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Paraffin Wax Market By Application (Candles, Packaging, Adhesives, Rubber, Board Sizing, Cosmetics) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

This report titled “Paraffin Wax Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in Paraffin Wax market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based application and geographical distribution.

The global paraffin wax market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for paraffin wax. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, Middle East & Africa and Asia Pacific.

On the basis of application, the global paraffin wax market is categorized into candles, packaging, adhesives, rubber, board sizing, cosmetics and others. In addition, paraffin wax manufacturing companies, distributors and academic organizations form the major client types for paraffin wax market. Market size (Mn Tons) (US$ Bn) and forecast for all the considered segmentation is presented in this report for the period 2015-2025 along with their respective CAGRs (%) for the forecast period 2017-2025.

In terms of geographical distribution, the global paraffin wax market is a study for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global Paraffin Wax market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global Paraffin Wax market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of paraffin wax.

Based on the application, the global paraffin wax market is segmented as follows:

  • Candles
  • Packaging
  • Adhesives
  • Rubber
  • Board Sizing
  • Cosmetics
  • Others

Paraffin Wax Market

On the basis of application, the global paraffin wax market can be segmented into candles, packaging, adhesives, rubber, boards sizing, cosmetics and others. In 2016, candles was observed to be the largest application segment and is projected to maintain its dominance during the forecast period. Growing demand for candles coupled low cost for installation of manufacturing facility is expected to fuel the production and supply of candles which in turn is anticipated to drive the demand for the paraffin wax over the forecast period. Packaging segment is anticipated to be the fastest growing segment in the global paraffin wax market. The growth of the segment is augmented by increase demand for packaging products from various industries including food and beverage, electronics, pharmaceutical, home & personal care goods and others are projected to drive the growth of the segment over the forecast period (2017-2025).

For the purpose of this study, the global paraffin wax market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Paraffin Wax Market

On the basis of geography, global paraffin wax market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific accounted for the largest share in global paraffin wax market and is projected to maintain its dominance during the forecast period. Rapid growth in disposable income changing the lifestyle of the consumers, subsequently fueling the demand for the demand cosmetics, packaging, rubber and other paraffin wax products in the region which in turn is driving the demand for the paraffin wax in the region during the forecast period. Moreover, rapid industrial and infrastructural development in the region due to growing urbanization is expected to fuel the demand for products such as rubber, adhesives and others which in turn is projected to drive the demand for paraffin wax in the region during the forecast period. Followed by it, Europe stood at second position accounted for significant share in the global paraffin wax market in 2016. Strong presence of manufacturing industry in the region is expected to drive the demand for packaging products made up of paraffin wax. This in turn is anticipated to drive the demand for the paraffin wax in the region during the forecast period (2017-2025).

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Published Date:  May 2017
Category:  Oil & Gas
Report ID:   58471
Report Format:   PDF
Pages:   120
Rating:    4.2 (55)
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