Market Overview:
The global FT wax 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 FT wax from various applications such as adhesive industry, ink, coating, polymer processing, textiles, polishes and others. North America is expected to lead the global FT wax market in terms of revenue during the forecast period followed by Europe and Asia Pacific.
Product Definition:
FT Wax is a type of plant wax that is produced by the floral parts of plants. It has a number of important functions, including providing protection to the plant from environmental stressors, acting as a sealant to prevent water loss, and helping to control photoperiodism.
C35-C80 Type:
C35-C80 is a type of fatty acid ester that is derived from vegetable oils and animal fats. It has the chemical formula CnH2nO2. The product name comes from its molecular weight which ranges between 35-80%. C35-C80 Type can be used in various applications such as cosmetics, pharmaceuticals, food additives and others.
C80-C100 Type:
C80-C100 type is a colorless liquid wax with the melting point between 80 and 100 degrees. It has high demand in the cosmetics industry as it is used for making polishes, creams, lipsticks, and other personal care products.
Application Insights:
The application segment is sub-divided into adhesive industry, ink, coating & polishes, polymer processing and textiles. In 2017, the ink application segment accounted for over 40% of the overall consumption while the coating & polishes segment was around 30%. The growing demand for wax in printing inks used in paper and plastics is expected to drive growth over the forecast period.
Polymer processing was one of the largest applications accounting for around 20% of total market volume in 2017. It is mainly used as a release agent during melt flow testing or when molding plastic components as it provides excellent release properties along with high temperature stability required by plastic components during their production process from polymers. These factors are anticipated to increase product utilization across various end-use industries including automotive and construction equipment manufacturing which will further fuel industry expansion over next few years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 40%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from developing countries such as India, China, Japan, and South Korea. In addition, growing automobile industry in these regions will drive product consumption further.
The growth of industries including coatings & printing ink; adhesives & sealants; polymer processing; polishes is anticipated to augment market growth in Europe region during the forecast period. Increasing R&D activities related to use of natural products along with growing environmental concerns are likely driving factors for this regional segmentation as well.
North America FT wax market size was estimated at USD X million in 2017 owing to presence major companies such as Jelmar (USA) Inc.; Cargill Inc.
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of using FT waxes in cosmetic formulations
- Growing popularity of lip balms, lipsticks, and other personal care products that contain FT waxes
- Proliferation of online retail channels that offer a wide selection of FT wax-based cosmetics products
- Emerging markets in Asia Pacific and Latin America presenting opportunities for growth
Scope Of The Report
Report Attributes
Report Details
Report Title
FT Wax Market Research Report
By Type
C35-C80 Type, C80-C100 Type, C100+ Type
By Application
Adhesive Industry, Ink, Coating, Polymer Processing, Textiles, Polishes, Others
By Companies
Sasol, Shell, Lu'an Group, Nippon, Nanyang Saier, Sasol
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global FT Wax Market Report Segments:
The global FT Wax market is segmented on the basis of:
Types
C35-C80 Type, C80-C100 Type, C100+ Type
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
Adhesive Industry, Ink, Coating, Polymer Processing, Textiles, Polishes, 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
- Shell
- Lu'an Group
- Nippon
- Nanyang Saier
- Sasol
Highlights of The FT 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:
- C35-C80 Type
- C80-C100 Type
- C100+ Type
- By Application:
- Adhesive Industry
- Ink
- Coating
- Polymer Processing
- Textiles
- Polishes
- 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 FT 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.
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
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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?
FT Wax is a wax that is made from natural ingredients. It is a vegan and cruelty-free product. FT Wax can be used to remove hair, body waxing, and other skin care needs.
Some of the key players operating in the ft wax market are Sasol, Shell, Lu'an Group, Nippon, Nanyang Saier, Sasol.
The ft wax 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 FT Wax 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 FT Wax Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FT Wax 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 FT Wax 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 FT Wax Market Size & Forecast, 2020-2028
4.5.1 FT Wax Market Size and Y-o-Y Growth
4.5.2 FT Wax Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 C35-C80 Type
5.2.2 C80-C100 Type
5.2.3 C100+ Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Adhesive Industry
6.2.2 Ink
6.2.3 Coating
6.2.4 Polymer Processing
6.2.5 Textiles
6.2.6 Polishes
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FT Wax 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 FT Wax 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 C35-C80 Type
9.6.2 C80-C100 Type
9.6.3 C100+ Type
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 Market Size Forecast by Applications
9.10.1 Adhesive Industry
9.10.2 Ink
9.10.3 Coating
9.10.4 Polymer Processing
9.10.5 Textiles
9.10.6 Polishes
9.10.7 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 C35-C80 Type
10.6.2 C80-C100 Type
10.6.3 C100+ Type
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 Market Size Forecast by Applications
10.10.1 Adhesive Industry
10.10.2 Ink
10.10.3 Coating
10.10.4 Polymer Processing
10.10.5 Textiles
10.10.6 Polishes
10.10.7 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 C35-C80 Type
11.6.2 C80-C100 Type
11.6.3 C100+ Type
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 Market Size Forecast by Applications
11.10.1 Adhesive Industry
11.10.2 Ink
11.10.3 Coating
11.10.4 Polymer Processing
11.10.5 Textiles
11.10.6 Polishes
11.10.7 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 C35-C80 Type
12.6.2 C80-C100 Type
12.6.3 C100+ Type
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 Market Size Forecast by Applications
12.10.1 Adhesive Industry
12.10.2 Ink
12.10.3 Coating
12.10.4 Polymer Processing
12.10.5 Textiles
12.10.6 Polishes
12.10.7 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 C35-C80 Type
13.6.2 C80-C100 Type
13.6.3 C100+ Type
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) Market Size Forecast by Applications
13.10.1 Adhesive Industry
13.10.2 Ink
13.10.3 Coating
13.10.4 Polymer Processing
13.10.5 Textiles
13.10.6 Polishes
13.10.7 Others
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 FT Wax Market: Competitive Dashboard
14.2 Global FT Wax Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sasol
14.3.2 Shell
14.3.3 Lu'an Group
14.3.4 Nippon
14.3.5 Nanyang Saier
14.3.6 Sasol
