A new report titled Global Liquid Paraffin Market research report published by Reports and Data offers accurate estimations of the growth rate and market size over the forecast period. The objective of this report is to help readers improve their industry’s performance by focusing on important business parameters including technological advancements, current market trends, limitations, and key players over the forecast period. Primary and secondary research techniques were used to effectively examine the desired data.
Market Dynamics
The global chemicals and materials have a wide range of application areas such as crop protection, animal nutrition, dietary supplements, preservatives, flame retardants, surface ingredients, active pharmaceutical ingredients, and matting agents among others. Population explosion along with rapid economic growth is expected to propel market growth. Moreover, the growing urbanization, rapid industrialization, and high investment in infrastructure development create market demand over the forecast period.
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LAB continues to be the largest application segment in this market valuing USD 1.5 Billion in 2020 and reaching up to USD 1.74 Billion as demand for LAB has seen an overall increase of 6 during the past three years. Installed capacity has seen an increase of 26% combing Africa, LATM, Asia, and the Middle East. Sales of detergents both industrial and domestic are witnessing a rapid north rise therefore tangentially increasing the demand rate for liquid paraffin.
Competitive Landscape:
The global Liquid Paraffin market research report provides a competitive strategy analysis portfolio to provide a better understanding of the competitive landscape. The report further discusses in depth the business strategies undertaken by key manufacturers on mergers and acquisitions, joint ventures, and collaborations. It sheds light on the companies holding the largest market share in terms of revenue in the global Liquid Paraffin market.
The top companies profiled in the report include Sasol Ltd, Shell, ExxonMobil Corporation, Farabi Petrochemical Company, Savita Oil Technologies Ltd., JXTG Nippon Oil, and Energy Corporation, CEPSA, Sonneborn, MORESCO Corporation, KDOC, Atlas Setayesh Mehr, Gandhar Oils Refinery India, FPCC and UNICORN
Global Liquid Paraffin Market: Regional Segmentation
North America
Europe
Asia Pacific
Latin America
Middle East Africa
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Market Segmentation:
The global Liquid Paraffin market is segmented in terms of product type, application, end-use, and region.
By Grade Type Outlook
C11-C14
C12-C14
C14-C17
C17-C20
By Product Type Outlook
Light
Heavy
By Application Outlook
LAB
Chlorinated Paraffin
Others
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Full Coverage of the Global Liquid Paraffin Market Report:
The report offers an in-depth study of the global Liquid Paraffin market dynamics and offers crucial information on the leading product portfolios, application areas, distribution channels, and technological breakthroughs.
The report offers qualitative and quantitative studies of the global Liquid Paraffin industry.
The report is inclusive of a detailed overview of the key regional markets of the global Liquid Paraffin industry.
The report profiles the leading companies in the industry and highlights their financial positions, product offerings, recent developments, and business expansion plans and initiatives.
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