The global textile wax market size reached US$ 844 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,122 Million by 2028, exhibiting a growth rate (CAGR) of 4.92% during 2023-2028. The expanding product applications across the textile industry, the rising demand for water-resistant fabrics, and significant advancements in wax formulations represent some of the key factors driving the market.
Textile wax, or paraffin wax, is commonly used in the textile industry to improve the performance of fabrics. It is obtained from petroleum and contains a combination of hydrocarbons that solidify at room temperature. Textile wax forms a barrier on the fabric's surface, offering water resistance to fabrics and making them suitable for outdoor clothing and equipment such as tents, awnings, and backpacks. In addition to this, it increases the durability and strength of fabrics made from cotton or natural fibers, reduces wear and tear, provides a glossy or shiny appearance, and enhances color. Apart from this, it also helps reduce friction between fabrics, making them easier to sew or process. As a result, it is widely used across the apparel industry for a variety of applications, including outdoor gear and everyday clothing.
Textile wax, or paraffin wax, is commonly used in the textile industry to improve the performance of fabrics. It is obtained from petroleum and contains a combination of hydrocarbons that solidify at room temperature. Textile wax forms a barrier on the fabric's surface, offering water resistance to fabrics and making them suitable for outdoor clothing and equipment such as tents, awnings, and backpacks. In addition to this, it increases the durability and strength of fabrics made from cotton or natural fibers, reduces wear and tear, provides a glossy or shiny appearance, and enhances color. Apart from this, it also helps reduce friction between fabrics, making them easier to sew or process. As a result, it is widely used across the apparel industry for a variety of applications, including outdoor gear and everyday clothing.
Textile Wax Market Trends:
The textile wax market is primarily driven by the widespread product adoption across the textile industry. The rising demand for water-resistant outdoor clothing and equipment that can withstand harsh weather conditions is propelling the use of hydrophobic treatments in the textile industry, further creating a favorable outlook for the market. Moreover, the increasing product utilization in producing high-quality fabrics with gloss and greater abrasion resistance is acting as another significant growth-inducing factor. Besides this, the escalating consumer awareness regarding environmental sustainability is fueling the demand for eco-friendly alternatives to traditional waterproofing materials, such as petroleum-based waxes, which, in turn, is contributing to the market growth. Concurrent with this, the largescale demand for workwear and uniforms that require durable and water-resistant fabrics to withstand the rigors of the workplace, along with the rising popularity of outdoor activities, such as hiking and camping, is aiding in market expansion. In addition to this, ongoing technological advancements in wax formulations that offer better performance and durability than traditional waxes are presenting remunerative growth opportunities for the market. Furthermore, the expanding product utilization in dyeing and finishing of fabrics and the surging demand for non-woven fabrics in a variety of applications, including hygiene, home products, and medical such as wound dressings, surgical gowns, curtains, and upholstery, are positively impacting the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global textile wax market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type and application.Type Insights:
- Yellow Wax
- Green Wax
- White Wax
- Blue Wax
Application Insights:
- Wool
- Cotton
- Viscose
- Others
Regional Insights:
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global textile wax market. Detailed profiles of all major companies have also been provided. Some of the companies covered include American Wax Inc., Ghazi Trading Company, MM International, Reed Wax, The Seydel Companies Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global textile wax market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global textile wax market?
- What is the impact of each driver, restraint, and opportunity on the global textile wax market?
- What are the key regional markets?
- Which countries represent the most attractive textile wax market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the textile wax market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the textile wax market?
- What is the competitive structure of the global textile wax market?
- Who are the key players/companies in the global textile wax market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Textile Wax Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 Drivers, Restraints, and Opportunities
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- American Wax Inc.
- Ghazi Trading Company
- MM International
- Reed Wax
- The Seydel Companies Inc
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 844 Million |
| Forecasted Market Value ( USD | $ 1122 Million |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
