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The wax market is forecasted to grow by USD 1,723.06 mn during 2022-2027, accelerating at a CAGR of 3.24% during the forecast period. The report on the wax market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for synthetic and bio-based waxes, growing cosmetic sector, and implementation of wax in food products and flexible food packaging.
The wax market is segmented as below:
By Application
- Candle
- Packaging
- Rubber
- Personal care
- Corrugated boards and others
By Type
- Mineral wax
- Synthetic
- Natural
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the wax market covers the following areas:
- Wax market sizing
- Wax market forecast
- Wax market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global wax market: BASF SE, Blended Waxes Inc., Calumet Specialty Products Partners LP, Clariant International Ltd., Compania Espanola de Petroleos SA, Eni SpA, Exxon Mobil Corp., Hansen and Rosenthal GmbH and Co. KG, Hexion Inc., HollyFrontier Corp., Honeywell International Inc., Kerax Ltd., Lodha Petro, Mitsui Chemicals Inc., NIPPON SEIRO CO. LTD., Sasol Ltd., Shell plc, Siwax Group, The International Group Inc., and The Lubrizol Corp..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is effective use of recycled plastics in wax production.'
According to the report, one of the major drivers for this market is the growing demand for synthetic and bio-based waxes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Blended Waxes Inc.
- Calumet Specialty Products Partners LP
- Clariant International Ltd.
- Compania Espanola de Petroleos SA
- Eni SpA
- Exxon Mobil Corp.
- Hansen and Rosenthal GmbH and Co. KG
- Hexion Inc.
- HollyFrontier Corp.
- Honeywell International Inc.
- Kerax Ltd.
- Lodha Petro
- Mitsui Chemicals Inc.
- NIPPON SEIRO CO. LTD.
- Sasol Ltd.
- Shell plc
- Siwax Group
- The International Group Inc.
- The Lubrizol Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | June 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 1.47 Billion |
| Forecasted Market Value ( USD | $ 1.72 Billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
