Market Overview:
The global PP-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 PP-WAX from various applications such as mould manufacturing, toner, polyester and others. In terms of type, refining segment is expected to hold a major share in the global PP-WAX market during the forecast period. However, semi-refined segment is projected to grow at a higher CAGR owing to its growing demand from end users across different regions.
Product Definition:
PP-WAX is a type of wax that is used in the production of polypropylene. It is important because it helps to improve the physical and chemical properties of the polymer, making it stronger and more resistant to degradation.
Refining:
Refining is a process of purifying, separating and concentrating the crude oil. In this process, various techniques are used to remove impurities such as sulfur and other harmful components from the crude oil. The end product in this process is called refined or purified petroleum products (PP-WAX). Refining includes processes like catalytic cracking, hydrocracking, alkylation/treatment/purification (HAP), thermal cracking etc.
Semi-Refined:
Semi-refined is a type of wax that has not been purified or processed to remove impurities. It contains vegetable oil and fatty acids, along with other ingredients such as pigments, fillers and preservatives. Semi-refined waxes are used in the production of paraffin waxes which are widely utilized for their soft texture & high melting point properties.
The major applications include packaging & labeling, adhesives & sealants.
Application Insights:
Mould manufacturing was the largest application segment in 2017 and accounted for over 40% of the total revenue share. PP-WAX is widely used in the production of plastic components and toys, especially PVC figures owing to its high flexibility. The product also finds applications as a raw material in various industries including food & beverage, textiles, packaging materials among others.
Toner is expected to be one of the fastest growing application segments during forecast years due to rising demand from China and India where it is used as an active material for making printing plates. In addition, increasing penetration of electronic devices has led toner manufacturers around the world to increase their reliance on foreign markets which will further boost market growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing foreign investments and rapid industrialization coupled with urbanization.
China emerged as a major consumer of plastic processing products due to high demand from end-use industries such as automotive & transportation equipment manufacturing industry. In addition, growing domestic consumption along with increased per capita disposable income will drive product demand in Asia Pacific over the forecast period.
Europe was another key regional market for plastic processing products that accounted for a share of 22% in terms of volume consumed globally in 2017 owing to rising product requirements from end-use industries including electrical & electronics manufacturing sector on account of technological advancements coupled with stringent environmental regulations by European Union (EU).
Growth Factors:
- Increasing demand from the cosmetics industry for hair and skin care products.
- Rising demand for candles and other household items that use PP-WAX as a base ingredient.
- Growing popularity of veganism and organic lifestyles, which has led to an increase in the use of plant-based waxes like PP-WAX.
- The increasing trend of using natural ingredients in personal care products instead of synthetic chemicals is also benefiting the PP-WAX market growth rate globally
Scope Of The Report
Report Attributes
Report Details
Report Title
PP-WAX Market Research Report
By Type
Refining, Semi-Refined, Other
By Application
Mould Manufacturing, Toner, Polyester, Other
By Companies
BASF, Honeywell, Lubrizol, Insein, Deurex, Clariant, Westlake 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global PP-WAX Market Report Segments:
The global PP-WAX market is segmented on the basis of:
Types
Refining, Semi-Refined, Other
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
Mould Manufacturing, Toner, Polyester, 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:
- BASF
- Honeywell
- Lubrizol
- Insein
- Deurex
- Clariant
- Westlake Chemical
Highlights of The PP-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:
- Refining
- Semi-Refined
- Other
- By Application:
- Mould Manufacturing
- Toner
- Polyester
- 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 PP-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?
Some of the major companies in the pp-wax market are BASF, Honeywell, Lubrizol, Insein, Deurex, Clariant, Westlake Chemical.
The pp-wax market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PP-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. PP-WAX Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PP-WAX Market - Supply Chain
4.5. Global PP-WAX Market Forecast
4.5.1. PP-WAX Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PP-WAX Market Size (000 Units) and Y-o-Y Growth
4.5.3. PP-WAX Market Absolute $ Opportunity
5. Global PP-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. PP-WAX Market Size and Volume Forecast by Type
5.3.1. Refining
5.3.2. Semi-Refined
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PP-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. PP-WAX Market Size and Volume Forecast by Application
6.3.1. Mould Manufacturing
6.3.2. Toner
6.3.3. Polyester
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PP-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. PP-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 PP-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. PP-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 PP-WAX Demand Share Forecast, 2019-2026
9. North America PP-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 PP-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 PP-WAX Market Size and Volume Forecast by Application
9.4.1. Mould Manufacturing
9.4.2. Toner
9.4.3. Polyester
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PP-WAX Market Size and Volume Forecast by Type
9.7.1. Refining
9.7.2. Semi-Refined
9.7.3. Other
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 PP-WAX Demand Share Forecast, 2019-2026
10. Latin America PP-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 PP-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 PP-WAX Market Size and Volume Forecast by Application
10.4.1. Mould Manufacturing
10.4.2. Toner
10.4.3. Polyester
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PP-WAX Market Size and Volume Forecast by Type
10.7.1. Refining
10.7.2. Semi-Refined
10.7.3. Other
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 PP-WAX Demand Share Forecast, 2019-2026
11. Europe PP-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 PP-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 PP-WAX Market Size and Volume Forecast by Application
11.4.1. Mould Manufacturing
11.4.2. Toner
11.4.3. Polyester
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PP-WAX Market Size and Volume Forecast by Type
11.7.1. Refining
11.7.2. Semi-Refined
11.7.3. Other
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 PP-WAX Demand Share, 2019-2026
12. Asia Pacific PP-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 PP-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 PP-WAX Market Size and Volume Forecast by Application
12.4.1. Mould Manufacturing
12.4.2. Toner
12.4.3. Polyester
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PP-WAX Market Size and Volume Forecast by Type
12.7.1. Refining
12.7.2. Semi-Refined
12.7.3. Other
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 PP-WAX Demand Share, 2019-2026
13. Middle East & Africa PP-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 PP-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 PP-WAX Market Size and Volume Forecast by Application
13.4.1. Mould Manufacturing
13.4.2. Toner
13.4.3. Polyester
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PP-WAX Market Size and Volume Forecast by Type
13.7.1. Refining
13.7.2. Semi-Refined
13.7.3. Other
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 PP-WAX Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PP-WAX Market: Market Share Analysis
14.2. PP-WAX Distributors and Customers
14.3. PP-WAX Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lubrizol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Insein
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. Clariant
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Westlake Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
