Global Slack Wax Market Growth 2023-2029

Global Slack Wax Market Growth 2023-2029

Slack wax is a mixture of oil and wax, obtained from lubricating oil. Slack wax is the crude wax produced by chilling and solvent filter-pressing wax distillate. It serves as feedstock and that is further refined and blended to create value-added petroleum wax products.

Slack wax is used in emulsions, construction board, matches, candles, rust protective products and moisture vapor barriers, polishes, inks, carbon paper and externally can be applied as good dust suppressants or controlled-release agents for various chemical and fertilizers.
LPI (LP Information)' newest research report, the “Slack Wax Industry Forecast” looks at past sales and reviews total world Slack Wax sales in 2022, providing a comprehensive analysis by region and market sector of projected Slack Wax sales for 2023 through 2029. With Slack Wax sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Slack Wax industry.
This Insight Report provides a comprehensive analysis of the global Slack Wax 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 Slack Wax portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Slack Wax market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Slack Wax 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 Slack Wax.
The global Slack Wax market size is projected to grow from US$ 762.4 million in 2022 to US$ 1071.2 million in 2029; it is expected to grow at a CAGR of 1071.2 from 2023 to 2029.
Exxon Mobil, CNPC, Shell, Imanol Oil, Pertamina and Thai Oil are the leading producers of Slack Wax, the top 5 accounting for approximately 40% of the total market.
APAC is the largest market for Slack Wax, accounting for about half of the total market, followed by Europe with 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Slack Wax market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Slack Wax LMO
Slack Wax MMO
Slack Wax SPO
Segmentation by application
Candle
Particle Board & MDF
Polishing
Sealing
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.
Shell
Exxon Mobil
BP
IRPC
Pertamina
H&R Gruppe
American Refining Group
Iranol Oil
Thai Oil
CNPC
Sinopec
Key Questions Addressed in this Report
What is the 10-year outlook for the global Slack Wax market?
What factors are driving Slack Wax market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Slack Wax market opportunities vary by end market size?
How does Slack Wax 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.