Global Liquid Paraffin Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Liquid Paraffin market size was valued at US$ 2975 million in 2024 and is forecast to a readjusted size of USD 3609 million by 2031 with a CAGR of 2.8% during review period.

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.

Liquid paraffin can be classified as light and heavy product. In alkanes, those with lower carbon atoms such as C9-C13 are light waxes, and those with higher carbon atoms such as C14-C20 are heavy waxes.

The global key Liquid Paraffin manufacturers include Sasol, Shell, CNPC, Sinopec, Exxon Mobil, Farabi Petrochem, Savita, ENEOS Corporation, CEPSA etc. Top 5 players hold above 40% of the global market share. Besides the liquid paraffin, these players also produce solid paraffin wax and other by-product of crude oil and natural gas.

Geographically, APAC is the fastest-growing region, especially China, which plays a more important role in the world. China only holds above 1/4 of the global market, while the APAC holds about 45% of the global share.

This report is a detailed and comprehensive analysis for global Liquid Paraffin market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Liquid Paraffin market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Liquid Paraffin market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Liquid Paraffin market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Liquid Paraffin market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Liquid Paraffin

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Liquid Paraffin market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, ENEOS Corporation, CEPSA, Seojin Chemical, Sonneborn, MORESCO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Liquid Paraffin market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Light Liquid Paraffin
Heavy Liquid Paraffin

Market segment by Application
LAB
Chlorinated Paraffin
Others

Major players covered
Sasol
Shell
Exxon Mobil
Farabi Petrochem
Savita
ENEOS Corporation
CEPSA
Seojin Chemical
Sonneborn
MORESCO
KDOC
H&R Group
Gandhar Oil
FPCC
Unicorn Petroleum
Eni Oil Products
CNPC
Sinopec
ChemChina
Yitai Group

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Liquid Paraffin product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Liquid Paraffin, with price, sales quantity, revenue, and global market share of Liquid Paraffin from 2020 to 2025.

Chapter 3, the Liquid Paraffin competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Liquid Paraffin breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Liquid Paraffin market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Liquid Paraffin.

Chapter 14 and 15, to describe Liquid Paraffin sales channel, distributors, customers, research findings and conclusion.