The hydrocarbon waxes market is estimated to reach a value of USD 4.67 billion by 2028. Data Bridge Market Research report on hydrocarbon waxes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Hydrocarbon waxes are the type of by-products of the oil purification process. Hydrocarbon waxes are derived from the de-waxing process that crude oil undergoes. They are then processed further for usage in products. Hydrocarbon waxes comprise a mixture of hydrocarbon molecules which contain 20 to 40 carbon atoms.
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The major players covered in the hydrocarbon waxes market report areSasol Limited, Exxon Mobil Corporation, Kerax Limited, Faith Industries Ltd., Poth Hille, Strahl Pitsch, Inc., Blended Waxes, Inc., CALWAX, Goyel Chemical Corporation, AF Suter Co Ltd., KING HONOR INTERNATIONAL LTD., China Petrochemical Corporation, The International Group, Inc., Honeywell International Inc., COLUMBIA PETROCHEMICALS, Numaligarh Refinery Limited, Repsol, Indian Oil Corporation Ltd., Gandhar Oil and Dhariwal Corp. Private Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Hydrocarbon Waxes Market Scope and Market Size:
The hydrocarbon waxes market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product type, the hydrocarbon waxes market is segmented into single type and compound.
- The application segment for the hydrocarbon waxes market is segmented into lubricating additives, plastic additives, paints and coatings, metalworking fluids and others. The plastic additives application segment is leading the global hydrocarbon waxes market during the forecast period. Plastic additives have a high-value application segment of the global hydrocarbon waxes market is expected to continue during the forecast period.
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Global Hydrocarbon Waxes Market Country Level Analysis
The hydrocarbon waxes market is analyzed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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