Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Paraffin Wax Semi Refined Market by Type (Melting Point 52/54, Melting Point 54/56), By Application (Candles, Packaging, Cosmetics, Hotmelts, Board Sizing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Paraffin Wax Semi Refined Market by Type (Melting Point 52/54, Melting Point 54/56), By Application (Candles, Packaging, Cosmetics, Hotmelts, Board Sizing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137838 3300 Chemical & Material 377 248 Pages 5 (47)
                                          

Market Overview:


The global paraffin wax semi refined market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for candles, packaging, cosmetics, and hotmelts applications. In terms of type, the melting point 52/54 segment is expected to grow at a higher CAGR than the melting point 54/56 segment during the forecast period. Regionally, North America is expected to lead the global paraffin wax semi refined market in terms of revenue by 2030 owing to high demand from end-use industries such as candles and packaging.


Global Paraffin Wax Semi Refined Industry Outlook


Product Definition:


A type of wax that is made from petroleum and used in a variety of industrial and household products, including candles, crayons, food packaging, and polishes.


Melting Point 52/54:


Melting point 52/54 is a type of wax that has a melting point between the range of 40°C to 50°C and boiling point between the range of 150 °C to 160 °C. It’s also known as liquid paraffin or semi-refined wax.


Melting Point 54/56:


Melting point 54/56 is a type of petroleum wax that has a melting range between 40 °C and 46 °C. It is also known as the semi-refined paraffin wax or microcrystalline wax. Melting point 54/56 has applications in cosmetics, pharmaceuticals, food & beverages and rubber industries. The major application of this product is in the production of candles which are used for religious purposes across various churches on Christmas, Easter and other festivals.


Application Insights:


Candles were the leading application segment and accounted for over 60.0% of global paraffin wax semi refined market in 2017. The candles are widely used for home fragrance as well as for decorative purposes. Increasing purchasing power, especially in major economies such as China, India and the U.S., is expected to drive demand from the decorative segment over the forecast period.


The packaging segment is projected to witness significant growth at a CAGR of XX%, in terms of volume during the forecast period owing to high product utilization in food packaging applications including cheese wheels, meatballs and chicken nuggets among others which are popularly known as ¢â‚¬Ëœfast foods¢â‚¬â„¢ across various regions globally due to their increasing consumption rate among consumers particularly those living in emerging nations such as China.


Regional Analysis:


Asia Pacific was the largest market for global paraffin wax semi refined and accounted for a revenue share of over 45% in 2017. The region is expected to witness significant growth in demand on account of increasing product consumption in packaging, candles, cosmetics and hotmelt applications. China is one of the major consumers owing to growing domestic production coupled with low manufacturing cost as compared to other countries.


North America emerged as the second-largest consumer due to high demand from end-use industries such as cosmetics, food & beverage and pharmaceuticals along with increased usage in industrial applications including board sizing. U.S.


Growth Factors:


  • Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
  • Rising investment in R&D by paraffin wax manufacturers to develop new products and applications
  • Growing popularity of candles and other decorative items made from paraffin wax
  • Increasing use of paraffin wax in manufacturing advanced composites and insulation materials
  • Proliferation of online retail platforms that offer a wide range of paraffin wax products at competitive prices

Scope Of The Report

Report Attributes

Report Details

Report Title

Paraffin Wax Semi Refined Market Research Report

By Type

Melting Point 52/54, Melting Point 54/56

By Application

Candles, Packaging, Cosmetics, Hotmelts, Board Sizing

By Companies

C.J. Robinson, Dhariwal Corp, Sasol, ExxonMobil, Petrobras, Shell, Nippon Seiro, Repsol, MNF Petroleum Products

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

248

Number of Tables & Figures

174

Customization Available

Yes, the report can be customized as per your need.


Global Paraffin Wax Semi Refined Market Report Segments:

The global Paraffin Wax Semi Refined market is segmented on the basis of:

Types

Melting Point 52/54, Melting Point 54/56

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Candles, Packaging, Cosmetics, Hotmelts, Board Sizing

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. C.J. Robinson
  2. Dhariwal Corp
  3. Sasol
  4. ExxonMobil
  5. Petrobras
  6. Shell
  7. Nippon Seiro
  8. Repsol
  9. MNF Petroleum Products

Global Paraffin Wax Semi Refined Market Overview


Highlights of The Paraffin Wax Semi Refined Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Melting Point 52/54
    2. Melting Point 54/56
  1. By Application:

    1. Candles
    2. Packaging
    3. Cosmetics
    4. Hotmelts
    5. Board Sizing
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Paraffin Wax Semi Refined Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Paraffin Wax Semi Refined Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Paraffin wax semi refined is a type of wax that has had the majority of the impurities removed. This leaves it with a higher melting point and a more refined texture than other types of wax.

Some of the key players operating in the paraffin wax semi refined market are C.J. Robinson, Dhariwal Corp, Sasol, ExxonMobil, Petrobras, Shell, Nippon Seiro, Repsol, MNF Petroleum Products.

The paraffin wax semi refined market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Paraffin Wax Semi Refined Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Paraffin Wax Semi Refined Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Paraffin Wax Semi Refined Market - Supply Chain
   4.5. Global Paraffin Wax Semi Refined Market Forecast
      4.5.1. Paraffin Wax Semi Refined Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Paraffin Wax Semi Refined Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Paraffin Wax Semi Refined Market Absolute $ Opportunity

5. Global Paraffin Wax Semi Refined Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      5.3.1. Melting Point 52/54
      5.3.2. Melting Point 54/56
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Paraffin Wax Semi Refined Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      6.3.1. Candles
      6.3.2. Packaging
      6.3.3. Cosmetics
      6.3.4. Hotmelts
      6.3.5. Board Sizing
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Paraffin Wax Semi Refined Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Paraffin Wax Semi Refined Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Paraffin Wax Semi Refined Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Paraffin Wax Semi Refined Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Paraffin Wax Semi Refined Demand Share Forecast, 2019-2029

9. North America Paraffin Wax Semi Refined Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Paraffin Wax Semi Refined Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      9.4.1. Candles
      9.4.2. Packaging
      9.4.3. Cosmetics
      9.4.4. Hotmelts
      9.4.5. Board Sizing
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      9.7.1. Melting Point 52/54
      9.7.2. Melting Point 54/56
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Paraffin Wax Semi Refined Demand Share Forecast, 2019-2029

10. Latin America Paraffin Wax Semi Refined Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Paraffin Wax Semi Refined Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      10.4.1. Candles
      10.4.2. Packaging
      10.4.3. Cosmetics
      10.4.4. Hotmelts
      10.4.5. Board Sizing
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      10.7.1. Melting Point 52/54
      10.7.2. Melting Point 54/56
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Paraffin Wax Semi Refined Demand Share Forecast, 2019-2029

11. Europe Paraffin Wax Semi Refined Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Paraffin Wax Semi Refined Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      11.4.1. Candles
      11.4.2. Packaging
      11.4.3. Cosmetics
      11.4.4. Hotmelts
      11.4.5. Board Sizing
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      11.7.1. Melting Point 52/54
      11.7.2. Melting Point 54/56
   11.8 Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Paraffin Wax Semi Refined Demand Share, 2019-2029

12. Asia Pacific Paraffin Wax Semi Refined Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Paraffin Wax Semi Refined Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      12.4.1. Candles
      12.4.2. Packaging
      12.4.3. Cosmetics
      12.4.4. Hotmelts
      12.4.5. Board Sizing
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      12.7.1. Melting Point 52/54
      12.7.2. Melting Point 54/56
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Paraffin Wax Semi Refined Demand Share, 2019-2029

13. Middle East & Africa Paraffin Wax Semi Refined Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Paraffin Wax Semi Refined Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Paraffin Wax Semi Refined Market Size and Volume Forecast by Application
      13.4.1. Candles
      13.4.2. Packaging
      13.4.3. Cosmetics
      13.4.4. Hotmelts
      13.4.5. Board Sizing
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Paraffin Wax Semi Refined Market Size and Volume Forecast by Type
      13.7.1. Melting Point 52/54
      13.7.2. Melting Point 54/56
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Paraffin Wax Semi Refined Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Paraffin Wax Semi Refined Market: Market Share Analysis
   14.2. Paraffin Wax Semi Refined Distributors and Customers
   14.3. Paraffin Wax Semi Refined Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. C.J. Robinson
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Dhariwal Corp
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Sasol
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. ExxonMobil
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Petrobras
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Shell
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Nippon Seiro
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Repsol
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. MNF Petroleum Products
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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