Maharashtra, India -- (SBWire) -- 02/13/2019 --Paraffin wax Market: Paraffin wax is a white or colorless soft solid derivable from petroleum, coal or oil shale that consists of a mixture of hydrocarbon molecules containing between twenty and forty carbon atoms.

Paraffin Wax have wide range of applications, such as candles, food, pyrotechnics, fiberboard, etc. Candles was the most widely used area which took up about 39.8% of the global total in 2017.
The global Paraffin Wax market was 5810 million US$ in 2018 and is expected to 7290 million US$ by the end of 2025, growing at a CAGR of 2.9% between 2019 and 2025.

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The key manufacturers in this market include
CNPC
Exxon Mobile
Sinopec
Shell
Sasol
LUKOIL
PDVSA
Petrobras
ENI
Cepsa
MOL
Nippon Seiro
IGI
Calumet
Samir
HollyFrontier
Hansen & Rosenthal

By the product type, the market is primarily split into
Fully Refined Wax
Semi-refined Wax
Others (Food Grade, Ceresine Wax etc.)

By the end users/application, this report covers the following segments
Candles
Food
Pyrotechnics
Fiberboard
Other industries

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Manufacturing cost structure:
The Paraffin wax Market report also studies the manufacturing cost structure and presents the various details such as raw material, overall production process, and the industry chain structure. Every region key factors are provided which is attracting this market towards growth. The report also elaborates on the opportunities the emerging markets of Asia Pacific and Latin America offer and Globally.

Important Facts About Paraffin wax Market Report:
-This research report reveals Paraffin wax Market business overview, product overview, market share, supply chain analysis, demand and supply ratio and import/export details.
-The Industry report features different approaches and procedures endorsed by the Paraffin wax Market key players to make vital business decisions.
-Paraffin wax Market depicts some parameters such as production value, Paraffin wax Marketing strategy analysis, Distributors/Traders and effect factors is also mentioned in this Paraffin wax Market research report.

Key questions answered in the report include:
What will the market growth rate of Paraffin wax Market in 2025?
What are the key factors driving the Global Paraffin wax Market?
Who are the key manufacturers in Paraffin wax Market space?
What are the market opportunities, market risk and market overview of the Paraffin wax Market?
What are sales, revenue, and price analysis of top manufacturers of Paraffin wax Market?
Who are the distributors, traders and dealers of Paraffin wax Market?

Detailed TOC and Charts Tables of Global Paraffin wax Market research Report available at :https://www.reportsmonitor.com/report/330818/Paraffin-Wax-Market

Reasons for Buying this Report:
-Paraffin wax Market report provides pin-point analysis for changing competitive dynamics.
-It provides a forward looking perspective on different factors driving or restraining market growth.
-It provides a six-year forecast assessed on the basis of how the market is predicted to grow.
-It helps in understanding the key product segments and their future.
-It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.

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