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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 2.76 billion by 2029 | 4.3 % | Asia Pacific |
| By Product | By Application | By Region |
|---|---|---|
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|
|
SCOPE OF THE REPORT
Polyethylene Wax Market Overview
The polyethylene wax market is expected to grow at 4.3 % CAGR from 2022 to 2029. It is expected to reach above USD 2.76 billion by 2029 from USD 1.89 billion in 2020.
A sort of synthetic wax known as PE is called polyethylene wax. It is a type of polyethylene with a high molecular weight that is made up of chains of the ethylene monomer. A variety of processes, including the polymerization of ethylene, can be used to create polyethylene wax. It is used in the production of plastic due to of qualities including flexible formulation, low melt viscosity, high heat resistance, thermal stability, and controlled molecular weight. Candles, cosmetics, rubber adhesives, and plastic additives and lubricants all employ polyethylene wax. Additionally, it is utilized in coatings, adhesives, and the application of printing inks. Therefore, the worldwide polyethylene wax market is seeing profitable chances due to the rising product demand.
Pharmaceutical, textile, coating, food packaging, cosmetics, and automotive sectors use plastic to make a wide range of products. The demand for polyethylene wax is anticipated to develop quickly given the rise in end-use uses for the material. The polyethylene wax market is anticipated to be driven by the expanding construction sector. Due to it improves the texture, has anti-settling qualities, and gives good water repellency and abrasion resistance, polyethylene wax is used in paints and coatings. The texture of clothes is improved, and colour change is prevented, by emulsions made from polyethylene wax. The textile industry uses polyethylene wax as a result. The market for polyethylene wax has expanded as a result of the aforementioned considerations.
The market for polyethylene wax is expanding as a result of the presence of aggressive market players who are concentrating on raising production of polyethylene wax in response to the rising demand from many sectors. Market participants compete with one another to stay ahead of the pack. Scientists from industrialized nations are stepping up their study in the area of polymer science to look into creative methods for making polyethylene wax. Technology advancements are accelerating the market’s growth for polyethylene wax. In Asian nations like China and India, the market is expanding quickly. Market expansion is anticipated to be fueled by the rising demand for affordable polyethylene wax.
Alternatives to polyethylene wax include Carnauba wax, paraffin wax, candelilla wax, micro wax, soy wax, and palm wax. Alternatives to polyethylene wax include organic wax. Compared to other types of wax, polyethylene wax is more expensive. The vast majority of specialty waxes are organic waxes, and these waxes are found in a variety of everyday things. The expansion of the polyethylene wax market is expected to be hampered by the availability of substitutes such as gas-to-liquid (GTL) wax for a number of applications.
Manufacturers of polyethylene have enormous growth potential in the food and beverage sector as it is utilized more and more in food packaging. Globally, people are becoming more and more aware of the importance of high-quality food packaging. The market for polyethylene wax is expanding as a result of this factor. Manufacturing process technological advancements are boosting sales and generating profitable business prospects for enterprises on the international market.
The COVID-19 epidemic has a detrimental effect on the global polyethylene wax market. The supply chain has been disrupted by lockdowns and business closures. Although the COVID-19 epidemic has slowed down all business operations in the polyethylene wax industry, producers are nevertheless forging ahead due to of the rising demand from end-use sectors like packaging, pharmaceuticals, food & beverage, petroleum, and refining. Global manufacturers are developing new revenue streams thanks to growing applications in coating, printing inks, and plastic processing. Market participants are recovering from losses brought on by the pandemic thanks to their strategic strategy. Due to their quick industrialization, nations like China and India control a significant portion of the industry.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Kilotons). |
| Segmentation | By Product, By Application, By Technology, By Region. |
| By Product
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| By Application
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| By Technology
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| By Region
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Polyethylene Wax Market Segment Analysis
The polyethylene wax market is segmented based on product, application and technology.
Due to its expanding use in the coating, plastics, inks, rubber, shoe, and leather industries as well as lubricants and masterbatches, oxidized PE wax was the leading segment, accounting for more than 36% of revenue. Due to the region’s quick industrialization and expanding R&D activity, the oxidized market in that region is predicted to have significant expansion.
With a revenue share of nearly 29% in 2022, candles led the application sector. The second-largest application segment, packaging, is expected to command a sizable market share. PE wax has a number of qualities that are highly valued in the packaging industry, including heat sealability and grease and scuff resistance. The use of wax packaging in coating, treating, impregnating, and laminating major food contact materials like paper, paperboards, and aluminum is predicted to cause it to increase significantly in the Indian market.
With a revenue share of more than 47% in 2022, polymerization led the market. Manufacturers have recently started using metallocene, a polymerization process, as a better and more efficient way to produce HDP and LDP. This is anticipated to support the market for PE wax’s growth in polymerization technology.
Polyethylene Wax Market Key Player
The polyethylene wax market key players includes Mitsui Chemicals, Inc., BASF SE, Arya Chem Inc., The Lubrizol Corporation, Innospec Inc., Micro Powders Inc., Kerax Limited, Clariant, China Petroleum & Chemical Corporation (Sinopec), WIWAX.
Recent News:
- 22 May 2023: BASF’s Coatings division had launched a crowdsourcing digital tool to streamline and enhance color formula search for customers of its two paint brands, NORBIN and Shancai. Named BASF Refinish Hub, the mobile application enables users across Asia Pacific to easily search, save and upload color formulars, and share them with other users in the region.
- 22 March 2023: BASF introduced a new Ultramid® Deep Gloss grade, optimized for highly glossy automotive interior parts, and applied for the first time to the garnish of Toyota‘s new Prius. The mold-in-color technology used to produce the new grade is more sustainable, as it improves the production efficiency of automotive parts since the solvent painting process is eliminated. Instead, pre-colored plastic resins are converted into molded parts directly and into the chosen color and finish.
Polyethylene Wax Market Regional Analysis
The polyethylene wax market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The region with the greatest anticipated CAGR is Asia Pacific, which in 2022 had a market share of more than 28.0% in the global polyethylene wax market. PE wax demand in the area has increased as a result of the region’s rapid development and abundant supply of polyethylene from China and India. China’s well-established polyethylene wax infrastructure and the presence of major companies in the nation contributed to Asia Pacific’s dominance in 2018. Over the course of the projection period, the area will see an increase in PE wax demand due to the fast industrial growth in Vietnam and India.
Due to the current oil and gas infrastructure and low product prices, Middle East and Africa is also anticipated to have a considerable increase in its revenue share. It is projected that the significant demand for American crude oil and shale gas will drive the North American market. The development of end-use sectors including coating, printing inks, and adhesives, along with strict food restrictions by the FDA and REACH, are likely to contribute to Europe’s continued steady growth.
Key Market Segments: Polyethylene Wax Market
Polyethylene Wax Market By Product, 2020-2029, (USD Billion), (Kilotons).
- High Density Polymerized PE Wax
- Low Density Polymerized PE Wax
- Oxidized PE Wax
- Micronized PE Wax
Polyethylene Wax Market By Application, 2020-2029, (USD Billion), (Kilotons).
- Candles
- Packaging
- Woods & Fire Logs
- Printing Inks
- Cosmetics
- Plastic Additives
- Lubricants
- Rubber
Polyethylene Wax Market By Technology, 2020-2029, (USD Billion), (Kilotons).
- Polymerization
- Modification
- Thermal Cracking
- Micronization
Polyethylene Wax Market By Region, 2020-2029, (USD Billion), (Kilotons).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Who Should Buy? Or Key Stakeholders
- Manufacturers of Polyethylene Wax
- Raw Material Suppliers
- Traders, Distributors, and Suppliers of Polyethylene Wax
- Regional Associations of Manufacturers of Polyethylene Wax
- Government and Regional Agencies, and Research Organizations
- Investment Research Firms
- Others
Key Question Answered
- What is the expected growth rate of the polyethylene wax market over the next 7 years?
- Who are the major players in the polyethylene wax market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the polyethylene wax market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the polyethylene wax market?
- What is the current and forecasted size and growth rate of the global polyethylene wax market?
- What are the key drivers of growth in the polyethylene wax market?
- What are the distribution channels and supply chain dynamics in the polyethylene wax market?
- What are the technological advancements and innovations in the polyethylene wax market and their impact on application development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the polyethylene wax market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the polyethylene wax market?
- What are the products offerings and specifications of leading players in the market?
- What is the pricing trend of polyethylene wax in the market and what is the impact of raw material prices on the price trend?
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH APPLICATIONOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL POLYETHYLENE WAX OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON POLYETHYLENE WAX MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL POLYETHYLENE WAX OUTLOOK
- GLOBAL POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION) (KILOTONS) 2020-2029
- HIGH DENSITY POLYMERIZED PE WAX
- LOW DENSITY POLYMERIZED PE WAX
- OXIDIZED PE WAX
- MICRONIZED PE WAX
- GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION) (KILOTONS) 2020-2029
- CANDLES
- PACKAGING
- WOODS & FIRE LOGS
- PRINTING INKS
- COSMETICS
- PLASTIC ADDITIVES
- LUBRICANTS
- RUBBER
- GLOBAL POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION) (KILOTONS) 2020-2029
- POLYMERIZATION
- MODIFICATION
- THERMAL CRACKING
- MICRONIZATION
- GLOBAL POLYETHYLENE WAX MARKET BY REGION (USD BILLION) (KILOTONS) 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- MITSUI CHEMICALS, INC.
- BASF SE
- ARYA CHEM INC.
- THE LUBRIZOL CORPORATION
- INNOSPEC INC.
- MICRO POWDERS INC.
- KERAX LIMITED
- CLARIANT
- CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC)
- WIWAX *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 2 GLOBAL POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 3 GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4 GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 5 GLOBAL POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 6 GLOBAL POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 7 GLOBAL POLYETHYLENE WAX MARKET BY REGION (USD BILLION), 2020-2029
TABLE 8 GLOBAL POLYETHYLENE WAX MARKET BY REGION (KILOTONS), 2020-2029
TABLE 9 NORTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 11 NORTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 13 NORTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 14 NORTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 15 NORTH AMERICA POLYETHYLENE WAX MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 16 NORTH AMERICA POLYETHYLENE WAX MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 17 US POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 18 US POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 19 US POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20 US POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 21 US POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 22 US POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 23 CANADA POLYETHYLENE WAX MARKET BY PRODUCT (BILLION), 2020-2029
TABLE 24 CANADA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 25 CANADA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 26 CANADA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 27 CANADA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 28 CANADA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 29 MEXICO POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 30 MEXICO POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 31 MEXICO POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 32 MEXICO POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 33 MEXICO POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 34 MEXICO POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 35 SOUTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 36 SOUTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 37 SOUTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38 SOUTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 39 SOUTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 40 SOUTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 41 SOUTH AMERICA POLYETHYLENE WAX MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 42 SOUTH AMERICA POLYETHYLENE WAX MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 43 BRAZIL POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 44 BRAZIL POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 45 BRAZIL POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46 BRAZIL POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 47 BRAZIL POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 48 BRAZIL POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 49 ARGENTINA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 50 ARGENTINA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 51 ARGENTINA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 52 ARGENTINA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 53 ARGENTINA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 54 ARGENTINA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 55 COLOMBIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 56 COLOMBIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 57 COLOMBIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 58 COLOMBIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 59 COLOMBIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 60 COLOMBIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 61 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 62 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 63 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 65 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 66 REST OF SOUTH AMERICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 67 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 68 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 69 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 70 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 71 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 72 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 73 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 74 ASIA-PACIFIC POLYETHYLENE WAX MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 75 INDIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 76 INDIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 77 INDIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 78 INDIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 79 INDIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 80 INDIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 81 CHINA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 82 CHINA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 83 CHINA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84 CHINA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 85 CHINA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 86 CHINA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 87 JAPAN POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 88 JAPAN POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 89 JAPAN POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90 JAPAN POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 91 JAPAN POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 92 JAPAN POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 93 SOUTH KOREA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 94 SOUTH KOREA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 95 SOUTH KOREA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 96 SOUTH KOREA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 97 SOUTH KOREA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 98 SOUTH KOREA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 99 AUSTRALIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 100 AUSTRALIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 101 AUSTRALIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102 AUSTRALIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 103 AUSTRALIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 104 AUSTRALIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 105 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 106 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 107 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 108 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 109 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 110 SOUTH EAST ASIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 111 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 112 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 113 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 115 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 116 REST OF ASIA PACIFIC POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 117 EUROPE POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 118 EUROPE POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 119 EUROPE POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 120 EUROPE POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 121 EUROPE POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 122 EUROPE POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 123 EUROPE POLYETHYLENE WAX MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 124 EUROPE POLYETHYLENE WAX MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 125 GERMANY POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 126 GERMANY POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 127 GERMANY POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128 GERMANY POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 129 GERMANY POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 130 GERMANY POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 131 UK POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 132 UK POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 133 UK POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 134 UK POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 135 UK POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 136 UK POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 137 FRANCE POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 138 FRANCE POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 139 FRANCE POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 140 FRANCE POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 141 FRANCE POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 142 FRANCE POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 143 ITALY POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 144 ITALY POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 145 ITALY POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 146 ITALY POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 147 ITALY POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 148 ITALY POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 149 SPAIN POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 150 SPAIN POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 151 SPAIN POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 152 SPAIN POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 153 SPAIN POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 154 SPAIN POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 155 RUSSIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 156 RUSSIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 157 RUSSIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 158 RUSSIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 159 RUSSIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 160 RUSSIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 161 REST OF EUROPE POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 162 REST OF EUROPE POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 163 REST OF EUROPE POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 164 REST OF EUROPE POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 165 REST OF EUROPE POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 166 REST OF EUROPE POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 175 UAE POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 176 UAE POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 177 UAE POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 178 UAE POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 179 UAE POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 180 UAE POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 181 SAUDI ARABIA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 182 SAUDI ARABIA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 183 SAUDI ARABIA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 184 SAUDI ARABIA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 185 SAUDI ARABIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 186 SAUDI ARABIA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 187 SOUTH AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 188 SOUTH AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 189 SOUTH AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 190 SOUTH AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 191 SOUTH AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 192 SOUTH AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (USD BILLION), 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY PRODUCT (KILOTONS), 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (USD BILLION), 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA POLYETHYLENE WAX MARKET BY TECHNOLOGY (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL POLYETHYLENE WAX MARKET BY PRODUCT, USD BILLION, 2020-2029
FIGURE 9 GLOBAL POLYETHYLENE WAX MARKET BY TECHNOLOGY, USD BILLION, 2020-2029
FIGURE 10 GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 11 GLOBAL POLYETHYLENE WAX MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 GLOBAL POLYETHYLENE WAX MARKET BY PRODUCT, USD BILLION, 2021
FIGURE 13 GLOBAL POLYETHYLENE WAX MARKET BY TECHNOLOGY, USD BILLION, 2021
FIGURE 14 GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 15 GLOBAL POLYETHYLENE WAX MARKET BY REGION, USD BILLION, 2021
FIGURE 16 PORTER’S FIVE FORCES MODEL
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 MITSUI CHEMICALS, INC.: COMPANY SNAPSHOT
FIGURE 19 BASF SE: COMPANY SNAPSHOT
FIGURE 20 ARYA CHEM INC.: COMPANY SNAPSHOT
FIGURE 21 THE LUBRIZOL CORPORATION: COMPANY SNAPSHOT
FIGURE 22 INNOSPEC INC.: COMPANY SNAPSHOT
FIGURE 23 MICRO POWDERS INC.: COMPANY SNAPSHOT
FIGURE 24 KERAX LIMITED: COMPANY SNAPSHOT
FIGURE 25 CLARIANT: COMPANY SNAPSHOT
FIGURE 26 CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC): COMPANY SNAPSHOT
FIGURE 27 WIWAX: COMPANY SNAPSHOT
FAQ
The polyethylene wax market is expected to grow at 4.3 % CAGR from 2022 to 2029. It is expected to reach above USD 2.76 billion by 2029 from USD 1.89 billion in 2020.
Asia Pacific held more than 28 % of the polyethylene wax market revenue share in 2021 and will witness expansion in the forecast period.
The polyethylene wax market is anticipated to be driven by the expanding construction sector. The market for polyethylene wax has expanded as a result of the aforementioned considerations.
With a revenue share of nearly 29% in 2022, candles led the application sector. The second-largest application segment, packaging, is expected to command a sizable market share.
Asia Pacific is the largest regional market for polyethylene wax market
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