The global fossil based industrial wax market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for industrial grade waxes in various applications such as candle, cosmetics, packaging and pharmaceuticals. The increasing demand for these products in emerging economies such as China and India is also driving the growth of this market.
Industrial Grade Waxes are used in various applications such as candle, cosmetics, packaging and pharmaceuticals which are expected to drive the growth of this market during the forecast period. Increasing demand for these products in emerging economies such as China and India is also driving the growth of this market during the forecast period.
- Increasing demand for bio-based products is also expected to fuel the growth of this market in coming years as these products are considered more environmentally friendly than their counterparts made from petroleum-based materials such as plastics and synthetic rubber.
- The increasing use of fossil based industrial waxes in various industries such as construction, automotive, furniture and others is also expected to drive the growth of this market in coming years due to its high performance properties such as durability and resistance against corrosion or abrasion among others which make it an ideal material for these applications.
Industry Growth Insights published a new data on “Fossil Based Industrial Wax Market”. The research report is titled “Fossil Based Industrial Wax Market research by Types (Industrial Grade, Pharmaceutical Grade, Cosmetics Grade), By Applications (Candle, Cosmetics, Packaging, Pharmaceutical, Adhesive & Sealant, Others), By Players/Companies Sasol, The Blayson Group, Indian Oil Corporation, Calumet Specialty Products Partners, Sonneborn, International Group, Koster Keunen, Kerax Limited, Iberceras Specialties, H & R South Africa, Cirebelle Fine Chemicals, Matchem - Specialty Waxes & Inspired Blends, The Darent Wax Company, Royal Dutch Shell, Asian Oil”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fossil Based Industrial Wax Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade, Cosmetics Grade
By Application
Candle, Cosmetics, Packaging, Pharmaceutical, Adhesive & Sealant, Others
By Companies
Sasol, The Blayson Group, Indian Oil Corporation, Calumet Specialty Products Partners, Sonneborn, International Group, Koster Keunen, Kerax Limited, Iberceras Specialties, H & R South Africa, Cirebelle Fine Chemicals, Matchem - Specialty Waxes & Inspired Blends, The Darent Wax Company, Royal Dutch Shell, Asian Oil
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Fossil Based Industrial Wax Market Report Segments:
The global Fossil Based Industrial Wax market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade, Cosmetics Grade
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
Candle, Cosmetics, Packaging, Pharmaceutical, Adhesive & Sealant, Others
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:
- Sasol
- The Blayson Group
- Indian Oil Corporation
- Calumet Specialty Products Partners
- Sonneborn
- International Group
- Koster Keunen
- Kerax Limited
- Iberceras Specialties
- H & R South Africa
- Cirebelle Fine Chemicals
- Matchem - Specialty Waxes & Inspired Blends
- The Darent Wax Company
- Royal Dutch Shell
- Asian Oil
Highlights of The Fossil Based Industrial Wax 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:
- Industrial Grade
- Pharmaceutical Grade
- Cosmetics Grade
- By Application:
- Candle
- Cosmetics
- Packaging
- Pharmaceutical
- Adhesive & Sealant
- Others
- 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 Fossil Based Industrial Wax 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.
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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?
Fossil based industrial wax is a type of wax that is derived from fossils. Fossil-based industrial wax is used in a variety of industries, including the manufacturing of candles, cosmetics, and pharmaceuticals.
Some of the major players in the fossil based industrial wax market are Sasol, The Blayson Group, Indian Oil Corporation, Calumet Specialty Products Partners, Sonneborn, International Group, Koster Keunen, Kerax Limited, Iberceras Specialties, H & R South Africa, Cirebelle Fine Chemicals, Matchem - Specialty Waxes & Inspired Blends, The Darent Wax Company, Royal Dutch Shell, Asian Oil.
The fossil based industrial wax market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fossil Based Industrial Wax Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fossil Based Industrial Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fossil Based Industrial Wax Market - Supply Chain
4.5. Global Fossil Based Industrial Wax Market Forecast
4.5.1. Fossil Based Industrial Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fossil Based Industrial Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fossil Based Industrial Wax Market Absolute $ Opportunity
5. Global Fossil Based Industrial Wax Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fossil Based Industrial Wax Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.3.3. Cosmetics Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fossil Based Industrial Wax Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fossil Based Industrial Wax Market Size and Volume Forecast by Application
6.3.1. Candle
6.3.2. Cosmetics
6.3.3. Packaging
6.3.4. Pharmaceutical
6.3.5. Adhesive & Sealant
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fossil Based Industrial Wax Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fossil Based Industrial Wax Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fossil Based Industrial Wax Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fossil Based Industrial Wax Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fossil Based Industrial Wax Demand Share Forecast, 2019-2029
9. North America Fossil Based Industrial Wax Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fossil Based Industrial Wax Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fossil Based Industrial Wax Market Size and Volume Forecast by Application
9.4.1. Candle
9.4.2. Cosmetics
9.4.3. Packaging
9.4.4. Pharmaceutical
9.4.5. Adhesive & Sealant
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fossil Based Industrial Wax Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.7.3. Cosmetics Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fossil Based Industrial Wax Demand Share Forecast, 2019-2029
10. Latin America Fossil Based Industrial Wax Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fossil Based Industrial Wax Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fossil Based Industrial Wax Market Size and Volume Forecast by Application
10.4.1. Candle
10.4.2. Cosmetics
10.4.3. Packaging
10.4.4. Pharmaceutical
10.4.5. Adhesive & Sealant
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fossil Based Industrial Wax Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.7.3. Cosmetics Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fossil Based Industrial Wax Demand Share Forecast, 2019-2029
11. Europe Fossil Based Industrial Wax Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fossil Based Industrial Wax Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fossil Based Industrial Wax Market Size and Volume Forecast by Application
11.4.1. Candle
11.4.2. Cosmetics
11.4.3. Packaging
11.4.4. Pharmaceutical
11.4.5. Adhesive & Sealant
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fossil Based Industrial Wax Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.7.3. Cosmetics Grade 11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fossil Based Industrial Wax Demand Share, 2019-2029
12. Asia Pacific Fossil Based Industrial Wax Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fossil Based Industrial Wax Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fossil Based Industrial Wax Market Size and Volume Forecast by Application
12.4.1. Candle
12.4.2. Cosmetics
12.4.3. Packaging
12.4.4. Pharmaceutical
12.4.5. Adhesive & Sealant
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fossil Based Industrial Wax Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.7.3. Cosmetics Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fossil Based Industrial Wax Demand Share, 2019-2029
13. Middle East & Africa Fossil Based Industrial Wax Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fossil Based Industrial Wax Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fossil Based Industrial Wax Market Size and Volume Forecast by Application
13.4.1. Candle
13.4.2. Cosmetics
13.4.3. Packaging
13.4.4. Pharmaceutical
13.4.5. Adhesive & Sealant
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fossil Based Industrial Wax Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.7.3. Cosmetics Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fossil Based Industrial Wax Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Fossil Based Industrial Wax Market: Market Share Analysis
14.2. Fossil Based Industrial Wax Distributors and Customers
14.3. Fossil Based Industrial Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sasol
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Blayson Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Indian Oil Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Calumet Specialty Products Partners
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sonneborn
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. International Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Koster Keunen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kerax Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Iberceras Specialties
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. H & R South Africa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cirebelle Fine Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Matchem - Specialty Waxes & Inspired Blends
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. The Darent Wax Company
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Royal Dutch Shell
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Asian Oil
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
