Market Overview:
The global polypropylene 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 polypropylene waxes from various applications such as plastics & polymer, hot melt adhesive, inks & paints, and release agent. In addition, the growing demand for polypropylene waxes from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, normal PP wax segment accounted for majority share in global PP Wax Market and is projected to grow at a CAGR over 5%. Modified PP Wax segment is projected witness highest CAGR over 6%. On basis on application , Plastics & Polymer Segment accounted largest share (over 60%) followed by Hot Melt Adhesive Segment with around 25% Share .
Product Definition:
Polypropylene Waxes are used as a plasticizer and a lubricant in various applications. They are also used as an additive to improve the physical properties of polypropylene.
Normal PP Wax:
Normal Propylene Wax is a normal, liquid hydrocarbon-based wax that is manufactured from propylene. It has a melting point of 38 °C and boiling point of 174 °C.
Modified PP Wax:
Modified Polypropylene (MPP) wax is a type of synthetic wax produced by adding polymers to an Exxon Mobil Chemical plant in the U.S. It has high melting point and low molecular weight which makes it ideal for use in coatings, adhesives, and polishes among other applications where low-temperature properties are required.
Application Insights:
In terms of volume, the plastics & polymer application led the global propylene waxes market with a share of over 60.0% in 2017. The segment is projected to witness significant growth during the forecast period on account of rising demand for polypropylene from various industries such as automotive, construction and packaging among others.
Hot melt adhesive is one of the major applications that are anticipated to propel product demand over the forecast period owing to its properties such as high temperature resistance and superior bond strength with a wide range of substrates including metals, ceramics and papers among others.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 40% of the global revenue share. The region is also expected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, low labor cost, availability of skilled workforce and abundant raw material supply coupled with easy accessibility to land and capital goods.
The growing automotive industry in China is expected to drive product demand over the forecast period as well as provide a potential growth opportunity for new entrants due to high demand for plastic parts that are corrosion resistant & durable along with being lightweight & cheaper than metals counterparts.
Europe was valued at USD X million in 2017 owing towards presence of stringent regulations against synthetic polymers used across several industries such as adhesives & sealants which has resulted into increased use of bio-based polymers resulting into higher consumption of propylene waxes across this region since past few years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Rising awareness about the benefits of polypropylene waxes over traditional petroleum-based waxes
- Growing investments in research and development to improve the quality and performance of polypropylene waxes
- Expansion of manufacturing capacities by key players to cater to the increasing demand
- Emergence of new applications for polypropylene waxes in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Polypropylene Waxes Market Research Report
By Type
Normal PP Wax, Modified PP Wax
By Application
Plastics & Polymer, Hot Melt Adhesive, Inks & Paints, Release Agent
By Companies
Clariant, COSCHEM, Honeywell, Lubrizol, Deurex, Shamrock Technologies, Lion-chemtech, Mitsui Chemicals, Euroceras, Nanjing Tianshi, Chengdu Tongli
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Polypropylene Waxes Market Report Segments:
The global Polypropylene Waxes market is segmented on the basis of:
Types
Normal PP Wax, Modified PP Wax
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
Plastics & Polymer, Hot Melt Adhesive, Inks & Paints, Release Agent
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:
- Clariant
- COSCHEM
- Honeywell
- Lubrizol
- Deurex
- Shamrock Technologies
- Lion-chemtech
- Mitsui Chemicals
- Euroceras
- Nanjing Tianshi
- Chengdu Tongli
Highlights of The Polypropylene 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:
- Normal PP Wax
- Modified PP Wax
- By Application:
- Plastics & Polymer
- Hot Melt Adhesive
- Inks & Paints
- Release Agent
- 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 Polypropylene 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
- 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?
Polypropylene waxes are a type of synthetic wax that is made from propylene. They are often used in products that need to be resistant to water and oil, such as car parts and furniture.
Some of the major companies in the polypropylene waxes market are Clariant, COSCHEM, Honeywell, Lubrizol, Deurex, Shamrock Technologies, Lion-chemtech, Mitsui Chemicals, Euroceras, Nanjing Tianshi, Chengdu Tongli.
The polypropylene waxes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polypropylene 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. Polypropylene Waxes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polypropylene Waxes Market - Supply Chain
4.5. Global Polypropylene Waxes Market Forecast
4.5.1. Polypropylene Waxes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polypropylene Waxes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polypropylene Waxes Market Absolute $ Opportunity
5. Global Polypropylene 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. Polypropylene Waxes Market Size and Volume Forecast by Type
5.3.1. Normal PP Wax
5.3.2. Modified PP Wax
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polypropylene 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. Polypropylene Waxes Market Size and Volume Forecast by Application
6.3.1. Plastics & Polymer
6.3.2. Hot Melt Adhesive
6.3.3. Inks & Paints
6.3.4. Release Agent
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polypropylene 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. Polypropylene 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 Polypropylene 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. Polypropylene 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 Polypropylene Waxes Demand Share Forecast, 2019-2026
9. North America Polypropylene 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 Polypropylene 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 Polypropylene Waxes Market Size and Volume Forecast by Application
9.4.1. Plastics & Polymer
9.4.2. Hot Melt Adhesive
9.4.3. Inks & Paints
9.4.4. Release Agent
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polypropylene Waxes Market Size and Volume Forecast by Type
9.7.1. Normal PP Wax
9.7.2. Modified PP Wax
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 Polypropylene Waxes Demand Share Forecast, 2019-2026
10. Latin America Polypropylene 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 Polypropylene 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 Polypropylene Waxes Market Size and Volume Forecast by Application
10.4.1. Plastics & Polymer
10.4.2. Hot Melt Adhesive
10.4.3. Inks & Paints
10.4.4. Release Agent
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polypropylene Waxes Market Size and Volume Forecast by Type
10.7.1. Normal PP Wax
10.7.2. Modified PP Wax
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 Polypropylene Waxes Demand Share Forecast, 2019-2026
11. Europe Polypropylene 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 Polypropylene 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 Polypropylene Waxes Market Size and Volume Forecast by Application
11.4.1. Plastics & Polymer
11.4.2. Hot Melt Adhesive
11.4.3. Inks & Paints
11.4.4. Release Agent
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polypropylene Waxes Market Size and Volume Forecast by Type
11.7.1. Normal PP Wax
11.7.2. Modified PP Wax
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 Polypropylene Waxes Demand Share, 2019-2026
12. Asia Pacific Polypropylene 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 Polypropylene 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 Polypropylene Waxes Market Size and Volume Forecast by Application
12.4.1. Plastics & Polymer
12.4.2. Hot Melt Adhesive
12.4.3. Inks & Paints
12.4.4. Release Agent
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polypropylene Waxes Market Size and Volume Forecast by Type
12.7.1. Normal PP Wax
12.7.2. Modified PP Wax
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 Polypropylene Waxes Demand Share, 2019-2026
13. Middle East & Africa Polypropylene 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 Polypropylene 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 Polypropylene Waxes Market Size and Volume Forecast by Application
13.4.1. Plastics & Polymer
13.4.2. Hot Melt Adhesive
13.4.3. Inks & Paints
13.4.4. Release Agent
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polypropylene Waxes Market Size and Volume Forecast by Type
13.7.1. Normal PP Wax
13.7.2. Modified PP Wax
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 Polypropylene Waxes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polypropylene Waxes Market: Market Share Analysis
14.2. Polypropylene Waxes Distributors and Customers
14.3. Polypropylene Waxes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clariant
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COSCHEM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lubrizol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Deurex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shamrock Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lion-chemtech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsui Chemicals
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. Nanjing Tianshi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chengdu Tongli
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
