Paraffins Market Value with Status and Analysis 2023 to 2029

Data Bridge Market Research analyses that the paraffin market which was growing at a value of 5.13 billion in 2021 and is expected to reach the value of USD 7.75 billion by 2029, at a CAGR of 5.30% during the forecast period.

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This report evaluates the market size of the Global Paraffins Market and studies the strategic patterns adopted by prominent international players. The report also analyzes the market size in terms of projected future revenues. All data figures such as percentage splits and classifications are calculated from secondary sources and verified from original sources. The supply and demand aspects of the market are also covered in the study. It provides profiles and analysis of market leaders and other prominent businesses.

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Global Prominent Market Players:

BASF SE (Germany), Clariant (Switzerland), Numaligarh Refinery Limited (India), Trecora Resources (U.S.), Indian Oil Corporation Ltd (IOCL) (India), Goyel Chemical Corporation (India), Nippon Seiro Co., Ltd. (Japan), AVERY DENNISON CORPORATION (U.S.), Marcusoil (U.S.), Mitsui Chemicals, Inc., (Japan), 3M (U.S.), Sika AG (Switzerland),   Honeywell International Inc.,(U.S.), Westlake Corporation (U.S.), CPCL (India), Innospec (U.S.), and Others.

Market Segmentation:

Product Type

  • Fully refined
  • Semi-refined
  • Scales


  • Paraffin Wax
  • Liquid Paraffins
  • Kerosene Paraffins
  • Petroleum Jelly Paraffins


  • Farming
  • Packaging
  • Cosmetics
  • Building Materials
  • PVC
  • Rubber
  • Tires
  • Candles
  • Lighting
  • Chemicals
  • Secondary Alcohols
  • Chlorinated Paraffin
  • Internal Olefins
  • Sulphonates
  • Oilfield Chemicals

Paraffins Market Regional Insights:

North America dominates the paraffin market. Demand for brands is anticipated to increase due to the promising future of air care and aromatherapy, as well as growing consumer awareness of the threats to their health and the environment posed by using aerosol sprays. In addition, consumers are using more scent items due to changing lifestyles, hygiene concerns, and busy work schedules, which is anticipated to increase market size in the upcoming years.

On the other side, Europe is anticipated to experience steady growth as a result of growing consumer knowledge of the synthetic elements found in fragrance items. Furthermore, it is anticipated that throughout the course of the forecast period, consumer preference would change from aerosol fresheners to paraffin due to dangerous aerosol emissions and severe limitations on their use.

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East Africa)

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Major Market Aspects Are Highlighted In The Report:

Executive Summary: It covers a summary of the most vital studies, the Global Paraffins market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Paraffins Market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Paraffins report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Paraffins Market, including regional markets.
  • Comprehensive coverage of all segments of the Market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

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Essential Points from Paraffins Market TOC:      

Chapter 1: Paraffins Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Complete profiling and analysis of Manufacturers

Chapter 6: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 7: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 8: Marketing Strategy Analysis, Distributors/Traders

Chapter 9: Market Effect Factors Analysis

Chapter 10: Paraffins Market Forecast

Chapter 11: Paraffins Research Findings and Conclusion, Appendix, methodology, and data source

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