The global microcrystalline 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 microcrystalline wax in various industries such as rubber industry, explosive industry, cosmetic and pharmaceutical industry, food industry, resin industry and electronics industry. The global microcrystalline wax market is segmented on the basis of type (75#, 85# and 90#), application (rubber industry, explosive industry, cosmetic and pharmaceuticals industries) and region (North America, Latin America Europe Asia Pacific Middle East & Africa). North America accounted for the largest share in 2017 owing to its high demand for microcrystalline wax in various industries such as rubber manufacturing sector which is expected to drive this regional market over the forecast period.
Some Of The Growth Factors Of This Market:
- Increasing demand for cosmetics and personal care products is one of the major factors driving the growth of this market.
- Increasing demand for food packaging materials is also driving the growth of this market.
- Increasing demand for automotive coatings and sealants is another factor that will drive the growth of this market.
- Growing population in emerging economies such as China and India will also drive the growth of this market.
Industry Growth Insights published a new data on “Microcrystalline Wax Market”. The research report is titled “Microcrystalline Wax Market research by Types (75#, 85#, 90#, Others), By Applications (Rubber industry, Explosive industry, Cosmetic and Pharmaceutical, Food industry, Resin industry, Electronics industry, Others), By Players/Companies Strahl & Pitsch, Sonneborn, Sasol, Paramelt, Shell, International Group (IGI), Frank B. Ross, Lanxess, Sinopec Nanyang Energy Chemical, Huatai Chemical, Kahl Wax, Industrial Raw Materials (IRM), Taiwan Wax, Hase Petroleum Wax, Nippon Seiro, Blended Waxe (BWI), Senlin Laye, Henghong, Dongnam Petrochemicals”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microcrystalline Wax Market Research Report
By Type
75#, 85#, 90#, Others
By Application
Rubber industry, Explosive industry, Cosmetic and Pharmaceutical, Food industry, Resin industry, Electronics industry, Others
By Companies
Strahl & Pitsch, Sonneborn, Sasol, Paramelt, Shell, International Group (IGI), Frank B. Ross, Lanxess, Sinopec Nanyang Energy Chemical, Huatai Chemical, Kahl Wax, Industrial Raw Materials (IRM), Taiwan Wax, Hase Petroleum Wax, Nippon Seiro, Blended Waxe (BWI), Senlin Laye, Henghong, Dongnam Petrochemicals
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Microcrystalline Wax Market Report Segments:
The global Microcrystalline Wax market is segmented on the basis of:
Types
75#, 85#, 90#, Others
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
Rubber industry, Explosive industry, Cosmetic and Pharmaceutical, Food industry, Resin industry, Electronics industry, 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:
- Strahl & Pitsch
- Sonneborn
- Sasol
- Paramelt
- Shell
- International Group (IGI)
- Frank B. Ross
- Lanxess
- Sinopec Nanyang Energy Chemical
- Huatai Chemical
- Kahl Wax
- Industrial Raw Materials (IRM)
- Taiwan Wax
- Hase Petroleum Wax
- Nippon Seiro
- Blended Waxe (BWI)
- Senlin Laye
- Henghong
- Dongnam Petrochemicals
Highlights of The Microcrystalline 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:
- 75#
- 85#
- 90#
- Others
- By Application:
- Rubber industry
- Explosive industry
- Cosmetic and Pharmaceutical
- Food industry
- Resin industry
- Electronics industry
- 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 Microcrystalline 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
- Identifying Appropriate Advertising Appeals
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?
Microcrystalline wax is a type of wax that is made up of very small crystals. These crystals are so small that they can't be seen with the naked eye. This makes microcrystalline wax a popular choice for candles because it doesn't easily melt and create messes.
Some of the key players operating in the microcrystalline wax market are Strahl & Pitsch, Sonneborn, Sasol, Paramelt, Shell, International Group (IGI), Frank B. Ross, Lanxess, Sinopec Nanyang Energy Chemical, Huatai Chemical, Kahl Wax, Industrial Raw Materials (IRM), Taiwan Wax, Hase Petroleum Wax, Nippon Seiro, Blended Waxe (BWI), Senlin Laye, Henghong, Dongnam Petrochemicals.
The microcrystalline 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. Microcrystalline 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. Microcrystalline Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microcrystalline Wax Market - Supply Chain
4.5. Global Microcrystalline Wax Market Forecast
4.5.1. Microcrystalline Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microcrystalline Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microcrystalline Wax Market Absolute $ Opportunity
5. Global Microcrystalline 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. Microcrystalline Wax Market Size and Volume Forecast by Type
5.3.1. 75#
5.3.2. 85#
5.3.3. 90#
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microcrystalline 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. Microcrystalline Wax Market Size and Volume Forecast by Application
6.3.1. Rubber industry
6.3.2. Explosive industry
6.3.3. Cosmetic and Pharmaceutical
6.3.4. Food industry
6.3.5. Resin industry
6.3.6. Electronics industry
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microcrystalline 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. Microcrystalline 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 Microcrystalline 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. Microcrystalline 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 Microcrystalline Wax Demand Share Forecast, 2019-2026
9. North America Microcrystalline 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 Microcrystalline 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 Microcrystalline Wax Market Size and Volume Forecast by Application
9.4.1. Rubber industry
9.4.2. Explosive industry
9.4.3. Cosmetic and Pharmaceutical
9.4.4. Food industry
9.4.5. Resin industry
9.4.6. Electronics industry
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microcrystalline Wax Market Size and Volume Forecast by Type
9.7.1. 75#
9.7.2. 85#
9.7.3. 90#
9.7.4. Others
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 Microcrystalline Wax Demand Share Forecast, 2019-2026
10. Latin America Microcrystalline 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 Microcrystalline 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 Microcrystalline Wax Market Size and Volume Forecast by Application
10.4.1. Rubber industry
10.4.2. Explosive industry
10.4.3. Cosmetic and Pharmaceutical
10.4.4. Food industry
10.4.5. Resin industry
10.4.6. Electronics industry
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microcrystalline Wax Market Size and Volume Forecast by Type
10.7.1. 75#
10.7.2. 85#
10.7.3. 90#
10.7.4. Others
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 Microcrystalline Wax Demand Share Forecast, 2019-2026
11. Europe Microcrystalline 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 Microcrystalline 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 Microcrystalline Wax Market Size and Volume Forecast by Application
11.4.1. Rubber industry
11.4.2. Explosive industry
11.4.3. Cosmetic and Pharmaceutical
11.4.4. Food industry
11.4.5. Resin industry
11.4.6. Electronics industry
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microcrystalline Wax Market Size and Volume Forecast by Type
11.7.1. 75#
11.7.2. 85#
11.7.3. 90#
11.7.4. Others
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 Microcrystalline Wax Demand Share, 2019-2026
12. Asia Pacific Microcrystalline 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 Microcrystalline 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 Microcrystalline Wax Market Size and Volume Forecast by Application
12.4.1. Rubber industry
12.4.2. Explosive industry
12.4.3. Cosmetic and Pharmaceutical
12.4.4. Food industry
12.4.5. Resin industry
12.4.6. Electronics industry
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microcrystalline Wax Market Size and Volume Forecast by Type
12.7.1. 75#
12.7.2. 85#
12.7.3. 90#
12.7.4. Others
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 Microcrystalline Wax Demand Share, 2019-2026
13. Middle East & Africa Microcrystalline 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 Microcrystalline 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 Microcrystalline Wax Market Size and Volume Forecast by Application
13.4.1. Rubber industry
13.4.2. Explosive industry
13.4.3. Cosmetic and Pharmaceutical
13.4.4. Food industry
13.4.5. Resin industry
13.4.6. Electronics industry
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microcrystalline Wax Market Size and Volume Forecast by Type
13.7.1. 75#
13.7.2. 85#
13.7.3. 90#
13.7.4. Others
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 Microcrystalline Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microcrystalline Wax Market: Market Share Analysis
14.2. Microcrystalline Wax Distributors and Customers
14.3. Microcrystalline Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Strahl & Pitsch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sonneborn
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sasol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Paramelt
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. International Group (IGI)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Frank B. Ross
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lanxess
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sinopec Nanyang Energy Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Huatai Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kahl Wax
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Industrial Raw Materials (IRM)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Taiwan Wax
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hase Petroleum Wax
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nippon Seiro
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Blended Waxe (BWI)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Senlin Laye
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Henghong
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dongnam Petrochemicals
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