Paraffin Wax: A solid, soft, white or colorless wax with a melting point between 48 and 66 degrees Celsius. Petroleum is converted into paraffin wax by dewaxing stocks of light lubricating oil.
Microcrystalline Wax: When petrolatum is DE-oiled as part of the refining of petroleum, a kind of wax called microcrystalline wax is created.
The global propanediol market was valued at approximately US$ 20.6 million in 2022 and is projected to reach US$ 29 million by 2032, growing at a CAGR of 3.5% over the forecast period from 2022 to 2032.
Propanediol (PDO) represents about 4.4% of the global chemicals used in personal care products. Consumption of propanediol in the personal care sector is expected to grow at a CAGR of around 3.5%, with its market value estimated to reach US$ 29.2 million by the end of… Continue
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