UK Paraffin Wax Market Size & Outlook, 2025-2033
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UK paraffin wax market highlights
- The UK paraffin wax market generated a revenue of USD 199.4 million in 2024 and is expected to reach USD 324.1 million by 2033.
- The UK market is expected to grow at a CAGR of 5.5% from 2025 to 2033.
- In terms of segment, packaging was the largest revenue generating application in 2024.
- Candles is the most lucrative application segment registering the fastest growth during the forecast period.
Paraffin wax market data book summary
| Market revenue in 2024 | USD 199.4 million |
| Market revenue in 2033 | USD 324.1 million |
| Growth rate | 5.5% (CAGR from 2025 to 2033) |
| Largest segment | Packaging |
| Fastest growing segment | Candles |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber |
| Key market players worldwide | PetroChina Co Ltd Class H, China Petroleum & Chemical Corp Class H, Sasol Ltd, Exxon Mobil Corp, Petroleo Brasileiro SA Petrobras ADR, Nippon Gas Co Ltd ADR, Repsol SA, Sinclair Inc Ordinary Shares - Class A, Honeywell International Inc, Origin Energy Ltd, Calumet Specialty Products Partners LP, Eni SpA |
Other key industry trends
- In terms of revenue, UK accounted for 3.4% of the global paraffin wax market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Europe, Germany paraffin wax market is projected to lead the regional market in terms of revenue in 2033.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 154.2 million by 2033.
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Paraffin Wax Market Scope
Paraffin Wax Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Origin Energy Ltd | View profile | 5630 | 100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, Australia, 2000 | https://www.originenergy.com.au |
| Nippon Gas Co Ltd ADR | View profile | 2031 | 10, No. 7, No. 2-chome, Tokyo, Japan, 104-8540 | http://www.nichigas.co.jp |
| Calumet Specialty Products Partners LP | View profile | 1580 | 2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, United States, 46214 | https://www.calumetspecialty.com |
| Repsol SA | View profile | 25113 | Calle Mendez Alvaro, 44, Madrid, Spain, 28045 | https://www.repsol.com |
| China Petroleum & Chemical Corp Class H | View profile | 368450 | No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 | http://www.sinopec.com |
| Sinclair Inc Ordinary Shares - Class A | View profile | 7300 | 10706 Beaver Dam Road, Hunt Valley, MD, United States, 21030 | https://www.sbgi.net |
| PetroChina Co Ltd Class H | View profile | 375803 | No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 | http://www.petrochina.com.cn |
| Eni SpA | View profile | 33142 | 1, Piazzale Enrico Mattei, Rome, Italy, 00144 | https://www.eni.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| Petroleo Brasileiro SA Petrobras ADR | View profile | 40213 | Avenida Republica do Chile, 65, Rio de Janeiro, RJ, Brazil, 20031-912 | https://www.petrobras.com.br |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
UK paraffin wax market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paraffin wax market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 34.75% in 2024. Horizon Databook has segmented the UK paraffin wax market based on candles, packaging, cosmetics, hotmelts, board sizing, rubber covering the revenue growth of each sub-segment from 2021 to 2033.
Consumer’s preference for the candles for in house decoration is highly increased owing to a feeling of relaxation and cozy ambience creation with a burning candle in the room. UK is the world’s sixth largest market for beauty and personal care products with per capita spending of approximately 153 Pounds per year.
The cosmetics industry continued to rise in terms of sales after Brexit polls. It may impact the market if country exits, owing to alterations in regulations and product compliance with export markets.
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Our clientele includes a mix of paraffin wax market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK paraffin wax market , including forecasts for subscribers. This country databook contains high-level insights into UK paraffin wax market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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UK paraffin wax market size, by application, 2021-2033 (US$M)
UK Paraffin Wax Market Outlook Share, 2024 & 2033 (US$M)
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