Global Synthetic Paraffin Wax Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Synthetic Paraffin Wax Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Synthetic Paraffin Wax is a white or colorless soft solid derivable from petroleum, coal or oil shale that consists of a mixture of hydrocarbon molecules containing between twenty and forty carbon atoms.

According to our (Global Info Research) latest study, the global Synthetic Paraffin Wax market size was valued at US$ 6726 million in 2023 and is forecast to a readjusted size of USD 8884 million by 2030 with a CAGR of 4.1% during review period.

Global Synthetic Paraffin Wax key players include CNPC, Exxon Mobile, Sinopec, etc. Global top three manufacturers hold a share about 50%.

Asia-Pacific is the largest market, with a share about 35%, followed by Americas and Europe, both have a share about 55 percent.

In terms of product, Fully Refined Wax is the largest segment, with a share about 45%. And in terms of application, the largest application is Candles, followed by Food.

This report is a detailed and comprehensive analysis for global Synthetic Paraffin Wax 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 2024, are provided.

Key Features:

Global Synthetic Paraffin Wax market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Synthetic Paraffin Wax market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Synthetic Paraffin Wax market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Synthetic Paraffin Wax market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

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 Synthetic Paraffin Wax

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 Synthetic Paraffin Wax 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 CNPC, Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras, ENI, Cepsa, etc.

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

Market Segmentation

Synthetic Paraffin Wax market is split by Type and by Application. For the period 2019-2030, 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
Fully Refined Wax
Semi Refined Wax
Others

Market segment by Application
Candles
Food
Pyrotechnics
Fiberboard
Other Industries (rubber, hammock cloth etc.)

Major players covered
CNPC
Exxon Mobile
Sinopec
Shell
Sasol
LUKOIL
PDVSA
Petrobras
ENI
Cepsa
MOL
Nippon Seiro
IGI
Calumet
Samir
HollyFrontier
Hansen & Rosenthal

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 Synthetic Paraffin Wax product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Synthetic Paraffin Wax, with price, sales quantity, revenue, and global market share of Synthetic Paraffin Wax from 2019 to 2024.

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

Chapter 4, the Synthetic Paraffin Wax breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and Synthetic Paraffin Wax market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 Synthetic Paraffin Wax.

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