Residue Wax Market, Global Outlook and Forecast 2023-2030
Slack wax is a mixture of oil and wax, obtained from lubricating oil. Slack wax is the crude wax produced by chilling and solvent filter-pressing wax distillate. It serves as feedstock and that is further refined and blended to create value-added petroleum wax products.
Slack wax is used in emulsions, construction board, matches, candles, rust protective products and moisture vapor barriers, polishes, inks, carbon paper and externally can be applied as good dust suppressants or controlled-release agents for various chemical and fertilizers.
This report aims to provide a comprehensive presentation of the global market for Residue Wax, 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 Residue Wax. This report contains market size and forecasts of Residue Wax in global, including the following market information:
Global Residue Wax Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Residue Wax Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Residue Wax companies in 2022 (%)
The global Residue Wax market was valued at US$ 801.9 million in 2022 and is projected to reach US$ 1098.1 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Exxon Mobil, CNPC, Shell, Imanol Oil, Pertamina and Thai Oil are the leading producers of Slack Wax, the top 5 accounting for approximately 40% of the total market.
APAC is the largest market for Slack Wax, accounting for about half of the total market, followed by Europe with 25%.
We surveyed the Residue Wax manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Residue Wax Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Residue Wax Market Segment Percentages, by Type, 2022 (%)
Oil Content above 25%
Oil Content above 40%
Global Residue Wax Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Residue Wax Market Segment Percentages, by Application, 2022 (%)
Rubber Industries
Plastic Industries
Match Box Industries
Polish Industries
Global Residue Wax Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Residue Wax Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Residue Wax revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Residue Wax revenues share in global market, 2022 (%)
Key companies Residue Wax sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Residue Wax sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cepsa
Behran Oil Co.
Shell
Kimia Paraffin Co.
PARS POLYMER Co. ltd
Sepahan Oil Company (SOC)
Tavoil Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Residue Wax, market overview.
Chapter 2: Global Residue Wax market size in revenue and volume.
Chapter 3: Detailed analysis of Residue Wax manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Residue Wax 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Residue Wax capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
