| Product Code: ETC13071054 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s paraffins import shipments saw significant growth in 2024, with the top exporting countries being UAE, South Korea, USA, Spain, and China. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 12.32%, reflecting a strong upward trend in demand. Although the growth rate slightly decelerated from 2023 to 2024 to 0.32%, the overall outlook for India`s paraffins import market remains positive and indicates continued opportunities for international suppliers.

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 India Paraffins Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Paraffins Market Revenues & Volume, 2021 & 2031F |
3.3 India Paraffins Market - Industry Life Cycle |
3.4 India Paraffins Market - Porter's Five Forces |
3.5 India Paraffins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Paraffins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Paraffins Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Paraffins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the cosmetics and personal care industry, which uses paraffins in various products like creams and lotions. |
4.2.2 Increasing demand for candles, which are majorly made from paraffin wax, especially during festive seasons and for decorative purposes. |
4.2.3 Expansion of the pharmaceutical industry, where paraffins are used in ointments and creams for various skin conditions. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil, as paraffins are derived from petroleum and any volatility in oil prices can impact the production costs. |
4.3.2 Environmental concerns and regulations related to the use of paraffins, leading to the adoption of alternative natural waxes. |
4.3.3 Competition from other types of waxes such as soy wax and beeswax, which are considered more eco-friendly. |
5 India Paraffins Market Trends |
6 India Paraffins Market, By Types |
6.1 India Paraffins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Paraffins Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Paraffins Market Revenues & Volume, By Normal Paraffins, 2021 - 2031F |
6.1.4 India Paraffins Market Revenues & Volume, By Iso-Paraffins, 2021 - 2031F |
6.1.5 India Paraffins Market Revenues & Volume, By Microcrystalline Paraffins, 2021 - 2031F |
6.1.6 India Paraffins Market Revenues & Volume, By Synthetic Paraffins, 2021 - 2031F |
6.2 India Paraffins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Paraffins Market Revenues & Volume, By Detergent Production, 2021 - 2031F |
6.2.3 India Paraffins Market Revenues & Volume, By Lubricants & Fuels, 2021 - 2031F |
6.2.4 India Paraffins Market Revenues & Volume, By Candle & Cosmetics, 2021 - 2031F |
6.2.5 India Paraffins Market Revenues & Volume, By Pharmaceutical Applications, 2021 - 2031F |
6.3 India Paraffins Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Paraffins Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.3.3 India Paraffins Market Revenues & Volume, By Automotive & Industrial, 2021 - 2031F |
6.3.4 India Paraffins Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.3.5 India Paraffins Market Revenues & Volume, By Pharmaceutical Industry, 2021 - 2031F |
7 India Paraffins Market Import-Export Trade Statistics |
7.1 India Paraffins Market Export to Major Countries |
7.2 India Paraffins Market Imports from Major Countries |
8 India Paraffins Market Key Performance Indicators |
8.1 Research and development investment in creating new applications for paraffins in industries like pharmaceuticals and cosmetics. |
8.2 Adoption rate of paraffins in emerging industries such as packaging, adhesives, and rubber processing. |
8.3 Investment in sustainable practices and technologies for paraffin production to align with environmental regulations and consumer preferences. |
9 India Paraffins Market - Opportunity Assessment |
9.1 India Paraffins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Paraffins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Paraffins Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Paraffins Market - Competitive Landscape |
10.1 India Paraffins Market Revenue Share, By Companies, 2024 |
10.2 India Paraffins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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