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Wax Market – Global Trend, Growth Forecast & Industry Outlook Analysis Report 2014-2021

The new research report on Wax Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecasts.
Anjali Agrawal | 29.12.2016
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The Wax Market Research Report provides Industry analysis and evaluation of the current & prospective Market Size, Share, Trend and Growth during the study period 2014-2021.

Wax is a type of organic compound that is malleable at room temperature. It melts above a temperature of 450 C turns into a low viscosity fluid. Wax offers resistance to air and water. So, it is used in various industries such as packaging, cosmetics, and adhesive. Waxes are used for production of impregnating paper, wax paper and coating paper. It is used to for resistance against staining and to moderate its surface properties.

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The Wax market is segmented by product as petroleum and mineral wax, synthetic wax and natural wax. The petroleum and mineral wax is further segmented into paraffin wax. Microcrystalline wax and others (including semi-crystalline wax, petroleum jelly, etc.). Paraffin wax has the greatest market share. The synthetic wax is further classified into gas-to-liquids (GTL) wax, polymer wax and others (including montan wax, etc.). Synthetic wax has similar properties of paraffin wax and can be used to replace them in many applications. The natural wax is further segmented into beeswax, vegetable wax and others (including animal wax, Japan wax, rice bran wax, etc.). The wax market is segmented by end user as candles, packaging, wood & fire-logs, rubber, adhesive, cosmetics and others (including crayons, laminates, inks, polishes, insulation, etc.). Candles are the largest end user segment. Packaging and cosmetics sector are expected to grow during the forecast period.

The key driver for Wax market is the growth of end-user industries like packaging and cosmetics. The gas-to-liquids technology is anticipated to offer new opportunities for market players during the forecast period. The physical properties of wax are projected to boost its demand in cosmetics and packaging industries during the forecast period. This will help to fuel the wax market during the forecast period. The key constraints of this market are closure of Group I base oil refineries and limited supply of wax.

Major player assessed in the report are :
- China National Petroleum Corporation (CNPC)
- The International Group, Inc. (IGI)
- Exxon Mobil Corporation
- Sasol Wax
- Sinopec Ltd.
- Royal Dutch Shell plc
- Lukoil
- Total Petrochemicals & Refining USA, Inc.
- More

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

View More About this Report : http://www.decisiondatabases.com/ip/1820-wax-market-report

SEGMENTATIONS IN REPORT :

1. Wax By Product :

- Petroleum And Mineral Wax
- Synthetic Wax
- Natural Wax
- Others

2. Wax By End-User :
- Candles
- Packaging
- Wood & Fire-Logs
- Rubber
- Adhesive
- Cosmetics
- Others

Other Related Reports :

Global Polyethylene (PE) Wax Market Research Report


Polyethylene (PE) wax is a low molecular weight ethylene polymer. It encompass properties such as high hardness, low viscosity, high melting & softening points, heat resistance, thermal stability. Polyethylene (PE) wax is utilized by various industries in powder, flakes, pallets and other forms.
View More : http://www.decisiondatabases.com/ip/256-polyethylene-pe-wax-market-report