Polyethylene Wax Market, By Process (Polymerization, Modification, and Thermal Cracking), By Type (High-Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Oxidized, and Micronized), By Application (Plastic Processing, Hot-melt Adhesive, and Ink and Coating), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Trends, Analysis and Forecast Till 2030

Report Code: PMI41319 | Publish Date: March 2024 | No. of Pages: 168

Global Polyethylene Wax Market By Overview

Introduction:

Polyethylene wax market accounted for US$ 1.22 billion in 2020 and is estimated to be US$ 1.88 billion by 2030 and is anticipated to register a CAGR of 4.5%.

Waxes are solid materials that are melts and converts into a liquid state primarily at higher temperature. Waxes are categorized into two main types that are natural waxes and synthetic waxes. Synthetic waxes have numerous types; polyethylene wax is one of them. Polyethylene wax is also termed as polyethylene homopolymer wax. Polyethylene wax has excellent chemical properties such as color, lubrication rate, and thermal stability. Polyethylene wax has been manufactured by three major processes such as polymerization, thermal degradation, and synthesis from monomers.

Global Polyethylene Wax Market By Dynamics

Driving growth of the polyethylene wax

Rising demand for plastic and rubber industry as well as paints and coatings is creating demand for polyethylene wax and driving growth of the global polyethylene wax market. In addition, increasing adoption of polyethylene wax from various industries owing to its end-use applications such as lubricant, releasing agent, shining agent, binding agent, and dispersant is a factor propelling growth of the target market.

Furthermore, increasing demand for polyethylene wax chemical industry across the owing to its superior physiochemical properties and ease of modification is supporting growth of the global market. Furthermore, high demand for efficient organic compound in plastic processing, biocompatible, hot melt adhesive, and other sectors is expected to propel growth of the global polyethylene wax market over the forecast period.

Global Polyethylene Wax Market By Segmentation

The polyethylene wax market has been segmented on the basis of process, type, application, and region.

On the basis of process of polyethylene wax market the target market has been segmented into polymerization, modification, and thermal cracking. On the basis of type the target market has been segmented into high-density polyethylene (LDPE), low density polyethylene (HDPE), oxidized, and micronized. On the basis of application the target market has been segmented into plastic processing, hot-melt adhesive, and ink and coating.

Regional Insights:

The polyethylene wax market accounted for US$ 1.22 billion in 2020 and is estimated to be US$ 1.88 billion by 2030 and is anticipated to register a CAGR of 4.5%. On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific is expected to account major market share in terms of revenue as compared to that of other regions and expect to maintain its dominance over the forecast period

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Process- Polymerization, Modification, and Thermal Cracking

By type– High-Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Oxidized, and Micronized

By Application– Plastic Processing, Hot-melt Adhesive, and Ink and Coating

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global polyethylene wax market report based on process, types, application, and region.

polyethylene wax Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Polyethylene Wax Market By Key Players

Key players operating in the polyethylene wax market includes BASF SE, Arya Chem Inc., Clariant AG, Westlake Chemical Corporation, SCG Chemicals, WIWAX sp.zo.o., Synergy Poly Additives Private Limited, Mitsui Chemicals America, Inc., The Lubrizol Corporation, Kerax Limited, Micro Powders, Inc., The International Group, Inc. and Innospec Inc.

Global Polyethylene Wax Market By Company Profile

  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Arya Chem Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Clariant AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Westlake Chemical Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SCG Chemicals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • WIWAX sp.zo.o.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Synergy Poly Additives Private Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsui Chemicals America,Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The Lubrizol Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kerax Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Micro Powders, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The International Group, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Innospec Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Polyethylene Wax Market By Table of Contents

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  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Polyethylene Wax Strategies
      • Key Questions this Study will Answer
        • By Process (Polymerization, Modification, and Thermal Cracking)

        • By Type (High-Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Oxidized, and Micronized)

        • By Application (Plastic Processing, Hot-melt Adhesive, and Ink and Coating)

        • By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Polyethylene Wax Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles

 

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Key players operating in the global polyethylene wax market includes BASF SE, Arya Chem Inc., Clariant AG, Westlake Chemical Corporation, SCG Chemicals, WIWAX sp.zo.o., Synergy Poly Additives Private Limited, Mitsui Chemicals America, Inc., The Lubrizol Corporation, Kerax Limited, Micro Powders, Inc., The International Group, Inc. and Innospec Inc.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

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FAQs

Global Polyethylene Wax Market is segmented on basis of process, application and region.

The quality packaging in the foods industry is expected to drive the demand for polyethylene wax.

sia Pacific was the leading global polyethylene market and is expected to grow at the highest CAGR during the projected period.