Chlorinated Paraffins Market to Witness an Outstanding Growth by 2024
Global Chlorinated Paraffins Market: Snapshot Chlorinated paraffins are a complex group of synthetic compounds and are used extensively in a variety of metal forming and cutting applications. They are primarily used in industrial cutting fluids, especially for manufacturing of automobiles and automobile parts and for cutting oils. Growth in the plastics and metalworking industries, especially in developed regions, is a primary factor stimulating the demand for chlorinated paraffins worldwide. Most commonly and commercially used chlorinated paraffins are of m-grade consisting of medium carbon chain length of 14 to 17 carbons. They are cost-effective and their surging applications in commercial paints, adhesives, lubricating additives, and sealants are expected to drive the market in the coming years. The soaring use of polyvinyl chloride in various end-use industries such as the paints and plastics, steel, and textile industries is expected to spur the demand for chlorinated...