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The industrial wax market is forecasted to grow by USD 1.41 billion during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the industrial wax market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for industrial wax in coating applications, increased demand for industrial wax from personal care industry, and increasing industrial wax production capacity.
The industrial wax market is segmented as below:
By Product
- Fossil based waxes
- Synthetic based waxes
- Bio-based waxes
By End-user
- Candle manufacturing
- Cosmetic
- Packaging
- Coatings and polishes
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the industrial wax market covers the following areas:
- Industrial wax market sizing
- Industrial wax market forecast
- Industrial wax market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial wax market: American Fuel and Petrochemical Manufacturers, American Refining Group Inc., BASF SE, Blayson Group Ltd., Calumet Specialty Products Partners LP, Compania Espanola de Petroleos SA, Evonik Industries AG, Exxon Mobil Corp., Gandhar Oil Refinery India Ltd., HollyFrontier Corp., Honeywell International Inc., Indian Oil Corp. Ltd., Kerax Ltd., Lodha Petro, Numaligarh Refinery Ltd., Sasol Ltd., Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., Sonneborn LLC, and The International Group Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is industrial research and development activities."
According to the report, one of the major drivers for this market is the increased demand for industrial wax in coating applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Fuel and Petrochemical Manufacturers
- American Refining Group Inc.
- BASF SE
- Blayson Group Ltd.
- Calumet Specialty Products Partners LP
- Compania Espanola de Petroleos SA
- Evonik Industries AG
- Exxon Mobil Corp.
- Gandhar Oil Refinery India Ltd.
- HollyFrontier Corp.
- Honeywell International Inc.
- Indian Oil Corp. Ltd.
- Kerax Ltd.
- Lodha Petro
- Numaligarh Refinery Ltd.
- Sasol Ltd.
- Shell plc
- Sinopec Shanghai Petrochemical Co. Ltd.
- Sonneborn LLC
- The International Group Inc.
