Market Overview:
The global special wax market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for specialty waxes from various end-use industries, such as cosmetics, packaging, and consumer goods. In addition, the growing awareness about the benefits of using specialty waxes is also contributing to the growth of this market. Based on type, the global special wax market can be segmented into beauty wax, sealing wax, high transparency jelly wax, and others. The beauty Wax segment is expected to account for a major share of this market in terms of revenue during the forecast period. This segment is projected to grow at a CAGR of 6% during 2018-2030 owing to its increasing use in personal care products such as lipsticks and eye shadows. Sealing Wax accounted for second largest share by value in 2017 due its extensive use across various applications including gift wrapping & decoration purpose , official documents etc .High Transparency Jelly Wax are transparent liquid hydrocarbons which are used where optical clarity or electrical insulation properties are important .Others include microcrystalline paraffin oil (MCPO), Fischer Tropsch Paraffins (FTPs) etc these product finds application where thermal stability or low volatility required . Based on application ,the global Special Wax Market can be divided into three segments: cosmetics industry; packaging industry;.
Product Definition:
The definition of special wax is a type of wax that is used for specific purposes, such as making candles or polishing shoes. Special waxes can be made from a variety of materials, including beeswax, paraffin wax, and soy wax.
Beauty Wax:
Beauty wax is a natural wax extracted from soybean. It has high demand in the cosmetics and personal care industry due to its ability to provide moisture, shine, and softness to the skin. Growing demand for organic products coupled with rising awareness regarding environment friendly products is expected to drive market growth over the forecast period.
Sealing Wax:
Sealing wax is a type of synthetic wax that is manufactured to have high melting point. It has several properties such as it can withstand higher temperatures, it does not melt when heated and remains solid at normal room temperature. Sealing wax also acts as an excellent protective coating for the surface from water, oil & grease and other chemicals. The product finds its major application in packaging industry where they are used for laminating cartons, boxes and containers among others.
Application Insights:
Special waxes are used in several application industries including Consumables, Cosmetics, Packaging and Others. Special waxes are widely used in cosmetics as they offer various benefits such as longer shelf life compared to the conventional raw materials. The packaging segment is expected to be one of the key consumers owing to its requirement for long-term storage of products with minimal damage from oxygen and light.
The consumables segment was valued at USD 281.5 million in 2017 on account of high demand from personal care product manufacturers for use in manufacturing their products smooth surface coating.
Regional Analysis:
North America was the largest market for special wax in 2016, accounting for more than 35.0% of the global revenue that year. The region is expected to maintain its dominance over the forecast period as well, owing to high demand from several key application industries such as cosmetics and packaging.
The U.S., being one of the most developed countries in North America with a strong presence of cosmetic manufacturers and suppliers, has a significant impact on regional growth through trade channels. Companies such as L'Or©al Group; Maybelline New York Inc.; Unilever; Procter & Gamble Co.; Johnson & Johnson Ltd.; Est©e Lauder Cos Inc.; Coty Inc., etc invest heavily in research and development activities to introduce advanced products into their respective product portfolios catering to various consumer needs across all age groups thus driving industry growth over time.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers in developing countries
- Growing popularity of eco-friendly products
- Proliferation of online retail platforms
- Technological advancements in the automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Wax Market Research Report
By Type
Beauty Wax, Sealing Wax, High Transparency Jelly Wax, Others
By Application
Consummer Goods, Cosmetics, Packaging, Others
By Companies
Paramelt, Hansen, Ter Hell Paraffin, Nippon Seiro, Shumamm, Honeywell, IGI Wax, Strahl, Darent Wax Company, Cal Wax, Hase Petroleum Wax Company, SINOPEC Nanyang Energy Chemical, CNPC Fushun Petrochemical, Shanghai Jiaoer Wax
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Special Wax Market Report Segments:
The global Special Wax market is segmented on the basis of:
Types
Beauty Wax, Sealing Wax, High Transparency Jelly Wax, 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
Consummer Goods, Cosmetics, Packaging, 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:
- Paramelt
- Hansen
- Ter Hell Paraffin
- Nippon Seiro
- Shumamm
- Honeywell
- IGI Wax
- Strahl
- Darent Wax Company
- Cal Wax
- Hase Petroleum Wax Company
- SINOPEC Nanyang Energy Chemical
- CNPC Fushun Petrochemical
- Shanghai Jiaoer Wax
Highlights of The Special 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:
- Beauty Wax
- Sealing Wax
- High Transparency Jelly Wax
- Others
- By Application:
- Consummer Goods
- Cosmetics
- Packaging
- 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 Special 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
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- 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?
Special wax is a type of wax that is specifically designed to be used in candles. It has a higher melting point than regular wax, which makes it easier to pour and create a consistent candle shape.
Some of the major players in the special wax market are Paramelt, Hansen, Ter Hell Paraffin, Nippon Seiro, Shumamm, Honeywell, IGI Wax, Strahl, Darent Wax Company, Cal Wax, Hase Petroleum Wax Company, SINOPEC Nanyang Energy Chemical, CNPC Fushun Petrochemical, Shanghai Jiaoer Wax.
The special 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. Special 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. Special Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Special Wax Market - Supply Chain
4.5. Global Special Wax Market Forecast
4.5.1. Special Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Special Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Special Wax Market Absolute $ Opportunity
5. Global Special 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. Special Wax Market Size and Volume Forecast by Type
5.3.1. Beauty Wax
5.3.2. Sealing Wax
5.3.3. High Transparency Jelly Wax
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Special 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. Special Wax Market Size and Volume Forecast by Application
6.3.1. Consummer Goods
6.3.2. Cosmetics
6.3.3. Packaging
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Special 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. Special 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 Special 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. Special 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 Special Wax Demand Share Forecast, 2019-2026
9. North America Special 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 Special 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 Special Wax Market Size and Volume Forecast by Application
9.4.1. Consummer Goods
9.4.2. Cosmetics
9.4.3. Packaging
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 Special Wax Market Size and Volume Forecast by Type
9.7.1. Beauty Wax
9.7.2. Sealing Wax
9.7.3. High Transparency Jelly Wax
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 Special Wax Demand Share Forecast, 2019-2026
10. Latin America Special 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 Special 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 Special Wax Market Size and Volume Forecast by Application
10.4.1. Consummer Goods
10.4.2. Cosmetics
10.4.3. Packaging
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 Special Wax Market Size and Volume Forecast by Type
10.7.1. Beauty Wax
10.7.2. Sealing Wax
10.7.3. High Transparency Jelly Wax
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 Special Wax Demand Share Forecast, 2019-2026
11. Europe Special 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 Special 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 Special Wax Market Size and Volume Forecast by Application
11.4.1. Consummer Goods
11.4.2. Cosmetics
11.4.3. Packaging
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 Special Wax Market Size and Volume Forecast by Type
11.7.1. Beauty Wax
11.7.2. Sealing Wax
11.7.3. High Transparency Jelly Wax
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 Special Wax Demand Share, 2019-2026
12. Asia Pacific Special 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 Special 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 Special Wax Market Size and Volume Forecast by Application
12.4.1. Consummer Goods
12.4.2. Cosmetics
12.4.3. Packaging
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 Special Wax Market Size and Volume Forecast by Type
12.7.1. Beauty Wax
12.7.2. Sealing Wax
12.7.3. High Transparency Jelly Wax
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 Special Wax Demand Share, 2019-2026
13. Middle East & Africa Special 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 Special 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 Special Wax Market Size and Volume Forecast by Application
13.4.1. Consummer Goods
13.4.2. Cosmetics
13.4.3. Packaging
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 Special Wax Market Size and Volume Forecast by Type
13.7.1. Beauty Wax
13.7.2. Sealing Wax
13.7.3. High Transparency Jelly Wax
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 Special Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Special Wax Market: Market Share Analysis
14.2. Special Wax Distributors and Customers
14.3. Special Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Paramelt
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hansen
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ter Hell Paraffin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nippon Seiro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shumamm
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Honeywell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IGI 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. Strahl
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Darent Wax Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cal Wax
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hase Petroleum Wax Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SINOPEC Nanyang Energy Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CNPC Fushun Petrochemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Jiaoer 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. 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
