Paraffin
wax is colourless or white, somewhat translucent, hard wax
obtained from petroleum during refining by dewaxing light
lubricating oil. Paraffin wax is an extremely good electrical
insulator and is insoluble in water.
Uses of Paraffin
Wax:

Candles,
torches, tapers, matches,
floor polishes.

Car
polishes, corrosion protectors.

Electrical
industries, cable filling compounds.

Tires
and rubber products,
as ozone protection
Paper
production.

Carbon
paper, crayons and pencils.

Pharmaceutical
Industry.