The Global Paraffin Market demonstrated stable growth momentum in 2025, supported by consistent demand from candles, packaging, cosmetics, pharmaceuticals, rubber, and industrial processing applications. Paraffin wax and oils continued to be widely used due to their thermal stability, moisture-barrier properties, and cost efficiency, particularly in emerging economies where traditional end uses remain structurally strong. Asia-Pacific dominated the global paraffin market in 2025, accounting for 41% of total demand, led by China and India. Growth in the region was underpinned by expanding packaging consumption, rising personal care manufacturing, and increased use of paraffin in paper coating and board lamination. Key producers such as ExxonMobil, Shell, Sasol, and PetroChina continued to leverage integrated refining and distribution capabilities. Overall, the paraffin market in 2025 remained a resilient, volume-driven segment within the global petrochemical value chain.
Global Paraffin overview
Published by MMR Statistics Research Team, Updated
