Global Wax Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 224
- CATEGORY
- Energy & Power
The Wax market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Wax market. On the basis of historic growth analysis and current scenario of Wax market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Wax market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Wax market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Wax market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Wax Market: Major Players
Hexion Specialty Chemicals
Micro Powders
BASF
Marcus Oil & Chemical
Koster Keunen
Lubrizol
CITGO Petroleum
Blended Waxes
Chemtura
Clariant
PetroFerm
Sinopec
Exxon Mobil
Global Wax Market: By Types
Paraffin Waxes
Microcrystalline Waxes
Gas-to-liquids (GTL) Waxes
Polymer Waxes
Fischer-Tropsch Waxes
Vegetable Waxes
Animal & Insect Waxes
Global Wax Market: By Applications
Candles
Rheology/Surface Applications
Polish
Cosmetics
Rubber
Soap Wax
Hot-melt adhesive
Global Wax Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wax market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Wax Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Wax market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Wax market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Wax Market: Major Players
Hexion Specialty Chemicals
Micro Powders
BASF
Marcus Oil & Chemical
Koster Keunen
Lubrizol
CITGO Petroleum
Blended Waxes
Chemtura
Clariant
PetroFerm
Sinopec
Exxon Mobil
Global Wax Market: By Types
Paraffin Waxes
Microcrystalline Waxes
Gas-to-liquids (GTL) Waxes
Polymer Waxes
Fischer-Tropsch Waxes
Vegetable Waxes
Animal & Insect Waxes
Global Wax Market: By Applications
Candles
Rheology/Surface Applications
Polish
Cosmetics
Rubber
Soap Wax
Hot-melt adhesive
Global Wax Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wax market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Wax Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Wax Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Wax
1.3 Wax Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Wax Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Wax
1.4.2 Applications of Wax
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Wax Industry Trends
1.5.2 Wax Drivers
1.5.3 Wax Market Challenges
1.5.4 Wax Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Wax Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Wax Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Wax Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Wax
2.2.1 Major Players Manufacturing Base of Wax in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Wax Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Wax
2.3.3 Labor Cost of Wax
2.4 Market Channel Analysis of Wax
2.5 Major Down Stream Customers by Application
3 Global Wax Market, by Type
3.1 Global Wax Revenue and Market Share by Type (2016-2021)
3.2 Global Wax Production and Market Share by Type (2016-2021)
3.3 Global Wax Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Wax Revenue and Growth Rate of Paraffin Waxes
3.3.2 Global Wax Revenue and Growth Rate of Microcrystalline Waxes
3.3.3 Global Wax Revenue and Growth Rate of Gas-to-liquids (GTL) Waxes
3.3.4 Global Wax Revenue and Growth Rate of Polymer Waxes
3.3.5 Global Wax Revenue and Growth Rate of Fischer-Tropsch Waxes
3.3.6 Global Wax Revenue and Growth Rate of Vegetable Waxes
3.3.7 Global Wax Revenue and Growth Rate of Animal & Insect Waxes
3.4 Global Wax Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Wax Market, by Application
4.1 Downstream Market Overview
4.2 Global Wax Consumption and Market Share by Application (2016-2021)
4.3 Global Wax Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Wax Consumption and Growth Rate of Candles (2016-2021)
4.3.2 Global Wax Consumption and Growth Rate of Rheology/Surface Applications (2016-2021)
4.3.3 Global Wax Consumption and Growth Rate of Polish (2016-2021)
4.3.4 Global Wax Consumption and Growth Rate of Cosmetics (2016-2021)
4.3.5 Global Wax Consumption and Growth Rate of Rubber (2016-2021)
4.3.6 Global Wax Consumption and Growth Rate of Soap Wax (2016-2021)
4.3.7 Global Wax Consumption and Growth Rate of Hot-melt adhesive (2016-2021)
5 Global Wax Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Wax Revenue and Market Share by Region (2016-2021)
5.2 Global Wax Consumption and Market Share by Region (2016-2021)
5.3 Global Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Wax Market Under COVID-19
5.4.2 North America Wax SWOT Analysis
5.5 Europe Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Wax Market Under COVID-19
5.5.2 Europe Wax SWOT Analysis
5.6 China Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Wax Market Under COVID-19
5.6.2 China Wax SWOT Analysis
5.7 Japan Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Wax Market Under COVID-19
5.7.2 Japan Wax SWOT Analysis
5.8 Middle East and Africa Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Wax Market Under COVID-19
5.8.2 Middle East and Africa Wax SWOT Analysis
5.9 India Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Wax Market Under COVID-19
5.9.2 India Wax SWOT Analysis
5.10 South America Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Wax Market Under COVID-19
5.10.2 South America Wax SWOT Analysis
5.11 South Korea Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Wax Market Under COVID-19
5.11.2 South Korea Wax SWOT Analysis
5.12 Southeast Asia Wax Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Wax Market Under COVID-19
5.12.2 Southeast Asia Wax SWOT Analysis
6 Global Wax Production by Top Regions (2016-2021)
6.1 Global Wax Production by Top Regions (2016-2021)
6.2 North America Wax Production and Growth Rate
6.3 Europe Wax Production and Growth Rate
6.4 China Wax Production and Growth Rate
6.5 Japan Wax Production and Growth Rate
6.6 India Wax Production and Growth Rate
7 Global Wax Consumption by Regions (2016-2021)
7.1 Global Wax Consumption by Regions (2016-2021)
7.2 North America Wax Consumption and Growth Rate
7.3 Europe Wax Consumption and Growth Rate
7.4 China Wax Consumption and Growth Rate
7.5 Japan Wax Consumption and Growth Rate
7.6 Middle East & Africa Wax Consumption and Growth Rate
7.7 India Wax Consumption and Growth Rate
7.8 South America Wax Consumption and Growth Rate
7.9 South Korea Wax Consumption and Growth Rate
7.10 Southeast Asia Wax Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Hexion Specialty Chemicals Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Wax Product Profiles, Application and Specification
8.2.3 Hexion Specialty Chemicals Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Micro Powders Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Wax Product Profiles, Application and Specification
8.3.3 Micro Powders Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 BASF Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Wax Product Profiles, Application and Specification
8.4.3 BASF Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Marcus Oil & Chemical Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Wax Product Profiles, Application and Specification
8.5.3 Marcus Oil & Chemical Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Koster Keunen Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Wax Product Profiles, Application and Specification
8.6.3 Koster Keunen Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Lubrizol Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Wax Product Profiles, Application and Specification
8.7.3 Lubrizol Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 CITGO Petroleum Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Wax Product Profiles, Application and Specification
8.8.3 CITGO Petroleum Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Blended Waxes Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Wax Product Profiles, Application and Specification
8.9.3 Blended Waxes Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Chemtura Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Wax Product Profiles, Application and Specification
8.10.3 Chemtura Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Clariant Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Wax Product Profiles, Application and Specification
8.11.3 Clariant Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 PetroFerm Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Wax Product Profiles, Application and Specification
8.12.3 PetroFerm Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Sinopec Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Wax Product Profiles, Application and Specification
8.13.3 Sinopec Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Exxon Mobil Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Wax Product Profiles, Application and Specification
8.14.3 Exxon Mobil Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Wax Market Analysis and Forecast by Type and Application
9.1 Global Wax Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Paraffin Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.2 Microcrystalline Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.3 Gas-to-liquids (GTL) Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.4 Polymer Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.5 Fischer-Tropsch Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.6 Vegetable Waxes Market Revenue and Volume Forecast (2021-2026)
9.1.7 Animal & Insect Waxes Market Revenue and Volume Forecast (2021-2026)
9.2 Global Wax Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Candles Market Revenue and Volume Forecast (2021-2026)
9.2.2 Rheology/Surface Applications Market Revenue and Volume Forecast (2021-2026)
9.2.3 Polish Market Revenue and Volume Forecast (2021-2026)
9.2.4 Cosmetics Market Revenue and Volume Forecast (2021-2026)
9.2.5 Rubber Market Revenue and Volume Forecast (2021-2026)
9.2.6 Soap Wax Market Revenue and Volume Forecast (2021-2026)
9.2.7 Hot-melt adhesive Market Revenue and Volume Forecast (2021-2026)
10 Wax Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Wax Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
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An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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