Global Polyethylene Wax Market has been Driven the Increased Usage of Polyethylene Wax in Packaging and Increased Usage of Polyethylene Wax as Smoothing Agent in Textiles in the forecast period of 2019 to 2026

Global Polyethylene Wax Market is projected to register a steady CAGR of 4.8% in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Access Full Report at https://www.databridgemarketresearch.com/reports/global-polyethylene-wax-market

DriversGlobal Polyethylene Wax Market

  • Increased usage of polyethylene wax in packaging
  • Increased usage of polyethylene wax as smoothing agent in textiles

Restraints:

  • Presence of multiple substitutes
  • Trade war between the U.S. and China

Opportunity:

  • Application of synthetic wax for improvement of foamed bitumen parameters

Challenge:

  • Low refinery operating rates in developed countries is shrinking wax production

Market Trends:

Global polyethylene wax market is segmented into five notable segments which are type, form, raw material, grade and production process.

  • On the basis of type, the market is segmented into polymerization type, modified type, thermally cracking type, others. In 2019, polymerization type segment is expected to dominate the market with the largest market share as the polymerization of ethylene is the most preferred process in making polyethylene wax among the top manufacturers.
  • On the basis of form, the market is segmented into powder, granules, flakes, pastilles, micronized waxes, aqueous wax emulsions.
  • On the basis of raw material, the market is segmented polypropylene, ethylene, low-density polyethylene. In 2019, ethylene segment is expected to dominate the market with the largest market share because ethylene is the major raw material in manufacturing polyethylene wax as compared to other raw material.
  • On the basis of grade, the market is segmented into emulsifiable, non-emulsifiable.
  • On the basis of production process, 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, others. In 2019, high-pressure polymerization segment is expected to dominate the market with the largest market share because during the process of polymerization it controls the molecular weight of the polyethylene wax at high pressure which makes the processing very easier and accurate.

Key Market Players: Global Polyethylene Wax Market

The key market players for global polyethylene wax market are BASF SE, SCG Chemicals Co., Ltd., Honeywell International, Inc, Clariant, Mitsui Chemicals, Inc., Innospec, The Lubrizol Corporation, Baker Hughes, a GE company LLC, Westlake Chemical Corporation, ceronas GmbH & Co. KG, COSCHEMCO.,LTD, DEUREX AG, euroceras Sp. z o.o., Formosa Plastics Corporation, U.S.A., Linvest GmbH, Lion Chemtech Co., Ltd., Qingdao Bouni Chemical Co., Ltd, SQI Group, TRECORA RESOURCES, The International Group, Inc. and WIWAX.