Market Overview:
The global micronized polyethylene 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 micronized polyethylene wax from various applications, such as plastic processing, hot-melt adhesive, ink & coating, and others. In addition, the growing demand for micronized polyethylene wax in emerging countries is also contributing to the growth of this market.
Product Definition:
Micronized Polyethylene Wax is a finely ground type of polyethylene wax. It is used as a lubricant, anti-static agent, and waterproofing agent.
Polymerization:
Polymerization is a process in which monomers (chemicals that can be converted into polymers) are linked together to form long chains. This reaction takes place through polymerization agents or catalysts. The most common catalysts used are metal oxides such as magnesium oxide and zinc oxide, and titanium dioxide are also known as macromonomers.
Modification:
Modification is a process in which the molecular structure of wax is changed by adding another compound or element to it. The modification can be done by using different types of agents like metal, oil, and water. Modification leads to unique properties that are not available in the original wax.
The most common type of modification used for producing MWPE (Micronized Polyethylene Wax) includes hydrolysis and esterification processes.
Application Insights:
The plastic processing application segment led the global micronized polyethylene wax market in 2017. It is used as a modifier for plastics and resins to improve their flow, hardness, and other properties. The product helps reduce shrinkage during molding, improves part quality by increasing density and strength as well as reduces gas & foam formation during storage of the molded parts.
Hot-melt adhesive is expected to be the fastest growing segment over the forecast period owing to its rising use in various industries including construction & building materials packaging medical equipment automotive electronics assembly where high temperature resistance of PE wax coated hot-melt adhesives are required. Micropolymerization process also increases bonding strength which further boosts product demand in this application segment.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region is home to several emerging economies, including China, India, Thailand and Malaysia. Increasing population coupled with rising living standards have resulted in an increased demand for household products such as plastic processing machines and automobiles resulting in high consumption of hot-melt adhesives. These factors are anticipated to drive product consumption over the next eight years.
Europe accounted for a significant share of global revenue owing to growing automotive production coupled with increasing demand from other industries such as construction & housing sector on account of rapid urbanization across countries like Russia, Turkey.
Growth Factors:
- Increasing demand for cosmetics and personal care products
- Rising demand from the pharmaceutical industry
- Growing application in food and beverage industry
- Rising popularity of micronized polyethylene wax in various end-use industries
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Micronized Polyethylene Wax Market Research Report
By Type
Polymerization, Modification, Thermal Cracking, Others
By Application
Plastic Processing, Hot-melt Adhesive, Ink & Coating, Others
By Companies
Honeywell International, Mitsui Chemicals, Clariant, Trecora Resources, BASF, SCG Group, Innospec Inc., The Lubrizol Corporation, Euroceras, Westlake Chemical Corporation, Marcus Oil and Chemical, Coschem, Wiwax, Deurex, Michelman, The International Group, SQI Group, Lion Chemtech, Ceronas, Paramelt, Synergy Additives, BYK Additives & Instruments, Cosmic Petrochem, EP Chem, Qingdao Bouni Chemical
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Micronized Polyethylene Wax Market Report Segments:
The global Micronized Polyethylene Wax market is segmented on the basis of:
Types
Polymerization, Modification, Thermal Cracking, 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
Plastic Processing, Hot-melt Adhesive, Ink & Coating, 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:
- Honeywell International
- Mitsui Chemicals
- Clariant
- Trecora Resources
- BASF
- SCG Group
- Innospec Inc.
- The Lubrizol Corporation
- Euroceras
- Westlake Chemical Corporation
- Marcus Oil and Chemical
- Coschem
- Wiwax
- Deurex
- Michelman
- The International Group
- SQI Group
- Lion Chemtech
- Ceronas
- Paramelt
- Synergy Additives
- BYK Additives & Instruments
- Cosmic Petrochem
- EP Chem
- Qingdao Bouni Chemical
Highlights of The Micronized 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:
- Polymerization
- Modification
- Thermal Cracking
- Others
- By Application:
- Plastic Processing
- Hot-melt Adhesive
- Ink & Coating
- 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 Micronized 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Micronized Polyethylene Wax is a type of wax that has been reduced in size so that it can be more easily absorbed by the skin. This makes it a good choice for people who have trouble with other types of waxes absorbing into their skin.
Some of the major players in the micronized polyethylene wax market are Honeywell International, Mitsui Chemicals, Clariant, Trecora Resources, BASF, SCG Group, Innospec Inc., The Lubrizol Corporation, Euroceras, Westlake Chemical Corporation, Marcus Oil and Chemical, Coschem, Wiwax, Deurex, Michelman, The International Group, SQI Group, Lion Chemtech, Ceronas, Paramelt, Synergy Additives, BYK Additives & Instruments, Cosmic Petrochem, EP Chem, Qingdao Bouni Chemical.
The micronized polyethylene wax market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micronized Polyethylene 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. Micronized Polyethylene Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micronized Polyethylene Wax Market - Supply Chain
4.5. Global Micronized Polyethylene Wax Market Forecast
4.5.1. Micronized Polyethylene Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micronized Polyethylene Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micronized Polyethylene Wax Market Absolute $ Opportunity
5. Global Micronized Polyethylene 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. Micronized Polyethylene Wax Market Size and Volume Forecast by Type
5.3.1. Polymerization
5.3.2. Modification
5.3.3. Thermal Cracking
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micronized Polyethylene 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. Micronized Polyethylene Wax Market Size and Volume Forecast by Application
6.3.1. Plastic Processing
6.3.2. Hot-melt Adhesive
6.3.3. Ink & Coating
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micronized Polyethylene 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. Micronized Polyethylene 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 Micronized Polyethylene 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. Micronized Polyethylene 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 Micronized Polyethylene Wax Demand Share Forecast, 2019-2026
9. North America Micronized Polyethylene 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 Micronized Polyethylene 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 Micronized Polyethylene Wax Market Size and Volume Forecast by Application
9.4.1. Plastic Processing
9.4.2. Hot-melt Adhesive
9.4.3. Ink & Coating
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micronized Polyethylene Wax Market Size and Volume Forecast by Type
9.7.1. Polymerization
9.7.2. Modification
9.7.3. Thermal Cracking
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 Micronized Polyethylene Wax Demand Share Forecast, 2019-2026
10. Latin America Micronized Polyethylene 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 Micronized Polyethylene 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 Micronized Polyethylene Wax Market Size and Volume Forecast by Application
10.4.1. Plastic Processing
10.4.2. Hot-melt Adhesive
10.4.3. Ink & Coating
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micronized Polyethylene Wax Market Size and Volume Forecast by Type
10.7.1. Polymerization
10.7.2. Modification
10.7.3. Thermal Cracking
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 Micronized Polyethylene Wax Demand Share Forecast, 2019-2026
11. Europe Micronized Polyethylene 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 Micronized Polyethylene 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 Micronized Polyethylene Wax Market Size and Volume Forecast by Application
11.4.1. Plastic Processing
11.4.2. Hot-melt Adhesive
11.4.3. Ink & Coating
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micronized Polyethylene Wax Market Size and Volume Forecast by Type
11.7.1. Polymerization
11.7.2. Modification
11.7.3. Thermal Cracking
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 Micronized Polyethylene Wax Demand Share, 2019-2026
12. Asia Pacific Micronized Polyethylene 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 Micronized Polyethylene 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 Micronized Polyethylene Wax Market Size and Volume Forecast by Application
12.4.1. Plastic Processing
12.4.2. Hot-melt Adhesive
12.4.3. Ink & Coating
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micronized Polyethylene Wax Market Size and Volume Forecast by Type
12.7.1. Polymerization
12.7.2. Modification
12.7.3. Thermal Cracking
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 Micronized Polyethylene Wax Demand Share, 2019-2026
13. Middle East & Africa Micronized Polyethylene 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 Micronized Polyethylene 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 Micronized Polyethylene Wax Market Size and Volume Forecast by Application
13.4.1. Plastic Processing
13.4.2. Hot-melt Adhesive
13.4.3. Ink & Coating
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micronized Polyethylene Wax Market Size and Volume Forecast by Type
13.7.1. Polymerization
13.7.2. Modification
13.7.3. Thermal Cracking
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 Micronized Polyethylene Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micronized Polyethylene Wax Market: Market Share Analysis
14.2. Micronized Polyethylene Wax Distributors and Customers
14.3. Micronized Polyethylene Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mitsui Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Clariant
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trecora Resources
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SCG Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Innospec Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Lubrizol Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Euroceras
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Westlake Chemical Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Marcus Oil and Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Coschem
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wiwax
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Deurex
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Michelman
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. The International Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SQI Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lion Chemtech
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Ceronas
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Paramelt
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
