Waxes are organic ingredients that are solid at normal room temperature but become free flowing fluids at high temperatures. The major commercial source of wax is crude oil. However, waxes are also produced from plants, lignite, animals, and insects. Paraffin/mineral wax, synthetic wax, and natural wax are the three types of waxes available in the market. These waxes differ in their chemical composition; however, the presence of normal alkanes is always high as compared to other ingredients.
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The growth of the global wax market is majorly driven by increase in requirement of waxes in the packaging industry, as waxes offers exceptional resistance to water. Moreover, upsurge in demand for waxes from applications such as tire & rubber, coating, and floor polishes boosts the market growth. The use of waxes as a base ingredient in cosmetics products further supports the growth of the market. However, the market growth is restricted due to high prices of synthetic and natural waxes. Moreover, the shortage in supply of paraffin/mineral wax hampers the market growth. Conversely, rise in awareness towards wax-based natural cosmetics provides lucrative opportunity for the manufacturers.
The report segments the global wax market based on type, application, and geography. Depending on type, the market is fragmented into paraffin/mineral, synthetic, and natural wax. The applications covered in the study include candles, packaging, emulsions, hot melts, floor polishes, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in this study are as follows:
-Dow Corning
-Akzo Nobel N.V.
-Evonik Industries
-Arch Chemicals
-BASF SE
-Hexion Inc.
-Honeywell International
-Lubrizol Corporation
-The Clorox Company
-Momentive Performance Materials
KEY BENEFITS FOR STAKEHOLDERS
-The report provides an in-depth analysis of the current trends, drivers, and dynamics of the wax market to elucidate the prevailing opportunities.
-It offers qualitative trends and quantitative analyses from 2016 to 2023 to assist stakeholders to understand the market scenario.
-In-depth analysis of the various wax types and applications has been provided.
-Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Type
-Paraffin/Mineral Wax
-Synthetic Wax
-Natural Wax
By Application
-Candles
-Packaging
-Emulsions
-Hot Melts
-Floor Polishes
-Others
By Geography
-North America
-U.S.
-Canada
-Mexico
-Europe
-Germany
-UK
-Netherlands
-France
-Rest of Europe
-Asia-Pacific
-China
-Japan
-India
-Rest of Asia-Pacific
-LAMEA
-Brazil
-Argentina
-Africa
-Rest of LAMEA
KEY PLAYERS
-Sason
-ExxonMobil
-Sinopec
-PetroChina Company Limited
-The International Group
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Table of Content
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets, by geography
3.2.2. Top winning strategy
3.2.2.1. Top Winning Strategies, By Year, 2014-2018*
3.2.2.2. Top Winning Strategies, By Development, 2014-2018* (%)
3.2.2.3. Top Winning Strategies, By Company, 2014-2018* (%)
3.2.2.4. Top Winning Strategies, By Company, 2014-2017*
3.3. Market share analysis, 2016
3.4. Porters five forces analysis
3.4.1. Bargaining power of suppliers
3.4.2. Bargaining power of buyers
3.4.3. Threat of new entrants
3.4.4. Threat of substitutes
3.4.5. Intensity of competitive rivalry
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Upsurge in demand for wax from the packaging industry
3.5.1.2. Increase in use of wax in the cosmetic industry
3.5.2. Restraint
3.5.2.1. High cost of synthetic and natural wax
3.5.3. Opportunity
3.5.3.1. Increase in awareness about wax-based natural cosmetic products
CHAPTER 4: GLOBAL WAX MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. PARAFFIN/MINERAL WAX
4.2.1. Market Size and forecast, by geography
4.2.2. Market Size and forecast, by country
4.3. SYNTHETIC WAX
4.3.1. Market Size and forecast, by geography
4.3.2. Market Size and forecast, by country
4.4. NATURAL WAX
4.4.1. Market size and forecast, by geography
4.4.2. Market size and forecast, by country
CHAPTER 5: GLOBAL WAX MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. CANDLES
5.2.1. Market Size and forecast, by geography
5.2.2. Market Size and forecast, by country
5.3. PACKAGING
5.3.1. Market Size and forecast, by geography
5.3.2. Market Size and forecast, by country
5.4. EMULSIONS
5.4.1. Market Size and forecast, by geography
5.4.2. Market Size and forecast, by country
5.5. HOT MELTS
5.5.1. Market Size and forecast, by geography
5.5.2. Market Size and forecast, by country
5.6. FLOOR POLISHES
5.6.1. Market Size and forecast, by geography
5.6.2. Market Size and forecast, by country
5.7. OTHERS
5.7.1. Market Size and forecast, by geography
5.7.2. Market Size and forecast, by country
CHAPTER 6: WAX MARKET, BY GEOGRAPHY
6.1. Overview
6.1.1. Market size and forecast
6.2. NORTH AMERICA
6.2.1. Market size and forecast, by type
6.2.2. Market size and forecast, by application
6.2.3. Market size and forecast, by country
6.2.4. U.S.
6.2.4.1. Market size and forecast, by type
6.2.4.2. Market size and forecast, by application
6.2.5. Canada
6.2.5.1. Market size and forecast, by type
6.2.5.2. Market size and forecast, by application
6.2.6. Mexico
6.2.6.1. Market size and forecast, by type
6.2.6.2. Market size and forecast, by application
6.3. EUROPE
6.3.1. Market size and forecast, by type
6.3.2. Market size and forecast, by application
6.3.3. Market size and forecast, by country
6.3.4. Germany
6.3.4.1. Market size and forecast, by type
6.3.4.2. Market size and forecast, by application
6.3.5. UK
6.3.5.1. Market size and forecast, by type
6.3.5.2. Market size and forecast, by application
6.3.6. The Netherlands
6.3.6.1. Market size and forecast, by type
6.3.6.2. Market size and forecast, by application
6.3.7. France
6.3.7.1. Market size and forecast, by type
6.3.7.2. Market size and forecast, by application
6.3.8. Rest of Europe
6.3.8.1. Market size and forecast, by type
6.3.8.2. Market size and forecast, by application
6.4. ASIA-PACIFIC
6.4.1. Market size and forecast, by type
6.4.2. Market size and forecast, by application
6.4.3. Market size and forecast, by country
6.4.4. China
6.4.4.1. Market size and forecast, by type
6.4.4.2. Market size and forecast, by application
6.4.5. Japan
6.4.5.1. Market size and forecast, by type
6.4.5.2. Market size and forecast, by application
6.4.6. India
6.4.6.1. Market size and forecast, by type
6.4.6.2. Market size and forecast, by application
6.4.7. Rest of Asia-Pacific
6.4.7.1. Market size and forecast, by type
6.4.7.2. Market size and forecast, by application
6.5. LAMEA
6.5.1. Market size and forecast, by type
6.5.2. Market size and forecast, by application
6.5.3. Market size and forecast, by country
6.5.4. Brazil
6.5.4.1. Market size and forecast, by type
6.5.4.2. Market size and forecast, by application
6.5.5. Argentina
6.5.5.1. Market size and forecast, by type
6.5.5.2. Market size and forecast, by application
6.5.6. Africa
6.5.6.1. Market size and forecast, by type
6.5.6.2. Market size and forecast, by application
6.5.7. Rest of LAMEA
6.5.7.1. Market size and forecast, by type
6.5.7.2. Market size and forecast, by application
CHAPTER 7: COMPANY PROFILES
7.1. AkzoNobel N.V.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.2. BASF SE
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments
7.3. Berkshire Hathaway Inc. (The Lubrizol Corporation)
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments
7.4. Evonik Industries AG
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.5. Hexion Inc.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments
7.6. Honeywell International Inc.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.7. Lonza Group Ltd.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.8. MPM Holdings Inc. (Momentive Performance Materials Inc.)
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.9. The Dow Chemical Company (Dow Corning Corporation)
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.10. The Clorox Company
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves and developments
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