The global fully refined 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 can be attributed to the increasing demand for fully refined wax in various applications such as candles, packaging, cosmetics, hotmelts and board sizing. The major players in this market are BASF SE (Germany), Clariant AG (Switzerland), Croda International Plc (UK), Evonik Industries AG (Germany) and Huntsman Corporation (US).
- The global demand for fully refined wax is expected to grow at a CAGR of 3.2% from 2016 to 2020.
- The increasing demand for fully refined wax in the automotive industry is one of the major factors driving growth in this market.
- Increasing use of fully refined wax in the production of polymers and resins is also expected to drive growth in this market over the next few years.
- Increasing use of fully refined wax as an additive in paints and coatings is also expected to drive growth in this market over the next few years due to its ability to improve gloss and durability properties of these products while reducing their weight and cost per unit volume.
Industry Growth Insights published a new data on “Fully Refined Wax Market”. The research report is titled “Fully Refined Wax Market research by Types (Industrial Grade, Cosmetic Grade, Other), By Applications (Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, Other), By Players/Companies CNPC, Sinopec, Exxon Mobile, Sasol, Shell, Petrobras, LUKOIL, PDVSA, Hansen & Rosenthal, Calumet Lubriants, Naftowax, Nippon Seiro, Petro-Canada”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fully Refined Wax Market Research Report
By Type
Industrial Grade, Cosmetic Grade, Other
By Application
Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, Other
By Companies
CNPC, Sinopec, Exxon Mobile, Sasol, Shell, Petrobras, LUKOIL, PDVSA, Hansen & Rosenthal, Calumet Lubriants, Naftowax, Nippon Seiro, Petro-Canada
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Fully Refined Wax Market Report Segments:
The global Fully Refined Wax market is segmented on the basis of:
Types
Industrial Grade, Cosmetic Grade, Other
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
Candles, Packaging, Cosmetics, Hotmelts, Board Sizing, Rubber, 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:
- CNPC
- Sinopec
- Exxon Mobile
- Sasol
- Shell
- Petrobras
- LUKOIL
- PDVSA
- Hansen & Rosenthal
- Calumet Lubriants
- Naftowax
- Nippon Seiro
- Petro-Canada
Highlights of The Fully Refined 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
- Cosmetic Grade
- Other
- By Application:
- Candles
- Packaging
- Cosmetics
- Hotmelts
- Board Sizing
- Rubber
- 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 Fully Refined 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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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Fully refined wax is a type of wax that has been purified and has no impurities. It is also the most expensive type of wax.
Some of the key players operating in the fully refined wax market are CNPC, Sinopec, Exxon Mobile, Sasol, Shell, Petrobras, LUKOIL, PDVSA, Hansen & Rosenthal, Calumet Lubriants, Naftowax, Nippon Seiro, Petro-Canada.
The fully refined wax market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fully Refined 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. Fully Refined Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fully Refined Wax Market - Supply Chain
4.5. Global Fully Refined Wax Market Forecast
4.5.1. Fully Refined Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fully Refined Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fully Refined Wax Market Absolute $ Opportunity
5. Global Fully Refined 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. Fully Refined Wax Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Cosmetic Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fully Refined 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. Fully Refined Wax Market Size and Volume Forecast by Application
6.3.1. Candles
6.3.2. Packaging
6.3.3. Cosmetics
6.3.4. Hotmelts
6.3.5. Board Sizing
6.3.6. Rubber
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fully Refined 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. Fully Refined 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 Fully Refined 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. Fully Refined 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 Fully Refined Wax Demand Share Forecast, 2019-2026
9. North America Fully Refined 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 Fully Refined 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 Fully Refined Wax Market Size and Volume Forecast by Application
9.4.1. Candles
9.4.2. Packaging
9.4.3. Cosmetics
9.4.4. Hotmelts
9.4.5. Board Sizing
9.4.6. Rubber
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fully Refined Wax Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Cosmetic Grade
9.7.3. Other
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 Fully Refined Wax Demand Share Forecast, 2019-2026
10. Latin America Fully Refined 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 Fully Refined 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 Fully Refined Wax Market Size and Volume Forecast by Application
10.4.1. Candles
10.4.2. Packaging
10.4.3. Cosmetics
10.4.4. Hotmelts
10.4.5. Board Sizing
10.4.6. Rubber
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fully Refined Wax Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Cosmetic Grade
10.7.3. Other
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 Fully Refined Wax Demand Share Forecast, 2019-2026
11. Europe Fully Refined 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 Fully Refined 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 Fully Refined Wax Market Size and Volume Forecast by Application
11.4.1. Candles
11.4.2. Packaging
11.4.3. Cosmetics
11.4.4. Hotmelts
11.4.5. Board Sizing
11.4.6. Rubber
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fully Refined Wax Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Cosmetic Grade
11.7.3. Other
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 Fully Refined Wax Demand Share, 2019-2026
12. Asia Pacific Fully Refined 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 Fully Refined 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 Fully Refined Wax Market Size and Volume Forecast by Application
12.4.1. Candles
12.4.2. Packaging
12.4.3. Cosmetics
12.4.4. Hotmelts
12.4.5. Board Sizing
12.4.6. Rubber
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fully Refined Wax Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Cosmetic Grade
12.7.3. Other
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 Fully Refined Wax Demand Share, 2019-2026
13. Middle East & Africa Fully Refined 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 Fully Refined 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 Fully Refined Wax Market Size and Volume Forecast by Application
13.4.1. Candles
13.4.2. Packaging
13.4.3. Cosmetics
13.4.4. Hotmelts
13.4.5. Board Sizing
13.4.6. Rubber
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fully Refined Wax Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Cosmetic Grade
13.7.3. Other
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 Fully Refined Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fully Refined Wax Market: Market Share Analysis
14.2. Fully Refined Wax Distributors and Customers
14.3. Fully Refined Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CNPC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sinopec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Exxon Mobile
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sasol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Petrobras
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LUKOIL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PDVSA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hansen & Rosenthal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Calumet Lubriants
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Naftowax
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Seiro
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Petro-Canada
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
