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Chlorinated paraffin is used as an extreme pressure additive in the application of metalworking fluids. Generally, MCCPs and LCCPs are used in the production of metalworking fluids. It is used for the industrial gear lubricants. The addition of chlorinated paraffin forms in metalworking fluids forms a metal salt layer or a carbonated film between the two metal surfaces under severe lubrication circumstances. Every metalworking operation requires precise fluid characteristics that depend on the metal and operational conditions.
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MARKET SIZE The global chlorinated paraffin market accounted to US$ 2,226.3 Mn in 2018 and is expected to grow at a CAGR of 3.4% during the forecast period 2019 - 2027, to account to US$ 3,002.5 Mn by 2027.
MARKET SEGMENTATION • By Product Type • By Application
KEY PLAYERS • 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