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Published: Feb, 2017 | Pages:
80 | Publisher: Grand View Research
Industry: Petrochemicals | Report Format: Electronic (PDF)
The global paraffin wax market is expected to reach USD 7.27 billion by 2025, according to a new report published by Grand View Research, Inc. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period. Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years. Further Key Findings from the Study Suggest: The global industry demand was 3,461.8 kilo tons in 2015 and is expected to grow substantially on account of increasing demand for home fragrance products in countries including China, the UK, India, and the U.S. Cosmetic application segment is projected to show volume grow at a CAGR of 4.2% from 2016 to 2025. Increasing usage of these products as body moisturizers in dermatology is likely to fuel growth. Rising demand for creams, lipsticks, ointments, and personal care products is expected to drive industry growth. Developing personal care industry in countries including the U.S., India, France, China, Brazil, Argentina, Russia, Indonesia, South Africa, Thailand, Saudi Arabia, and UAE is further expected to create growth opportunities for the product over the upcoming years. Asia Pacific was the leading market in 2015 and is projected to foresee rapid revenue growth at a CAGR of 4.4% from 2016 to 2025. The increase is attributed to the rapid development of packaging, personal care, and adhesives industries in the region. Growing utilization of these waxes in hot melt adhesives mainly in China, South Korea, Australia, India, and Taiwan will spur industry expansion over the next nine years. The industry is highly competitive with a large number of participants in China, the U.S., India, and South Africa. Key players include ExxonMobil, PetroChina Company Limited, Sinopec, International Group Inc., Repsol, IOCL, and Sasol. ExxonMobil provides semi refined paraffin wax which finds applications in packaging and adhesives and complies with Food and Drug Administration (FDA) specifications Companies such as Sasol provide non-toxic paraffin wax which is produced by environment-friendly technology, i.e., high-pressure hydrogenation. This innovation, in turn, will create new opportunities for growth over the next nine years.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Paraffin Wax Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Raw material outlook
3.5. Technological overview
3.6. Regulatory framework
3.7. Paraffin wax market dynamics
3.7.1. Market driver analysis
3.7.2. Market restraints analysis
3.8. Paraffin wax market Porter's analysis
3.9. Paraffin wax market PESTEL analysis
Chapter 4. Paraffin Wax Market: Application Estimates & Trend Analysis
4.1. Application Movement Analysis & Market Share, 2015 & 2025
4.2. Candles
4.2.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.2.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.3. Packaging
4.3.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.3.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.4. Cosmetics
4.4.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.4.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.5. Hotmelts
4.5.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.5.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.6. Board Sizing
4.6.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.6.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.7. Rubber
4.7.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.7.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
4.8. Others
4.8.1. Market estimates and forecasts, 2014 - 2025 (Kilo Tons) (USD Million)
4.8.2. Market estimates and forecasts, by region, 2014 - 2025 (Kilo Tons) (USD Million)
Chapter 5. Paraffin Wax Market: Regional Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2015 & 2025
5.2. North America
5.2.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.2.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.2.3.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.3. Europe
5.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.3.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.3.3.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.4.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.4.3. China
5.4.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.4.3.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.4.4. India
5.4.4.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.4.4.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.5. Central & South America
5.5.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.5.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.5.3.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
5.6. Middle East & Africa (MEA)
5.6.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million)
5.6.2. Market estimates and forecast, by application, 2014 - 2025 (Kilo Tons) (USD Million)
Chapter 6. Competitive Landscape
6.1. Competitive Landscape, 2015
6.2. Vendor landscape
6.3. Competitive environment
6.4. Company market positioning
6.5. Strategy framework
Chapter 7. Company Profiles
7.1 PetroChina Company Limited
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Sinopec
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 IOCL
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Sasol
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 ExxonMobil
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 International Group, Inc.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Petrobras
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Petro-Canada
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Nippon Seiro Co., Ltd.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Repsol
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
7.11 H&R Group
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Product Benchmarking
7.11.4 Strategic Initiatives
7.12 Frontier Wax
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
7.12.4 Strategic Initiatives
7.13 CEPSA
7.13.1 Company Overview
7.13.2 Financial Performance
7.13.3 Product Benchmarking
7.11.4 Strategic Initiatives
7.14 Calumet Specialty Products Partners, L.P.
7.14.1 Company Overview
7.14.2 Financial Performance
7.14.3 Product Benchmarking
7.14.4 Strategic Initiatives
7.15 Ergon, Inc.
7.15.1 Company Overview
7.15.2 Financial Performance
7.15.3 Product Benchmarking
7.15.4 Strategic Initiatives
7.16 Honeywell
7.16.1 Company Overview
7.16.2 Financial Performance
7.16.3 Product Benchmarking
7.16.4 Strategic Initiatives
List of Tables 1. Global paraffin wax market estimates and forecast in candles, 2014 - 2025 (Kilo Tons) (USD Million) 2. Global paraffin wax market estimates and forecast in candles, by region, 2014 - 2025 (Kilo Tons) 3. Global paraffin wax market estimates and forecast in candles, by region, 2014 - 2025 (USD Million) 4. Global paraffin wax market estimates and forecast in packaging, 2014 - 2025 (Kilo Tons) (USD Million) 5. Global paraffin wax market estimates and forecast in packaging, by region, 2014 - 2025 (Kilo Tons) 6. Global paraffin wax market estimates and forecast in packaging, by region, 2014 - 2025 (USD Million) 7. Global paraffin wax market estimates and forecast in cosmetics, 2014 - 2025 (Kilo Tons) (USD Million) 8. Global paraffin wax market estimates and forecast in cosmetics, by region, 2014 - 2025 (Kilo Tons) 9. Global paraffin wax market estimates and forecast in cosmetics, by region, 2014 - 2025 (USD Million) 10. Global paraffin wax market estimates and forecast in hotmelts, 2014 - 2025 (Kilo Tons) (USD Million) 11. Global paraffin wax market estimates and forecast in hotmelts, by region, 2014 - 2025 (Kilo Tons) 12. Global paraffin wax market estimates and forecast in hotmelts, by region, 2014 - 2025 (USD Million) 13. Global paraffin wax market estimates and forecast in board sizing, 2014 - 2025 (Kilo Tons) (USD Million) 14. Global paraffin wax market estimates and forecast in board sizing, by region, 2014 - 2025 (Kilo Tons) 15. Global paraffin wax market estimates and forecast in board sizing, by region, 2014 - 2025 (USD Million) 16. Global paraffin wax market estimates and forecast in rubber, 2014 - 2025 (Kilo Tons) (USD Million) 17. Global paraffin wax market estimates and forecast in rubber, by region, 2014 - 2025 (Kilo Tons) 18. Global paraffin wax market estimates and forecast in rubber, by region, 2014 - 2025 (USD Million) 19. Global paraffin wax market estimates and forecast in other applications, 2014 - 2025 (Kilo Tons) (USD Million) 20. Global paraffin wax market estimates and forecast in other applications, by region, 2014 - 2025 (Kilo Tons) 21. Global paraffin wax market estimates and forecast in other applications, by region, 2014 - 2025 (USD Million) 22. North America paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 23. North America paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 24. North America paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 25. U.S. paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 26. U.S. paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 27. U.S. paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 28. Europe paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 29. Europe paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 30. Europe paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 31. Germany paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 32. Germany paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 33. Germany paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 34. Asia Pacific paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 35. Asia Pacific paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 36. Asia Pacific paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 37. China paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 38. China paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 39. China paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 40. India paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 41. India paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 42. India paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 43. Latin America paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 44. Latin America paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 45. Latin America paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 46. Brazil paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 47. Brazil paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 48. Brazil paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million) 49. MEA paraffin wax market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 50. MEA paraffin wax market volume estimates and forecast by application, 2014 - 2025 (Kilo Tons) 51. MEA paraffin wax market revenue estimates and forecast by application, 2014 - 2025 (USD Million)
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