Global Wood Wax Market - Forecasts from 2017 to 2022

  • ID: 4396315
  • Report
  • Region: Global
  • 72 pages
  • Knowledge Sourcing Intelligence LLP
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until Jan 15th 2019
1 of 4


  • Akzo Nobel
  • Berkshire Hathaway Inc.
  • DowDuPont
  • Minwax Company
  • MORE
The global wood wax market is projected to grow at a CAGR of 6.23%, from a market size of US$ 799 million in 2017 to reach US$ 1,081 million in 2022. Wood wax is used to provide better finishing to wood structures. Wood wax creates a perfect finish, wonderful luster and enduring patina. It provides various advantages like complete resistance to water, acids, and alkali. They are simple and quick to apply on or rub off and prevent the wood from oxidizing. Wood waxes are formed in a variety of colors and are sold as liquid, solid stick forms and as pastes. Some waxes are mild whereas some are hard. Soft waxes tend to provide less protection against scratches and abrasion than hard waxes.

Market Outlook

Factors like growing purchasing power coupled with increasing middle-class income, especially in emerging countries, contribute to the wood wax market growth. Moreover, increasing construction and manufacturing activities owing to rapid industrialization and urbanization further augments the market growth. In addition, growing demand for eco-friendly products owing to rising concern and awareness among people coupled with government environment-friendly regulation do propel the wood wax market growth. The untapped market in developing countries is expected to provide numerous opportunities in years ahead. However, factors like low awareness about wood wax in underdeveloped countries and shrinking paraffin wood wax supply may restrain the market growth.

Geographic Outlook

Geographically, Asia Pacific region is expected to contribute considerably to the global growth of wood wax on account of rapid industrialization and increasing construction activities. Moreover, growing government regulations in the favor of using wood wax in order to have a clean environment will also drive the regional market growth significantly.

Research Methodology

Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.

Market Dynamics

Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Wood Wax. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.


Thirdly, Wood Wax Market has been segmented on the basis of type, application, and geography as follows:

By Type
  • Bees wood wax
  • Carnauba wood wax
  • Paraffin wood wax
By Application
  • Wood Coating
  • Medium Density Fiberboard
  • Particleboard
  • Others
By Geography
  • Americas
  • North America
  • South America
  • Europe Middle East and Africa
  • Europe
  • Middle East and Africa
  • Asia Pacific
Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Minwax Company, Akzo Nobel, DowDuPont, Berkshire Hathaway Inc., Armstrong World Industries Inc.
Note: Product cover images may vary from those shown
2 of 4


  • Akzo Nobel
  • Berkshire Hathaway Inc.
  • DowDuPont
  • Minwax Company
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1. Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis

5. Global Wood Wax Market Forecast by Type (US$ billion)
5.1. Bees wood wax
5.2. Carnauba wood wax
5.3. Paraffin wood wax

6. Global Wood Wax Market Forecast by Application (US$ billion)
6.1. Wood Coating
6.2. Medium Density Fiberboard
6.3. Particleboard
6.4. Others

7. Global Wood Wax Market Forecast by Geography (US$ billion)
7.1. Americas
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.2. Middle East and Africa
7.3. Asia Pacific

8. Competitive Intelligence
8.1. Market Share of Key Players
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players

9. Company Profiles
9.1. Minwax Company
9.2. Akzo Nobel
9.3. DowDuPont
9.4. Berkshire Hathaway Inc.
9.5. Armstrong World Industries Inc.
Note: Product cover images may vary from those shown
3 of 4


4 of 4
  • Minwax Company
  • Akzo Nobel
  • DowDuPont
  • Berkshire Hathaway Inc.
  • Armstrong World Industries Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown