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Polyethylene Wax Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71299
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The polyethylene wax market share is expected to increase by USD 177.40 million from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 2.97%.

This polyethylene wax market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (masterbatches, plastics, printing inks, adhesives, and others) and geography (APAC, North America, Europe, MEA, and South America). The polyethylene wax market report also offers information on several market vendors, including BASF SE, Clariant International Ltd., COSCHEM CO. LTD., Cosmic Petrochem Pvt. Ltd., Honeywell International Inc., Innospec Inc., Marcus Oil, Mitsui Chemicals Inc., The Lubrizol Corp., and Trecora Resources among others.

What will the Polyethylene Wax Market Size be in 2021?

Download the Free Report Sample to Unlock the Polyethylene Wax Market Size for 2021 and Other Important Statistics

 

Polyethylene Wax Market: Key Drivers and Trends

The increased demand for polyethylene wax to process polyvinyl chloride is notably driving the polyethylene wax market growth, although factors such as the availability of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polyethylene wax industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth is the increased demand for polyethylene wax to process polyvinyl chloride.
  • Polyethylene wax is widely used as a lubricant in the polyvinyl chloride processing industry.
  • Polyethylene wax prevents PVC from sticking to the hot surfaces of certain machinery and equipment while processing. and also helps in enhancing the material properties of PVC pipes, containers, and other substances.
  • The market is expected to witness a high growth rate, owing to the advanced benefits and improved properties of polyethylene wax in the plastic industry.
  • The increased demand from the printing ink industry is another major factor supporting the polyvinyl chloride processing industry share growth.
  • Polyethylene wax can be incorporated into liquid inks easily by dissolving in solvents at moderate temperatures or by cold milling.
  • Polyethylene wax is used as an excellent additive in the printing ink application and is also used to print the outer surfaces of packaging materials, articles of daily use, textiles, and screen printing applications.
  • Different grades of polyethylene wax are available in the market, which offers excellent properties such as rub resistance, scratch resistance, and better gloss.

This polyethylene wax market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Polyethylene Wax Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BASF SE
  • Clariant International Ltd.
  • COSCHEM CO. LTD.
  • Cosmic Petrochem Pvt. Ltd.
  • Honeywell International Inc.
  • Innospec Inc.
  • Marcus Oil
  • Mitsui Chemicals Inc.
  • The Lubrizol Corp.
  • Trecora Resources

 

This statistical study of the polyethylene wax market encompasses successful business strategies deployed by the key vendors. The polyethylene wax market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The polyethylene wax market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Polyethylene Wax Market?

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46% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for polyethylene wax in APAC. Market growth in this region will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Polyethylene Wax Market?

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The polyethylene wax market share growth by the masterbatches segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the polyethylene wax market size and actionable market insights on post COVID-19 impact on each segment.

 

Polyethylene Wax Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.97%

Market growth 2021-2025

$ 177.40 million

Market structure

Fragmented

YoY growth (%)

2.33

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 46%

Key consumer countries

US, China, India, Canada, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

BASF SE, Clariant International Ltd., COSCHEM CO. LTD., Cosmic Petrochem Pvt. Ltd., Honeywell International Inc., Innospec Inc., Marcus Oil, Mitsui Chemicals Inc., The Lubrizol Corp., and Trecora Resources

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Polyethylene Wax Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive polyethylene wax market growth during the next five years
  • Precise estimation of the polyethylene wax market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the polyethylene wax industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of polyethylene wax market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Masterbatches - Market size and forecast 2020-2025
    • Plastics - Market size and forecast 2020-2025
    • Printing inks - Market size and forecast 2020-2025
    • Adhesives - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • BASF SE
    • Clariant International Ltd.
    • COSCHEM CO. LTD.
    • Cosmic Petrochem Pvt. Ltd.
    • Honeywell International Inc.
    • Innospec Inc.
    • Marcus Oil
    • Mitsui Chemicals Inc.
    • The Lubrizol Corp.
    • Trecora Resources

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The polyethylene wax market growth will increase by $177.4 million during 2020-2025.
    The polyethylene wax market is expected to grow at a CAGR of 2.97% during 2020-2025.
    Technavio has segmented the polyethylene wax market by application (Masterbatches, Plastics, Printing inks, Adhesives, Others, Masterbatches, Plastics, Printing inks, Adhesives, and Others) and geographic (APAC, North America, Europe, MEA, and South America).
    BASF SE, Clariant International Ltd., COSCHEM CO. LTD., Cosmic Petrochem Pvt. Ltd., Honeywell International Inc., Innospec Inc., Marcus Oil, Mitsui Chemicals Inc., The Lubrizol Corp., Trecora Resources are a few of the key vendors in the polyethylene wax market.
    APAC will register the highest growth rate of 45.73% among the other regions. Therefore, the polyethylene wax market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the polyethylene wax market growth are:
    • Increased demand for polyethylene wax to process polyvinyl chloride
    The polyethylene wax market vendors should focus on grabbing business opportunities from the masterbatches segment as it accounted for the largest market share in the base year.
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