1 / 3

Petroleum Waxes Market - Size, Trend and Forecast, 2027

Petroleum waxes are soft colorless solids obtained from petroleum. Petroleum waxes are of three types, namely paraffin wax, microcrystalline wax, and petroleum jelly.<br><br>

pallavicoh
Download Presentation

Petroleum Waxes Market - Size, Trend and Forecast, 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Petroleum Waxes Market - Size, Trend and Forecast, 2027 Petroleum waxes are soft colorless solids obtained from petroleum. Petroleum waxes are of three types, namely paraffin wax, microcrystalline wax, and petroleum jelly. Although these waxes are slightly translucent, addition of some chemicals can impart color to these waxes. It is tasteless and odorless. Also, it is insoluble in water, slightly soluble in ethanol, and sparingly soluble in solvents such as diethyl ether and hexane. Petroleum waxes are formed as a byproduct when lubricating oil is sent for refining process. Purity or grade of petroleum wax is based on the amount oil content present in the wax. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2777 Market Outlook On the basis of region, the global petroleum waxes market is segmented into North America, Latin America, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the petroleum waxes market, owing to increasing demand for products such as candles, lubricants, and cosmetics in the region. China, India, Japan, South Korea, Singapore, Taiwan, and Thailand are the major consumers of petroleum waxes, as it has wide range of applications in a variety of industries including automotive, chemicals, and construction. Moreover, increasing population and rising disposable income in emerging economies such as China and India in the region is expected to increase demand for consumer goods using petroleum waxes. This in turn is expected to fuel growth of the petroleum waxes market over the forecast period. North America is another major consumer for petroleum waxes, especially in rubber latex for automotive industry and coatings for construction and furniture

  2. industry. Due to economic meltdown, Europe is expected to witness comparatively slower growth than other regions. Key Players Some of the major players operating the global petroleum waxes market include BASF SE, Clariant International Ltd., Evonik Industries AG, Exxon Mobil Fuels & Lubricants, Honeywell International, Lubrizol Corp., Dow Corning, and Blended Waxes Inc. among others. For More Information: ​https://tinyurl.com/y5ahz3pb About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: ​sales@coherentmarketinsights.com

More Related