Chlorinated Paraffin Prices, Demand, News, Index, Forecast

 

Chlorinated Paraffin Price in China

• China: 768 USD/MT

The price of chlorinated paraffin in China for Q4 2023 reached 768 USD/MT

The latest report by IMARC Group, titled "Chlorinated Paraffin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of chlorinated paraffin prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Chlorinated Paraffin Prices Analysis:

• China: 768 USD/MT

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The study delves into the factors affecting chlorinated paraffin price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/chlorinated-paraffin-pricing-report/requestsample

Chlorinated Paraffin Price Trend- Last Quarter

The global chlorinated paraffin market is experiencing robust growth, driven by several key factors. One of the primary drivers is the increasing demand from various end-use industries, particularly the plastics and rubber sectors. Chlorinated paraffins are widely used as plasticizers, offering cost-effective solutions to enhance the flexibility and durability of polyvinyl chloride (PVC) products. This demand is further bolstered by the growing construction industry, especially in emerging economies, where PVC is extensively utilized in building materials such as pipes, cables, and flooring. Another significant factor is the rising demand for metalworking fluids.

Chlorinated paraffins serve as excellent extreme pressure additives, providing lubrication and cooling in metal cutting and forming operations. This is critical in industries like automotive, aerospace, and machinery manufacturing, where precision and efficiency are paramount. The growth of these industries, particularly in Asia-Pacific, is fueling the demand for chlorinated paraffins. Moreover, the increasing use of chlorinated paraffins in the production of paints, coatings, and sealants is contributing to market growth.

Chlorinated Paraffin Industry Analysis

In Asia, the price of chlorinated paraffin experienced a slight decrease during the H2 of 2023, particularly in Chinese markets, due to reduced costs of raw materials like liquid wax. Throughout the quarter, there was no significant improvement in downstream demand, pushing the producers and distributors to adjust prices based on actual costs. Besides, despite variable raw material prices and little market activity, chlorinated paraffin prices remained stable only on the bottom end of the spectrum. Similarly, in Europe, oscillations in the chlorinated paraffin market were impacted by developments in the crude oil and naphtha industries, which are the primary sources of chlorinated paraffin. The blocking of Russian pipelines and the loss of exports due to geopolitical tensions caused significant market movements.

In addition, as inflation rose, the consumer sector gave scant support. Additionally, in North America, the crude oil sector fell dramatically in the fourth quarter of 2023, making it difficult for chlorinated paraffin price trends to rebound. Increased import volumes, mainly from Asian countries, combined with sluggish consumer demand, resulted in increased chlorinated paraffin inventories. To balance supply and demand, dealers used to destock tactics, offering discounts on amassed stockpiles, resulting in a downward trend in chlorinated paraffin prices.

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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