Market Overview:
The global mineral waxes 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 mineral waxes from various applications such as medical, paper, electronics, and scientific research among others. In addition, the growing demand for mineral waxes from emerging economies such as China and India is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing mineral waxes may restrain the growth of this market during the forecast period. On basis on type, peat waxes are projected to account for a major share of global mineral Wax Market by 2030 owing its properties including low melting point and good thermal stability that make it suitable for use in various end-use industries such as medical devices & products, cosmetics & personal care products etcetera . On basis on application , medical industry is projected witness highest CAGR over next 10 years owing rising number geriatric population coupled with increasing per capita healthcare expenditure across globe .
Product Definition:
A mineral wax is a naturally occurring or synthetic wax that consists of hydrocarbons, predominantly alkanes and alkenes. Mineral Waxes are obtained from crude oil, shale oil, and coal tar. They are used as starting materials in the manufacture of paraffin wax, microcrystalline wax, Fischer-Tropsch Waxes etc.
Peat waxes:
Peat waxes are natural waxes extracted from the waste material known as peat. It is found in several forms including, paraffin, microcrystalline and straight-run (unprocessed). The major factor that propels the growth of this market is its non-toxicity & environment friendly nature. Also it has high demand from various end-use industries such as automotive & transportation and packaging which will boost up the global market in coming years.
Ozocerite:
Ozocerite is a naturally occurring mineral, which is a part of the group of ceramics. It has an appearance similar to wax and can be easily removed from the surface on which it is applied. Ozocerite contains calcium oxide (oxide of lime) and hydrogen gas, hence its name.
Application Insights:
The paper application segment led the global mineral waxes market in 2017. Mineral waxes are used as coatings on paper for various applications such as tissue, tissuesex, facial tissue, baby wipes and adult incontinence products. The growing demand for sustainable packaging is expected to have a positive impact on the growth of this application segment over the forecast period.
The medical sector is anticipated to witness significant growth over the forecast period owing to increasing product usage in manufacturing surgical equipment & devices such as forceps, clamps and needle drivers among others. In addition, these products are also used in manufacturing dental instruments & equipment like dentures and retainers which is further expected to drive their demand globally over the next eight years or so. Mineral waxes when applied onto plastic surfaces act as an abrasive which helps remove dirt from hardtoilet seats making them cleanable with ease.
Regional Analysis:
Asia Pacific dominated the global mineral waxes market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for packaging material from various end-use industries, such as medical, food & beverage and mining. In addition, growing population and rising living standards are likely to propel product demand in Asia Pacific countries including China, India and Japan.
The presence of a large number of mineral processing plants coupled with developing infrastructure is also anticipated to drive industry expansion over the next eight years. Furthermore, rapid industrialization along with government support aimed at promoting domestic manufacturing activities is projecteded boost regional growth during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of mineral waxes over other substitutes
- Growing investments in R&D to develop new applications for mineral waxes
- Expansion of production capacities by key players to cater to the increasing demand
- Emergence of new players in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Waxes Market Research Report
By Type
Peat waxes, Ozocerite, Montan wax, Ceresin waxes
By Application
Medical, Paper, Electronics, Santific Research, Mining, Other
By Companies
ROMONTA, VOLPKER, Clariant, IGI, Strahl & Pitsch, Frank B. Ross, Koster-wax, Poth Hille, M/S Bhakti Petrochem, Yunphos, Yunan Shangcheng Biotechnology, Senlin Laye
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Waxes Market Report Segments:
The global Mineral Waxes market is segmented on the basis of:
Types
Peat waxes, Ozocerite, Montan wax, Ceresin waxes
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
Medical, Paper, Electronics, Santific Research, Mining, 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:
- ROMONTA
- VOLPKER
- Clariant
- IGI
- Strahl & Pitsch
- Frank B. Ross
- Koster-wax
- Poth Hille
- M/S Bhakti Petrochem
- Yunphos
- Yunan Shangcheng Biotechnology
- Senlin Laye
Highlights of The Mineral Waxes 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:
- Peat waxes
- Ozocerite
- Montan wax
- Ceresin waxes
- By Application:
- Medical
- Paper
- Electronics
- Santific Research
- Mining
- 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 Mineral Waxes 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
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- 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?
Mineral waxes are a type of wax that is derived from natural sources. These waxes are made up of different types of minerals, including hydrocarbons and other organic molecules. Mineral waxes can be used to create products that have a variety of properties, including hardness, flexibility, and thermal stability.
Some of the major companies in the mineral waxes market are ROMONTA, VOLPKER, Clariant, IGI, Strahl & Pitsch, Frank B. Ross, Koster-wax, Poth Hille, M/S Bhakti Petrochem, Yunphos, Yunan Shangcheng Biotechnology, Senlin Laye.
The mineral waxes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mineral Waxes 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. Mineral Waxes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mineral Waxes Market - Supply Chain
4.5. Global Mineral Waxes Market Forecast
4.5.1. Mineral Waxes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mineral Waxes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mineral Waxes Market Absolute $ Opportunity
5. Global Mineral Waxes 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. Mineral Waxes Market Size and Volume Forecast by Type
5.3.1. Peat waxes
5.3.2. Ozocerite
5.3.3. Montan wax
5.3.4. Ceresin waxes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mineral Waxes 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. Mineral Waxes Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Paper
6.3.3. Electronics
6.3.4. Santific Research
6.3.5. Mining
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mineral Waxes 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. Mineral Waxes 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 Mineral Waxes 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. Mineral Waxes 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 Mineral Waxes Demand Share Forecast, 2019-2026
9. North America Mineral Waxes 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 Mineral Waxes 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 Mineral Waxes Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Paper
9.4.3. Electronics
9.4.4. Santific Research
9.4.5. Mining
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mineral Waxes Market Size and Volume Forecast by Type
9.7.1. Peat waxes
9.7.2. Ozocerite
9.7.3. Montan wax
9.7.4. Ceresin waxes
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 Mineral Waxes Demand Share Forecast, 2019-2026
10. Latin America Mineral Waxes 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 Mineral Waxes 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 Mineral Waxes Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Paper
10.4.3. Electronics
10.4.4. Santific Research
10.4.5. Mining
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mineral Waxes Market Size and Volume Forecast by Type
10.7.1. Peat waxes
10.7.2. Ozocerite
10.7.3. Montan wax
10.7.4. Ceresin waxes
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 Mineral Waxes Demand Share Forecast, 2019-2026
11. Europe Mineral Waxes 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 Mineral Waxes 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 Mineral Waxes Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Paper
11.4.3. Electronics
11.4.4. Santific Research
11.4.5. Mining
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mineral Waxes Market Size and Volume Forecast by Type
11.7.1. Peat waxes
11.7.2. Ozocerite
11.7.3. Montan wax
11.7.4. Ceresin waxes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -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 Mineral Waxes Demand Share, 2019-2026
12. Asia Pacific Mineral Waxes 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 Mineral Waxes 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 Mineral Waxes Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Paper
12.4.3. Electronics
12.4.4. Santific Research
12.4.5. Mining
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mineral Waxes Market Size and Volume Forecast by Type
12.7.1. Peat waxes
12.7.2. Ozocerite
12.7.3. Montan wax
12.7.4. Ceresin waxes
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 Mineral Waxes Demand Share, 2019-2026
13. Middle East & Africa Mineral Waxes 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 Mineral Waxes 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 Mineral Waxes Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Paper
13.4.3. Electronics
13.4.4. Santific Research
13.4.5. Mining
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mineral Waxes Market Size and Volume Forecast by Type
13.7.1. Peat waxes
13.7.2. Ozocerite
13.7.3. Montan wax
13.7.4. Ceresin waxes
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 Mineral Waxes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mineral Waxes Market: Market Share Analysis
14.2. Mineral Waxes Distributors and Customers
14.3. Mineral Waxes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ROMONTA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VOLPKER
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. IGI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Strahl & Pitsch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Frank B. Ross
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Koster-wax
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Poth Hille
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. M/S Bhakti Petrochem
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yunphos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yunan Shangcheng Biotechnology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Senlin Laye
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
