According to the new market research report “Long Chain Chlorinated Paraffins (LCCP)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Long Chain Chlorinated Paraffins (LCCP) market size is projected to reach USD 0.63 billion by 2030, at a CAGR of 6.8% during the forecast period.
- Global Long Chain Chlorinated Paraffins (LCCP) MarketSize(US$ Million), 2019-2030
Source: QYResearch, “Long Chain Chlorinated Paraffins (LCCP)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Long Chain Chlorinated Paraffins (LCCP) Top14 Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Long Chain Chlorinated Paraffins (LCCP)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Long Chain Chlorinated Paraffins (LCCP) include INEOS Inovyn, Altair Chimica SpA, Danyang Auxiliary Chemical Plant Co Ltd, KLJ Group, Caffaro Industrie S.p.A., Zhejiang Oceanking Development Co.,Ltd., Dover Chemical Corporation, LUXI Group, Vantage Specialty Chemicals, Jiangxi East Huge Dragon Chemical Co., Ltd, etc. In 2023, the global top 10 players had a share approximately 55.0% in terms of revenue.
In terms of product application, currently Plastic and Rubber Industry is the largest segment, hold a share of 48.1%.
Market Drivers:
Growth in downstream demand | Long-chain chlorinated paraffin is mainly used as an auxiliary plasticizer for vinyl resin, which can enhance the flame retardancy of the resin. Used in tents, tarpaulins, rain hats, rain boots, adhesives, coatings, metal cold working lubricants, coolants, petroleum additives, fruit protective emulsions, wood and paper impregnation to improve flame retardancy and enhance vulcanization between rubber and neoprene. Bonding strength. In addition, it can also be used as a plasticizer for PVC resin and an anticoagulant for lubricating oils. It is widely used in environmentally friendly cable materials, floors, calendered plates, shoes and other products and rubber products.
Strong growth in the polyvinyl chloride (PVC) industry, especially in construction and automotive applications, is the main driver of demand for chlorinated paraffins. It is an effective plasticizer that can enhance the flexibility and durability of PVC products. |
Development of industry technology | Participants in the long-chain chlorinated paraffin industry are reducing the content of short-chain chlorinated paraffins by developing new technologies, improving production processes and other measures. At the same time, carbon content detection technology is also improving with each passing day, which has greatly promoted the development of the long-chain chlorinated paraffin industry. |
Policy Support | The state has introduced numerous policies to support the development of the more environmentally friendly long-chain chlorinated paraffin market, including encouraging innovation and tax reduction policies. Countries around the world have gradually formulated a series of bans on short-chain chlorinated paraffin products. |
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