IBISWorld’s Paraffins Procurement Research Report provides the latest price data and the factors underpinning price movements, such as input costs and external demand drivers. The report identifies the leading suppliers of Paraffins and offers a strategic analysis of the key factors influencing the way the procurement market works. Data forecasts also accompany our analysis so your company can make purchasing decisions with confidence.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Paraffins - Recent Price Trend

In the three years to 2016, paraffin prices have been falling at an estimated average annual rate of 26.2%. Substantial declines in production costs have pressured prices downward despite sturdy demand for goods containing paraffin. 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...


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 is a soft wax that is used as a lubricant and sold in either liquid or solid form. The product is often used as a water repellant in paper and wood, but is also used for other applications, including in the rubber, cosmetics, agriculture and food industries. Petroleum refineries and wax manufacturers also sell paraffin wax. 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
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 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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