Slack Wax Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type and, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

Slack waxes are by-product of lubricating oils, which contain 530% oil. They are used for many industrial processes either in original form or in refine form. Melting point of slack waxes varies from 105F to 150F.

Major driver of the slack wax market is rise in demand for paraffin wax in cosmetics industry, as majority of the slack wax produced is consumed for the production of paraffin wax. However, high refining cost of slack wax hampers the market growth. Advantages offered by slack waxes such as rust protector, turf protection, and others are expected to provide growth opportunities for the market.

The report segments the slack wax market on the basis of type, application, and geography. Based on type, the market is categorized into slack wax LMO, slack wax SPO, slack wax DAO, slack wax MMO. By application, it is classified into cosmetics, candles, polishes, carbon paper, canvas coatings, composite wood panels, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players such as Exxon Mobil Corporation, PT Pertamina, ATDM Co., Ltd., Industrial Raw Materials LLC, Hase Petroleum Wax Co. Ltd., Alpha Wax, Royal Dutch Shell PLC, BP PLC, IRPC Public Company Limited, and China Petroleum & Chemical Corporation are provided in the report.

Key Benefits

• This report provides a quantitative analysis of the current trends and estimations of the global slack wax market to identify the prevailing market opportunities.
• Major countries in each region are mapped according to individual market revenue.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• The report includes an in-depth analysis of current research & clinical developments within the market.
• Key players and their key developments in the recent years are listed.

  Slack Wax Market Report Highlights

Aspects	Details
By Type	Slack Wax LMO Slack Wax SPO Slack Wax DAO Slack Wax MMO
By Application	Cosmetics Candles Polishes Carbon Paper Canvas Coatings Composite Wood Panels Others
By Geography	North America U.S. Canada Mexico Europe Germany France UK Italy Rest of Europe Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific LAMEA Brazil Saudi Arabia South Africa Rest of LAMEA
Key Market Players	PT PERTAMINA, BP PLC, CHINA PETROLEUM & CHEMICAL CORPORATION, ROYAL DUTCH SHELL PLC, EXXON MOBIL CORPORATION, INDUSTRIAL RAW MATERIALS LLC, HASE PETROLEUM WAX CO. LTD., IRPC PUBLIC COMPANY LIMITED, ATDM CO., LTD., ALPHA WAX