construction industry. The rising demand for PVC is notable in residential construction, contributing to the expected growth of the construction industry, projected to reach $738.5 billion by 2022, according to Invest India. This growth in construction is poised to generate higher revenues for the chlorinated paraffin market.
The anticipated growth in the manufacturing sector is expected to drive demand for chlorinated paraffin during the forecast period. Numerous companies are involved in manufacturing equipment and machinery, aerospace components, building materials, packaging, and metal products. Chlorinated paraffin is utilized across various manufacturing industries due to its exceptional flame-retardant properties, compatibility with oils, low-temperature strength, flame resistance, inertness, low-temperature flexibility, stain resistance, and chemical resistance. It is also employed for impregnating a wide range of fabrics and textiles because of its flame-retardant qualities and in the production of fireproof paints and coatings. For example, in July 2023, Eurostat, a UK-based government statistical agency, reported a 0.2% increase in industrial output in the European area. Additionally, a 0.1% rise was noted in the European Union between May and April 2023. Thus, the growth in the manufacturing sector will foster the chlorinated paraffin market.
Key trend in the chlorinated paraffin market include the introduction of post-consumer recycled (PCR) plastics. PCR plastics are derived from recycled materials, undergo sterilization, and are utilized in the production of polypropylene (PP) through the polymerization of propene monomer packages. Major companies are actively pursuing sustainable packaging solutions to appeal to a broader consumer base and stay competitive in the business landscape. For example, in October 2022, NOVA Chemicals Corporation, a Canada-based petrochemical company, launched EX-PCR-NC4, a novel mechanically recycled polyethylene resin. This product enables converters and brand owners to meet sustainability goals without compromising packaging performance in applications such as shrink, e-commerce, heavy-duty sacks, and protective packaging. EX-PCR-NC4, containing 100% post-consumer recycled polyethylene (rPE), offers flexible design options to reduce packaging carbon footprints and address climate change.
With the potential for increased profits, major companies are ramping up their investments in the chlorinated paraffin market. These investments have come through various mergers and venture capital initiatives, helping to generate revenues and broaden product portfolios. As a result, large pharmaceutical companies have reported higher profits and increased market shares in the global chlorinated paraffin market. For example, in January 2022, Altair Chimica, an Italy-based chemical company, installed a new reactor for ‘eco-bio’ chlorinated paraffin, emphasizing innovation, biodegradability, and environmental sustainability. Additionally, in March 2023, Payal Group, an industrial product manufacturer from India, officially launched a 35-kilo-tonne per annum (KTA) expansion for chlorinated paraffin production at its integrated primary and secondary plasticizer manufacturing facility in Dahej, Gujarat. With this project completed, the facility's capacity for producing chlorinated paraffin has increased to 70 KTA, positioning it among the top three producers in India. This expansion aims to support the region's growing downstream PVC industry and boost exports of secondary plasticizers.
In March 2022, AWAX S.p.A., a chemicals company based in Germany, acquired Sasol Wax GmbH for an undisclosed amount. The acquisition aims to enhance Wax's product portfolio and strengthen its presence in the European market. Sasol Wax GmbH, also based in Germany, specializes in manufacturing and supplying a wide range of wax products, including paraffin wax.
Major companies operating in the chlorinated paraffin market include INOVYN, Grasim Industries Limited, Ajinomoto Co. Inc., JSC Kaustik, Dover Chemical Corporation, LEUNA-Tenside GmbH, Altair Chimica SpA, NCP Chlorchem, Guangzhou Jiangyan Chemical Co Ltd, KLJ Group, Flow Tech Group of Industries, Handy Chemical Corporation Ltd, Huaxia Chemical Factory, East Huge Dragon Chemical, Fuyang Jingcheng Chemical, Wenxian Sanxing Chemical, Jiaozuo Houji Chemical, Lvbang Fine Chemical, Caffaro Industrie S.p.A, Quimica Del Cinca S.A, H&R Group - Hansen und Rosenthal, Akzo Nobel Group, Beckers Group, Sovcomflot, Kazanorgsintez PJSC, Flügger Sp. z o.o, Placoma Sp. z o.o. Sp.k, Chimcomplex SA Borzesti, Qualice LLC, Vantage Specialty Chemicals, ICL Group Ltd, Du Pont Africa, Bayer Africa, Shell Africa.
Asia-Pacific was the largest region in the chlorinated paraffin market in 2024. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the chlorinated paraffin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chlorinated paraffin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Chlorinated paraffin refers to straight-chain hydrocarbons chlorinated to various extents. It's produced by chlorinating paraffin fractions obtained from petroleum distillation. These complex mixtures of polychlorinated n-alkanes are commonly used as plasticizers in PVC compounds for applications such as PVC flooring, cable coatings, wires, cloth coatings, and lubricants.
Different types in the chlorinated paraffin market include short-chain, medium-chain, and long-chain variants. Short-chain types act as secondary plasticizers and flame retardants, medium-chain types serve as extreme pressure additives in metalworking fluids, and long-chain types find use in leather, paints, and coatings. Market applications include lubricating additives, plastic additives, metalworking fluids, flame retardants, and more, catering to end-users such as paint & coatings, rubber manufacturing, and others.
The chlorinated paraffin market research report is one of a series of new reports that provides chlorinated paraffin market statistics, including chlorinated paraffin industry global market size, regional shares, competitors with a Chlorinated Paraffin market share, detailed chlorinated paraffin market segments, market trends, and opportunities, and any further data you may need to thrive in the chlorinated paraffin industry. This chlorinated paraffin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The chlorinated paraffin market consists of sales of different grades of chlorinated paraffins including l-grade, m-grade, and h-grade. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Chlorinated Paraffin Market Characteristics3. Chlorinated Paraffin Market Trends and Strategies4. Chlorinated Paraffin Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Chlorinated Paraffin Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Chlorinated Paraffin Market34. Recent Developments in the Chlorinated Paraffin Market
5. Global Chlorinated Paraffin Growth Analysis and Strategic Analysis Framework
6. Chlorinated Paraffin Market Segmentation
7. Chlorinated Paraffin Market Regional and Country Analysis
8. Asia-Pacific Chlorinated Paraffin Market
9. China Chlorinated Paraffin Market
10. India Chlorinated Paraffin Market
11. Japan Chlorinated Paraffin Market
12. Australia Chlorinated Paraffin Market
13. Indonesia Chlorinated Paraffin Market
14. South Korea Chlorinated Paraffin Market
15. Western Europe Chlorinated Paraffin Market
16. UK Chlorinated Paraffin Market
17. Germany Chlorinated Paraffin Market
18. France Chlorinated Paraffin Market
19. Italy Chlorinated Paraffin Market
20. Spain Chlorinated Paraffin Market
21. Eastern Europe Chlorinated Paraffin Market
22. Russia Chlorinated Paraffin Market
23. North America Chlorinated Paraffin Market
24. USA Chlorinated Paraffin Market
25. Canada Chlorinated Paraffin Market
26. South America Chlorinated Paraffin Market
27. Brazil Chlorinated Paraffin Market
28. Middle East Chlorinated Paraffin Market
29. Africa Chlorinated Paraffin Market
30. Chlorinated Paraffin Market Competitive Landscape and Company Profiles
31. Chlorinated Paraffin Market Other Major and Innovative Companies
35. Chlorinated Paraffin Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Chlorinated Paraffin Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on chlorinated paraffin market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for chlorinated paraffin? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The chlorinated paraffin market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Short Chain, Medium Chain, Long Chain2) By Application: Lubricating Additives, Plastic Additives, Flame Retardants, Metal Working Fluids, Other Applications
3) By End-User: Paint and Coatings, Manufacturing, Plastics, Rubber, Other End-Users
Subsegments:
1) By Short Chain: Typically Containing 10 To 13 Carbon Atoms; Used in Applications Such As Metalworking Fluids and Plasticizers2) By Medium Chain: Typically Containing 14 To 17 Carbon Atoms; Commonly Used in Applications Like Lubricants, Sealants, and Coatings
3) By Long Chain: Typically Containing 18 or More Carbon Atoms; Primarily Used in Applications Such As Flame Retardants and Additives For Plastics
Key Companies Mentioned: INOVYN; Grasim Industries Limited; Ajinomoto Co. Inc.; JSC Kaustik; Dover Chemical Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- INOVYN
- Grasim Industries Limited
- Ajinomoto Co. Inc.
- JSC Kaustik
- Dover Chemical Corporation
- LEUNA-Tenside GmbH
- Altair Chimica SpA
- NCP Chlorchem
- Guangzhou Jiangyan Chemical Co Ltd
- KLJ Group
- Flow Tech Group of Industries
- Handy Chemical Corporation Ltd
- Huaxia Chemical Factory
- East Huge Dragon Chemical
- Fuyang Jingcheng Chemical
- Wenxian Sanxing Chemical
- Jiaozuo Houji Chemical
- Lvbang Fine Chemical
- Caffaro Industrie S.p.A
- Quimica Del Cinca S.A
- H&R Group - Hansen und Rosenthal
- Akzo Nobel Group
- Beckers Group
- Sovcomflot
- Kazanorgsintez PJSC
- Flügger Sp. z o.o
- Placoma Sp. z o.o. Sp.k
- Chimcomplex SA Borzesti
- Qualice LLC
- Vantage Specialty Chemicals
- ICL Group Ltd
- Du Pont Africa
- Bayer Africa
- Shell Africa.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 2.32 Billion |
| Forecasted Market Value ( USD | $ 2.94 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 34 |
