Global Wax Emulsion Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

The Global Wax Emulsion Market is estimated to be USD 1.98 Bn in 2023 and is expected to reach USD 2.44 Bn by 2028 growing at a CAGR of 4.26%.

Market Dynamics

The wax emulsion nature of chemical stability, water resistance, abrasion resistance, rub resistance, scratch resistance, anti-blocking, corrosion protecting, eco-friendly, etc. has widened its application in the market, globally. Wax emulsion is gaining demand in various industries such as leather, textile, paper, paints and coating, adhesive & sealants, cosmetics, etc. In addition, no substitute availability is fuelling the market demand. The companies are investing to incorporate wax emulsion in other sectors to increase the application in the market. However, the limited knowledge of chemistry about wax emulsion is anticipated to hamper the market growth.

The rising industrialization in developing countries is anticipated to offer remunerative growth opportunities for the player operating in the market.

Market Segmentation

• The Global Wax Emulsion Market is segmented further based on Material Base, Application, and Geography.
• By Material Base, the market is classified into natural and synthetic. Amongst all, the synthetic segment is estimated to hold the highest market share during the forecast period.
• By application, the market is classified as paints & coatings, adhesives & sealants, cosmetics, textiles, and others. Amongst all, the paints & coatings segment is estimated to hold the highest market share during the forecast period.
• By Geography, North America is projected to lead the market.

Recent Developments

1. Styleze CSP polymer (cassia hydroxypropyltrimonium chloride) nature-derived styling polymer that delivers stronghold, humidity resistance, and high stiffness for hair styling. - 10th December 2020.
2. Azelis Americas partners BASF for distribution of Lupragen portfolio of polyurethane catalysts in North America. - 27th April 2021.

Company Profiles

Some of the companies covered in this report Hexion Inc., DuPont de Nemours, Inc.. Sasol Limited, BASF SE, Nippon Seiro Co., Ltd, Altana AG, Exxon Mobil Corporation, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Wax Emulsion Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market