Global Chlorinated Paraffins Market – Extensive Use in PVC Applications Drives Growth | Technavio

December 10, 2017

LONDON–(BUSINESS WIRE)–#Research–According to the latest market study released by Technavio,
the global
chlorinated paraffins market is expected to grow at a CAGR of close
to 5% during the forecast period, according to their latest report.

The report further segments the global chlorinated paraffins market by
application (metalworking fluids, rubber, and paints and coatings) and
by geography (APAC, North America, Europe, and ROW).

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Technavio analysts highlight the following three market drivers that are
contributing to the growth of the global chlorinated paraffins market:

Extensive use of chlorinated paraffins in PVC applications
Increasing demand for PVC from the construction industry
Advantages of using chlorinated paraffins as metalworking fluids

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Extensive use of chlorinated paraffins in PVC applications

Chlorinated
paraffins are considered as one of the most important secondary
plasticizers for PVC and can moderately replace phthalates and phosphate
esters, which are primary plasticizers. Advantages of chlorinated
paraffins over conventional plasticizers can be attributed to its
increase in flexibility of materials, along with increasing its flame
retardancy and low-temperature strength. In the production of PVC
flooring and cables, the use of chlorinated paraffins in PVC imparts
many technical benefits, of which the enrichment of flame-retardant
properties is the most significant one.

According to Ajay Adikhari, a lead analyst at Technavio for specialty
chemicals, “Chlorinated paraffin grades containing higher
chlorine content are used as flame retardants in a considerable range of
PVC compounds and PVC tubing pipes and is preferred over phosphate and
bromine-based additives.”

Increasing demand for PVC from the construction industry

The increase in consumption in PVC compounding and lubricant industries
and the increased use of PVC in the automobile and construction
industries has resulted in escalation of demand for chlorinated
paraffins. It is used extensively in manufacturing various products such
as profiles and tubes, film and sheets, pipe and fittings, bottles, and
wire and cables.

Development and innovation in the industry can be associated with the
increasing demand for PVC and policies regarding emission control and
use of eco-friendly products. APAC has been leading the PVC market and
is expected to retain its position during the forecast period. PVC has
been used extensively in a wide range of construction products for over
half a century owing to its characteristics, such as lightweight,
strength, durability, and versatility.

Advantages of using chlorinated paraffins as metalworking fluids

Every metalworking operation needs specific fluid characteristics
depending on the metal and operational condition. Chlorinated
paraffins are used in metalworking fluids as extreme pressure
additives, permitting the machining of difficult-to-machine materials.
An equilibrium between chlorine content and viscosity is required.
Advantages such as versatility enable chlorinated paraffins to be used
in both oil-based and water-based formulations; ease of formulation;
active functioning in a wide range of temperatures and conditions; and
lightness of the color.

“Chlorinated paraffins are beneficial in every metalworking
operations. One of the major advantages of using chlorinated paraffins
is that it increases the tool life, which is a critical parameter for
every machine shop. They are cost effective and is considered safe to be
used by humans and has no negative impact on the environment,” says
Ajay.

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