1. Market Research
  2. > Materials Market Trends
Wax Market Size, Share & Trends Analysis Report By Application, By Product And Segment Forecasts, 2019 - 2025

Wax Market Size, Share & Trends Analysis Report By Application, By Product And Segment Forecasts, 2019 - 2025

  • April 2019
  • 120 pages
  • ID: 5778953
  • Format: PDF
  • By Grand View Research

Summary

Table of Contents

Wax Market Size, Share & Trends Analysis Report By Application (Candles, Packaging, Plastic & Rubber, Cosmetics & Toiletries, Fire Logs, Adhesives), By Product (Synthetic, Natural, Mineral), And Segment Forecasts, 2019 - 2025

The global wax market size is projected to reach USD 12.89 billion by 2025 registering a CAGR of 3.7%. Robust growth of printing ink and coating industry and wide acceptance of synthetic wax are expected to drive the market over the forecast period. Several features of wax, such as rub, scratch & mark resistance and water repellency, enable its usage in numerous applications in coating and printing industry. It is used as an additive to a variety of inks including lithographic, flexographic, letterpress and gravure.

Crude oil is used as raw material for the production of petroleum-based derivatives, such as paraffin wax. New process of crystallization has been used by Sulzer Ltd. to refine paraffin from the byproducts that are obtained from synthetic fuel production. Indian Institute of Petroleum, one of constituent laboratories of the Council of Scientific and Industrial Research in India, has developed a new technology with which paraffin wax can be yielded from waste plastics. Moreover, rapidly expanding personal care, pharmaceutical, food, and polymer processing sectors are likely to boost the demand further.

On the other hand, tight supply of raw materials may have a negative impact on the market.However, technological breakthrough is expected to augment growth of the mineral wax industry.

Presence of numerous global and regional producers has made the industry concentrated in terms of quality of products, innovations, marketing strategies, product positioning, and more. Prominent market participants are strengthening their market position through product innovation, product diversification, and acquiring business assets of local companies.

Further key findings from the study suggest:
• The global market volume exceeded 4,900 kilotons in 2018 and is projected to expand at an estimated CAGR of 3.3% from 2019 to 2025
• In terms of volume, mineral wax held the largest share of 73.96% in 2018. Demand for petrolatum in pharmaceutical products will drive the segment over the forecast period
• The industry is likely to witness intense competition due to increased production capacity of major companies and threat of backward and forward integration to capture the market
• North America led the wax market in 2018 owning to growth of cosmetics and personal care industry and increased product demand in candle manufacturing industry
• Key industry participants are Sinopec Corp., Evonik Industries AG, The China National Petroleum Corp. (CNPC), ExxonMobil Corp., Royal Dutch Shell Plc, HollyFrontier Corp., and BASF SE

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Polyethylene Wax Industry

Global Polyethylene Wax Industry

  • $ 5450
  • October 2019

Polyethylene Wax market worldwide is projected to grow by US$342.6 Million, driven by a compounded growth of 4%. Polymerization, one of the segments analyzed and sized in this study, displays the potential ...

Global Market Study on Polyethylene Wax: Demand Soars as Manufacturers Ensure Cost-effectiveness and High Productivity

Global Market Study on Polyethylene Wax: Demand Soars as Manufacturers Ensure Cost-effectiveness and High Productivity

  • $ 4900
  • October 2019

Polyethylene Wax Market - Scope of the ReportThe analyst recently published a study report on the global polyethylene wax market.The report provides detailed valuation on the key market dynamics such as ...

Stearic Acid, Beeswax, lanolin and Other Food Glazing Agents Market, Size, Share, Outlook and Growth Opportunities 2019-2025

Stearic Acid, Beeswax, lanolin and Other Food Glazing Agents Market, Size, Share, Outlook and Growth Opportunities 2019-2025

  • $ 4580
  • September 2019

Stearic Acid, Beeswax, lanolin and Other Food Glazing Agents Market, Size, Share, Outlook and Growth Opportunities 2019-2025Stearic Acid, Beeswax, lanolin and Other Food Glazing Agents market outlook report ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on