The global chlorinated paraffin wax market size was nearly USD 32.49 Billion in 2024. The market is further expected to attain a value of USD 45.83 Billion by 2034, recording a CAGR of 3.50% over the forecast period of 2025-2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Chlorinated Paraffin Wax Market Outlook
*this image is indicative*
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Chlorinated paraffin is used as a secondary plasticiser for producing polyvinyl chloride (PVC). It is anticipated to partially substitute main plasticisers such as phthalates and phosphate esters in the coming future. The growing PVC applications around the world are anticipated to provide a boost to the chlorinated paraffin wax industry.
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Chlorinated paraffin provides benefits such as increased material flexibility, flame retardance, and low-temperature resistance. PVC is added to chlorinated paraffin to enhance its flame retardance property. The chlorinated paraffin wax market can be divided on the basis of segments like grade and application.
The industry, based on its grade, can be divided into:
The industry can be broadly categorised based on its application into:
Market Breakup by Region:
The growing PVC sector is expected to boost the demand for chlorinated paraffin wax, which is driving the industry forward. Technological developments and increased demand for PVC content in products such as sheets, tubes, pipes, wires, and cables across the globe are anticipated to drive the demand for chlorinated paraffin wax during the forecast period. The increasing disposable incomes and growing urbanisation, especially in the emerging economies, are further aiding the industry growth. The factors such as the rising environmental concern combined with the strict laws imposed by the governments and the availability of alternatives might hamper the market growth in the coming years.
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The report presents a detailed analysis of the following key players in the global chlorinated paraffin wax market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the global chlorinated paraffin wax market attained a value of USD 32.49 Billion.
The market is projected to grow at a CAGR of 3.50% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 45.83 Billion by 2034.
The major drivers of the market, such as the increasing demand from the end use applications of the product and growing urbanisation, especially in the emerging economies, are expected to support the demand for chlorinated paraffin wax.
The key trends guiding the growth of the market include the technological developments and increased demand for PVC content in products such as sheets, tubes, pipes, wires, and cables.
The major regions of the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Short chain, medium chain, and long chain are the major grades in the market.
The major applications of the product are lubricant additives, plastics additives, rubber, paints, and metal working fluids, among others.
The major players in the market are INOVYN ChlorVinyls Limited, NCP Chlorchem (Pty) Ltd, Dover Chemical Corporation, Vantage Leuna GmbH, Química del Cinca, JSC Kaustik, KLJ Group, Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-
|
| Breakup by Grade |
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| Breakup by Application |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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