Overview

If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Paraffins procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Paraffins, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Paraffins - Recent Price Trend

In the three years to 2017, paraffin wax prices have been falling at an estimated average annual rate of 8.0%. Substantial declines in production costs have pressured prices downward despite strong demand for goods containing paraffin wax. Price volatility, meanwhile, has been high during the period, detracting from buyer power.During the past three years, the price of crude oil has dramatically...

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Paraffins - Total Cost of Ownership

The total cost of ownership for paraffin is low. There are little to no support costs for paraffin because it is an input used for further processing. For example, paraffin is a major input in candle production. Aside from transportation costs, the only other associated cost pertains to storage.Because paraffin is primarily used as a direct input into other good manufacturing, there is little...

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About this Report

This report is intended to assist buyers of paraffin wax. Paraffin wax is distinct from kerosene, another petroleum-based product often referred to as paraffin wax. Paraffin wax is recovered from crude oil is popular because it has a wide range of physical properties such as low reactivity which can be modified by various refining processes. The product applications are wide and diverse, ranging from water repellant in composite building materials and manufacturing-grade lubricant to consumer goods such as cosmetics and chewing gum. This report excludes the procurement of all other waxes and oils.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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