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The Fischer Tropsch Wax market is a subset of the wax industry, which produces a variety of waxes for a range of applications. Fischer Tropsch Wax is a synthetic wax derived from the Fischer-Tropsch process, which converts natural gas or coal into liquid hydrocarbons. This wax is used in a variety of industries, including cosmetics, pharmaceuticals, and food packaging. It is also used as a lubricant and as a component in candles, adhesives, and coatings.
Fischer Tropsch Wax is known for its low melting point, high viscosity, and low volatility. It is also highly resistant to oxidation and has a low odor. This wax is often used as a substitute for paraffin wax, which is derived from petroleum.
Some of the major companies in the Fischer Tropsch Wax market include Sasol, Shell, Chevron, and ExxonMobil. Other companies include Cepsa, Total, and Petrobras. Show Less Read more