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The Global Paraffin Market was valued at USD 6.12 billion in 2025, expanding at a strong CAGR of 4.16%, supported by steady demand across packaging, personal care, candles, rubber processing, and industrial lubricant applications. Paraffin continues to serve as a cost-effective hydrocarbon derivative for moisture-barrier coatings, insulation, and formulation stability in consumer and industrial products.
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Global Paraffin Market Share, by Region (2025)
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