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Paraffins-Global Market Insights and Sales Trends 2024
Synopsis
Paraffins is produced in the process of refining crude oil to gasoline.
The global Paraffins market size is expected to reach US$ 6265.2 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Paraffins in various end use industries. The expanding demands from the Farming, Packaging, Lighting and Chemicals, are propelling Paraffins market. Fully refined, 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 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Paraffins market, driven by demand from China, the second largest economy with some signs of stabilising, the Paraffins market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Paraffins, 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 Paraffins 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 Paraffins market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paraffins 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 Paraffins covered in this report include Blended Waxes, Micro Powsers, BASF, Clariant, ExxonMobil, Lubrizol, Marcus Oil & Chemical and Hexion Specialty Chemicals, etc.
The global Paraffins market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Blended Waxes
Micro Powsers
BASF
Clariant
ExxonMobil
Lubrizol
Marcus Oil & Chemical
Hexion Specialty Chemicals
Global Paraffins 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 Paraffins market, Segment by Type:
Fully refined
Semi refined
Scale
Global Paraffins market, by Application
Farming
Packaging
Lighting
Chemicals
Medical
Rubber industries
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 Paraffins manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paraffins 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.
Paraffins is produced in the process of refining crude oil to gasoline.
The global Paraffins market size is expected to reach US$ 6265.2 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Paraffins in various end use industries. The expanding demands from the Farming, Packaging, Lighting and Chemicals, are propelling Paraffins market. Fully refined, 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 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Paraffins market, driven by demand from China, the second largest economy with some signs of stabilising, the Paraffins market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Paraffins, 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 Paraffins 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 Paraffins market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paraffins 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 Paraffins covered in this report include Blended Waxes, Micro Powsers, BASF, Clariant, ExxonMobil, Lubrizol, Marcus Oil & Chemical and Hexion Specialty Chemicals, etc.
The global Paraffins market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Blended Waxes
Micro Powsers
BASF
Clariant
ExxonMobil
Lubrizol
Marcus Oil & Chemical
Hexion Specialty Chemicals
Global Paraffins 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 Paraffins market, Segment by Type:
Fully refined
Semi refined
Scale
Global Paraffins market, by Application
Farming
Packaging
Lighting
Chemicals
Medical
Rubber industries
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 Paraffins manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paraffins 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 Paraffins Market Overview
1.1 Paraffins Product Overview
1.2 Paraffins Market Segment by Type
1.2.1 Fully refined
1.2.2 Semi refined
1.2.3 Scale
1.3 Global Paraffins Market Size by Type
1.3.1 Global Paraffins Market Size Overview by Type (2018-2029)
1.3.2 Global Paraffins Historic Market Size Review by Type (2018-2023)
1.3.3 Global Paraffins Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Paraffins Sales Breakdown by Type (2018-2023)
1.4.2 Europe Paraffins Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Paraffins Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Paraffins Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Paraffins Sales Breakdown by Type (2018-2023)
2 Global Paraffins Market Competition by Company
2.1 Global Top Players by Paraffins Sales (2018-2023)
2.2 Global Top Players by Paraffins Revenue (2018-2023)
2.3 Global Top Players by Paraffins Price (2018-2023)
2.4 Global Top Manufacturers Paraffins Manufacturing Base Distribution, Sales Area, Product Type
2.5 Paraffins Market Competitive Situation and Trends
2.5.1 Paraffins Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Paraffins 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 Paraffins as of 2022)
2.7 Date of Key Manufacturers Enter into Paraffins Market
2.8 Key Manufacturers Paraffins Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Paraffins Status and Outlook by Region
3.1 Global Paraffins Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Paraffins Historic Market Size by Region
3.2.1 Global Paraffins Sales in Volume by Region (2018-2023)
3.2.2 Global Paraffins Sales in Value by Region (2018-2023)
3.2.3 Global Paraffins Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Paraffins Forecasted Market Size by Region
3.3.1 Global Paraffins Sales in Volume by Region (2024-2029)
3.3.2 Global Paraffins Sales in Value by Region (2024-2029)
3.3.3 Global Paraffins Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Paraffins by Application
4.1 Paraffins Market Segment by Application
4.1.1 Farming
4.1.2 Packaging
4.1.3 Lighting
4.1.4 Chemicals
4.1.5 Medical
4.1.6 Rubber industries
4.2 Global Paraffins Market Size by Application
4.2.1 Global Paraffins Market Size Overview by Application (2018-2029)
4.2.2 Global Paraffins Historic Market Size Review by Application (2018-2023)
4.2.3 Global Paraffins Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Paraffins Sales Breakdown by Application (2018-2023)
4.3.2 Europe Paraffins Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Paraffins Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Paraffins Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Paraffins Sales Breakdown by Application (2018-2023)
5 North America Paraffins by Country
5.1 North America Paraffins Historic Market Size by Country
5.1.1 North America Paraffins Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Paraffins Sales in Volume by Country (2018-2023)
5.1.3 North America Paraffins Sales in Value by Country (2018-2023)
5.2 North America Paraffins Forecasted Market Size by Country
5.2.1 North America Paraffins Sales in Volume by Country (2024-2029)
5.2.2 North America Paraffins Sales in Value by Country (2024-2029)
6 Europe Paraffins by Country
6.1 Europe Paraffins Historic Market Size by Country
6.1.1 Europe Paraffins Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Paraffins Sales in Volume by Country (2018-2023)
6.1.3 Europe Paraffins Sales in Value by Country (2018-2023)
6.2 Europe Paraffins Forecasted Market Size by Country
6.2.1 Europe Paraffins Sales in Volume by Country (2024-2029)
6.2.2 Europe Paraffins Sales in Value by Country (2024-2029)
7 Asia-Pacific Paraffins by Region
7.1 Asia-Pacific Paraffins Historic Market Size by Region
7.1.1 Asia-Pacific Paraffins Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Paraffins Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Paraffins Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Paraffins Forecasted Market Size by Region
7.2.1 Asia-Pacific Paraffins Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Paraffins Sales in Value by Region (2024-2029)
8 Latin America Paraffins by Country
8.1 Latin America Paraffins Historic Market Size by Country
8.1.1 Latin America Paraffins Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Paraffins Sales in Volume by Country (2018-2023)
8.1.3 Latin America Paraffins Sales in Value by Country (2018-2023)
8.2 Latin America Paraffins Forecasted Market Size by Country
8.2.1 Latin America Paraffins Sales in Volume by Country (2024-2029)
8.2.2 Latin America Paraffins Sales in Value by Country (2024-2029)
9 Middle East and Africa Paraffins by Country
9.1 Middle East and Africa Paraffins Historic Market Size by Country
9.1.1 Middle East and Africa Paraffins Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Paraffins Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Paraffins Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Paraffins Forecasted Market Size by Country
9.2.1 Middle East and Africa Paraffins Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Paraffins Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Blended Waxes
10.1.1 Blended Waxes Company Information
10.1.2 Blended Waxes Introduction and Business Overview
10.1.3 Blended Waxes Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Blended Waxes Paraffins Products Offered
10.1.5 Blended Waxes Recent Development
10.2 Micro Powsers
10.2.1 Micro Powsers Company Information
10.2.2 Micro Powsers Introduction and Business Overview
10.2.3 Micro Powsers Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Micro Powsers Paraffins Products Offered
10.2.5 Micro Powsers Recent Development
10.3 BASF
10.3.1 BASF Company Information
10.3.2 BASF Introduction and Business Overview
10.3.3 BASF Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BASF Paraffins Products Offered
10.3.5 BASF Recent Development
10.4 Clariant
10.4.1 Clariant Company Information
10.4.2 Clariant Introduction and Business Overview
10.4.3 Clariant Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Clariant Paraffins Products Offered
10.4.5 Clariant Recent Development
10.5 ExxonMobil
10.5.1 ExxonMobil Company Information
10.5.2 ExxonMobil Introduction and Business Overview
10.5.3 ExxonMobil Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ExxonMobil Paraffins Products Offered
10.5.5 ExxonMobil Recent Development
10.6 Lubrizol
10.6.1 Lubrizol Company Information
10.6.2 Lubrizol Introduction and Business Overview
10.6.3 Lubrizol Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lubrizol Paraffins Products Offered
10.6.5 Lubrizol Recent Development
10.7 Marcus Oil & Chemical
10.7.1 Marcus Oil & Chemical Company Information
10.7.2 Marcus Oil & Chemical Introduction and Business Overview
10.7.3 Marcus Oil & Chemical Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Marcus Oil & Chemical Paraffins Products Offered
10.7.5 Marcus Oil & Chemical Recent Development
10.8 Hexion Specialty Chemicals
10.8.1 Hexion Specialty Chemicals Company Information
10.8.2 Hexion Specialty Chemicals Introduction and Business Overview
10.8.3 Hexion Specialty Chemicals Paraffins Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hexion Specialty Chemicals Paraffins Products Offered
10.8.5 Hexion Specialty Chemicals Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Paraffins 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 Paraffins Industrial Chain Analysis
11.4 Paraffins Market Dynamics
11.4.1 Paraffins Industry Trends
11.4.2 Paraffins Market Drivers
11.4.3 Paraffins Market Challenges
11.4.4 Paraffins Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Paraffins Distributors
12.3 Paraffins 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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