Market Overview:
The global polyethylene wax market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyethylene wax from various applications such as color masterbatch, calcium masterbatch, candle, processing aid (PVC based), processing aid (PE based), thermal road marking, hot melt adhesive, coating (industrial coating and architectural coating), printing ink and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for polyethylene wax from countries such as China and India.
Product Definition:
Polyethylene Wax is a synthetic wax that is derived from ethylene and propylene. It is used in a variety of applications, including as a lubricant, an emulsifier, and as a coating agent. Polyethylene Wax can also be used to improve the quality of plastics, rubber, and other materials.
HDPE Wax:
High-density polyethylene wax is a type of synthetic wax that is produced from the polymerization of ethylene. It has properties such as low density, high molecular weight, and high melting point. These properties make it suitable for use in various applications including adhesives and sealants, cosmetics & personal care products, lubricants (for example: motor oil), paper coating & board coatings among others.
LDPE Wax:
LDPE Wax is a type of petroleum-based wax. It is produced from paraffin, which is derived from crude oil through dewaxing and deoiling processes. The product name comes from its major application in the production of packaging films for food & beverages, household care products and personal care products such as cosmetics & toiletries.
Application Insights:
Color masterbatch application dominated the global polyethylene wax market in terms of revenue share in 2017. HDPE wax is majorly used for color masterbatch application as it imparts high-quality color and provides excellent adhesion to a wide range of substrates. The product also finds applications as a processing aid, thermal road marking, hot melt adhesive and floor polish among others.
Polyethylene wax based calcium masterbatches are increasingly being utilized by foundry industries across the globe due to their ability to provide smooth surface finish on casting without any additional coatings or films required for protection against corrosion or oxidation. These products can be easily modified using various additives that enhance specific performance characteristics such as flowability, strength & hardness (of the final molded part), heat resistance & release (for plastic parts) and mold release properties (for metal parts).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in various applications such as printing ink, coating, color masterbatch and others. The growth can be attributed to the presence of a large number of manufacturers in China and India along with other Southeast Asian countries. In addition, rising disposable income coupled with growing population will drive further product consumption over the forecast period.
The market for polyethylene waxes in Europe was valued at USD X million in 2017 and is anticipated to witness slow growth over the forecast period on account of stringent environmental regulations regarding manufacturing processes leading towards high capital cost for new plantings or expansion activities by existing players operating within this industry sector.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising investment in R&D for product innovation
- Growing popularity of polyethylene waxes as a green and eco-friendly alternative to petrochemical-based products
- Rising demand from emerging markets such as China and India
- Technological advancements that have led to the development of new applications for polyethylene waxes
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Wax Market Research Report
By Type
HDPE Wax, LDPE Wax, Polyethylene Oxide, Other
By Application
Color Masterbatch, Calcium Masterbatch, Candle, Processing Aid (PVC Based), Processing Aid (PE Based), Thermal Road Marking, Hot Melt Adhesive, Coating (industrial coating and architectural coating), Printing Ink, Others(Rubber, EPS, Bitumen Modification, Floor Polish, etc
By Companies
Honeywell, BASF, Mitsui Chemicals, Westlake, Clariant, Innospec, Lubrizol, SCG Chemicals, WIWAX, Trecora Chemical, Honeywell, Cosmic Petrochem, Marcus Oil, Baker Hughes, Sanyo, Savita, Lionchem Tech, Coschem, Darent Wax, Qingdao Sainuo, Yi Mei New Material Technology
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Wax Market Report Segments:
The global Polyethylene Wax market is segmented on the basis of:
Types
HDPE Wax, LDPE Wax, Polyethylene Oxide, 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
Color Masterbatch, Calcium Masterbatch, Candle, Processing Aid (PVC Based), Processing Aid (PE Based), Thermal Road Marking, Hot Melt Adhesive, Coating (industrial coating and architectural coating), Printing Ink, Others(Rubber, EPS, Bitumen Modification, Floor Polish, etc
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:
- Honeywell
- BASF
- Mitsui Chemicals
- Westlake
- Clariant
- Innospec
- Lubrizol
- SCG Chemicals
- WIWAX
- Trecora Chemical
- Honeywell
- Cosmic Petrochem
- Marcus Oil
- Baker Hughes
- Sanyo
- Savita
- Lionchem Tech
- Coschem
- Darent Wax
- Qingdao Sainuo
- Yi Mei New Material Technology
Highlights of The Polyethylene 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:
- HDPE Wax
- LDPE Wax
- Polyethylene Oxide
- Other
- By Application:
- Color Masterbatch
- Calcium Masterbatch
- Candle
- Processing Aid (PVC Based)
- Processing Aid (PE Based)
- Thermal Road Marking
- Hot Melt Adhesive
- Coating (industrial coating and architectural coating)
- Printing Ink
- Others(Rubber, EPS, Bitumen Modification, Floor Polish, etc
- 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 Polyethylene 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?
Polyethylene wax is a type of wax that is made from polyethylene. It has a high melting point and can be used to make candles, melts, and other products.
Some of the major players in the polyethylene wax market are Honeywell, BASF, Mitsui Chemicals, Westlake, Clariant, Innospec, Lubrizol, SCG Chemicals, WIWAX, Trecora Chemical, Honeywell, Cosmic Petrochem, Marcus Oil, Baker Hughes, Sanyo, Savita, Lionchem Tech, Coschem, Darent Wax, Qingdao Sainuo, Yi Mei New Material Technology.
The polyethylene 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 Polyethylene 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 Polyethylene Wax Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polyethylene 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 Polyethylene 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 Polyethylene Wax Market Size & Forecast, 2020-2028 4.5.1 Polyethylene Wax Market Size and Y-o-Y Growth 4.5.2 Polyethylene 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 HDPE Wax
5.2.2 LDPE Wax
5.2.3 Polyethylene Oxide
5.2.4 Other
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 Color Masterbatch
6.2.2 Calcium Masterbatch
6.2.3 Candle
6.2.4 Processing Aid (PVC Based)
6.2.5 Processing Aid (PE Based)
6.2.6 Thermal Road Marking
6.2.7 Hot Melt Adhesive
6.2.8 Coating (industrial coating and architectural coating)
6.2.9 Printing Ink
6.2.10 Others(Rubber
6.2.11 EPS
6.2.12 Bitumen Modification
6.2.13 Floor Polish
6.2.14 etc
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyethylene 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 Polyethylene 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 HDPE Wax
9.6.2 LDPE Wax
9.6.3 Polyethylene Oxide
9.6.4 Other
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 Color Masterbatch
9.10.2 Calcium Masterbatch
9.10.3 Candle
9.10.4 Processing Aid (PVC Based)
9.10.5 Processing Aid (PE Based)
9.10.6 Thermal Road Marking
9.10.7 Hot Melt Adhesive
9.10.8 Coating (industrial coating and architectural coating)
9.10.9 Printing Ink
9.10.10 Others(Rubber
9.10.11 EPS
9.10.12 Bitumen Modification
9.10.13 Floor Polish
9.10.14 etc
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 HDPE Wax
10.6.2 LDPE Wax
10.6.3 Polyethylene Oxide
10.6.4 Other
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 Color Masterbatch
10.10.2 Calcium Masterbatch
10.10.3 Candle
10.10.4 Processing Aid (PVC Based)
10.10.5 Processing Aid (PE Based)
10.10.6 Thermal Road Marking
10.10.7 Hot Melt Adhesive
10.10.8 Coating (industrial coating and architectural coating)
10.10.9 Printing Ink
10.10.10 Others(Rubber
10.10.11 EPS
10.10.12 Bitumen Modification
10.10.13 Floor Polish
10.10.14 etc
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 HDPE Wax
11.6.2 LDPE Wax
11.6.3 Polyethylene Oxide
11.6.4 Other
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 Color Masterbatch
11.10.2 Calcium Masterbatch
11.10.3 Candle
11.10.4 Processing Aid (PVC Based)
11.10.5 Processing Aid (PE Based)
11.10.6 Thermal Road Marking
11.10.7 Hot Melt Adhesive
11.10.8 Coating (industrial coating and architectural coating)
11.10.9 Printing Ink
11.10.10 Others(Rubber
11.10.11 EPS
11.10.12 Bitumen Modification
11.10.13 Floor Polish
11.10.14 etc
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 HDPE Wax
12.6.2 LDPE Wax
12.6.3 Polyethylene Oxide
12.6.4 Other
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 Color Masterbatch
12.10.2 Calcium Masterbatch
12.10.3 Candle
12.10.4 Processing Aid (PVC Based)
12.10.5 Processing Aid (PE Based)
12.10.6 Thermal Road Marking
12.10.7 Hot Melt Adhesive
12.10.8 Coating (industrial coating and architectural coating)
12.10.9 Printing Ink
12.10.10 Others(Rubber
12.10.11 EPS
12.10.12 Bitumen Modification
12.10.13 Floor Polish
12.10.14 etc
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 HDPE Wax
13.6.2 LDPE Wax
13.6.3 Polyethylene Oxide
13.6.4 Other
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 Color Masterbatch
13.10.2 Calcium Masterbatch
13.10.3 Candle
13.10.4 Processing Aid (PVC Based)
13.10.5 Processing Aid (PE Based)
13.10.6 Thermal Road Marking
13.10.7 Hot Melt Adhesive
13.10.8 Coating (industrial coating and architectural coating)
13.10.9 Printing Ink
13.10.10 Others(Rubber
13.10.11 EPS
13.10.12 Bitumen Modification
13.10.13 Floor Polish
13.10.14 etc
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 Polyethylene Wax Market: Competitive Dashboard
14.2 Global Polyethylene Wax Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 BASF
14.3.3 Mitsui Chemicals
14.3.4 Westlake
14.3.5 Clariant
14.3.6 Innospec
14.3.7 Lubrizol
14.3.8 SCG Chemicals
14.3.9 WIWAX
14.3.10 Trecora Chemical
14.3.11 Honeywell
14.3.12 Cosmic Petrochem
14.3.13 Marcus Oil
14.3.14 Baker Hughes
14.3.15 Sanyo
14.3.16 Savita
14.3.17 Lionchem Tech
14.3.18 Coschem
14.3.19 Darent Wax
14.3.20 Qingdao Sainuo
14.3.21 Yi Mei New Material Technology