Global Polyethylene Wax Market is Expected to Grow at 4.9% in the Forecast Period of 2020 to 2027

Global Polyethylene Wax Market is to growing at 4.9% with factors such as increasing consumption of polyethylene wax in the coating industry.

Polyethylene wax market has shown an exceptional penetration in countries such as U.S., Germany and China. Growing usage of polyethylene wax is increasing the penetration in developed countries. In developing countries, increasing application of synthetic wax for improvement of foamed bitumen parameters is creating opportunity for the global polyethylene wax market.

Global Polyethylene Wax Market Scenario

According to Data Bridge Market Research the market for polyethylene wax in Asia-Pacific region has the highest market share followed by North America and Europe Market leader are BASF SE, SCG and Honeywell International which accounts an estimated market share of approximately 35% to 38% in the Asia-Pacific. The company has gained outstanding sale through their wide range of polyethylene wax that have wide range of application in ink sector.

  • In May 2020, BASF SE entered into the partnership with DiDi in order to aim the standardization in the painting process. The partnership helps in enhancing business sales as well as maximizes the goodwill of the business.
  • In September 2019, SCG Chemicals Co. Ltd. entered into partnership with MAHIDOL in order to open up the musc innovation research center. The partnership helps in increasing the goodwill of the business as well as generates revenue of the business.

Polyethylene Wax MarketTrends Impacting the Market

Now the question is which other regions BASF SE, SCG and Honeywell International are targeting? Data Bridge Market Research has forecast a large growth in Asia-Pacific polyethylene wax market and the market leaders targeting China and India to be their next revenue pockets for 2020.

The polyethylene wax market is becoming more competitive every year with companies such as basf se, scg and honeywell International as they are the market leaders for polyethylene wax market. The data bridge market research new reports highlight the major growth factors and opportunities in the polyethylene wax market.

For more analysis on the polyethylene wax market request for a briefing with our analysts

Global Polyethylene Wax Market Development

  • In May 2020, BASF SE had launched new polyphenylsulfone Ultrason which provides consumers new variety of dishes and bowls which are mainly used in the Japanese schools. The product launch helps in increasing the customer base of the company and generates revenue of the business.

Scope of the Global Polyethylene Wax Market

Polyethylene wax market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Russia, Belgium, Netherlands, Switzerland, Turkey, Rest of Europe, China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Singapore, Thailand, Malaysia, Philippines, Hong Kong, Taiwan, Vietnam, Rest of Asia-Pacific Saudi Arabia, UAE, Israel, South Africa, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

  • All country based analysis of polyethylene wax market is further analyzed based on further segmentation. On the basis of type, the market is segmented into polymerization type, modified type, thermally cracking type and others. On the basis of form, the market is segmented into powder, granules, flakes, pastilles, micronized waxes and aqueous wax emulsions. On the basis of raw material, the market is segmented into ethylene, low-density polyethylene and polypropylene. On the basis of grade, the market is segmented into emulsifiable and non-emulsifiable. On the basis of production proces, the market is segmented into high-pressure polymerization, synthesis by the ziegler-natta method, thermal degradation process of polyethylene, oxidation of synthetic waxes, walter-reppe synthesis, metallocene process and others.

To know more about the study

Key Pointers Covered in Global Polyethylene Wax Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • The Lubrizol Corporation
  • Honeywell International
  • SCG
  • Westlake Chemical Corporation
  • Innospec
  • Baker Hughes, a GE company LLC
  • Formosa Plastics Corporation
  • Mitsui Chemicals, Inc
  • Clariant
  • Linvest GmbH
  • Qingdao Bouni Chemical Co., Ltd 
  • euroceras Sp. z o.o
  • The International Group, Inc
  • Lion Chemtech Co., Ltd
  • SQI Group
  • ceronas GmbH & Co. KG

Above are the key players covered in the report, to know about more and exhaustive list of polyethylene wax companies, contact us

Research Methodology: Global Polyethylene Wax Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Ink Industry, Coating Industry, Textile Industry
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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