The global Synthetic Paraffin Wax market is expected to grow at an anticipated CAGR of 3.2% over the forecast period. Synthetic wax is usually derived from coal, shale oil or petroleum and is a mixture of hydrocarbons. Candles emerged as the dominant application segment in 2018 and this trend is expected to continue till the end of forecast period.
The global Synthetic Paraffin Wax market is segmented on the basis of Type and Application. The global Synthetic Paraffin Wax market is segmented based on Type as Industrial Grade, Cosmetic Grade, and Other. Based on Application the global Synthetic Paraffin Wax market is segregated as Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, and Other.
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The regional outlook on the global Synthetic Paraffin Wax market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Synthetic Paraffin Wax market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
Huge capital investment of multinational companies, strong integration of value chain, an pre-established distribution channels have raised high barriers of entry for new market participants.The global Synthetic Paraffin Wax market is highly competitive in nature with major players including Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras, ENI, Cepsa, MOL, Nippon Seiro, IGI, Calumet, Samir, HollyFrontier, Hansen & Rosenthal, and others.
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The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Synthetic Paraffin Wax market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Synthetic Paraffin Wax market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Synthetic Paraffin Wax Market, By Type
• Industrial Grade
• Cosmetic Grade
• Other
Synthetic Paraffin Wax Market, By Application
• Candles
• Packaging
• Cosmetics
• Hotmelts
• Board Sizing
• Rubber
• Other
Synthetic Paraffin Wax Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Exxon Mobile, Sinopec, Shell, Sasol, LUKOIL, PDVSA, Petrobras, ENI, Cepsa, MOL, Nippon Seiro, IGI, Calumet, Samir, HollyFrontier, Hansen & Rosenthal, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
TOC-
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Synthetic Paraffin Wax Market, By Type
5.1 Introduction
5.2 Industrial Grade
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Cosmetic Grade
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Other
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Synthetic Paraffin Wax Market, By Type
6.1 Introduction
6.2 Candles
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Packaging
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Cosmetics
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Hotmelts
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Board Sizing
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Rubber
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Other
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Synthetic Paraffin Wax Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Synthetic Paraffin Wax, By Type
7.2.2 North America Synthetic Paraffin Wax, By Application
7.3 Europe
7.3.1 Europe Synthetic Paraffin Wax, By Type
7.3.2 Europe Synthetic Paraffin Wax, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Synthetic Paraffin Wax, By Type
7.4.2 Asia-Pacific Synthetic Paraffin Wax, By Application
7.5 Rest of the World
7.5.1 Rest of the World Synthetic Paraffin Wax, By Type
7.5.2 Rest of the World Synthetic Paraffin Wax, By Application
Report Highlights
Global Synthetic Paraffin Wax market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Synthetic Paraffin Wax market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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