Title: The Liquid Paraffins Market growth outlook with industry review and forecasts
1Liquid Paraffins Market Price, Trends, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Liquid Paraffins
Industry
- Liquid Paraffins Market size has grown
substantially in recent years and will witness
similar scenario in the forecast period. Major
drivers of the market are its application in
pharmaceutical, textile, cosmetic and food
beverage industry. It has limited usage
occasional purge, but is unsuitable for regular
use as it may drip from the anus and may cause
irritation. - Liquid Paraffin Market size has grown
substantially in recent years and will witness
similar scenario in the forecast period. Major
drivers of the market are its application in
pharmaceutical, textile, cosmetic and food
beverage industry. - It has limited usage occasional purge, but is
unsuitable for regular use as it may drip from
the anus and may cause irritation. Product is
also combined with magnesium in the form of
osmotic laxative and is further sold as Mil-Par.
3 Continue
- The paraffin is chiefly consumed in lubricants
for numerous industrial applications. It is used
in mechanical mixing and to lubricate blades in
paper industry. Concentrated product has usage in
textile industry due to its several applications
in weaving and spinning. It acts as a lubricant
in sewing machine. - Reasons to Buy This Report
- 1. Liquid Paraffins Market size share
forecast by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Liquid Paraffins Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Prevailing fashion trend among youngsters is
flourishing textile industry, that would
significantly drive liquid paraffin market during
the forecast timeframe. - Liquid paraffin is petroleum derived product and
is also referred as highly refined mineral oil.
Classification of several types of chemicals are
done under mineral oil which have wide
applications, including manufacturing industry.
High refined mineral oils are appropriate for
skin care product and oral ingestion.
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Research Methodology
5Regional Insights
- North America is likely to experience significant
growth in liquid paraffin market in next seven
years. Emerging manufacturing industries are
using the product as lubricants, that will fuel
demand of the product. Busy lifestyle of people
has switched them to packaged food over regular
meals which will improve consumption of the
compound in food and beverage industry. - . Increasing concern regarding beauty and
appearance is developing gradually, in turn
making significant positive impact on cosmetics
industry. - Europe liquid paraffin market is likely to
witness upsurge between 2017 and 2024 owing to
rising industrialization in the region. Low
temperature countries in the region have boosted
the demand of cold creams and dry skin medical
products, that will support the compound growth.
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6Competitive Insights
- Major manufacturers in the Liquid Paraffins
market include - Global liquid paraffin market is moderately
fragmented in nature. Some of the global
competitors are Shell, Sasol, Savita, Nippon Oil,
Farabi Petrochem, Sonneborn, CEPSA, Apar, Atlas
Setayesh Mehr and ExxonMobil.
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