Global chlorinated paraffin wax market is expected to grow at a steady CAGR during the forecast period. Chlorinated paraffin is non-inflammable, non-poisonous, less volatile and a substance with high insulativity. It is produced by chlorination of n-paraffin or paraffin wax via batch process. Chlorinated paraffin contains around 40-70% chlorine and it is highly inert and insoluble in water. Chlorinated paraffin offers advantages such as flame retardancy and low-temperature strength as well as increases the flexibility of the materials.
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