Product Code: ETC082845 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Paraffin Wax Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 6.18% in 2025, the growth rate steadily ascends to 7.74% in 2029.
The Paraffin Wax market in Malaysia is projected to grow at a growing growth rate of 7.03% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Malaysia Paraffin Wax Market is expected to grow at a CAGR of 6.9% during the forecast period 2025-2031. The market growth is mainly attributed to the increasing demand for candles, adhesives, cosmetics, rubber products, hot melt adhesives etc. coupled with rising investments by prominent players in research & development activities in paraffin waxes. Additionally strict government regulations on environmental protection are also expected to fuel the market growth over the next few years
The major factors driving the growth of Malaysia paraffin wax industry can be attributed to its increasing application across various end-use industries such as candles, adhesives, cosmetics, rubber products and hot melt adhesives etc., rising investment from major manufacturers towards R&D activities along with stringent government norms and policies related to environment conservation that promote using paraffin wax instead of other materials which will lead to boost up this industry?s share further more in coming years . Moreover , growing awareness among consumers regarding cost saving benefits associated with using these types of material will also act as one of primary drivers for this business sector
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Paraffin Wax Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Paraffin Wax Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Paraffin Wax Market - Industry Life Cycle |
3.4 Malaysia Paraffin Wax Market - Porter's Five Forces |
3.5 Malaysia Paraffin Wax Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Paraffin Wax Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Malaysia Paraffin Wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Paraffin Wax Market Trends |
6 Malaysia Paraffin Wax Market, By Types |
6.1 Malaysia Paraffin Wax Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Paraffin Wax Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Malaysia Paraffin Wax Market Revenues & Volume, By Fully Refined Wax, 2018 - 2031F |
6.1.4 Malaysia Paraffin Wax Market Revenues & Volume, By Semi-Refined Wax, 2018 - 2031F |
6.1.5 Malaysia Paraffin Wax Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Malaysia Paraffin Wax Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Paraffin Wax Market Revenues & Volume, By Candles, 2018 - 2031F |
6.2.3 Malaysia Paraffin Wax Market Revenues & Volume, By Packaging, 2018 - 2031F |
6.2.4 Malaysia Paraffin Wax Market Revenues & Volume, By Board Sizing, 2018 - 2031F |
6.2.5 Malaysia Paraffin Wax Market Revenues & Volume, By Rubber, 2018 - 2031F |
6.2.6 Malaysia Paraffin Wax Market Revenues & Volume, By Hot Melts, 2018 - 2031F |
6.2.7 Malaysia Paraffin Wax Market Revenues & Volume, By Cosmetics, 2018 - 2031F |
7 Malaysia Paraffin Wax Market Import-Export Trade Statistics |
7.1 Malaysia Paraffin Wax Market Export to Major Countries |
7.2 Malaysia Paraffin Wax Market Imports from Major Countries |
8 Malaysia Paraffin Wax Market Key Performance Indicators |
9 Malaysia Paraffin Wax Market - Opportunity Assessment |
9.1 Malaysia Paraffin Wax Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Paraffin Wax Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Malaysia Paraffin Wax Market - Competitive Landscape |
10.1 Malaysia Paraffin Wax Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Paraffin Wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |