Paraffin Wax Market Outlook 2022 Demand Supply and 2028 Opportunities

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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.
This report contains market size and forecasts of Paraffin Wax in global, including the following market information:
Global Paraffin Wax Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Paraffin Wax Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Paraffin Wax companies in 2021 (%)
The global Paraffin Wax market was valued at 7221.2 million in 2021 and is projected to reach US$ 9825.6 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fully Refined Wax Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Paraffin Wax include CNPC, Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras and ENI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Paraffin Wax manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Paraffin Wax Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paraffin Wax Market Segment Percentages, by Type, 2021 (%)
– Fully Refined Wax
– Semi-refined Wax
– Others (Food Grade, Ceresine Wax etc.)
Global Paraffin Wax Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paraffin Wax Market Segment Percentages, by Application, 2021 (%)
– Candles
– Food
– Pyrotechnics
– Fiberboard
– Other
Global Paraffin Wax Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Paraffin Wax Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Paraffin Wax revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Paraffin Wax revenues share in global market, 2021 (%)
Key companies Paraffin Wax sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Paraffin Wax sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– CNPC
– Exxon Mobile
– Sinopec
– Shell
– Sasol
– LUKOIL
– PDVSA
– Petrobras
– ENI
– Cepsa
– MOL
– Nippon Seiro
– IGI
– Calumet
– Samir
– HollyFrontier
– Hansen & Rosenthal

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