Global Liquid Paraffin Market Growth 2023-2029

Global Liquid Paraffin Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Liquid Paraffin Industry Forecast” looks at past sales and reviews total world Liquid Paraffin sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Paraffin sales for 2023 through 2029. With Liquid Paraffin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Paraffin industry.

This Insight Report provides a comprehensive analysis of the global Liquid Paraffin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Paraffin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Paraffin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Paraffin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Paraffin.

The global Liquid Paraffin market size is projected to grow from US$ 2122.8 million in 2022 to US$ 2686.8 million in 2029; it is expected to grow at a CAGR of 2686.8 from 2023 to 2029.

Global Liquid Paraffin key players include Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, etc. Global top five players hold a share about 30%.

EMEA is the largest market, with a share about 30%, followed by China and Japan, having a total share about 35 percent.

In terms of product, Heavy Liquid Paraffin is the largest segment, with a share about 55%. And in terms of application, the largest application is LAB, followed by Chlorinated Paraffin, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Paraffin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Light Liquid Paraffin

Heavy Liquid Paraffin

Segmentation by application

LAB

Chlorinated Paraffin

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Sasol

Shell

Exxon Mobil

Farabi Petrochem

Savita

Nippon Oil

CEPSA

SEOJIN CHEM

Sonneborn

MORESCO

KDOC

Atlas Setayesh Mehr

Gandhar Oil

FPCC

UNICORN

Sovereign

CNPC

Sinopec

ChemChina

Yitai Petro

Key Questions Addressed in this Report

What is the 10-year outlook for the global Liquid Paraffin market?

What factors are driving Liquid Paraffin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Liquid Paraffin market opportunities vary by end market size?

How does Liquid Paraffin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.