Profitable Business Ideas in Manufacturing of Chlorinated Paraffin Wax (CPW) Industry. Opportunities in Chlorinated Paraffin’s Project.
Chlorinated Heavy Normal paraffin is a replacement of chlorinated paraffin wax. The method of manufacturing of both the products is the same and so is the end-use. Apart from above the best part of Chlorinated Heavy Normal Paraffin is that in this product maximum Chlorination which can be achieved is 70% while in chlorinated paraffin wax it is 60%. It is used as secondary plasticizer for Polyvinyl Chloride resins, plasticizer extender in synthetic rubber, Nitrocellulose, polystyrene etc. It is also used for impregnating textile and fabrics of all kinds as a flame retardant. It also finds application in paint industry for manufacturing of fire proof paints. It is widely used in foundry industry.
Chlorinated paraffin (CP) is a complex chemical substance used in multiple applications across diverse industries. It is often used as a flame retardant and secondary plasticizer in rubber, paints, adhesives, caulks, sealants and plastics. Another use is as a coolant or lubricant in metal cutting or forming.
Chlorinated paraffin are straight chain hydrocarbons that have been chlorinated. Chlorinated Paraffin are identified on the basis of their carbon chain length and percentage of chlorination with carbon chain length generally ranging from C10 to C 30 and chlorination from 35% to 70% by weight.
Uses
Flame Resistance
Low-temperature Flexibility
Stain Resistance
Resistance to Aqueous Detergent Extraction
Chemical Resistance
Plastisol Viscosity Stability
Market Outlook
The global chlorinated paraffin wax market was valued at US$ 1,647.0 MN in 2018 and is anticipated to expand at a CAGR of 3.3% from 2019 to 2027. Rise in usage of chlorinated paraffin wax as flame retardant is expected to drive the market in the near future. Chlorinated paraffin is produced by synthesis of chlorine gas unbranched paraffin fractions at temperature range of about 80‐100°C. Chlorinated paraffin’s are used as secondary plasticizers for polyvinyl chloride (PVC) and are expected to partially replace primary plasticizers such as phthalates and phosphate esters in the near future. Chlorinated paraffin offers advantages such as flame retardancy and low-temperature strength as well as increases the flexibility of the materials.
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. In addition, technological advances coupled with escalating demand for products with PVC content such as sheets, tubes, pipes, wires, and cables across the globe, is expected to drive the demand for chlorinated paraffin. The global chlorinated paraffin market growth is characterized by vivid opportunities to market players, owing to disposable incomes and rapid growth in the global economy.
Global Chlorinated Paraffin Wax Market, By Grade
The market can be fragmented into lubricating additives, plastic additives, flame retardants, metal working fluids, plastics and adhesives. Metal working fluid dominates the market due to extensive use of the product in various manufacturing sectors such as aerospace, automotive and others. its use for production of various PVC products, plastics and other industrial products. Based on end user, the market can be categorized into paint & coatings, rubber, manufacturing, textile, leather and others.
Regionally, the chlorinated paraffin wax market is gaining traction and is expanding to various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia Pacific region is expected to dominate the global chlorinated paraffin wax market owing to the growth of textile and manufacturing sectors in the region
Kay players
Ajinomoto Fine-Techno Co. Inc., Dover Chemical Corporation, JSC Kaustik, Caffaro Industrie S.p.A, INOVYN Enterprises Limited, Flow Tech Group of Industries, Aditya Birla Chemicals Limited, Handy Chemical Corporation Ltd., Altair Chimica SpA, Quimica Del Cinca, S.A. INOVYN, NCP Chlorchem, Dover Chemical Corporation, LEUNA-Tenside GmbH, Química Del Cinca, JSC Kaustik, KLJ Group, Qualice, LLC, Makwell Group, Aditya Birla Chemicals, and Altair Chimica SpA. Aditya Birla Chemicals, Altair Chimica SpA, Ajinomoto Fine-Techno Co., Inc., Caffaro Industrie S.p.A., Dover Chemical Corporation, Handy Chemical Corporation .ltd, INEOS CHLOR, KLJ Group, LEUNA-Tenside GmbH, and Química Del Cinca