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Global Paraffin Wax Market 2017-2021

Paraffin Wax Sector: Worldwide Forecast until 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 different industries including candles, packaging, rubber, cosmetics, and adhesives. Paraffin wax is a petroleum derivative and contains a mixture of distinct hydrocarbons, especially solid alkanes. Liquid paraffin is used in cosmetics and medicines. It is unreactive like all other alkanes.

The experts estimate the worldwide paraffin wax market to increase at a compound annual Growth rate of ~3.9 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global paraffin wax sector for 2017-2021. The report includes a detailed synthesis of the market, included data from multiple sources..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe (EU)

• ROW

The market study, World-wide Paraffin Wax Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• Increasing market increase

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Shifting demand for natural wax

• For a full, exhaustive list, view our market report

How is the market going?

• Use of paraffin wax in tarpaulin

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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