TABLE OF CONTENTS
1 INTRODUCTION 10
1.1 OBJECTIVES OF THE STUDY 10
1.2 MARKET DEFINITION 10
1.3 OVERVIEW 10
1.4 LIMITATIONS 11
1.5 MARKETS COVERED 11
2 MARKET SEGMENTATION 16
2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 18
2.4 CURRENCY AND PRICING 18
2.5 DBMR TRIPOD DATA VALIDATION MODEL 19
2.6 TYPE LIFE LINE CURVE 22
2.7 MULTIVARIATE MODELING 23
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 24
2.9 DBMR MARKET POSITION GRID 25
2.10 MARKET APPLICATION COVERAGE GRID 26
2.11 DBMR MARKET CHALLENGE MATRIX 27
2.12 DBMR VENDOR SHARE ANALYSIS 28
2.13 SECONDARY SOURCES 29
2.14 ASSUMPTIONS 30
3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 33
4.1 PESTLE ANALYSIS 34
4.1.1 POLITICAL FACTORS 34
4.1.2 ECONOMIC FACTORS 34
4.1.3 SOCIAL FACTORS 35
4.1.4 TECHNOLOGICAL FACTORS 35
4.1.5 LEGAL FACTORS 35
4.1.6 ENVIRONMENTAL FACTORS 35
4.2 PORTER’S FIVE FORCES: 36
4.2.1 THE THREAT OF NEW ENTRANTS 36
4.2.2 THE THREAT OF SUBSTITUTES 37
4.2.3 CUSTOMER BARGAINING POWER 37
4.2.4 SUPPLIER BARGAINING POWER 37
4.2.5 INTERNAL COMPETITION (RIVALRY) 37
4.3 CLIMATE CHANGE SCENARIO 38
4.3.1 ENVIRONMENTAL CONCERNS 38
4.3.2 INDUSTRY RESPONSE 38
4.3.3 GOVERNMENT’S ROLE 38
4.3.4 ANALYST RECOMMENDATION 38
4.4 CONSUMER BUYING FACTORS ANALYSIS 39
4.4.1 OVERVIEW 39
4.4.2 APPLICATION AND INTENDED USE 39
4.4.3 BRAND REPUTATION 39
4.4.4 AVAILABILITY AND CONVENIENCE OF SHIPMENT 40
4.5 CONSUMER PREFERENCE AND BEHAVIOUR 41
4.5.1 QUALITY AND PERFORMANCE 41
4.5.2 APPLICATION-SPECIFIC CHARACTERISTICS 41
4.5.3 PRICE AND VALUE 41
4.5.4 SUSTAINABILITY AND ENVIRONMENTAL CONSIDERATIONS 41
4.5.5 SUPPLIER RELIABILITY AND TRUST 41
4.5.6 TECHNICAL SUPPORT AND EXPERTISE 42
4.6 PRODUCTION CONSUMPTION ANALYSIS 43
4.7 RAW MATERIAL COVERAGE 44
4.8 SUPPLY CHAIN ANALYSIS 45
4.8.1 OVERVIEW 45
4.8.2 LOGISTIC COST SCENARIO 45
4.8.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 46
4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 47
4.9.1 ADVANCED REFINING TECHNIQUES 47
4.9.2 MOLECULAR MODIFICATION 47
4.9.3 MICROENCAPSULATION AND NANOENCAPSULATION 47
4.9.4 PHASE CHANGE MATERIALS (PCMS) 47
4.9.5 BIODEGRADABLE AND SUSTAINABLE PARAFFIN ALTERNATIVES 47
4.9.6 QUALITY CONTROL AND ANALYTICAL TECHNIQUES 48
4.10 VENDOR SELECTION CRITERIA 49
5 REGULATORY FRAMEWORK AND GUIDELINES 51
5.1 REGULATORY FRAMEWORK AND GUIDELINES 51
6 MARKET OVERVIEW 53
6.1 DRIVERS 55
6.1.1 EXTENSIVE USAGE OF PARAFFIN IN THE AUTOMOTIVE SECTOR 55
6.1.2 POSITIVE OUTLOOK TOWARD BEAUTY & PERSONAL CARE PRODUCTS 56
6.1.3 GROWING DEMAND FOR WATER-RESISTANT PACKAGING MATERIALS 56
6.2 RESTRAINTS 57
6.2.1 SHIFTING PREFERENCE TOWARDS RENEWABLE AND SUSTAINABLE ALTERNATIVES 57
6.2.2 FLUCTUATION IN RAW MATERIAL PRICES 58
6.3 OPPORTUNITIES 60
6.3.1 DEVELOPMENT OF BIO-BASED PARAFFIN PRODUCTS 60
6.3.2 SIGNIFICANT RISE IN THE UTILIZATION OF INVESTMENT CASTING 60
6.4 CHALLENGE 61
6.4.1 STRINGENT RULES AND REGULATIONS 61
7 ASIA PACIFIC PARAFFIN MARKET, BY REGION 63
7.1 ASIA-PACIFIC 64
8 ASIA PACIFIC PARAFFIN MARKET: COMPANY LANDSCAPE 67
8.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 67
9 SWOT ANALYSIS 68
10 COMPANY PROFILES 69
10.1 EXXON MOBIL CORPORATION 69
10.1.1 COMPANY SNAPSHOT 69
10.1.2 REVENUE ANALYSIS 69
10.1.3 COMPANY SHARE ANALYSIS 70
10.1.4 PRODUCT PORTFOLIO 70
10.1.5 RECENT DEVELOPMENTS 71
10.2 REPSOL 72
10.2.1 COMPANY SNAPSHOT 72
10.2.2 REVENUE ANALYSIS 72
10.2.3 COMPANY SHARE ANALYSIS 73
10.2.4 PRODUCT PORTFOLIO 73
10.2.5 RECENT DEVELOPMENT 73
10.3 SHELL ASIA PACIFIC 74
10.3.1 COMPANY SNAPSHOT 74
10.3.2 REVENUE ANALYSIS 74
10.3.3 COMPANY SHARE ANALYSIS 75
10.3.4 PRODUCT PORTFOLIO 75
10.3.5 RECENT DEVELOPMENTS 76
10.4 RELIANCE INDUSTRIES LIMITED 77
10.4.1 COMPANY SNAPSHOT 77
10.4.2 REVENUE ANALYSIS 77
10.4.3 COMPANY SHARE ANALYSIS 78
10.4.4 PRODUCT PORTFOLIO 78
10.4.5 RECENT DEVELOPMENT 78
10.5 ENEOS CORPORATION 79
10.5.1 COMPANY SNAPSHOT 79
10.5.2 REVENUE ANALYSIS 79
10.5.3 COMPANY SHARE ANALYSIS 80
10.5.4 PRODUCT PORTFOLIO 80
10.5.5 RECENT DEVELOPMENT 80
10.6 ADINATH CHEMICALS 81
10.6.1 COMPANY SNAPSHOT 81
10.6.2 PRODUCT PORTFOLIO 81
10.6.3 RECENT DEVELOPMENT 81
10.7 BHARAT PETROLEUM CORPORATION LIMITED 82
10.7.1 COMPANY SNAPSHOT 82
10.7.2 REVENUE ANALYSIS 82
10.7.3 PRODUCT PORTFOLIO 83
10.7.4 RECENT DEVELOPMENT 83
10.8 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. 84
10.8.1 COMPANY SNAPSHOT 84
10.8.2 REVENUE ANALYSIS 84
10.8.3 PRODUCT PORTFOLIO 85
10.8.4 RECENT DEVELOPMENT 85
10.9 CEPSA 86
10.9.1 COMPANY SNAPSHOT 86
10.9.2 PRODUCT PORTFOLIO 86
10.9.3 RECENT DEVELOPMENT 86
10.10 ENI S.P.A. 87
10.10.1 COMPANY SNAPSHOT 87
10.10.2 REVENUE ANALYSIS 87
10.10.3 PRODUCT PORTFOLIO 88
10.10.4 RECENT DEVELOPMENTS 88
10.11 FARABI PETROCHEMICALS CO. 89
10.11.1 COMPANY SNAPSHOT 89
10.11.2 PRODUCT PORTFOLIO 89
10.11.3 RECENT DEVELOPMENT 89 
10.12 FUCHS 90
10.12.1 COMPANY SNAPSHOT 90
10.12.2 REVENUE ANALYSIS 90
10.12.3 PRODUCT PORTFOLIO 91
10.12.4 RECENT DEVELOPMENT 91
10.13 H&R GROUP 92
10.13.1 COMPANY SNAPSHOT 92
10.13.2 REVENUE ANALYSIS 92
10.13.3 PRODUCT PORTFOLIO 93
10.13.4 RECENT UPDATES 93
10.14 INDIAN OIL CORPORATION LTD 94
10.14.1 COMPANY SNAPSHOT 94
10.14.2 REVENUE ANALYSIS 94
10.14.3 PRODUCT PORTFOLIO 95
10.14.4 RECENT DEVELOPMENT 95
10.15 INDUSTRIAL RAW MATERIALS LLC. 96
10.15.1 COMPANY SNAPSHOT 96
10.15.2 PRODUCT PORTFOLIO 96
10.15.3 RECENT DEVELOPMENT 96
10.16 LANXESS 97
10.16.1 COMPANY SNAPSHOT 97
10.16.2 PRODUCT PORTFOLIO 97
10.16.3 REVENUE ANALYSIS 98
10.16.4 RECENT DEVELOPMENT 98
10.17 SASOL LIMITED. 99
10.17.1 COMPANY SNAPSHOT 99
10.17.2 REVENUE ANALYSIS 99
10.17.3 PRODUCT PORTFOLIO 100
10.17.4 RECENT DEVELOPMENTS 100
10.18 THE INTERNATIONAL GROUP, INC. 101
10.18.1 COMPANY SNAPSHOT 101
10.18.2 PRODUCT PORTFOLIO 101
10.18.3 RECENT DEVELOPMENT 101
10.19 UNICORN. 102
10.19.1 COMPANY SNAPSHOT 102
10.19.2 PRODUCT PORTFOLIO 102
10.19.3 RECENT DEVELOPMENT 102
11 QUESTIONNAIRE 103
12 RELATED REPORTS 106