Press release
Increasing Gowth Of Paraffin Wax Market to grow at a CAGR of 3.93% to 2017-2021
About Paraffin Wax
Wax is an organic compound with water resistance and malleability. It is soft under normal temperature and turns into a liquid with low viscosity when heated. The chemical nature of the compound is complex. It is used in various industries such as candles, packaging, rubber, cosmetics, and adhesives. Paraffin wax is a petroleum derivative and contains a mixture of different hydrocarbons, especially solid alkanes. Liquid paraffin is used in cosmetics and medicines. It is unreactive like all other alkanes.
Technavios analysts forecast the global paraffin wax market to grow at a CAGR of 3.93% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global paraffin wax market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW
Technavio's report, Global Paraffin Wax Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ExxonMobil
China Petrochemical Corporation
PetroChina International
SASOL
Shell International
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Other prominent vendors
AromaChimie
Blended Waxes
Calumet Specialty Products Partners
CEPSA
CHEMACT(LIAONING) PETROCHEMICALS
Ergon
Fushun NingYuan Peterochemicals
H&R Group
Indian Oil Corporation
International Group
JSC MINERAL WAX PLANT
Marcus Oil & Chemical
Nippon Seiro
PersiaParaffin
Petrobras
Market driver
Increasing market growth
For a full, detailed list, view our report
Market challenge
Shifting demand for natural wax
For a full, detailed list, view our report
Market trend
Use of paraffin wax in tarpaulin
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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