Market Overview:
The global wax anti-settling additives (WASA) market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the global wax anti-settling additives (WASA) market can be attributed to the increasing demand for diesel fuel from transportation and industrial sectors. In addition, growing awareness about the benefits of using wax anti-settling additives (WASA) in various applications is expected to boost the demand for these products over the forecast period. On basis of type, solvent based WASAs are projected to account for a larger share in terms of revenue as compared to water based WASAs over the forecast period. This can be attributed to their superior properties such as high thermal stability and low volatility which make them suitable for use in high temperature applications such as diesel fuel blending.
 Industry Outlook.svg)
Product Definition:
Wax Anti-Settling Additives (WASA) are additives which are used to prevent the settling of wax particles in a liquid. The importance of Wax Anti-Settling Additives (WASA) is that it ensures that the wax particles remain in suspension, which prevents them from depositing on the bottom of the container and forming a hard, insoluble deposit.
Solvent Based:
Solvent-based wax anti-settling additives are used to prevent the formation of large crystals during processing and storage of paraffin, a major constituent in waxes. These additives also help in maintaining the clarity and color of paraffin waxes. Solvent based wasa products have been gaining importance owing to their ability to provide high solid content (HP) with low moisture content (LMC).
Water Based:
Water-based additives are used to prevent wax from settling. They are also used in combination with other additives to help control the viscosity of the wax and enhance its properties. The product is added during the processing of paraffin, a major component in many cosmetics and personal care products including polishes, paints, coatings, varnishes & dyes among others.
Application Insights:
Diesel fuel was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The demand for diesel fuel is largely driven by its use as a motorfuel in automobiles across various regions, including North America and Europe. In addition, growing automotive production across key markets coupled with increasing consumer preference towards gasoline-powered vehicles will drive the product demand over the coming years.
Other applications include lubricating oils, gas turbine fuels and aviation fuels among others. Growing industrialization along with an increase in energy consumption has led to an increased demand for these products globally which is expected to have a positive impact on market growth over the forecast period. However, volatile crude oil prices may affect regional economies through supply channels which may hinder WASA market growth in some extent during future periods of analysis.
Regional Analysis:
North America was the largest regional market in 2017 and is anticipated to witness moderate growth over the forecast period. The region has a well-established oil & gas industry, which is one of the major end-users of diesel fuel additives. Increasing shale gas exploration in countries such as U.S., Canada, and Mexico are expected to drive product demand from anti-settle agents across North America during the forecast period.
Asia Pacific was estimated as being the second fastest growing regional market for wax anti-settling additives with a CAGR exceeding 5% during 2018 to 2030 owing to rapid industrialization along with increasing energy requirements in emerging economies including China and India coupled with rising automotive production levels within these countries will drive product demand over this period.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and composites
- Rising awareness about the benefits of using WASA among consumers
- Growing demand for lightweight and environment-friendly products
- Technological advancements in the production of WASA
- Expansion of global manufacturing base
Scope Of The Report
Report Attributes
Report Details
Report Title
Wax Anti-Settling Additives (WASA) Market Research Report
By Type
Solvent Based, Water Based
By Application
Diesel Fuel, Other
By Companies
SBZ Corporation, Cestoil Chemical, Total ACS, Clariant, Innospec, Multisol
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Wax Anti-Settling Additives (WASA) Market Report Segments:
The global Wax Anti-Settling Additives (WASA) market is segmented on the basis of:
Types
Solvent Based, Water Based
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
Diesel Fuel, 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:
- SBZ Corporation
- Cestoil Chemical
- Total ACS
- Clariant
- Innospec
- Multisol
 Market Overview.svg)
Highlights of The Wax Anti-Settling Additives (WASA) 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:
- Solvent Based
- Water Based
- By Application:
- Diesel Fuel
- 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 Anti-Settling Additives (WASA) 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
 Market Statistics.svg)
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?
Wasa is a wax anti-settling additive. WASA helps to prevent the formation of lumps or clumps in waxes and other petroleum-based products.
Some of the key players operating in the wax anti-settling additives (wasa) market are SBZ Corporation, Cestoil Chemical, Total ACS, Clariant, Innospec, Multisol.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wax Anti-Settling Additives (WASA) 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 Anti-Settling Additives (WASA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wax Anti-Settling Additives (WASA) 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 Anti-Settling Additives (WASA) 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 Anti-Settling Additives (WASA) Market Size & Forecast, 2020-2028
4.5.1 Wax Anti-Settling Additives (WASA) Market Size and Y-o-Y Growth
4.5.2 Wax Anti-Settling Additives (WASA) 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 Solvent Based
5.2.2 Water Based
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 Diesel Fuel
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wax Anti-Settling Additives (WASA) 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 Anti-Settling Additives (WASA) 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 Solvent Based
9.6.2 Water Based
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 Diesel Fuel
9.10.2 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 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 Solvent Based
10.6.2 Water Based
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 Diesel Fuel
10.10.2 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 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 Solvent Based
11.6.2 Water Based
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 Diesel Fuel
11.10.2 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 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 Solvent Based
12.6.2 Water Based
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 Diesel Fuel
12.10.2 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) 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 Solvent Based
13.6.2 Water Based
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 Diesel Fuel
13.10.2 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 Anti-Settling Additives (WASA) Market: Competitive Dashboard
14.2 Global Wax Anti-Settling Additives (WASA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SBZ Corporation
14.3.2 Cestoil Chemical
14.3.3 Total ACS
14.3.4 Clariant
14.3.5 Innospec
14.3.6 Multisol
