The present invention provides a microcrystalline wax having a needle penetration according to ASTM D-1321 at 25° C. of more than 1, a crystallinity according to XRD between 5 and 70%, an initial boiling point of less than 500° C., a congealing point in the range of from 60 to 120° C., an oil content according to ASTM D-721 of more than 2 wt. %, wherein the microcrystalline wax has a fraction up to C40 having at least 5 wt % of multiple methyl-branched paraffins as determined with GC×GC.