Global Waxy Crude Oil Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

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.

Market Analysis and Insights: Global Waxy Crude Oil Market
In 2020, the global Waxy Crude Oil market size was US$ 753.5 million and it is expected to reach US$ 1054.3 million by the end of 2027, with a CAGR of 4.9% during 2021-2027.
Global Waxy Crude Oil Scope and Market Size
Waxy Crude Oil market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Waxy Crude Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.


Segment by Type, the Waxy Crude Oil market is segmented into
Medium Waxy Crude Oil
Light Waxy Crude Oil


Segment by Application, the Waxy Crude Oil market is segmented into
Petroleum Fuel
Lubricants and Greases
Wax, Bitumen and Petroleum Coke
Solvents and Petrochemicals

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Waxy Crude Oil Market Share Analysis
Waxy Crude Oil market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Waxy Crude Oil product introduction, recent developments, Waxy Crude Oil sales by region, type, application and by sales channel.

The major companies include:
Saudi Aramco
National Iranian
Rosneft
CNPC
Kuwait Petroleum
ExxonMobil
BP
Petrobras
Pemex
Lukoil
ADNOC
Shell
Chevron
Qatar Petroleum