The global Petroleum Waxes market size is projected to reach USD 8.36 billion by 2030

Published Date: Wednesday,03 Jul,2024

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biaoQian Petroleum Waxes

Petroleum Waxes Definition

Petroleum wax is a "hydrocarbon that exists in crude oil and is solid or semi-solid at room temperature." including paraffin wax, microcrystalline wax, and petroleum jelly.

Petroleum Waxes Picture

 Petroleum Waxes

Petroleum Waxes Market Summary

According to the new market research report “Global Petroleum Waxes Market Report 2024-2030”, published by GIResearch, the global Petroleum Waxes market size is projected to reach USD 8.36 billion by 2030, at a CAGR of 0.3% during the forecast period.

  • Global Petroleum Waxes MarketSize(US$ Million), 2018-2029

 Petroleum Waxes Market Size

Source: GlobalInfoResearch, “Global Petroleum Waxes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”

  • Global Petroleum Waxes Top20Players Ranking and Market Share(Continually updated

 Petroleum Waxes Top 20 Players Ranking and Market Share

Source: GlobalInfoResearch, “Global Petroleum Waxes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”

The global key manufacturers of Petroleum Waxes include Exxon Mobil, CNPC, Shell, Sinopec, Hywax (AWAX Group), LUKOIL, HF Sinclair, ENI, Cepsa, IGI, etc. In 2023, the global top five players had a share approximately 44.0% in terms of revenue.

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