Global Paraffin Wax Price , Market – Analysis , Technologies & Forecasts to 2025
The global paraffin wax market size was valued at USD 4.87 billion in 2015. Growing application of the product for manufacturing candles along with its rising requirement in packaging and hotmelts is expected to stimulate the paraffin wax demand over the forecast period. Moreover, these products provide excellent water resistance to packaging materials and are anticipated to witness significant rise over the forecast period.
Paraffin waxes are used for manufacturing fragrance candles as they are economical and require lesser machinery costs. Growing demand for aromatherapy and consumer awareness regarding home ambiance is expected to drive the requirement of fragrance waxes, which in turn is likely to aid in market expansion over the upcoming years. In addition, rising consumption of chlorinated paraffin as a flame retardant and plasticizer in flexible PVC is likely to drive market growth over the next nine years. Increasing usage in the production of industrial coatings, hot melt adhesives, plastic & rubber processing aids, body care products, metal casting, pharmaceuticals, and electrical insulations is expected to drive demand in the near future.
| Specification | Test method | Results |
|---|---|---|
| Oil content | ASTM D-721 | Max 1% |
| Flash point | ASTM D-92 | Minimum 230 ˚C |
| Melting point | ASTM D-97 | 58-60 ˚C |
| Color (Lovibond) | IP 17 | 0.1Y |
| Viscosity @ 100 ˚C | ASTM D-445 | 4-5 cSt |
| Congealing point | ASTM D-938 | 56-57 ˚C |
| Needle Penetration | ASTM D-1321 | 14 (0.1 mm) |
| Specification | Test method | Results |
|---|---|---|
| Oil content | ASTM D-721 | 1-3% |
| Melting point | ASTM D-87-09 | 58-66 ˚C |
| SP.gr@60 F | ASTM D-2726 | 0.83-0.86 gr/cm3 |
| Color | ASTM D-1500 | White |
| Flash point | ASTM D-93-13 | 210-240 ˚C |
| Specification | Test method | Results |
|---|---|---|
| Oil content | ASTM D-721 | 3-5% |
| Melting point | ASTM D-87-09 | 58-66 ˚C |
| SP.gr@60 F | ASTM D-2726 | 0.83-0.86 gr/cm3 |
| Color | ASTM D-1500 | White |
| Flash point | ASTM D-93-13 | 210-240 ˚C |
Prices depend on grade (fully refined, semi-refined), oil content, packaging type, order volume, and supplier location. Fully refined wax is usually more expensive than semi-refined.
Yes. Bulk orders (usually from 20–25 MT and above) often receive lower per-kg prices due to reduced packaging and logistics costs.
Yes. Paraffin wax is a petroleum by-product, so fluctuations in crude oil prices directly impact wax pricing.
Fully refined paraffin wax is more expensive because it has lower oil content, higher purity, and is suitable for food, cosmetic, and pharmaceutical use.
We can export Paraffin Wax to most European countries, including:
Romania, Serbia, Greece, Bulgaria, Ukraine, Poland, Italy, Bosnia, the Balkans, North Macedonia, Croatia, Slovenia, Austria, Slovakia, Hungary, and Lithuania.
As a supplier of petroleum jelly in African countries. The petroleum jelly could be exported to:
Sudan, Nigeria, Ghana, Algeria, Morocco, South Africa, Djibouti, Ethiopia, Tanzania and Kenya.
As a supplier of petroleum jelly in American countries. The Paraffin Wax could be exported to:
Mexico, Brazil, Argentina, Colombia, Chile, Peru, Ecuador, Bolivia.
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Tell: +98 31 32355207
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Email: info@paraffinwax.com
RAHA Paraffin Company is one of the market leaders in Production, Exports, and brokerage different grades of WAX with excellent quality. Our sales team is committed who understands your requirements due to many years of experience in supplying the wax products. If you are more interested in product information or need to place an order contact or inquire our Sales team.