Slack Wax Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
26295 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
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.
Slack wax is a concentrated industry with leading petrochemical companies take the major share. In global market, Exxon Mobil, Shell, CNPC, Iranol Oil, Pertamina and the global leading players. Europe, Southeast Asia, Iran and China are the major production bases of slack wax. The slack wax produced in Russia is also considerable, while most of its products are exported to Eastern European countries for paraffin refining. In addition, Indonesia and Middle East are expanding their business to supply slack wax for global market.
The Global Slack Wax Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Slack Wax Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Shell
Exxon Mobil
BP
IRPC
Pertamina
H&R Gruppe
American Refining Group
Iranol Oil
Thai Oil
CNPC
Sinopec
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Slack Wax LMO
Slack Wax MMO
Slack Wax SPO In Market segmentation by applications :
Candle
Particle Board & MDF
Polishing
Sealing
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Slack Wax Market for the forecast period 2023 - 2030?
• What are the driving forces in the Slack Wax Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Slack Wax industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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