On 2025-1-26, the latest report 【Global Waxy Crude Oil Market 2025 by Manufacturers, Regions, Types and Applications, Forecast to 2031】from Global Info Research provides a detailed and comprehensive analysis of the global Waxy Crude Oil market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are causing many market demand changes. The report also provides company profiles and product examples of some of the competitors, as well as market share estimates for some of the leading players in 2025.
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According to our (Global Info Research) latest study, the global Waxy Crude Oil market size was valued at US$ 895 million in 2024 and is forecast to a readjusted size of USD 1237 million by 2031 with a CAGR of 4.8% during review period.
Waxy crude oils are normally found in petroleum reservoirs. The crude oil that possesses a high amount of wax, known as waxy crude oil. Waxy crude oil can be defined as the crude oil that contains high amount of long-chain paraffin wax (alkanes) components, making the crude to possess a high pour point and, may be, a low API gravity.
The leading manufactures mainly are Saudi Aramco, CNPC, Rosneft, Chevron, Shell, Kuwait Petroleum, ExxonMobil, National Iranian, BP, Petrobras and etc. Saudi Aramco is the largest manufacturer, its revenue of global market exceeds 28.53% in 2019.
The separation of petroleum yields many useful products. These products are useful for transportation, fuel oil for heating and electricity generation, and asphalt. Products include gasoline, jet fuel (or kerosene), propane, petroleum coke, bitumen, plastics and waxes. In this report, the main application (downstream) include Petroleum Fuel, Lubricants and Greases, Wax, Bitumen and Petroleum Coke, Solvents and Petrochemicals. In 2019, more than 69% by volume of the Waxy Crude Oil was used to produce Petroleum Fuel, followed by Solvents and Petrochemicals, which accouted about 14.9% of Waxy Crude Oil application.
This report is a detailed and comprehensive analysis for global Waxy Crude Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approval.
Waxy Crude Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type： Medium Waxy Crude Oil、Light Waxy Crude Oil
Market segment by Application：Petroleum Fuel、Lubricants and Greases、Wax, Bitumen and Petroleum Coke、Solvents and Petrochemicals
Major players covered：Saudi Aramco、National Iranian、Rosneft、CNPC、Kuwait Petroleum、ExxonMobil、BP、Petrobras、Pemex、Lukoil、ADNOC、Shell、Chevron、Qatar Petroleum
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Waxy Crude Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Waxy Crude Oil, with price, sales quantity, revenue, and global market share of Waxy Crude Oil from 2020 to 2025.
Chapter 3, the Waxy Crude Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Waxy Crude Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment Waxy Crude Oil the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the Waxy Crude Oil sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2024.and Waxy Crude Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Waxy Crude Oil.
Chapter 14 and 15, to describe Waxy Crude Oil sales channel, distributors, customers, research findings and conclusion.
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Waxy Crude Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
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