Report Scope:
The scope of this report is broad and covers different types of synthetic and natural waxes, and their application in different areas. The market is broken down by types of synthetic and natural waxes, applications, and regions. Revenue forecasts from 2017 to 2022 are given for each major type of wax, application, and region. The estimated values are derived using a bottom-up approach and are based on manufacturers' total revenues. This report does not include market insights and forecasts for Paraffin waxes as the growth in demand for paraffins are stagnant worldwide. The report rather focuses on growth segments of synthetic and natural waxes that are slowly replacing paraffin in multiple industrial and consumer application across the globe.
Regions studied in the report include North America, Asia-Pacific, Europe, South America and the Middle East and Africa. The average price based on extensive primary and secondary research is used for the conversion of volume market to value market and vice-versa.
The report also includes a discussion of the major players across each of the regional markets for synthetic and natural waxes. It explains the major market drivers of the global synthetic and natural waxes industry, current trends within the industry, major applications, and the regional dynamics of the global synthetic and natural waxes market. The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors in the global synthetic and natural waxes industry.
Report Includes:
- 48 data tables and 38 additional tables
- A comprehensive overview and an in-depth analysis of the global market for synthetic and natural waxes
- Analyses of global market trends with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Information on major factors influencing the global synthetic and natural waxes market, along with key trends and technological updates
- Characterization and quantification of market potential for synthetic and natural waxes by geographical regions, product types, and applications
- Brief overview of wax materials that are broadly used in candles, cosmetics, adhesives, coatings and inks, and the automotive and rubber industries
- A look at the regulatory environment, which has been a driving force within the industry
- Company profiles of leading market players including Australian Wax Co. Pty. Ltd., BASF SE, BritishWax, Cargill, Inc., and International Group, Inc. (IGI)
Summary
Synthetic waxes are long-chain hydrocarbons that are the closest substitutes for petroleum and mineral waxes. Most of the synthetic waxes have similar chemical structure; however, different production processes lead to distinct properties. Due to high heat resistance and higher set times, these waxes are widely used in a number of industrial processes. The synthetic waxes segment is expected to register the highest growth in demand among all the wax segments during the next five years.
Natural waxes are derived from plants and animals. Ever-increasing environmental concerns around the world and lack of availability of paraffin waxes are boosting the demand for such waxes. Previously, natural waxes could not be used in multiple industrial and commercial applications due to lack of hardness and absence of other properties possessed by paraffin waxes. However, with evolving extraction methods and blends, natural waxes now can be used as substitutes for paraffin in multiple applications.
Carnauba, soy and candelilla are the most widely used plant waxes, and beeswax is the most widelyused animal wax. Natural waxes represent approximately REDACTED of the global wax demand (the total wax market also includes paraffin wax, which is not in the scope of this report). The Asia-Pacific region is the major producer of natural waxes. Countries such as China, Japan, India, South Korea and Malaysia produce several natural wax blends. Additionally, Latin American nations such as Brazil and Mexico also produce natural waxes. Europe and North America are the key importers of such renewable-made waxes.
Synthetic and natural waxes find their major applications in candles. These waxes are also used in a number of other applications such as adhesives, cosmetics, coatings and inks, pharmaceuticals, rubber and more.
BCC Research projects that the global market for synthetic and natural waxes will grow from REDACTED in 2017 to REDACTED by 2022, at a five-year compound annual growth rate (CAGR) of REDACTED from 2017 through 2022. The primary reason for such growth will be a decreasing supply of petroleum waxes, increasing industrial application of synthetic waxes, and a higher adoption of natural waxes in North America and Europe.
Synthetic and Natural Waxes: Global Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Intended Audience
Information Sources
Research Methodology
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Overview
Industry Overview
Value Chain
Market Segmentation
Segmentation by Type
Segmentation by Application
Segmentation by Region
Production and Technology
Synthetic Wax Production
Natural Wax Production
Application of Synthetic and Natural Waxes
Synthetic Wax Application
Natural Wax Application
Market Dynamics
Porter's Five Forces Analysis
Chapter 4 Synthetic and Natural Waxes Market Forecast by Type
Global Forecast for Synthetic Wax Market by Type
Homopolymer Wax Market
Copolymer Wax Market
Global Forecast for Natural Wax Market by Type
Global Forecast for Plant Wax Market by Type
Chapter 5 Synthetic and Natural Wax Market by Application
Introduction
Synthetic Wax Application
Ethylene Polymer Wax Application
Fischer-Tropsch Wax Application
Application of Natural Waxes
Plant Wax Application
Animal Wax Application
Key Application Segments
Wax in Candles
Wax in Adhesives
Wax in Cosmetics
Wax in Pharmaceuticals
Wax in Coatings and Inks
Chapter 6 Synthetic and Natural Wax Market by Region
Introduction
North America
Growth in U.S. Spa Industry to Boost Sales of Aromatic Candles
Growing Demand for Wax Emulsions in Paints and Coatings and Adhesives and Sealants Industries
North America Synthetic Wax Application
North America Natural Wax Application
North America Synthetic Wax Market by Country
North America Natural Wax Market by Country
Asia-Pacific (APAC)
China is the Leading Producer and Exporter of Beeswax
Malaysia, the Production Hub of Fischer-Tropsch Wax
Asia-Pacific Synthetic Wax Application
Asia-Pacific Natural Wax Application
Asia-Pacific Synthetic Wax Market by Country
Asia-Pacific Natural Wax Market by Country
Europe
High Imports of Natural Waxes by Eastern European Nations
High Traction for Wax Market Provided by Cosmetic Industry
Europe Synthetic Wax Application
Europe Natural Wax Application
Europe Synthetic Wax Market by Country
Europe Natural Wax Market by Country
South America
South America Synthetic Wax Application
South America Natural Wax Application
Formation of Region-wide Paint and Coatings Association in Latin America Will Boost the Demand
Middle East and Africa
Synthetic Wax Application in the Middle East and Africa
Natural Wax Application in MEA Region
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
ARYA CHEM INC.
AUSTRALIAN WAX CO. PTY. LTD.
Company Overview
Products
BASF SE
Company Overview
Products
Management Strategy
BRITISHWAX
CALWAX CORP.
Company Overview
Products
CARGILL INC.
Company Overview
CLARIANT
Company Overview
COSMIC PETROCHEM PVT. LTD.
Company Overview
DARENT WAX CO. LTD.
Company Overview
Products
Management Strategy
DEUREX AG
Company Overview
Products
Management Strategy
Company Financials
EPCHEM INTERNATIONAL PTE. LTD.
Company Overview
FRANK B. ROSS CO., INC.
Company Overview
GREEN & NATURAL GROUP
Company Overview
HARI SHELLAC INDUSTRIES
Company Overview
HENGSHUI YIMEI NEW MATERIAL TECHNOLOGY CO. LTD.
Company Overview
HONEYWELL INTERNATIONAL, INC.
Company Overview
Products
Management Strategy
HONG CHANG INTERNATIONAL
Company Overview
INDUSTRIAL RAW MATERIALS LLC
Company Overview
Products
INTERNATIONAL GROUP, INC. (IGI)
Company Overview
Products
Management Strategy
Developments
Company Financials
KERAX LTD.
Company Overview
Products
Management Strategy
KOSTER KEUNEN, INC.
Company Overview
Management Strategy
Developments
Company Financials
LUBRIZOL CORP.
Company Overview
Products
Management Strategy
Company Financials
MICHELMAN, INC.
Company Overview
Products
Management Strategy
Company Financials
MULTICERAS SA DE CV
Company Overview
Products
NATURAL WAX
Company Overview
POTH HILLE & CO. LTD.
Company Overview
SASOL LTD.
Company Overview
Products
Management Strategy
SHRI RAM SONS WAX PVT. LTD.
Company Overview
Products
STRAHL & PITSCH, INC.
Company Overview
Products
Management Strategy
Developments
Company Financials
TRECORA CHEMICAL
Company Overview
Products and Services
VEKTAN TRADING LTD.
Company Overview
Products
WESTLAKE CHEMICAL CORP.
Company Overview
Products
Management Strategy
List of Tables
Summary Table : Global Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 1 : Global Market Volume for Synthetic Waxes, by Category, Through 2022
Table 2 : Global Market for Synthetic Waxes, by Category, Through 2022
Table 3 : Global Market Volume for Homopolymer Waxes, by Type, Through 2022
Table 4 : Global Market for Homopolymer Waxes, by Type, Through 2022
Table 5 : Global Market Volume for Natural Waxes, by Category, Through 2022
Table 6 : Global Market for Natural Waxes, by Category, Through 2022
Table 7 : Global Market Volume for Plant Waxes, by Category, Through 2022
Table 8 : Global Market for Plant Waxes, by Category, Through 2022
Table 9 : Global Market Volume for Synthetic Waxes, by Application, Through 2022
Table 10 : Global Market for Synthetic Waxes, by Application, Through 2022
Table 11 : Global Market Volume for Natural Waxes, by Application, Through 2022
Table 12 : Global Market for Natural Waxes, by Application, Through 2022
Table 13 : Global Market for Candle Waxes, by Type, Through 2022
Table 14 : Global Market for Adhesive Waxes, Through 2022
Table 15 : Global Market for Cosmetics Waxes, by Type, Through 2022
Table 16 : Global Market for Pharmaceuticals Waxes, Through 2022
Table 17 : Global Market for Coatings and Inks Waxes, by Type, Through 2022
Table 18 : Global Market for Synthetic and Natural Waxes, by Region, Through 2022
Table 19 : Global Market for Synthetic Waxes, by Region, Through 2022
Table 20 : Global Market for Natural Waxes, by Region, Through 2022
Table 21 : North American Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 22 : North American Market for Synthetic Waxes, by Application, Through 2022
Table 23 : North American Market for Natural Waxes, by Application, Through 2022
Table 24 : North American Market Volume for Synthetic Waxes, by Country, Through 2022
Table 25 : North American Market for Synthetic Waxes, by Country, Through 2022
Table 26 : North American Market Volume for Natural Waxes, by Country, Through 2022
Table 27 : North American Market for Natural Waxes, by Country, Through 2022
Table 28 : Asia-Pacific Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 29 : Asia-Pacific Market for Synthetic Waxes, by Application, Through 2022
Table 30 : Asia-Pacific Market for Natural Waxes, by Application, Through 2022
Table 31 : Asia-Pacific Market Volume for Synthetic Waxes, by Country, Through 2022
Table 32 : Asia-Pacific Market for Synthetic Waxes, by Country, Through 2022
Table 33 : Asia-Pacific Market Volume for Natural Waxes, by Country, Through 2022
Table 34 : Asia-Pacific Market for Natural Waxes, by Country, Through 2022
Table 35 : European Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 36 : European Market for Synthetic Waxes, by Application, Through 2022
Table 37 : European Market for Natural Waxes, by Application, Through 2022
Table 38 : European Market Volume for Synthetic Waxes, by Country, Through 2022
Table 39 : European Market for Synthetic Waxes, by Country, Through 2022
Table 40 : European Market Volume for Natural Waxes, by Country, Through 2022
Table 41 : European Market for Natural Waxes, by Country, Through 2022
Table 42 : South American Market for Synthetic Waxes, by Application, Through 2022
Table 43 : South American Market for Natural Waxes, by Application, Through 2022
Table 44 : South American Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 45 : Middle East and Africa Market for Synthetic Waxes, by Application, Through 2022
Table 46 : Middle East and Africa Market for Natural Waxes, by Application, Through 2022
Table 47 : Middle East and Africa Market for Synthetic and Natural Waxes, by Type, Through 2022
Table 48 : Products of Arya Chem
Table 49 : Products of BASF SE
Table 50 : Development of BASF SE, 2014-2017
Table 51 : Products of Cargill
Table 52 : Products of Clariant
Table 53 : Product Details of Cosmic Petrochem
Table 54 : Product Details of Darent Wax
Table 55 : Developments of Darent Wax
Table 56 : Product Details of Deurex AG
Table 57 : Product Details of Deurex AG
Table 58 : Products of EPChem International
Table 59 : Product and Services of Frank B. Ross
Table 60 : Product Details of Green & Natural Group
Table 61 : Product Details Hengshui Yimei New Materials Technology
Table 62 : Product Details of Honeywell International
Table 63 : Development of Honeywell International
Table 64 : Product Details for Beeswax H1, Natural Wax of Hong Chang International
Table 65 : Product Details for Fisher Tropsch Waxes, Synthetic Wax of Hong Chang International
Table 66 : Product Details of Industrial Raw Materials
Table 67 : Product Details of IGI
Table 68 : Product Details of Kerax
Table 69 : Development Details of Kerax
Table 70 : Product Details of Koster Keunen
Table 71 : Partnership Details of Koster Keunen
Table 72 : Product Details of Lubrizol
Table 73 : Development Details of Lubrizol
Table 74 : Product Details of Michelman
Table 75 : Development Details of Michelman, 2014-2017
Table 76 : Products of Multiceras SA DE CV
Table 77 : Product Details of Poth Hille
Table 78 : Product Details of Sasol
Table 79 : Development Details of Sasol
Table 80 : Product Details of Shri Ram Son Wax
Table 81 : Product Details of Strahl & Pitsch
Table 82 : Applications of Vektan Trading
Table 83 : Product Details of Vektan Trading
Table 84 : Product Details of Westlake Chemical
Table 85 : Developments of Westlake Chemical
List of Figures
Summary Figure : Global Market for Synthetic and Natural Waxes, by Type, 2016-2022
Figure 1 : Synthetic and Natural Wax Value Chain
Figure 2 : Fischer-Tropsch Wax Production
Figure 3 : Global Market Volume Share of Synthetic Waxes, by Application, 2016
Figure 4 : Global Market Volume Share of Natural Waxes, by Application, 2016
Figure 5 : Drivers, Restraints and Opportunities of the Natural Wax Market
Figure 6 : Porter's Five Forces Analysis
Figure 7 : Global Market for Synthetic Waxes, by Category, 2016-2022
Figure 8 : Global Market Share of Homopolymer Waxes, by Type, 2016
Figure 9 : Global Market for Synthetic Waxes, by Application, 2016-2022
Figure 10 : Global Market for Natural Waxes, by Application, 2016-2022
Figure 11 : Global Cosmetics and Personal Care Market, 2015
Figure 12 : Key Growth Strategies Adopted by Players, 2014-2017
Figure 13 : Share of Participation in Key Growth Strategies, by Company, 2014-2017
Figure 14 : Financials of BASF SE, 2014-2016
Figure 15 : Financials of Honeywell International, 2014-2016
Figure 16 : Financial Details of Sasol, 2014-2016
Figure 17 : Financials of Westlake Chemical, 2014-2016
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