Paraffins Market is expected to reach the value of USD 7.75 billion by 2029, at a CAGR of 5.30% during the forecast period

Global Paraffins Market Size, Status, and Forecast 2029. In-depth research accumulated to offer Latest insights about acute features of the global Paraffins market. This report provides a detailed overview of key factors in the Paraffins Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Paraffins in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.

Data Bridge Market Research analyses that the paraffin market which was growing at a value of 5.13 billion in 2021 and is expected to reach the value of USD 7.75 billion by 2029, at a CAGR of 5.30% during the forecast period.

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Some of the major players operating in the Paraffins market

BASF SE (Germany), Clariant (Switzerland), Numaligarh Refinery Limited (India), Trecora Resources (U.S.), Indian Oil Corporation Ltd (IOCL) (India), Goyel Chemical Corporation (India), Nippon Seiro Co., Ltd. (Japan), AVERY DENNISON CORPORATION (U.S.), Marcusoil (U.S.), Mitsui Chemicals, Inc., (Japan), 3M (U.S.), Sika AG (Switzerland), Honeywell International Inc.,(U.S.), Westlake Corporation (U.S.), CPCL (India), among others.

Global Paraffins Market Scope
Product Type
• Fully refined
• Semi-refined
• Scales
Type
• Paraffin Wax
• Liquid Paraffins
• Kerosene Paraffins
• Petroleum Jelly Paraffins
Application
• Farming
• Packaging
• Cosmetics
• Building Materials
• PVC
• Rubber
• Tires
• Candles
• Lighting
• Chemicals
• Secondary Alcohols
• Chlorinated Paraffin
• Internal Olefins
• Sulphonates
• Oilfield Chemicals

Paraffins Market Country Level Analysis
Paraffins market is analyzed and market size, volume information is provided by country, site location and foundation type as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The paraffin market is dominated by North America. The positive outlook for air care and aromatherapy and growing consumer awareness of the environmental and health risks associated with the use of aerosol sprays are expected to drive demand for the brand. Additionally, changing lifestyles, hygiene concerns and busy work schedules have driven consumers to use more fragrance products, which is expected to grow in market size in the coming years. On the other hand, Europe is expected to grow steadily due to growing consumer awareness of synthetic ingredients in fragrance products. Moreover, consumer preference for paraffin is expected to change over the forecast period due to harmful aerosol emissions and stringent regulations on the use of aerosol fresheners.

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Important Sections from the Table of Contents:
• Global Paraffins Market Overview
• Economic Impact on Industry
• Market Competition by Manufacturers
• Production, Revenue (Value) by Region
• Supply (Production), Consumption, Export, Import by Regions
• Production, Revenue (Value), Price Trend by Type
• Market Analysis by Application
• Manufacturing Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global Paraffins Market Forecast

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