Liquid Paraffin Market In-Depth Analysis and Future Forecast 2019-2025 | Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita and More...

Liquid Paraffin Market

Liquid Paraffin (sometimes also called Base Oil，White Mineral Oil，Liquid Paraffin Wax，Normal Paraffin，White Oil etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.

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The liquid paraffin industry concentration is not high; there are a large number of manufacturers in the world, top ten players took up 2/3 of the global total market. But, the largest two producers share over 70% in China in the past years.

Many companies usually have several plants; and some plants are close to raw material source, such as China, Qatar, Saudi Arabia, India, Malaysia, etc. There are some international big companies set up factories in Middle East, such as Shell, Sasol, Exxon Mobil, etc. because of the rich oil and gas resources there.

With the technology development of surfactant, many new types (E.g. MES) are replacing the traditional surfactant LBS, which is the end downstream of liquid paraffin. As we know, Sasol acquired the Condea, once the largest producer of liquid paraffin, but closed the paraffin plants with an output of about 200 K MT in Italy in 2007, after two years, Exxon Mobil closed its n- paraffin business. Simultaneously, Shell, Sasol and Exxon Mobil developed their GTL (Gas to liquid) business in Middle East in 2000s. Now, the Middle East becomes a new important market of liquid paraffin and LAB, etc.

The liquid paraffin, especially heavy liquid paraffin in China is mainly used to manufacture chlorinated paraffin 52, although liquid paraffin can be used in cosmetic, food, drugs, additives, solutions, etc. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.

Although sales of semiconductor silicon wafer brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the semiconductor silicon wafer field.

Global Liquid Paraffin market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Liquid Paraffin.

The following manufacturers are covered in this report:
Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, Nippon Oil, CEPSA, SEOJIN CHEM, Sonneborn, MORESCO, KDOC, Atlas Setayesh Mehr, Gandhar Oil, FPCC, UNICORN, Sovereign, CNPC, Sinopec, ChemChina, Yitai Petro

Liquid Paraffin Breakdown Data by Type
Light Liquid Paraffin
Heavy Liquid Paraffin

Liquid Paraffin Breakdown Data by Application
LAB
Chlorinated paraffin
Other

Liquid Paraffin Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

In this study, the years considered to estimate the market size of Liquid Paraffin :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

Reports Monitor is a methodical effort to gather information about the targeted market which is Liquid Paraffin. It is a very significant part of a business strategy. The term is often used in resemblance to marketing research; but specialized Market research is one of the major factors used to maintain competitiveness over competitors.

Why Global Liquid Paraffin market 2019 Research Report?

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Recognize and examine the needs of the market, the market size, and the competition.

Market-research techniques cover both qualitative techniques such as -

Focus groups

Detailed interviews

Ethnography

Quantitative techniques like -

customer surveys

analysis of secondary data.

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