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Synopsis
Paraffins is produced in the process of refining crude oil to gasoline.
The global Paraffins market was valued at US$ 4691.6 million in 2023 and is anticipated to reach US$ 6265.2 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
North American market for Paraffins is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Paraffins is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Paraffins include Blended Waxes, Micro Powsers, BASF, Clariant, ExxonMobil, Lubrizol, Marcus Oil & Chemical and Hexion Specialty Chemicals, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Paraffins, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paraffins.
Report Scope
The Paraffins market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Paraffins market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Paraffins manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Blended Waxes
Micro Powsers
BASF
Clariant
ExxonMobil
Lubrizol
Marcus Oil & Chemical
Hexion Specialty Chemicals
Segment by Type
Fully refined
Semi refined
Scale
Segment by Application
Farming
Packaging
Lighting
Chemicals
Medical
Rubber industries
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Paraffins manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Paraffins by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Paraffins in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Paraffins is produced in the process of refining crude oil to gasoline.
The global Paraffins market was valued at US$ 4691.6 million in 2023 and is anticipated to reach US$ 6265.2 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
North American market for Paraffins is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Paraffins is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Paraffins include Blended Waxes, Micro Powsers, BASF, Clariant, ExxonMobil, Lubrizol, Marcus Oil & Chemical and Hexion Specialty Chemicals, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Paraffins, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paraffins.
Report Scope
The Paraffins market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Paraffins market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Paraffins manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Blended Waxes
Micro Powsers
BASF
Clariant
ExxonMobil
Lubrizol
Marcus Oil & Chemical
Hexion Specialty Chemicals
Segment by Type
Fully refined
Semi refined
Scale
Segment by Application
Farming
Packaging
Lighting
Chemicals
Medical
Rubber industries
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Paraffins manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Paraffins by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Paraffins in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Paraffins Market Overview
1.1 Product Definition
1.2 Paraffins Segment by Type
1.2.1 Global Paraffins Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Fully refined
1.2.3 Semi refined
1.2.4 Scale
1.3 Paraffins Segment by Application
1.3.1 Global Paraffins Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Farming
1.3.3 Packaging
1.3.4 Lighting
1.3.5 Chemicals
1.3.6 Medical
1.3.7 Rubber industries
1.4 Global Market Growth Prospects
1.4.1 Global Paraffins Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Paraffins Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Paraffins Production Estimates and Forecasts (2019-2030)
1.4.4 Global Paraffins Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Paraffins Production Market Share by Manufacturers (2019-2024)
2.2 Global Paraffins Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Paraffins, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Paraffins Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Paraffins Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Paraffins, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Paraffins, Product Offered and Application
2.8 Global Key Manufacturers of Paraffins, Date of Enter into This Industry
2.9 Paraffins Market Competitive Situation and Trends
2.9.1 Paraffins Market Concentration Rate
2.9.2 Global 5 and 10 Largest Paraffins Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Paraffins Production by Region
3.1 Global Paraffins Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Paraffins Production Value by Region (2019-2030)
3.2.1 Global Paraffins Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Paraffins by Region (2025-2030)
3.3 Global Paraffins Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Paraffins Production by Region (2019-2030)
3.4.1 Global Paraffins Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Paraffins by Region (2025-2030)
3.5 Global Paraffins Market Price Analysis by Region (2019-2024)
3.6 Global Paraffins Production and Value, Year-over-Year Growth
3.6.1 North America Paraffins Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Paraffins Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Paraffins Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Paraffins Production Value Estimates and Forecasts (2019-2030)
4 Paraffins Consumption by Region
4.1 Global Paraffins Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Paraffins Consumption by Region (2019-2030)
4.2.1 Global Paraffins Consumption by Region (2019-2024)
4.2.2 Global Paraffins Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Paraffins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Paraffins Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Paraffins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Paraffins Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Paraffins Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Paraffins Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Paraffins Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Paraffins Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Paraffins Production by Type (2019-2030)
5.1.1 Global Paraffins Production by Type (2019-2024)
5.1.2 Global Paraffins Production by Type (2025-2030)
5.1.3 Global Paraffins Production Market Share by Type (2019-2030)
5.2 Global Paraffins Production Value by Type (2019-2030)
5.2.1 Global Paraffins Production Value by Type (2019-2024)
5.2.2 Global Paraffins Production Value by Type (2025-2030)
5.2.3 Global Paraffins Production Value Market Share by Type (2019-2030)
5.3 Global Paraffins Price by Type (2019-2030)
6 Segment by Application
6.1 Global Paraffins Production by Application (2019-2030)
6.1.1 Global Paraffins Production by Application (2019-2024)
6.1.2 Global Paraffins Production by Application (2025-2030)
6.1.3 Global Paraffins Production Market Share by Application (2019-2030)
6.2 Global Paraffins Production Value by Application (2019-2030)
6.2.1 Global Paraffins Production Value by Application (2019-2024)
6.2.2 Global Paraffins Production Value by Application (2025-2030)
6.2.3 Global Paraffins Production Value Market Share by Application (2019-2030)
6.3 Global Paraffins Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Blended Waxes
7.1.1 Blended Waxes Paraffins Corporation Information
7.1.2 Blended Waxes Paraffins Product Portfolio
7.1.3 Blended Waxes Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Blended Waxes Main Business and Markets Served
7.1.5 Blended Waxes Recent Developments/Updates
7.2 Micro Powsers
7.2.1 Micro Powsers Paraffins Corporation Information
7.2.2 Micro Powsers Paraffins Product Portfolio
7.2.3 Micro Powsers Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Micro Powsers Main Business and Markets Served
7.2.5 Micro Powsers Recent Developments/Updates
7.3 BASF
7.3.1 BASF Paraffins Corporation Information
7.3.2 BASF Paraffins Product Portfolio
7.3.3 BASF Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BASF Main Business and Markets Served
7.3.5 BASF Recent Developments/Updates
7.4 Clariant
7.4.1 Clariant Paraffins Corporation Information
7.4.2 Clariant Paraffins Product Portfolio
7.4.3 Clariant Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Clariant Main Business and Markets Served
7.4.5 Clariant Recent Developments/Updates
7.5 ExxonMobil
7.5.1 ExxonMobil Paraffins Corporation Information
7.5.2 ExxonMobil Paraffins Product Portfolio
7.5.3 ExxonMobil Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ExxonMobil Main Business and Markets Served
7.5.5 ExxonMobil Recent Developments/Updates
7.6 Lubrizol
7.6.1 Lubrizol Paraffins Corporation Information
7.6.2 Lubrizol Paraffins Product Portfolio
7.6.3 Lubrizol Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Lubrizol Main Business and Markets Served
7.6.5 Lubrizol Recent Developments/Updates
7.7 Marcus Oil & Chemical
7.7.1 Marcus Oil & Chemical Paraffins Corporation Information
7.7.2 Marcus Oil & Chemical Paraffins Product Portfolio
7.7.3 Marcus Oil & Chemical Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Marcus Oil & Chemical Main Business and Markets Served
7.7.5 Marcus Oil & Chemical Recent Developments/Updates
7.8 Hexion Specialty Chemicals
7.8.1 Hexion Specialty Chemicals Paraffins Corporation Information
7.8.2 Hexion Specialty Chemicals Paraffins Product Portfolio
7.8.3 Hexion Specialty Chemicals Paraffins Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hexion Specialty Chemicals Main Business and Markets Served
7.7.5 Hexion Specialty Chemicals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Paraffins Industry Chain Analysis
8.2 Paraffins Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Paraffins Production Mode & Process
8.4 Paraffins Sales and Marketing
8.4.1 Paraffins Sales Channels
8.4.2 Paraffins Distributors
8.5 Paraffins Customers
9 Paraffins Market Dynamics
9.1 Paraffins Industry Trends
9.2 Paraffins Market Drivers
9.3 Paraffins Market Challenges
9.4 Paraffins Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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