Dublin, Aug. 31, 2020 (GLOBE NEWSWIRE) -- The "Normal Paraffin - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Normal Paraffin market accounted for $10,355.96 million in 2018 and is expected to reach $16,624.78 million by 2027, growing at a CAGR of 5.4% during the forecast period.
Increased requirement of precision metal casting, the growing industrial applications including synthetic resins and paints are the major factors propelling the market growth. However, development of bio-based products is hampering the market growth.
Based on the product, the c14+ N-paraffin segment is going to have a lucrative growth during the forecast period owing to the increasing demand for c14+ N-paraffin in the production of the pharmaceuticals which in turn anticipated increasing the demand for normal paraffin in the market.
By geography, Asia-Pacific is going to have a lucrative growth during the forecast period owing to the increasing demand of laundry detergents in the region. Growing economies such as India and China are expected to be the key demand driving regions of N-Paraffin owing to the low-penetration rate of detergents and increasing consumption of LAB.
Some of the key players profiled include:
- Apar Industries Ltd.
- Calumet Specialty Products Partners
- Cepsa Chemicals
- China Petroleum & Chemical Corp.
- CNPC
- ExxonMobil Corporation
- Farabi Petrochem
- JXTG Nippon Oil and Energy Corporation
- Petrobas
- Royal Dutch Shell PLC
- Sasol Limited
- Savita
- Sinopec
- Sonneborn
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of COVID-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Normal Paraffin Market, By Product
5.1 Introduction
5.2 Below C10 N-Paraffin
5.3 C10-C13 N-Paraffin
5.4 C14+ N-Paraffin
6 Global Normal Paraffin Market, By Type
6.1 Introduction
6.2 Tech Grade
6.3 Pharma Grade
7 Global Normal Paraffin Market, By Application
7.1 Introduction
7.2 Solvent
7.3 Degreasers
7.4 Chlorination Paraffin
7.5 Lubricants
7.6 Linear Alkyl Benzene (LAB)
7.7 Consumer Products
7.8 Agriculture
7.9 Fatty Alcohol Production
7.10 Metal Working Products
8 Global Normal Paraffin Market, By End User
8.1 Introduction
8.2 Medical
8.3 Industrial
8.4 Food
9 Global Normal Paraffin Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia-Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/8cs87n
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.