Residue Wax Market, Global Outlook and Forecast 2024-2030

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.

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.

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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, 2018-2024, 2024-2030, ($ millions)

• Global Residue Wax Market Sales, 2018-2024, 2024-2030, (Kiloton)

• Global top five Residue Wax companies in 2022 (%)

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, 2018-2024, 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, 2018-2024, 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, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Residue Wax Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

• The Middle East and Africa (Middle East, Africa)

• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Residue Wax revenues in global market, 2018-2024 (Estimated), ($ millions)

• Key companies Residue Wax revenues share in global market, 2022 (%)

• Key companies Residue Wax sales in global market, 2018-2024 (Estimated), (Kiloton)

• Key companies Residue Wax sales share in global market, 2022 (%)

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.

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Table of content

1 Introduction to Research & Analysis Reports 1.1 Residue Wax Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Residue Wax Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Residue Wax Overall Market Size 2.1 Global Residue Wax Market Size: 2022 VS 2030 2.2 Global Residue Wax Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Residue Wax Sales: 2018-2030 3 Company Landscape 3.1 Top Residue Wax Players in Global Market 3.2 Top Global Residue Wax Companies Ranked by Revenue 3.3 Global Residue Wax Revenue by Companies 3.4 Global Residue Wax Sales by Companies 3.5 Global Residue Wax Price by Manufacturer (2018-2024) 3.6 Top 3 and Top 5 Residue Wax Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Residue Wax Product Type 3.8 Tier 1, Tier 2 and Tier 3 Residue Wax Players in Global Market 3.8.1 List of Global Tier 1 Residue Wax Companies 3.8.2 List of Global Tier 2 and Tier 3 Residue Wax Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Residue Wax Market Size Markets, 2022 & 2030 4.1.2 Oil Content above 25% 4.1.3 Oil Content above 40% 4.2 By Type - Glo

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