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Global Paraffin Wax Emulsion market report, market size, share, trends, analysis and forecast to 2028
Paraffin wax recognized as petroleum wax, is a crystalline solid or white, fairly transparent, hard wax prepared up of a combination of solid plain hydrocarbons with melting points usually range from 48° to 66° C. It is used to dig out perfume from flowers, as a foundation for medical ointments, and as a wood waterproofing coating. They require for paraffin wax to be used in the production of candles is rising on a daily basis.
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By geography, Asia Pacific paraffin wax emulsion market is captured to account for highest revenue share and is anticipated to control in the global market during the forecast period. Rapid urbanization and industrialization, together with growing automotive and construction sectors in countries are some of the most important factors estimated to carry revenue growth of the market in the region. In addition, increasing demand for wax emulsion in textile industry is projected to boost revenue growth of the Asia Pacific market. An increase in the quantity of households will almost certainly result in superior demand for the industry's commodities as candles are repeatedly used to decorate dwellings.
Some of the key players profiled in the Paraffin Wax Emulsion Market include Honeywell, Petro China Company Limited, Sasol Limited, Nippon Seiro Co., Ltd., BASF SE, ExxonMobil, Altana AG, Max&Bien, Lubrizol Corporation, Repsol, Michelman Inc, Danquinsa GmbH, The International Group, Inc., Petro bras, Sinopec Group, Indian Oil Corporation Ltd.
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Paraffin wax supplying by ATDM
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