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November 4, 2020

Polyethylene Wax Market Is Anticipated To Generate Significant Revenues By 2027

The Global Polyethylene Wax Market is expected to register a CAGR of around 5%, reaching a value of more than USD 1,100 million by the end of 2027.

Polyethylene wax is an ultra-low molecular weight polyethylene consisting of ethylene monomer chains. PE Wax is available from on-purpose production and as a by-product of polyethylene production. PE wax can be made by direct polymerization of ethylene under special conditions that control molecular weight.

PE wax exhibits superior properties such as high melting point, low viscosity, lubrication, and excellent thermal stability and chemical resistance.

Polyethylene Wax Market: Drivers & Restraints

Market Driver:

Growing Demand from End-use Industries

Polyethylene wax acts as an activator and dispersing material for polyethylene, ABS resins, polypropylene, etc. It is added to hydrocarbon waxes for increasing their melting points. PE wax is widely used in the textiles industry as stable softeners as they not yellow the white fabrics and does not change the color of printing and dyeing.

It has a low molecular weight and is used in combination with petroleum waxes in the food packaging industry. It is also used in the coating sector owing to its properties such as scratch resistance, rub resistance, water repellency, and improved slip.

Moreover, PE wax is used as a mold release agent in the plastic industry as it increases the productivity level while preventing pollution and enables the molding of complex shapes.

Emulsifiable and non-emulsifiable are two grades available for PE wax. Between these two, the emulsifiable PE wax is widely used as a processing chemical in textile finishing, cosmetics, polishes, paper coating, leather auxiliaries, adhesives, crayons, packing, and various others while the non-emulsifiable PE wax is used as lubricants for plastics and elastomers, carriers for pigment concentrates, and in paints and printing ink industry.

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Market Restraint:

Fluctuating Raw Material Prices

Raw materials for manufacturing polyethylene wax include polyethylene resin, polyethylene waste plastic, and polypropylene. These are petroleum-based products, the supply-demand gap of which results in volatile raw material prices.

Furthermore, environmental regulations on the production of petroleum-based products such as the Clean Air Act, Clean Water Act, etc. is a key factor that hampers the market growth.

Therefore, volatility in raw materials cost is a key restraining factor to the market growth.

Polyethylene Wax Market: Key Segments

  • Segmentation based on type: High-density PE, Low-density PE, Oxidized Polyethylene Wax, Acid Modified, and Others.
  • Segmentation based on form: Powder, Liquid, Flakes, Granules, Micronized, and Others.
  • Segmentation based on grade: Emulsifiable and Non-emulsifiable.
  • Segmentation based on production process: High-Pressure Polymerization, Ziegler-Natta Method, Thermal Cracking, Oxidation of Synthetic Wax, Metallocene Process, and Others.
  • Segmentation based on application: Textile, Plastics, Paints & Coatings, Rubber, Food Packaging, Adhesives, Inks, and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Polyethylene Wax Market: Report Scope

The report on the polyethylene wax market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Polyethylene Wax Market include:

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • SCG Chemicals Co., Ltd.
  • Honeywell International Inc.
  • Clariant
  • Mitsui Chemicals, Inc.
  • Innospec
  • The Lubrizol Corporation
  • Baker Hughes Company
  • DEUREX AG
  • Linvest GmbH
  • Qingdao Bouni Chemical Co., Ltd
  • euroceras
  • Other Key Companies

Polyethylene Wax Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Polyethylene Wax Market, by Type

  • High-density PE
  • Low-density PE
  • Oxidized Polyethylene Wax
  • Acid Modified
  • Others

Polyethylene Wax Market, by Form

  • Powder
  • Liquid
  • Flakes
  • Granules
  • Micronized
  • Others

Polyethylene Wax Market, by Grade

  • Emulsifiable
  • Non-emulsifiable

Polyethylene Wax Market, by Production Process

  • High-Pressure Polymerization
  • Ziegler-Natta Method
  • Thermal Cracking
  • Oxidation of Synthetic Wax
  • Metallocene Process
  • Others

Polyethylene Wax Market, by Application

  • Textile
  • Plastics
  • Paints & Coatings
  • Rubber
  • Food Packaging
  • Adhesives
  • Inks
  • Others

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Polyethylene Wax Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Demand from End-use Industries
    3. Restraint
      1. Fluctuating Raw Material Prices
    4. Opportunities
      1. Growth Potential in Emerging Economies
    5. Challenges
      1. Shift Towards Bio-Based Vegetable Waxes
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL POLYETHYLENE WAX MARKET BY TYPE, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. High-density PE
    3. Low-density PE
    4. Oxidized Polyethylene Wax
    5. Acid Modified
    6. Others
  7. GLOBAL POLYETHYLENE WAX MARKET BY FORM, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Powder
    3. Liquid
    4. Flakes
    5. Granules
    6. Micronized
    7. Others
  8. GLOBAL POLYETHYLENE WAX MARKET BY GRADE, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Emulsifiable
    3. Non-emulsifiable
  9. GLOBAL POLYETHYLENE WAX MARKET BY PRODUCTION PROCESS, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. High-Pressure Polymerization
    3. Ziegler-Natta Method
    4. Thermal Cracking
    5. Oxidation of Synthetic Wax
    6. Metallocene Process
    7. Others
  1. GLOBAL POLYETHYLENE WAX MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Textile
    3. Plastics
    4. Paints & Coatings
    5. Rubber
    6. Food Packaging
    7. Adhesives
    8. Inks
    9. Others
  2. GLOBAL POLYETHYLENE WAX MARKET BY REGION, Market Size in USD Million and Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  3. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  4. COMPANY PROFILES
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. SCG Chemicals Co., Ltd.
    3. Honeywell International Inc.
    4. Clariant
    5. Mitsui Chemicals, Inc.
    6. Innospec
    7. The Lubrizol Corporation
    8. Baker Hughes Company
    9. 20 Microns Nano Minerals Ltd
    10. DEUREX AG
    11. Linvest GmbH
    12. Qingdao Bouni Chemical Co., Ltd
    13. euroceras
    14. Other Key Companies
  5. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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November 4, 2020, 13:11
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