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Paraffin Wax-Global Market Insights and Sales Trends 2025
Synopsis
Paraffin wax is a white or colorless soft solid derivable from petroleum, coal or oil shale that consists of a mixture of hydrocarbon molecules containing between twenty and forty carbon atoms.
The global Paraffin Wax market size is expected to reach US$ 9716.1 million by 2029, growing at a CAGR of 4.7% from 2023 to 2029. The market is mainly driven by the significant applications of Paraffin Wax in various end use industries. The expanding demands from the Candles, Food, Pyrotechnics and Fiberboard, are propelling Paraffin Wax market. Fully Refined Wax, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-refined Wax segment is estimated at % CAGR for the next seven-year period.
The major players in global Paraffin Wax market include CNPC, Exxon Mobile, Sinopec, etc. The top 3 players occupy about 50% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Fully Refined Wax is the main type, with a share about 40%. Candles is the main application, which holds a share about 40%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Paraffin Wax, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Paraffin Wax market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Paraffin Wax market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paraffin Wax sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Paraffin Wax covered in this report include CNPC, Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras and ENI, etc.
The global Paraffin Wax market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CNPC
Exxon Mobile
Sinopec
Shell
Sasol
LUKOIL
PDVSA
Petrobras
ENI
Cepsa
MOL
Nippon Seiro
IGI
Calumet
Samir
HollyFrontier
Hansen & Rosenthal
Global Paraffin Wax market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Paraffin Wax market, Segment by Type:
Fully Refined Wax
Semi-refined Wax
Others (Food Grade, Ceresine Wax etc.)
Global Paraffin Wax market, by Application
Candles
Food
Pyrotechnics
Fiberboard
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Paraffin Wax manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paraffin Wax in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Paraffin wax is a white or colorless soft solid derivable from petroleum, coal or oil shale that consists of a mixture of hydrocarbon molecules containing between twenty and forty carbon atoms.
The global Paraffin Wax market size is expected to reach US$ 9716.1 million by 2029, growing at a CAGR of 4.7% from 2023 to 2029. The market is mainly driven by the significant applications of Paraffin Wax in various end use industries. The expanding demands from the Candles, Food, Pyrotechnics and Fiberboard, are propelling Paraffin Wax market. Fully Refined Wax, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Semi-refined Wax segment is estimated at % CAGR for the next seven-year period.
The major players in global Paraffin Wax market include CNPC, Exxon Mobile, Sinopec, etc. The top 3 players occupy about 50% shares of the global market. North America and China are main markets, they occupy about 50% of the global market. Fully Refined Wax is the main type, with a share about 40%. Candles is the main application, which holds a share about 40%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Paraffin Wax, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Paraffin Wax market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Paraffin Wax market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paraffin Wax sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Paraffin Wax covered in this report include CNPC, Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras and ENI, etc.
The global Paraffin Wax market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CNPC
Exxon Mobile
Sinopec
Shell
Sasol
LUKOIL
PDVSA
Petrobras
ENI
Cepsa
MOL
Nippon Seiro
IGI
Calumet
Samir
HollyFrontier
Hansen & Rosenthal
Global Paraffin Wax market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Paraffin Wax market, Segment by Type:
Fully Refined Wax
Semi-refined Wax
Others (Food Grade, Ceresine Wax etc.)
Global Paraffin Wax market, by Application
Candles
Food
Pyrotechnics
Fiberboard
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Paraffin Wax manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paraffin Wax in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Paraffin Wax Market Overview
1.1 Paraffin Wax Product Overview
1.2 Paraffin Wax Market Segment by Type
1.2.1 Fully Refined Wax
1.2.2 Semi-refined Wax
1.2.3 Others (Food Grade, Ceresine Wax etc.)
1.3 Global Paraffin Wax Market Size by Type
1.3.1 Global Paraffin Wax Market Size Overview by Type (2018-2029)
1.3.2 Global Paraffin Wax Historic Market Size Review by Type (2018-2023)
1.3.3 Global Paraffin Wax Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Paraffin Wax Sales Breakdown by Type (2018-2023)
1.4.2 Europe Paraffin Wax Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Paraffin Wax Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Paraffin Wax Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Paraffin Wax Sales Breakdown by Type (2018-2023)
2 Global Paraffin Wax Market Competition by Company
2.1 Global Top Players by Paraffin Wax Sales (2018-2023)
2.2 Global Top Players by Paraffin Wax Revenue (2018-2023)
2.3 Global Top Players by Paraffin Wax Price (2018-2023)
2.4 Global Top Manufacturers Paraffin Wax Manufacturing Base Distribution, Sales Area, Product Type
2.5 Paraffin Wax Market Competitive Situation and Trends
2.5.1 Paraffin Wax Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Paraffin Wax Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Paraffin Wax as of 2022)
2.7 Date of Key Manufacturers Enter into Paraffin Wax Market
2.8 Key Manufacturers Paraffin Wax Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Paraffin Wax Status and Outlook by Region
3.1 Global Paraffin Wax Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Paraffin Wax Historic Market Size by Region
3.2.1 Global Paraffin Wax Sales in Volume by Region (2018-2023)
3.2.2 Global Paraffin Wax Sales in Value by Region (2018-2023)
3.2.3 Global Paraffin Wax Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Paraffin Wax Forecasted Market Size by Region
3.3.1 Global Paraffin Wax Sales in Volume by Region (2024-2029)
3.3.2 Global Paraffin Wax Sales in Value by Region (2024-2029)
3.3.3 Global Paraffin Wax Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Paraffin Wax by Application
4.1 Paraffin Wax Market Segment by Application
4.1.1 Candles
4.1.2 Food
4.1.3 Pyrotechnics
4.1.4 Fiberboard
4.1.5 Other
4.2 Global Paraffin Wax Market Size by Application
4.2.1 Global Paraffin Wax Market Size Overview by Application (2018-2029)
4.2.2 Global Paraffin Wax Historic Market Size Review by Application (2018-2023)
4.2.3 Global Paraffin Wax Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Paraffin Wax Sales Breakdown by Application (2018-2023)
4.3.2 Europe Paraffin Wax Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Paraffin Wax Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Paraffin Wax Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Paraffin Wax Sales Breakdown by Application (2018-2023)
5 North America Paraffin Wax by Country
5.1 North America Paraffin Wax Historic Market Size by Country
5.1.1 North America Paraffin Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Paraffin Wax Sales in Volume by Country (2018-2023)
5.1.3 North America Paraffin Wax Sales in Value by Country (2018-2023)
5.2 North America Paraffin Wax Forecasted Market Size by Country
5.2.1 North America Paraffin Wax Sales in Volume by Country (2024-2029)
5.2.2 North America Paraffin Wax Sales in Value by Country (2024-2029)
6 Europe Paraffin Wax by Country
6.1 Europe Paraffin Wax Historic Market Size by Country
6.1.1 Europe Paraffin Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Paraffin Wax Sales in Volume by Country (2018-2023)
6.1.3 Europe Paraffin Wax Sales in Value by Country (2018-2023)
6.2 Europe Paraffin Wax Forecasted Market Size by Country
6.2.1 Europe Paraffin Wax Sales in Volume by Country (2024-2029)
6.2.2 Europe Paraffin Wax Sales in Value by Country (2024-2029)
7 Asia-Pacific Paraffin Wax by Region
7.1 Asia-Pacific Paraffin Wax Historic Market Size by Region
7.1.1 Asia-Pacific Paraffin Wax Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Paraffin Wax Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Paraffin Wax Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Paraffin Wax Forecasted Market Size by Region
7.2.1 Asia-Pacific Paraffin Wax Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Paraffin Wax Sales in Value by Region (2024-2029)
8 Latin America Paraffin Wax by Country
8.1 Latin America Paraffin Wax Historic Market Size by Country
8.1.1 Latin America Paraffin Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Paraffin Wax Sales in Volume by Country (2018-2023)
8.1.3 Latin America Paraffin Wax Sales in Value by Country (2018-2023)
8.2 Latin America Paraffin Wax Forecasted Market Size by Country
8.2.1 Latin America Paraffin Wax Sales in Volume by Country (2024-2029)
8.2.2 Latin America Paraffin Wax Sales in Value by Country (2024-2029)
9 Middle East and Africa Paraffin Wax by Country
9.1 Middle East and Africa Paraffin Wax Historic Market Size by Country
9.1.1 Middle East and Africa Paraffin Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Paraffin Wax Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Paraffin Wax Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Paraffin Wax Forecasted Market Size by Country
9.2.1 Middle East and Africa Paraffin Wax Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Paraffin Wax Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CNPC
10.1.1 CNPC Company Information
10.1.2 CNPC Introduction and Business Overview
10.1.3 CNPC Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CNPC Paraffin Wax Products Offered
10.1.5 CNPC Recent Development
10.2 Exxon Mobile
10.2.1 Exxon Mobile Company Information
10.2.2 Exxon Mobile Introduction and Business Overview
10.2.3 Exxon Mobile Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Exxon Mobile Paraffin Wax Products Offered
10.2.5 Exxon Mobile Recent Development
10.3 Sinopec
10.3.1 Sinopec Company Information
10.3.2 Sinopec Introduction and Business Overview
10.3.3 Sinopec Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sinopec Paraffin Wax Products Offered
10.3.5 Sinopec Recent Development
10.4 Shell
10.4.1 Shell Company Information
10.4.2 Shell Introduction and Business Overview
10.4.3 Shell Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shell Paraffin Wax Products Offered
10.4.5 Shell Recent Development
10.5 Sasol
10.5.1 Sasol Company Information
10.5.2 Sasol Introduction and Business Overview
10.5.3 Sasol Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sasol Paraffin Wax Products Offered
10.5.5 Sasol Recent Development
10.6 LUKOIL
10.6.1 LUKOIL Company Information
10.6.2 LUKOIL Introduction and Business Overview
10.6.3 LUKOIL Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.6.4 LUKOIL Paraffin Wax Products Offered
10.6.5 LUKOIL Recent Development
10.7 PDVSA
10.7.1 PDVSA Company Information
10.7.2 PDVSA Introduction and Business Overview
10.7.3 PDVSA Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.7.4 PDVSA Paraffin Wax Products Offered
10.7.5 PDVSA Recent Development
10.8 Petrobras
10.8.1 Petrobras Company Information
10.8.2 Petrobras Introduction and Business Overview
10.8.3 Petrobras Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Petrobras Paraffin Wax Products Offered
10.8.5 Petrobras Recent Development
10.9 ENI
10.9.1 ENI Company Information
10.9.2 ENI Introduction and Business Overview
10.9.3 ENI Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ENI Paraffin Wax Products Offered
10.9.5 ENI Recent Development
10.10 Cepsa
10.10.1 Cepsa Company Information
10.10.2 Cepsa Introduction and Business Overview
10.10.3 Cepsa Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Cepsa Paraffin Wax Products Offered
10.10.5 Cepsa Recent Development
10.11 MOL
10.11.1 MOL Company Information
10.11.2 MOL Introduction and Business Overview
10.11.3 MOL Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MOL Paraffin Wax Products Offered
10.11.5 MOL Recent Development
10.12 Nippon Seiro
10.12.1 Nippon Seiro Company Information
10.12.2 Nippon Seiro Introduction and Business Overview
10.12.3 Nippon Seiro Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Nippon Seiro Paraffin Wax Products Offered
10.12.5 Nippon Seiro Recent Development
10.13 IGI
10.13.1 IGI Company Information
10.13.2 IGI Introduction and Business Overview
10.13.3 IGI Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.13.4 IGI Paraffin Wax Products Offered
10.13.5 IGI Recent Development
10.14 Calumet
10.14.1 Calumet Company Information
10.14.2 Calumet Introduction and Business Overview
10.14.3 Calumet Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Calumet Paraffin Wax Products Offered
10.14.5 Calumet Recent Development
10.15 Samir
10.15.1 Samir Company Information
10.15.2 Samir Introduction and Business Overview
10.15.3 Samir Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Samir Paraffin Wax Products Offered
10.15.5 Samir Recent Development
10.16 HollyFrontier
10.16.1 HollyFrontier Company Information
10.16.2 HollyFrontier Introduction and Business Overview
10.16.3 HollyFrontier Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.16.4 HollyFrontier Paraffin Wax Products Offered
10.16.5 HollyFrontier Recent Development
10.17 Hansen & Rosenthal
10.17.1 Hansen & Rosenthal Company Information
10.17.2 Hansen & Rosenthal Introduction and Business Overview
10.17.3 Hansen & Rosenthal Paraffin Wax Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Hansen & Rosenthal Paraffin Wax Products Offered
10.17.5 Hansen & Rosenthal Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Paraffin Wax Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Paraffin Wax Industrial Chain Analysis
11.4 Paraffin Wax Market Dynamics
11.4.1 Paraffin Wax Industry Trends
11.4.2 Paraffin Wax Market Drivers
11.4.3 Paraffin Wax Market Challenges
11.4.4 Paraffin Wax Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Paraffin Wax Distributors
12.3 Paraffin Wax Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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