Paraffin Wax Market to Rear Excessive Growth During 2018 - 2026
Paraffin wax is a soft colorless solid derived from petroleum, coal, or oil shale. It is a byproduct of the oil purification process. Paraffin wax is derived from the dewaxing process that crude oil undergoes. It is then processed further for usage in products. Paraffin wax consists of the mixture of hydrocarbon molecules that contains 20 to 40 carbon atoms. Undyed and unscented paraffin candles are odorless and bluish-white in color. Paraffin wax is insoluble in water, but soluble in ether, benzene, and certain ethers. Slack wax, which is the mixture of oil and wax, is the feedstock for paraffin wax. The global paraffin wax market is driven by the increase in demand for aromatherapy and rise in consciousness about home ambiances. The paraffin wax market is also expanding due to the increase in demand for skin care products, as the wax plays a major role in the beauty industry. However, paraffin wax carries certain adverse health effects; it emits toxic fumes when burned...