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.
According to this study, over the next five years the Slack Wax market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 850 million by 2024, from US$ 640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Slack Wax business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Slack Wax market by product type, application, key manufacturers and key regions and countries.
This study considers the Slack Wax value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Slack Wax LMO
Slack Wax MMO
Slack Wax SPO
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Candle
Particle Board & MDF
Polishing
Sealing
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Shell
Exxon Mobil
BP
IRPC
Pertamina
H&R Gruppe
American Refining Group
Iranol Oil
Thai Oil
CNPC
Sinopec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Slack Wax consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Slack Wax market by identifying its various subsegments.
Focuses on the key global Slack Wax manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Slack Wax with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Slack Wax submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Slack Wax . Industry analysis & Market Report on Slack Wax is a syndicated market report, published as Global Slack Wax Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Slack Wax market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.