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Fischer-Tropsch wax is a byproduct wax generated in the production of liquid fuels and other products from coal and natural gas. It is synthesized from carbon monoxide and hydrogen as shown below. (2n+1)H2 + nCO → CnH2n+2 + nH2O Iron-based and cobalt-based metal catalysts are known for practical purposes. As iron-based catalysts are active in the CO shift reaction and cobalt-based catalysts do not have this activity, iron-based catalysts are generally used for coal-based synthetic gas with a small H2/CO ratio, while cobalt-based catalysts are used for natural gas-based synthetic gas with a large H2/CO ratio. Cobalt-based catalysts have higher hydrogen activity and longer lifetime than iron-based catalysts, and the products are often rich in paraffin content.
The global Fischer-Tropsch (FT) Waxes market was valued at US$ 762 million in 2023 and is anticipated to reach US$ 1143 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
The key players of Fischer-Tropsch (FT) Waxes include Sasol, Shell and Shaanxi Weilai Energy Chemical, etc. The top three players hold a share over 64%.
In terms of product type, Refine FT-Waxes is the largest segment, occupied for a share of about 90%, and in terms of application, Plastic Processing has a share about 43 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Fischer-Tropsch (FT) Waxes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fischer-Tropsch (FT) Waxes.
The Fischer-Tropsch (FT) Waxes market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fischer-Tropsch (FT) Waxes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fischer-Tropsch (FT) Waxes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sasol
Shell
Shaanxi Weilai Energy Chemical
Inner Mongolia Yitai Coal
Shanxi Lu'an Refined Wax
Nippon Seiro
by Type
Crude FT-Waxes
Refine FT-Waxes
by Application
Plastic Processing
Hot Melt Glue & Adhesive
Textiles and Polishing Agents
Rubber Protective Wax
Modified Asphalt Additives
Masterbatch
Ink Coating
Others
Production by Region
South Africa
Southeast Asia
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Fischer-Tropsch (FT) Waxes manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Fischer-Tropsch (FT) Waxes by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Fischer-Tropsch (FT) Waxes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Fischer-Tropsch (FT) Waxes market was valued at US$ 762 million in 2023 and is anticipated to reach US$ 1143 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.
The key players of Fischer-Tropsch (FT) Waxes include Sasol, Shell and Shaanxi Weilai Energy Chemical, etc. The top three players hold a share over 64%.
In terms of product type, Refine FT-Waxes is the largest segment, occupied for a share of about 90%, and in terms of application, Plastic Processing has a share about 43 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Fischer-Tropsch (FT) Waxes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fischer-Tropsch (FT) Waxes.
The Fischer-Tropsch (FT) Waxes market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fischer-Tropsch (FT) Waxes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fischer-Tropsch (FT) Waxes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sasol
Shell
Shaanxi Weilai Energy Chemical
Inner Mongolia Yitai Coal
Shanxi Lu'an Refined Wax
Nippon Seiro
by Type
Crude FT-Waxes
Refine FT-Waxes
by Application
Plastic Processing
Hot Melt Glue & Adhesive
Textiles and Polishing Agents
Rubber Protective Wax
Modified Asphalt Additives
Masterbatch
Ink Coating
Others
Production by Region
South Africa
Southeast Asia
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Fischer-Tropsch (FT) Waxes manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Fischer-Tropsch (FT) Waxes by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Fischer-Tropsch (FT) Waxes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
