Global Wax (Mineral, Synthetic, Natural) Market Analysis and Segment Forecasts, 2014-2017 & 2025 – ResearchAndMarkets.com

January 30, 2018

DUBLIN–(BUSINESS WIRE)–The "Wax
Market Analysis By Product (Mineral Wax, Synthetic Wax, natural Wax), By
Application (Candles, Packaging, Rubber, Cosmetics, Fire Logs,
Adhesives), By Region, And Segment Forecasts, 2014 – 2025"
report has been added to ResearchAndMarkets.com's
offering.

The global wax market is expected to reach USD 12.9 billion by 2025, and
is expected to grow at a CAGR of 3.7% from 2017 to 2025

Rising demand for the product owing to its superior properties including
high gloss, non-toxicity, good water repellency and outstanding chemical
resistance is anticipated to augment the industry size over the forecast
period.

The growing consumption of synthetic wax as it offers various properties
such as thermal degradation resistance, high temperature stability and
good heat resistance is likely to increase its demand in creams, eye
make-ups and lipsticks in cosmetics applications.

Natural wax has been emerging as a potential mineral and synthetic wax
alternative on account of its ability to provide luster and excellent
oil retention coupled with environment friendly nature. High
scuff-resistant toughness and melting point, and chemical stability of
the product as a substitute to paraffin, microcrystalline and
polyethylene waxes is expected to witness promising gains over the
upcoming years.

The candles accounted for 36.01% of the overall revenue share in 2016
and is expected to witness growth owing to high usage of the product are
as gift items for various occasions, including house warming gifts,
adult birthday party gifts as well as thank you and dinner/hostess party
gifts. The increasing demand for blended, palm and soy waxes in candles
industry is expected to augment the overall wax consumption in the near
future.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Wax Market Variables, Trends & Scope

Chapter 4 Wax Market: Product Estimates & Trend Analysis

Chapter 5 Wax Market: Application Estimates & Trend Analysis

Chapter 6 Wax market: Regional Estimates & Trend Analysis

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

  • Sinopec Corp.
  • China National Petroleum Corporation
  • HollyFrontier Corporation
  • BP P.L.C.
  • Nippon Seiro Co. Ltd.
  • Baker Hughes Incorporated
  • ExxonMobil Corporation
  • Sasol NA Limited
  • International Group Incorporated
  • Evonik Industries AG
  • BASF SE
  • Dow Corning Corporation
  • Honeywell International Incorporated
  • Royal Dutch Shell Plc.
  • Mitusi Chemicals

For more information about this report visit https://www.researchandmarkets.com/research/2kjl2g/global_wax?w=4

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Related
Topics: Wax