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Global Paraffin Wax Market 2017-2021

Global Paraffin Wax Market 2017-2021

  • September 2017
  • 83 pages
  • ID: 5112285
In this report:
All these factors are expected to fuel the growth of the global candle market, which will drive the global paraffin wax market.
The company has a paraffin wax production capacity of ##,##.## metric tons (##,## tonnes) per month from a refinery located in Fushun, China.
In FY2016, the company generated revenue of South African Rand ZAR##,## million ($##,##.## million; conversion rate ZAR## = $##.##) and had ##,## employees.

Summary

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About Paraffin Wax

Wax is an organic compound with water resistance and malleability. It is soft under normal temperature and turns into a liquid with low viscosity when heated. The chemical nature of the compound is complex. It is used in various industries such as candles, packaging, rubber, cosmetics, and adhesives. Paraffin wax is a petroleum derivative and contains a mixture of different hydrocarbons, especially solid alkanes. Liquid paraffin is used in cosmetics and medicines. It is unreactive like all other alkanes.

Technavio’s analysts forecast the global paraffin wax market to grow at a CAGR of 3.93% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global paraffin wax market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• ROW

Technavio’s report, Global Paraffin Wax Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ExxonMobil
• China Petrochemical Corporation’
• PetroChina International
• SASOL
• Shell International

Other prominent vendors
• AromaChimie
• Blended Waxes
• Calumet Specialty Products Partners
• CEPSA
• CHEMACT(LIAONING) PETROCHEMICALS
• Ergon
• Fushun NingYuan Peterochemicals
• H&R Group
• Indian Oil Corporation
• International Group
• JSC MINERAL WAX PLANT
• Marcus Oil & Chemical
• Nippon Seiro
• PersiaParaffin
• Petrobras

Market driver
• Increasing market growth
• For a full, detailed list, view our report

Market challenge
• Shifting demand for natural wax
• For a full, detailed list, view our report

Market trend
• Use of paraffin wax in tarpaulin
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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