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Liquid Paraffin (sometimes also called Base Oil,White Mineral Oil,Liquid Paraffin Wax,Normal Paraffin,White Oil etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.
Scope of the Report:
The liquid paraffin industry concentration is not high; there are a large number of manufacturers in the world, top ten players took up 2/3 of the global total market. But, the largest two producers share over 70% in China in the past years.
Many companies usually have several plants; and some plants are close to raw material source, such as China, Qatar, Saudi Arabia, India, Malaysia, etc. There are some international big companies set up factories in Middle East, such as Shell, Sasol, Exxon Mobil, etc. because of the rich oil and gas resources there.
With the technology development of surfactant, many new types (E.g. MES) are replacing the traditional surfactant LBS, which is the end downstream of liquid paraffin. As we know, Sasol acquired the Condea, once the largest producer of liquid paraffin, but closed the paraffin plants with an output of about 200 K MT in Italy in 2007, after two years, Exxon Mobil closed its n- paraffin business. Simultaneously, Shell, Sasol and Exxon Mobil developed their GTL (Gas to liquid) business in Middle East in 2000s. Now, the Middle East becomes a new important market of liquid paraffin and LAB, etc.
The liquid paraffin, especially heavy liquid paraffin in China is mainly used to manufacture chlorinated paraffin 52, although liquid paraffin can be used in cosmetic, food, drugs, additives, solutions, etc.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Although sales of semiconductor silicon wafer brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the semiconductor silicon wafer field.
The worldwide market for Liquid Paraffin is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Liquid Paraffin in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Sasol
- Shell
- Exxon Mobil
- Farabi Petrochem
- Savita
- Nippon Oil
- CEPSA
- SEOJIN CHEM
- Sonneborn
- MORESCO
- KDOC
- Atlas Setayesh Mehr
- Gandhar Oil
- FPCC
- UNICORN
- Sovereign
- CNPC
- Sinopec
- ChemChina
- Yitai Petro
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Light Liquid Paraffin
- Heavy Liquid Paraffin
Market Segment by Applications, can be divided into
- LAB
- Chlorinated paraffin
- Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Liquid Paraffin product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Liquid Paraffin, with price, sales, revenue and global market share of Liquid Paraffin in 2017 and 2018.
Chapter 3, the Liquid Paraffin competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Liquid Paraffin breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Liquid Paraffin market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Liquid Paraffin sales channel, distributors, customers, research findings and conclusion, appendix and data source.