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Chlorinated Paraffin Wax Market: Amid Rigorous Regulations Stakeholders Embrace CP as Flame Retardant and Secondary Plasticizer

Press release Description

Albany, New York, August 6, 2019: Varied scope of complex chemical compounds across end-use domains has had the influence in the chlorinated paraffin wax industry. Chlorinated paraffin wax (CP) has often found its application as a secondary plasticizer and flame retardant in paints, rubber, caulks, adhesives, plastics and sealants. Even though rigorous regulations dent the expansion of chlorinated paraffin wax market, the landscape is projected to exhibit steady growth in the ensuing years.

These insights are according to the intelligence report, titled, “Chlorinated Paraffin Wax Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” which has been lately added to Market Research Reports Search Engine’s (MRRSE) offering.

With chlorinated paraffin providing a flame-retardant and low-cost solution for a myriad of applications, it has been apt for industrial coatings, fabric, sealants, namely. When compared to conventional plasticizers, chlorinated paraffin wax offers excellent flexibility at lower temperature which makes CP ideal for wire and cable insulation, flooring and garden hose.

Manufacturers also count on chlorinated paraffin wax for it service as a viscosity for plastisols which becomes instrumental in the manufacturing of PVC plastisol. Besides, application of CP as a secondary plasticizer for manufacturing PVC products is expected bolster chlorinated paraffin wax market outlook. As such, long-chain chlorinated paraffin wax (LCCP) is slated to reign supreme for its application in PVC, sealants, paints and coatings and textile treatment continues to gain pace.

Amid lurking environmental concern, manufacturers have been all but inclined towards developing biodegradable chlorinated paraffin wax that would propel resistance to corrosion and endurance to chloride. However, an underlying issue looming at large with biodegradable CP is its high cost.

Chlorinated Paraffin Wax Market: Report Content

Quantitative and qualitative assessment exhort intelligence and overarching report on the chlorinated paraffin wax market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the chlorinated paraffin wax market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on chlorinated paraffin wax.

An insightful and deep-dive assessment of the competitive assessment of the chlorinated paraffin wax market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the chlorinated paraffin wax market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Chlorinated Paraffin Wax Market: Research Methodology

Primary sources and secondary sources propel intelligence report on chlorinated paraffin wax market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on chlorinated paraffin wax market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.

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