The global semi-refined paraffin wax market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for cosmetic grade paraffin wax in Asia Pacific and Europe, which are expected to drive the demand for cosmetic grade paraffin wax in these regions.
The global semi-refined paraffin wax market is segmented on the basis of type, application and region. On the basis of type, it is classified into industrial grade and cosmetic grade; on the basis of application it is classified into candles, packaging, cosmetics, hotmelts board sizing rubber; on the basis of region it is classified into North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for paraffin wax in the food and beverage industry is also driving this market's growth as it helps preserve food products and prevents them from spoiling quickly due to oxidation or contamination with microorganisms such as bacteria and fungi that can cause spoilage or illness when consumed by humans or animals.
- Increasing use of semi-refined paraffin wax in cosmetics and personal care products such as lipsticks, lotions, creams, hair care products etc, is also contributing to its growth over the forecast period (2016-2020) This type of wax has been used since ancient times for its moisturizing properties which help keep skin soft and supple while preventing dryness caused by cold weather conditions or harsh soaps that strip away natural oils from skin surface layers; it also helps prevent wrinkles on skin surface layers caused due to aging process which makes it an important ingredient in cosmetic formulations today; moreover, it provides protection against UV rays which can cause sunburns on skin surface layers leading to cancerous cells if not protected properly with sunscreen lotions containing SPF (sun protection factor) levels higher than 15+.
Industry Growth Insights published a new data on “Semi Refined Paraffin Wax Market”. The research report is titled “Semi Refined Paraffin Wax Market research by Types (Industrial Grade, Cosmetic Grade, Other), By Applications (Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, Other), By Players/Companies Sasol, ExxonMobil, Petrobras, Shell, Nippon Seiro, Repsol, Shell”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi Refined Paraffin Wax Market Research Report
By Type
Industrial Grade, Cosmetic Grade, Other
By Application
Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, Other
By Companies
Sasol, ExxonMobil, Petrobras, Shell, Nippon Seiro, Repsol, Shell
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Semi Refined Paraffin Wax Market Report Segments:
The global Semi Refined Paraffin Wax market is segmented on the basis of:
Types
Industrial Grade, Cosmetic Grade, Other
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, Rubber, Other
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:
- Sasol
- ExxonMobil
- Petrobras
- Shell
- Nippon Seiro
- Repsol
- Shell
Highlights of The Semi Refined Paraffin Wax Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Cosmetic Grade
- Other
- By Application:
- Candles
- Packaging
- Cosmetics
- Hotmelts
- Board Sizing
- Rubber
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Semi Refined Paraffin Wax 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.
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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Semi refined paraffin wax is a type of wax that has had some of the impurities removed. This makes it a more refined product, and it is often used in candles and other products where a high level of quality is desired.
Some of the major companies in the semi refined paraffin wax market are Sasol, ExxonMobil, Petrobras, Shell, Nippon Seiro, Repsol, Shell.
The semi refined paraffin wax market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Semi Refined Paraffin Wax 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. Semi Refined Paraffin Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Semi Refined Paraffin Wax Market - Supply Chain
4.5. Global Semi Refined Paraffin Wax Market Forecast
4.5.1. Semi Refined Paraffin Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Semi Refined Paraffin Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Semi Refined Paraffin Wax Market Absolute $ Opportunity
5. Global Semi Refined Paraffin Wax 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. Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Cosmetic Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Semi Refined Paraffin Wax 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. Semi Refined Paraffin Wax 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
6.3.6. Rubber
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Semi Refined Paraffin Wax 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. Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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. Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax Demand Share Forecast, 2019-2026
9. North America Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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
9.4.6. Rubber
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Cosmetic Grade
9.7.3. Other
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 Semi Refined Paraffin Wax Demand Share Forecast, 2019-2026
10. Latin America Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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
10.4.6. Rubber
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Cosmetic Grade
10.7.3. Other
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 Semi Refined Paraffin Wax Demand Share Forecast, 2019-2026
11. Europe Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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
11.4.6. Rubber
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Cosmetic Grade
11.7.3. Other
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 Semi Refined Paraffin Wax Demand Share, 2019-2026
12. Asia Pacific Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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
12.4.6. Rubber
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Cosmetic Grade
12.7.3. Other
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 Semi Refined Paraffin Wax Demand Share, 2019-2026
13. Middle East & Africa Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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 Semi Refined Paraffin Wax 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
13.4.6. Rubber
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Semi Refined Paraffin Wax Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Cosmetic Grade
13.7.3. Other
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 Semi Refined Paraffin Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Semi Refined Paraffin Wax Market: Market Share Analysis
14.2. Semi Refined Paraffin Wax Distributors and Customers
14.3. Semi Refined Paraffin Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sasol
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ExxonMobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Petrobras
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nippon Seiro
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Repsol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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
