Liquid Paraffin Research Report: the global market size is projected to reach USD 3.57 billion by 2029,

Liquid Paraffin (sometimes also called Base Oil, White Mineral Oil, Liquid Paraffin Wax, Normal Paraffin, White Oil etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.

The Liquid Paraffin market covers Light Liquid Paraffin, Heavy Liquid Paraffin. The typical players include Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, ENEOS Corporation, CEPSA, Seojin Chemical, etc.

According to the new market research report “Liquid Paraffin - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Liquid Paraffin market size is projected to reach USD 3.57 billion by 2029, at a CAGR of 5.0% during the forecast period.

• Global Liquid Paraffin MarketSize(US$ Million), 2018-2029

Source: QYResearch, "Liquid Paraffin - Global Market Insights and Sales Trends 2024”

• Global Liquid Paraffin Top20Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: QYResearch, "Liquid Paraffin - Global Market Insights and Sales Trends 2024”

The global key manufacturers of Liquid Paraffin include Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, ENEOS Corporation, CEPSA, Seojin Chemical, Sonneborn, MORESCO, etc.

In 2022, the global top five players had a share approximately 33.0% in terms of revenue.

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