Industrial Wax - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Industrial Wax Market is accounted for $8.98 billion in 2017 and is expected to reach $15.12 billion by 2026 growing at a CAGR of 6.0% during the forecast period. Some of the key factors influencing the market growth include increasing demand for acceptance of synthetic waxes and high growth in emerging countries. However, the high price of synthetic and bio-based waxes are restraining the market growth.
Wax is used in a wide range of applications and is a significant constituent of the diversity of industrial products. It finds its applications in adhesives, polishes, candles, textiles, etc., can be used over a broad variety from service type products to specialty products.
Application, the Packaging segment is expected to remain attractive during the forecast period owing to the industrial waxes have good lubricate and moisture barricade properties, and are hence mainly used in food packaging materials. By Geography, Asia Pacific is expected to grow at the largest market share during the forecast period. The region has emerged as the main consumer of manufacturing wax, owing to the growth in the manufacture and use of candles, packaging products, and coatings.
Some of the key players profiled in the Industrial Wax Market include Asian Oil Company, BP South Africa (Pty) Ltd., Calumet Specialty Products Partners, L.P., CEPSA, Cirebelle Fine Chemicals (Pty) Limited, H & R South Africa (Pty), HollyFrontier Refining & Marketing LLC, Iberceras Specialties S.L.U., Indian Oil Corporation Ltd, Kerax Limited, Koster Keunen, MOL Group, Nippon Seiro Co., Ltd., Royal Dutch Shell plc., Sasol and Sonneborn LLC.
Types Covered:
• Bio-Based Waxes
• Synthetic Based Wax
• Fossil Based Waxes
Applications Covered:
• Tires & Rubber
• Packaging
• Hot Melt Adhesives
• Food & Beverages
• Cosmetics & Personal Care
• Coatings & Polishes
• Candles
• Adhesives & Sealants
• Pharmaceutical
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Wax Market, By Type
5.1 Introduction
5.2 Bio-Based Waxes
5.2.1 Animal Waxes
5.2.1.1 Tallow
5.2.1.2 Lanolin
5.2.1.3 Chinese Wax
5.2.1.4 Beeswax
5.2.2 Vegetable Waxes
5.2.2.1 Carnauba Wax
5.2.2.2 Candelilla Wax
5.3 Synthetic Based Wax
5.3.1 Fischer-Topsch Waxes
5.3.1.1 Biomass-to-Liquid (BTL)
5.3.1.2 Coal-to-Liquid Plants (CTL)
5.3.1.3 Gas to Liquids (GTL)
5.3.2 Poly-Olefin Waxes/ Alpha-Olefin Waxes
5.4 Fossil Based Waxes
5.4.1 Petroleum Waxes
5.4.1.1 Microcrystalline Wax
5.4.1.2 Paraffin Wax (Long-Chain Alkanes)
5.4.2 Mineral Waxes
5.4.2.1 Ozokerite
5.4.2.2 Montan Wax (Lignite/Brown Coal)
6 Global Industrial Wax Market, By Application
6.1 Introduction
6.2 Tires & Rubber
6.3 Packaging
6.4 Hot Melt Adhesives
6.5 Food & Beverages
6.6 Cosmetics & Personal Care
6.7 Coatings & Polishes
6.8 Candles
6.9 Adhesives & Sealants
6.10 Pharmaceutical
6.11 Other Applications
6.11.1 Printing Inks
6.11.2 Polyvinyl Chloride
6.11.3 Investment Casting
6.11.4 Chlorinated Paraffin
6.11.5 Agriculture
7 Global Industrial Wax Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Asian Oil Company
9.2 BP South Africa (Pty) Ltd.
9.3 Calumet Specialty Products Partners, L.P.
9.4 CEPSA
9.5 Cirebelle Fine Chemicals (Pty) Limited
9.6 H & R South Africa (Pty)
9.7 HollyFrontier Refining & Marketing LLC
9.8 Iberceras Specialties S.L.U.
9.9 Indian Oil Corporation Ltd
9.10 Kerax Limited
9.11 Koster Keunen
9.12 MOL Group
9.13 Nippon Seiro Co., Ltd.
9.14 Royal Dutch Shell plc.
9.15 Sasol
9.16 Sonneborn LLC
List of Tables
1 Global Industrial Wax Market Outlook, By Region (2016-2026) (US $MN)
2 Global Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
3 Global Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
4 Global Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
5 Global Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
6 Global Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
7 Global Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
8 Global Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
9 Global Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
10 Global Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
11 Global Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
12 Global Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
13 Global Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
14 Global Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
15 Global Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
16 Global Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
17 Global Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
18 Global Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
19 Global Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
20 Global Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
21 Global Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
22 Global Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
23 Global Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
24 Global Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
25 Global Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
26 Global Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
27 Global Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
28 North America Industrial Wax Market Outlook, By Country (2016-2026) (US $MN)
29 North America Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
30 North America Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
31 North America Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
32 North America Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
33 North America Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
34 North America Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
35 North America Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
36 North America Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
37 North America Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
38 North America Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
39 North America Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
40 North America Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
41 North America Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
42 North America Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
43 North America Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
44 North America Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
45 North America Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
46 North America Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
47 North America Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
48 North America Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
49 North America Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
50 North America Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
51 North America Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
52 North America Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
53 North America Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
54 North America Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
55 Europe Industrial Wax Market Outlook, By Country (2016-2026) (US $MN)
56 Europe Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
57 Europe Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
58 Europe Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
59 Europe Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
60 Europe Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
61 Europe Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
62 Europe Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
63 Europe Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
64 Europe Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
65 Europe Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
66 Europe Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
67 Europe Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
68 Europe Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
69 Europe Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
70 Europe Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
71 Europe Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
72 Europe Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
73 Europe Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
74 Europe Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
75 Europe Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
76 Europe Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
77 Europe Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
78 Europe Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
79 Europe Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
80 Europe Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
81 Europe Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
82 Asia Pacific Industrial Wax Market Outlook, By Country (2016-2026) (US $MN)
83 Asia Pacific Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
84 Asia Pacific Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
85 Asia Pacific Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
86 Asia Pacific Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
87 Asia Pacific Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
88 Asia Pacific Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
89 Asia Pacific Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
90 Asia Pacific Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
91 Asia Pacific Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
92 Asia Pacific Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
93 Asia Pacific Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
94 Asia Pacific Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
95 Asia Pacific Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
96 Asia Pacific Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
97 Asia Pacific Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
98 Asia Pacific Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
99 Asia Pacific Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
100 Asia Pacific Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
101 Asia Pacific Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
102 Asia Pacific Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
103 Asia Pacific Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
104 Asia Pacific Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
105 Asia Pacific Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
106 Asia Pacific Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
107 Asia Pacific Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
108 Asia Pacific Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
109 South America Industrial Wax Market Outlook, By Country (2016-2026) (US $MN)
110 South America Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
111 South America Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
112 South America Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
113 South America Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
114 South America Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
115 South America Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
116 South America Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
117 South America Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
118 South America Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
119 South America Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
120 South America Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
121 South America Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
122 South America Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
123 South America Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
124 South America Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
125 South America Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
126 South America Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
127 South America Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
128 South America Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
129 South America Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
130 South America Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
131 South America Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
132 South America Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
133 South America Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
134 South America Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
135 South America Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
136 Middle East & Africa Industrial Wax Market Outlook, By Country (2016-2026) (US $MN)
137 Middle East & Africa Industrial Wax Market Outlook, By Type (2016-2026) (US $MN)
138 Middle East & Africa Industrial Wax Market Outlook, By Bio-Based Waxes (2016-2026) (US $MN)
139 Middle East & Africa Industrial Wax Market Outlook, By Animal Waxes (2016-2026) (US $MN)
140 Middle East & Africa Industrial Wax Market Outlook, By Vegetable Waxes (2016-2026) (US $MN)
141 Middle East & Africa Industrial Wax Market Outlook, By Synthetic Based Wax (2016-2026) (US $MN)
142 Middle East & Africa Industrial Wax Market Outlook, By Fischer-Topsch Waxes (2016-2026) (US $MN)
143 Middle East & Africa Industrial Wax Market Outlook, By Poly-Olefin Waxes/ Alpha-Olefin Waxes (2016-2026) (US $MN)
144 Middle East & Africa Industrial Wax Market Outlook, By Fossil Based Waxes (2016-2026) (US $MN)
145 Middle East & Africa Industrial Wax Market Outlook, By Petroleum Waxes (2016-2026) (US $MN)
146 Middle East & Africa Industrial Wax Market Outlook, By Mineral Waxes (2016-2026) (US $MN)
147 Middle East & Africa Industrial Wax Market Outlook, By Application (2016-2026) (US $MN)
148 Middle East & Africa Industrial Wax Market Outlook, By Tires & Rubber (2016-2026) (US $MN)
149 Middle East & Africa Industrial Wax Market Outlook, By Packaging (2016-2026) (US $MN)
150 Middle East & Africa Industrial Wax Market Outlook, By Hot Melt Adhesives (2016-2026) (US $MN)
151 Middle East & Africa Industrial Wax Market Outlook, By Food & Beverages (2016-2026) (US $MN)
152 Middle East & Africa Industrial Wax Market Outlook, By Cosmetics & Personal Care (2016-2026) (US $MN)
153 Middle East & Africa Industrial Wax Market Outlook, By Coatings & Polishes (2016-2026) (US $MN)
154 Middle East & Africa Industrial Wax Market Outlook, By Candles (2016-2026) (US $MN)
155 Middle East & Africa Industrial Wax Market Outlook, By Adhesives & Sealants (2016-2026) (US $MN)
156 Middle East & Africa Industrial Wax Market Outlook, By Pharmaceutical (2016-2026) (US $MN)
157 Middle East & Africa Industrial Wax Market Outlook, By Other Applications (2016-2026) (US $MN)
158 Middle East & Africa Industrial Wax Market Outlook, By Printing Inks (2016-2026) (US $MN)
159 Middle East & Africa Industrial Wax Market Outlook, By Polyvinyl Chloride (2016-2026) (US $MN)
160 Middle East & Africa Industrial Wax Market Outlook, By Investment Casting (2016-2026) (US $MN)
161 Middle East & Africa Industrial Wax Market Outlook, By Chlorinated Paraffin (2016-2026) (US $MN)
162 Middle East & Africa Industrial Wax Market Outlook, By Agriculture (2016-2026) (US $MN)
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