Market Overview:
The global wax powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for printing inks, paints, coatings, and other applications. In terms of type, the polyethylene wax segment is expected to lead the global wax powder market during the forecast period. This can be attributed to its properties such as low melting point and good compatibility with other materials.
Product Definition:
Wax Powder is the most important component in making candles. It helps to distribute the heat of the flame evenly, which results in a brighter, longer-lasting candle.
Polyethylene Wax:
Polyethylene (PE) wax is a type of synthetic wax produced from the polymerization of ethylene. PE waxes are used in various applications including crayons, cosmetics, and food packaging. Polyethylene is one of the major types of synthetic or artificial waxes that can be derived from petroleum sources such as Ethene and Paraffin.
Fetto Wax:
Fetto wax is a type of wax produced from the fatty acid esters of vegetable oils. It has high melting point and low water solubility which makes it ideal for use in cosmetics, food packaging, and adhesives. The product also acts as an excellent solvent for oil paints.
The growing demand for natural cosmetics is expected to be one of the key factors driving market growth over the forecast period.
Application Insights:
The printing ink segment accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth over the forecast period. The product is used as a binder in printing inks, which are used for various applications such as paper coating, metal laminating, plastic film coating and textile coatings.
Paint was the second-largest application segment accounting for 29.5% of total market volume in 2017 owing to increasing demand from construction & automotive industries across various regions including North America and Europe.
Regional Analysis:
North America was the largest market for global wax powder in 2016, accounting for over 35% of the total revenue share. The region is characterized by high demand from end-use industries such as printing ink, coatings and food packaging. Increasing demand from these sectors is expected to drive growth over the forecast period.
The U.S., being a major country in North America, has a well-established manufacturing sector including that of paints & coatings and printing ink manufacturers which use various types of waxes as raw materials for their production processes along with other additives like fatty alcohols and paraffin hydroids used as emulsifiers or plasticizers respectively.
Asia Pacific accounted for more than 20% of global revenue share in 2016 owing to rapid industrialization coupled with developing economies such as China.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of wax powder among consumers
- Growing popularity of natural ingredients in personal care products
- Technological advancements in production processes that result in improved quality and purity of wax powder products
- Expansion of distribution channels to reach a wider consumer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Wax Powder Market Research Report
By Type
Polyethylene Wax, Fetto Wax, Polypropylene Wax, Teflon Wax, Modified Powder Wax
By Application
Printing Ink, Paint, Coating, Other
By Companies
Clariant, Honeywell, BASF, Lubrizol, Insein, Clariant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Wax Powder Market Report Segments:
The global Wax Powder market is segmented on the basis of:
Types
Polyethylene Wax, Fetto Wax, Polypropylene Wax, Teflon Wax, Modified Powder Wax
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Printing Ink, Paint, Coating, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clariant
- Honeywell
- BASF
- Lubrizol
- Insein
- Clariant
Highlights of The Wax Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyethylene Wax
- Fetto Wax
- Polypropylene Wax
- Teflon Wax
- Modified Powder Wax
- By Application:
- Printing Ink
- Paint
- Coating
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wax Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wax powder is a type of cosmetic that is made from the waxes found in plants. Wax powders are used to add shine and texture to skin care products.
Some of the major players in the wax powder market are Clariant, Honeywell, BASF, Lubrizol, Insein, Clariant.
The wax powder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wax Powder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wax Powder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wax Powder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wax Powder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wax Powder Market Size & Forecast, 2018-2028 4.5.1 Wax Powder Market Size and Y-o-Y Growth 4.5.2 Wax Powder Market Absolute $ Opportunity
Chapter 5 Global Wax Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wax Powder Market Size Forecast by Type
5.2.1 Polyethylene Wax
5.2.2 Fetto Wax
5.2.3 Polypropylene Wax
5.2.4 Teflon Wax
5.2.5 Modified Powder Wax
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wax Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wax Powder Market Size Forecast by Applications
6.2.1 Printing Ink
6.2.2 Paint
6.2.3 Coating
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wax Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wax Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wax Powder Analysis and Forecast
9.1 Introduction
9.2 North America Wax Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wax Powder Market Size Forecast by Type
9.6.1 Polyethylene Wax
9.6.2 Fetto Wax
9.6.3 Polypropylene Wax
9.6.4 Teflon Wax
9.6.5 Modified Powder Wax
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wax Powder Market Size Forecast by Applications
9.10.1 Printing Ink
9.10.2 Paint
9.10.3 Coating
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wax Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Wax Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wax Powder Market Size Forecast by Type
10.6.1 Polyethylene Wax
10.6.2 Fetto Wax
10.6.3 Polypropylene Wax
10.6.4 Teflon Wax
10.6.5 Modified Powder Wax
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wax Powder Market Size Forecast by Applications
10.10.1 Printing Ink
10.10.2 Paint
10.10.3 Coating
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wax Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wax Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wax Powder Market Size Forecast by Type
11.6.1 Polyethylene Wax
11.6.2 Fetto Wax
11.6.3 Polypropylene Wax
11.6.4 Teflon Wax
11.6.5 Modified Powder Wax
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wax Powder Market Size Forecast by Applications
11.10.1 Printing Ink
11.10.2 Paint
11.10.3 Coating
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wax Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Wax Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wax Powder Market Size Forecast by Type
12.6.1 Polyethylene Wax
12.6.2 Fetto Wax
12.6.3 Polypropylene Wax
12.6.4 Teflon Wax
12.6.5 Modified Powder Wax
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wax Powder Market Size Forecast by Applications
12.10.1 Printing Ink
12.10.2 Paint
12.10.3 Coating
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wax Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wax Powder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wax Powder Market Size Forecast by Type
13.6.1 Polyethylene Wax
13.6.2 Fetto Wax
13.6.3 Polypropylene Wax
13.6.4 Teflon Wax
13.6.5 Modified Powder Wax
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wax Powder Market Size Forecast by Applications
13.10.1 Printing Ink
13.10.2 Paint
13.10.3 Coating
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wax Powder Market: Competitive Dashboard
14.2 Global Wax Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Clariant
14.3.2 Honeywell
14.3.3 BASF
14.3.4 Lubrizol
14.3.5 Insein
14.3.6 Clariant