New York, NY -- (SBWIRE) -- 10/12/2017 -- The analysts forecast the global paraffin wax market to grow at a CAGR of 3.93% during the period 2017-2021.

Wax is an organic compound with water resistance and malleability. It is soft under normal temperature and turns into a liquid with low viscosity when heated. The chemical nature of the compound is complex. It is used in various industries such as candles, packaging, rubber, cosmetics, and adhesives. Paraffin wax is a petroleum derivative and contains a mixture of different hydrocarbons, especially solid alkanes. Liquid paraffin is used in cosmetics and medicines. It is unreactive like all other alkanes.

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Covered in this report

The report covers the present scenario and the growth prospects of the global paraffin wax market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

The report, Global Paraffin Wax Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ExxonMobil
- China Petrochemical Corporation'
- PetroChina International
- SASOL
- Shell International

Other prominent vendors
- AromaChimie
- Blended Waxes
- Calumet Specialty Products Partners
- CEPSA
- CHEMACT(LIAONING) PETROCHEMICALS
- Ergon
- Fushun NingYuan Peterochemicals
- H&R Group
- Indian Oil Corporation
- International Group
- JSC MINERAL WAX PLANT
- Marcus Oil & Chemical
- Nippon Seiro
- PersiaParaffin
- Petrobras

Market driver
- Increasing market growth
- For a full, detailed list, view our report

Market challenge
- Shifting demand for natural wax
- For a full, detailed list, view our report

Market trend
- Use of paraffin wax in tarpaulin
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline

PART 05: Market landscape
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by application
- Overview: Global paraffin wax market by application
- Global paraffin wax market for candle segment
- Global paraffin wax market for packaging segment
- Global paraffin wax market for board sizing segment
- Global paraffin wax market for rubber segment
- Global paraffin wax market for hotmelts segment
- Global paraffin wax market for cosmetics segment
- Global paraffin wax market for others segment

PART 07: Geographical segmentation
- Overview: Global paraffin wax market by geography
- Paraffin wax market in APAC
- Paraffin wax market in Americas
- Paraffin wax market in Europe
- Paraffin wax market in ROW

PART 08: Decision framework

PART 09: Drivers and challenges
- Market drivers
- Market challenges

PART 10: Market trends
- Use of paraffin wax in tarpaulin
- Expansion of production capacity
- Decreasing oil production capacities in Europe
- Competitive scenario
- Other prominent vendors

PART 11: Key vendor analysis
- PetroChina International
- China Petrochemical Corporation
- SASOL
- Shell International
- ExxonMobil

PART 12: Appendix
- List of abbreviations

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