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Paraffin Wax Prices Oct 2025, Latest Trend, Demand, Index & Uses

11-12-2025 11:28 AM CET | Chemicals & Materials

Press release from: IMARC Group

Paraffin Wax Prices

Paraffin Wax Prices

Africa Paraffin Wax Prices Movement Oct 2025

In October 2025, paraffin wax prices in Africa reached 1.90 USD/Kg, marking a significant 21.5% increase. The surge was driven by higher demand from the packaging, candle, and cosmetics industries. Supply constraints due to refinery maintenance and increased import costs also supported the price rise across regional markets.

Regional Analysis: The price analysis can be expanded to include detailed Paraffin Wax price data for a wide range of Africa countries such as Nigeria, South Africa, Egypt, Kenya, Morocco, Algeria, Ghana, Ethiopia, Tanzania, Uganda, Angola, Tunisia, Sudan, Cameroon, Ivory Coast, Senegal, Libya, Democratic Republic of the Congo, Zambia & Zimbabwe

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/paraffin-wax-pricing-report/requestsample

Northeast Asia Paraffin Wax Prices Movement Oct 2025

Paraffin wax prices in Northeast Asia stood at 0.71 USD/Kg in October 2025, reflecting a 2.2% uptick. The increase was attributed to steady demand from candle manufacturing and packaging sectors. Improved export activity and stable crude oil prices helped maintain a balanced market despite moderate fluctuations in production margins.

Regional Analysis: The price analysis can be expanded to include detailed Paraffin Wax price data for a wide range of Northeast Asia countries such as China, Japan, South Korea, North Korea, Mongolia & Taiwan

Europe Paraffin Wax Prices Movement Oct 2025

In Europe, paraffin wax prices rose to 1.84 USD/Kg in October 2025, registering a 3.8% increase. The upward trend was influenced by consistent demand from the cosmetics and pharmaceutical industries. Limited refinery output and higher energy costs across the EU added mild upward pressure to regional market prices.

Regional Analysis: The price analysis can be expanded to include detailed Paraffin Wax price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

Southeast Asia Paraffin Wax Prices Movement Oct 2025

In Southeast Asia, paraffin wax prices dropped sharply to 0.95 USD/Kg in October 2025, a notable 18.0% decline. The fall was primarily due to weak downstream demand and oversupply from regional refineries. Softer crude oil prices and sluggish export orders further weighed down market sentiment in the region.

Regional Analysis: The price analysis can be expanded to include detailed Paraffin Wax price data for a wide range of Southeast Asia countries such as Indonesia, Malaysia, Singapore, Thailand, Vietnam, Philippines, Myanmar, Cambodia, Laos, Brunei & Timor-Leste

North America Paraffin Wax Prices Movement Oct 2025

Paraffin wax prices in North America climbed to 1.23 USD/Kg in October 2025, recording a 2.6% increase. The rise stemmed from steady industrial and consumer demand, especially in packaging and candle production. Supply tightness and higher logistics costs also contributed to the modest upward movement in regional pricing.

Regional Analysis: The price analysis can be extended to provide detailed Paraffin Wax price information for the following list of countries.

United States of America (USA), Canada & Mexico

Note: The analysis can be tailored to align with the customer's specific needs.

Speak to an Analyst: https://www.imarcgroup.com/request?type=report&id=22395&flag=C

What is Paraffin Wax?

Paraffin Wax is a white or colorless soft solid derived from petroleum, coal, or shale oil. It is primarily composed of saturated hydrocarbons and is widely used in candle making, packaging, cosmetics, and as a moisture barrier. Its versatility also makes it valuable in industrial coatings and rubber applications.

Factors Affecting Paraffin Wax Supply and Prices (October 2025)

In October 2025, paraffin wax prices were influenced by fluctuations in crude oil prices, refinery output levels, and transportation costs. Seasonal demand from the candle and cosmetic sectors supported market growth. However, regional supply disruptions, energy cost variations, and export dynamics continued to shape pricing patterns globally.

Paraffin Wax Index (October 2025)

The Paraffin Wax Price Index reflected a mixed regional trend in October 2025. While Africa, Europe, and North America experienced steady to strong gains due to higher industrial demand, Southeast Asia recorded a notable decline owing to oversupply and reduced consumption. Global market sentiment remained moderately firm overall.

Recent Market News and Developments

In Q4 2025, increased refinery maintenance activities and tighter feedstock availability contributed to temporary supply challenges in several markets. Meanwhile, sustainability initiatives encouraged the use of refined and odorless grades of paraffin wax in premium packaging and cosmetic products. Importers in Asia faced fluctuating freight costs due to changing trade routes.

Market Trend Analysis (October 2025)

Global paraffin wax prices trended upward across most regions, driven by strong downstream consumption and constrained supply in certain markets. The rise in energy and transportation costs supported bullish momentum. However, Southeast Asia faced declining values due to inventory buildup and weakened demand from candle manufacturers.

Future and Current Demand Outlook (2025 and Beyond)

The demand for paraffin wax is projected to remain steady through 2025, supported by its use in packaging, cosmetics, and food applications. Growing consumer preference for sustainable and high-quality wax products will drive innovation in bio-based alternatives. Industrial uses in coatings and rubber compounds will further sustain long-term demand growth.

Key Coverage:
• Market Analysis
•Market Breakup by Region
•Demand Supply Analysis by Type
•Demand Supply Analysis by Application
•Demand Supply Analysis of Raw Materials
•Price Analysis
•Spot Prices by Major Ports
•Price Breakup
•Price Trends by Region
•Factors influencing the Price Trends
•Market Drivers, Restraints, and Opportunities
•Competitive Landscape
•Recent Developments
•Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, "Paraffin Wax Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition," presents a detailed analysis of Paraffin Wax price trend, offering key insights into global Paraffin Wax market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Paraffin Wax demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC's data-driven approach helps businesses navigate complex markets with precision and confidence.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145

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