Chemical and Materials Industrial Wax Market

The Industrial Wax Market size is projected to grow at a CAGR 3.78% rate during the forecast period. Industrial wax is an organic substance, used in candles, packaging, coatings & polishing, hot-melt adhesive, tire & rubber, cosmetics & personal care, and food applications. Hence, the growing demand from these applications will directly influence the growth of the industrial wax market.Based on application, Packaging segment expected to capture second-largest market share that uses industrial wax. The industrial waxes possess good lubricating and moisture barrier properties that make it suitable for the food packaging materials providing protection to dried foods against moisture or reduce the moisture loss of the packaged food.

Based on type, bio-based waxes segment expected to be the second-largest type of the industrial wax market. Bio-based waxes are renewable and environmentally-friendly. Hence, the rising environmental concerns and the low availability and cost of alternatives such as paraffin waxes together are expected to raise the demand for bio-based waxes globally. These waxes are used in several applications, such as cosmetics, pharmaceuticals, polishes, and cheese coatings and others.

The Asia Pacific region is estimated to remain at the top position in overall industrial wax market in 2018. Growing consumption of candles, packaging products and coatings China, India, Japan, among other countries in APAC region is one of the major drivers for the growth of the APAC industrial wax market.

Key players in the Industrial Wax Market Sinopec (China), Royal Dutch Shell (Netherlands), Petroleo Brasileiro (Brazil), Exxon Mobil (US), Sasol (South Africa), Oil Co. Lukoil PJSC (Russia), Numaligarh Refinery (India), HCl (China), The Blayson Group (UK), and International Group (Canada)

Key Questions Addressed by the Report

  • What are the global trends in demand for industrial wax? Will the market witness an increase or decline in demand in the near future?
  • What is the estimated demand for industrial wax from various applications, such as candles, packaging, coatings & polishing, hot-melt adhesive, tire & rubber, cosmetics & personal care, and food?
  • What were the revenue pockets for the industrial wax market in 2017?
  • What are the different regulations developed for the use of waxes obtained from mineral and renewable sources, globally?
  • Who are the key players in the industrial wax market, globally?

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Rising Demand From Applications Such as Candle, Tire & Rubber, and Coating & Polishes
  15. The Increasing Acceptance of Synthetic Waxes
  16. Technology Changes in the Wax Market
  17. Growing Population and Increasing Per Capita Income in Emerging Countries Such as India, China, and Other Asian Countries
  18. Challenges
  19. To Meet the Growing Demand for Paraffin Wax
  20. Declining Use of Fossil-Based Wax in the Packaging Industry in North America
  21. Shrinking Supply of Paraffin Wax
  22. Increasing Prices of Synthetic and Bio-Based Waxes
  23. Opportunities
  24. Growing Demand for Unconventional Waxes
  25. Growing North American Imports of Industrial Wax
  26. Executive Summary
  27. Industrial Wax Market, By Type
  28. Fossil Based Waxes
  29. Mineral waxes
  30. Petroleum waxes
  31. Synthetic Based Wax
  32. Poly-olefin waxes/alpha-olefin waxes
  33. Fischer-topsch waxes (GTL, CTL, BTL)
  34. Bio-Based Waxes
  35. Vegetable waxes (Candelilla Wax, Carnauba Wax)
  36. Animal waxes (Beeswax, Chinese Wax, Tallow, Lanolin)
  37. Industrial Wax Market, By Application
  38. Candles
  39. Packaging
  40. Coatings & Polishes
  41. Hot Melt Adhesives
  42. Tires & Rubber
  43. Cosmetics & Personal Care
  44. Food
  45. Others (Agriculture, Printing Inks, PVC, Chlorinated Paraffin and Investment Casting)
  46. Industrial Wax Market, By Region
  47. North America
  48. US
  49. Canada
  50. Mexico
  51. Europe
  52. Germany
  53. France
  54. Netherlands
  55. Russia
  56. UK
  57. Poland
  58. Rest of Europe
  59. Asia Pacific
  60. China
  61. India
  62. Japan
  63. South Korea
  64. Indonesia
  65. Thailand
  66. Vietnam
  67. Rest of APAC
  68. Middle East & Africa
  69. Saudi Arabia
  70. Egypt
  71. Rest of MEA
  72. South America
  73. Brazil
  74. Argentina
  75. Rest of South America
  76. Company Profiles
  77. Sinopec Ltd.
  78. Royal Dutch Shell PLC
  79. Petroleo Brasileiro S.A. (Petrobras)
  80. Exxon Mobil Corp
  81. Sasol Ltd.
  82. Oil Co. Lukoil PJSC
  83. Numaligarh Refinery Ltd
  84. HCI
  85. The Blayson Group Ltd
  86. International Group Inc.

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
  3. About
  4. Related Reports
  5. Glossary

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