Oxidized Polyethylene Wax Market Size, Share, Growth Report 2030

Oxidized Polyethylene Wax Market

Oxidized Polyethylene Wax Market - By Product (Low-Density Polyethylene Wax and High-Density Polyethylene Wax) and By Application (Rubber Processing, Coatings, Plastics, Hot Melt Adhesive, and Printing Inks): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028

Category: Chemical & Materials Report Format : PDF Pages: 182 Report Code: ZMR-6765 Published Date: Jan-2022 Status : Published

The global Oxidized Polyethylene Wax Market accrued earnings worth approximately 752 (USD Million) in 2021 and is predicted to gain revenue of about 1,050 (USD Million) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2022 to 2028.

Oxidized Polyethylene Wax Market

The global Oxidized Polyethylene Wax Market accrued earnings worth approximately 752 (USD Million) in 2021 and is predicted to gain revenue of about 1,050 (USD Million) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2022 to2028. The report offers assessment and analysis of the Oxidized Polyethylene Wax Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022to 2028 based on revenue (USD Million).

Oxidized Polyethylene Wax Market: Outlook

Oxidized polyethylene wax is made up from various kinds of chemicals including fatty acids, ester, alcohol, and ketone. Moreover, it is soluble in aromatic hydrocarbons and provides exceptional internal & external lubricating performance. Furthermore, oxidized polyethylene wax is produced due to polyethylene oxidation. In addition to this, the compound is utilized in master batches as well as other applications such as leather, manufacturing, polymer processing, textile, and metalworking sectors.

Global Oxidized Polyethylene Wax Market SizeRequest Free Sample

Oxidized Polyethylene Wax Market: Growth Drivers

Mammoth popularity of wax and its derivatives due to its exceptional features such as non-toxicity, good water repellence, and outstanding chemical resistance will drive market trends. Additionally, escalating demand for paper & paperboard and building boards will generate lucrative growth avenues for oxidized polyethylene wax industry. Apart from this, use of polyethylene wax in plastic processing activities and hot melt adhesives used for construction of roads will pave a way for growth of oxidized polyethylene wax market. Escalating demand for candles, fire logs, and decorative items will propel market demand. However, environmental degradation caused due to VOC emissions as a result of oxidized polyethylene wax production will create obstacles to ingrowth of oxidized polyethylene wax business. Nonetheless, oscillations in prices of raw material components can pose a threat to market expansion.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and MiddleEast & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain,China, India, Japan, South Korea, Brazil, Argentina, GCC Countries,and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Oxidized Polyethylene Wax Market: Regional Landscape

North America To Dominate Overall Market Expansion In 2022-2028

Massive surge in market earnings of subcontinent over the next six years can be credited to thriving plastics sector in countries such as the U.S. Apart from this, surge in demand for oxidized polyethylene wax in plastic, printing inks, and rubbers will proliferate size of industry in region. Presence of giant vehicle component manufacturers in subcontinent will contribute substantially towards proceeds of oxidized polyethylene wax market in subcontinent.

Competitive Insights

Key players profiled in study and influencing business landscape are BASF SE, Munzing Chemie GmbH, Clariant AG, HoneywellInternational Inc., Westlake Chemical, Industrial Raw Material LLC, Trecora Chemical, The Lubrizol Corporation, Marcus Oil andChemicals, and Innospec Inc.

The global Oxidized Polyethylene Wax Market is segmented as follows:

By Product

  • Low-Density Polyethylene Wax
  • High-Density Polyethylene Wax

By End-User

By Region

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

Table Of Content

Methodology

FrequentlyAsked Questions

Mammoth popularity of wax and its derivatives due to its exceptional features such as non-toxicity, good water repellency, and outstanding chemical resistance will drive market trends.  

According to Zion market research report, the global Oxidized Polyethylene Wax Market accrued earnings worth approximately 752 (USD Million) in 2021 and is predicted to gain revenue of about 1,050 (USD Million) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2022 to 2028.

North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to thriving plastics sector in countries such as the U.S. 

The key market participants include BASF SE, Munzing Chemie GmbH, Clariant AG, Honeywell International Inc., Westlake Chemical, Industrial Raw Material LLC, Trecora Chemical, The Lubrizol Corporation, Marcus Oil and Chemicals, and Innospec Inc.

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