Polyethylene Wax Market – Industry Analysis and Forecast (2024-2030)

Polyethylene Wax Market is expected to grow at a CAGR of 9.42% during the forecast period and is expected to reach US$ 2.87 Bn by 2030. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Polyethylene wax NarketTo know about the Research Methodology :- Request Free Sample Report

Dynamics:

Polyethylene wax is manufactured by using ethylene. Polyethylene wax is widely used as a slip agent, mold release agent, dispersant, and resin modifier in the plastic industry. They also are used to enhance printing inks' characteristics such as glossiness and durability. Increasing demand from coatings and printing ink manufacturers is expected to drive the market over the forecast period.

Polyethylene Wax Market Segment Analysis:

The modification segment based on the process is expected to be one of the major contributors to the market growth of the market. Through the polymerization process, LDPE and HDPE waxes are obtained. These waxes are usually used as lubricant for PVC processing and as an additive in the water-based emulsion to improve rub, slip and scratch resistance. Polyethylene wax market based on type has been segmented into low-density polyethylene wax, high-density polyethylene wax, oxidized polyethylene wax, micronized polyethylene wax, and others. Oxidized polyethylene wax is expected to hold one of the largest market share for polyethylene wax during the forecast period. They are used as lubricants for PVC processing and dispersing agents for polar master batches. Polyethylene wax for ink & coating application is largely used by end-user and it is expected to grow at a high CAGR during the forecast period. The Polyethylene wax is used as an additive in the ink & coating industry to improve scratch resistance, glossiness, and durability.

Polyethylene Wax Market Regional Insights:

Geographically, Asia Pacific is expected to be one of the largest market for polyethylene wax during the forecast period. This is due to increasing demand in the emerging economies, such as China, India and other Southeast Asian countries are driving the market growth.

Polyethylene Wax Market, Key Highlights:

Polyethylene Wax Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the market Polyethylene Wax Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. The Polyethylene Wax Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Polyethylene Wax Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Market are also profiled.

Polyethylene Wax Market Report Scope: Inquire before buying

Global Polyethylene Wax Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 1.53 Bn.
Forecast Period 2024 to 2030 CAGR: 9.42% Market Size in 2030: US $ 2.87 Bn.
Segments Covered: by Process Polymerization Modification Thermal cracking Others
by Type Low Density Polyethylene Wax High Density Polyethylene Wax Oxidized Polyethylene Wax Micronized Polyethylene Wax Others
by Application Plastic Processing Hot-melt Adhesive Ink & Coating Others

Polyethylene Wax Market, by Region:

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Polyethylene Wax Market, Key Players 

The Polyethylene Wax Industry is experiencing significant growth thanks to its diverse applications in industries such as plastics, adhesives, and inks. This demand surge for high-performance additives, particularly as lubricants and dispersing agents in plastic processing, is propelling industry expansion. The rise in usage for hot melt adhesives and coatings enhances its potential. Top Manufacturers in Polyethylene Wax Industry such as BASF, Honeywell, Clariant, and Chevron Phillips Chemical dominate the landscape through robust investments in R&D, production, and industry. BASF, is a leader in the industry, generating approximately $350 million in PE wax revenue in 2023. Clariant, with a focus on sustainability and innovation, reported about $300 million in revenue for its PE wax products in the same year. As the industry evolves, established players leverage their global manufacturing capabilities and diverse portfolios, while followers like Westlake Chemical target niche applications. 1. BASF (Germany) 2. Clariant International (Switzerland) 3. Trecora Resources (US) 4. Mitsui Chemicals (Japan) 5. Honeywell International (US) 6. SCG Group (Thailanad) 7. Innospec (US) 8. The Lubrizol Corporation (US) 9. Euroceras (Poland) 10.Westlake Chemical Corporation (US) 11.Marcus Oil and Chemical 12.Baker Hughes; 13.Hase Petroleum Wax Co. 14.Zell Chemie International 15.Trecora Chemical 16.OPI Inc. 17.Arya Chem Inc. 18.Westlake Chemical Corporation 19.SCG Chemicals, 20.WIWAX Frequently Asked Questions: 1. Which region has the largest share in Global Polyethylene Wax Market Market? Ans: Asia Pacific region holds the highest share in 2023. 2. What is the growth rate of Global Polyethylene Wax Market Market? Ans: The global market Market is growing at a CAGR of 9.42% during forecasting period 2024-2030. 3. What is scope of the Global Polyethylene Wax Market market report? Ans: Global market Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Polyethylene Wax Market market? Ans: The important key players in the global market Market are – BASF (Germany), Clariant International (Switzerland), Trecora Resources (US), Mitsui Chemicals (Japan), Honeywell International (US), SCG Group (Thailanad), Innospec (US), The Lubrizol Corporation (US), Euroceras (Poland), Westlake Chemical Corporation (US), Marcus Oil and Chemical, Baker Hughes;, Hase Petroleum Wax Co., Zell Chemie International, Trecora Chemical, OPI Inc., Arya Chem Inc., Westlake Chemical Corporation, SCG Chemicals,, and WIWAX. 5. What is the study period of this market? Ans: The Global Polyethylene Wax Market Market is studied from 2023 to 2030.
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends in Polyethylene wax market 5. POLYETHYLENE WAX MARKET, BY PROCESS (2023-2030 5.1. Introduction 5.2. Polyethylene Wax Market, by Polymerization 5.2.1. Polymerization Market Overview 5.2.2. Polymerization Market Size & Forecast 5.3. Polyethylene Wax Market, by Modification 5.3.1. Modification Market Overview 5.3.2. Modification Market Size & Forecast 5.4. Polyethylene Wax Market, by Thermal Cracking 5.4.1. Thermal Cracking Market Overview 5.4.2. Thermal Cracking Market Size & Forecast 5.6. Polyethylene Wax Market, by Others 5.6.1. Others Market Overview 5.6.2. Others Market Size & Forecast 6. POLYETHYLENE WAX MARKET, BY TYPE (2023-2030 6.1. Introduction 6.2. Polyethylene Wax Market, by High-Density Polyethylene (HDPE) Wax 6.2.1. High-Density Polyethylene (HDPE) Wax Market Overview 6.2.2. High-Density Polyethylene (HDPE) Wax Market Size & Forecast 6.3. Polyethylene Wax Market, by Low Density Polyethylene (LDPE) Wax 6.3.1. Low Density Polyethylene (LDPE) Wax Market Overview 6.3.2. Low Density Polyethylene (LDPE) Wax Market Size & Forecast 6.4. Polyethylene Wax Market, by Oxidized Polyethylene Wax 6.4.1. Oxidized Polyethylene Wax Market Overview 6.4.2. Oxidized Polyethylene Wax Market Size & Forecast 6.5. Polyethylene Wax Market, by Micronized Polyethylene Wax 6.5.1. Micronized Polyethylene Wax Market Overview 6.5.2. Micronized Polyethylene Wax Market Size & Forecast 6.6. Polyethylene Wax Market, by Others 6.6.1. Others Market Overview 6.6.2. Others Market Size & Forecast 7. POLYETHYLENE WAX MARKET, BY APPLICATION (2023-2030 7.1. Introduction 7.2. Polyethylene Wax Market, by Plastic Processing 7.2.1. Plastic Processing Market Overview 7.2.2. Plastic Processing Market Size & Forecast 7.3. Polyethylene Wax Market, by Hot-Melt Adhesive 7.3.1. Hot-Melt Adhesive Market Overview 7.3.2. Hot-Melt Adhesive Market Size & Forecast 7.4. Polyethylene Wax Market, by Ink & Coating Industry 7.4.1. Ink & Coating Industry Market Overview 7.4.2. Ink & Coating Industry Market Size & Forecast 7.5. Polyethylene Wax Market, by Others 7.5.1. Others Market Overview 7.5.2. Others Market Size & Forecast 8. POLYETHYLENE WAX MARKET, BY GEOGRAPHY (2023-2030 8.1. North America Polyethylene Wax Market 8.1.1. North America Polyethylene Wax Market, by Process 8.1.2. North America Polyethylene Wax Market, by Type 8.1.3. North America Polyethylene Wax Market, by Application 8.1.4. North America Polyethylene Wax Market, by Region 8.1.4.1. U.S. Polyethylene Wax Market 8.1.4.2. Canada Polyethylene Wax Market 8.1.4.3. Rest of North America Polyethylene Wax Market 8.2. Europe Polyethylene Wax Market 8.2.1. Europe Polyethylene Wax Market, by Process 8.2.2. Europe Polyethylene Wax Market, by Type 8.2.3. Europe Polyethylene Wax Market, by Application 8.2.4. Europe Polyethylene Wax Market, by Region 8.2.4.1. France Polyethylene Wax Market 8.2.4.2. Germany Polyethylene Wax Market 8.2.4.3. U.K .Polyethylene Wax Market 8.2.4.4. Rest of Europe Polyethylene Wax Market 8.3. Asia Pacific Polyethylene Wax Market 8.3.1. Asia-Pacific Polyethylene Wax Market, by Process 8.3.2. Asia-Pacific Polyethylene Wax Market, by Type 8.3.3. Asia-Pacific Polyethylene Wax Market, by Application 8.3.4. Asia-Pacific Polyethylene Wax Market, by Region 8.3.4.1. China Polyethylene Wax Market 8.3.4.2. Japan Polyethylene Wax Market 8.3.4.3. India Polyethylene Wax Market 8.3.4.4. Australia Polyethylene Wax Market 8.3.4.5. South Korea Polyethylene Wax Market 8.3.4.6. Rest of Asia Pacific Polyethylene Wax Market 8.4. Middle East & Africa Polyethylene Wax Market 8.4.1. Middle East & Africa Polyethylene Wax Market, by Process 8.4.2. Middle East & Africa Polyethylene Wax Market, by Type 8.4.3. Middle East & Africa Polyethylene Wax Market, by Application 8.4.4. Middle East & Africa Polyethylene Wax Market, by Region 8.4.4.1. South Africa Polyethylene Wax Market 8.4.4.2. Egypt Polyethylene Wax Market 8.4.4.3. Nigeria Polyethylene Wax Market 8.4.4.4. Rest of Middle East & Africa Polyethylene Wax Market 8.5. Latin America Polyethylene Wax Market 8.5.1. Latin America Polyethylene Wax Market, by Process 8.5.2. Latin America Polyethylene Wax Market, by Type 8.5.3. Latin America Polyethylene Wax Market, by Application 8.5.4. Latin America Polyethylene Wax Market, by Region 8.5.4.1. Brazil Polyethylene Wax Market 8.5.4.2. Argentina Polyethylene Wax Market 8.5.4.3. Columbia Polyethylene Wax Market 8.5.4.4. Mexico Polyethylene Wax Market 8.5.4.5. Rest of Latin America Polyethylene Wax Market 9. MARKET COMPETITION ANALYSIS 9.1 Market Share/Positioning Analysis 9.2 Key Innovators 9.3 Company Profiles 9.3.1 BASF 9.3.1.1 Overview 9.3.1.2 Products/ End-User 9.3.1.3 Strategy 9.3.1.4 Key Developments 9.3.2 Clariant International 9.3.2.1 Overview 9.3.2.2 Products/ End-User 9.3.2.3 Strategy 9.3.2.4 Key Developments 9.3.3 Trecora Resources 9.3.3.1 Overview 9.3.3.2 Products/ End-User 9.3.3.3 Strategy 9.3.3.4 Key Developments 9.3.4 Mitsui Chemicals 9.3.4.1 Overview 9.3.4.2 Products/ End-User 9.3.4.3 Strategy 9.3.4.4 Key Developments 9.3.5 Honeywell International 9.3.5.1 Overview 9.3.5.2 Products/ End-User 9.3.5.3 Strategy 9.3.5.4 Key Developments 9.3.6 SCG Group 9.3.6.1 Overview 9.3.6.2 Products/ End-User 9.3.6.3 Strategy 9.3.6.4 Key Developments 9.3.7 Innospec 9.3.7.1 Overview 9.3.7.2 Products/ End-User 9.3.7.3 Strategy 9.3.7.4 Key Developments 9.3.8 The Lubrizol Corporation 9.3.8.1 Overview 9.3.8.2 Products/ End-User 9.3.8.3 Strategy 9.3.8.4 Key Developments 9.3.9 Euroceras 9.3.9.1 Overview 9.3.9.2 Products/ End-User 9.3.9.3 Strategy 9.3.9.4 Key Developments 9.3.10 Westlake Chemical Corporation 9.3.10.1 Overview 9.3.10.2 Products/ End-User 9.3.10.3 Strategy 9.3.10.4 Key Developments 9.3.11 Marcus Oil and Chemical 9.3.12 Baker Hughes; 9.3.13 Hase Petroleum Wax Co. 9.3.14 Zell Chemie International 9.3.15 Trecora Chemical 9.3.16 OPI Inc. 9.3.17 Arya Chem Inc. 9.3.18 Westlake Chemical Corporation 9.3.19 SCG Chemicals, 9.3.20 WIWAX
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