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Petroleum wax is a type of wax derived from petroleum. It is a by-product of the petroleum refining process and is composed of a mixture of hydrocarbons. Petroleum wax is used in a variety of applications, including candles, cosmetics, lubricants, and packaging materials. It is also used as a coating for food products, such as candy and chocolate. Petroleum wax is known for its low melting point, making it ideal for use in a variety of products.
Petroleum wax is also used in the production of candles, as it is a cost-effective alternative to beeswax and other natural waxes. It is also used in the production of cosmetics, such as lip balms and lotions, as it helps to create a smooth, glossy finish. Additionally, petroleum wax is used in the production of lubricants, as it helps to reduce friction and wear on machinery. Finally, petroleum wax is used in the production of packaging materials, as it helps to protect products from moisture and other environmental factors.
Some of the major companies in the petroleum wax market include ExxonMobil, Chevron, Shell, BP, and Total. Show Less Read more