Polyethylene Wax Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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from $4,995	360 Pages	Fairfield Market Research	December, 2023	FCSL18370105

Best Price Guarantee
Price	from $4,995
Length	360 Pages
Publisher	Fairfield Market Research
Published Date	December, 2023
SKU	FCSL18370105

Polyethylene Wax Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global polyethylene wax (PE) market is poised for continuous expansion, with projected sales of US$ 990 million in 2024. The market is anticipated to reaching a valuation of US$ 1600 million by the end of 2031, according to the latest market report by Fairfield Market Research.

Understanding Polyethylene Wax

Polyethylene wax is a versatile product with applications in various end formulations, enhancing physical appearance and thermal properties in products such as hot melt adhesives, PVC, color masterbatches, rubber, thermoplastics, road marking materials, and more. Its superior properties make it a valuable component in industries such as packaging, pharmaceuticals, plastics, rubber, cosmetics, candles, sealants, adhesives, and others.

Key Market Drivers

Growing Demand for Polyethylene Wax Emulsions

Polyethylene wax emulsions are long-lasting softeners, often used in the textile industry. These emulsions provide consistent softening, resist acids and other chemicals, and are gentle on fabrics without causing yellowing, chlorine retention, or color change. The textile industry's extensive use of polyethylene wax emulsions is expected to drive market growth.

Increasing Popularity of Online Sales

The polyethylene wax market is benefiting from the growing trend of online marketing and sales. The Internet, particularly through social media platforms, has become a significant source of product awareness and promotion, contributing to increased demand for polyethylene wax.

Market Challenges

Emergence of Substitute Products

Substitute products like polypropylene wax, polyamide wax, fisher tropsch wax, and others pose a challenge to the growth of the polyethylene wax market. These substitutes offer different properties and viscosities, which can impact market dynamics.

U.S. Market Outlook

The United States is expected to remain a prominent player in the global polyethylene wax industry, with significant production and consumption. The presence of key manufacturers in various industries, such as paints and coatings, adhesives, plastics and rubber, positions the U.S. as a major consumer of synthetic wax.

Indonesia's Significance

Indonesia's strong textile and apparel industry is driving the consumption of polyolefin wax. Additionally, the country's petroleum industry's development is boosting polyethylene wax production.

Key Application Segment

Polyethylene wax is substantially used in the plastics and rubber industries due to its applications as a smoothening agent, performance additive for hot melt adhesives, lubrication and processing aid for plastics, PVC, and rubber, and as a dry stir-in additive for inks, among others.

Competitive Landscape

Leading polyethylene wax manufacturers are expanding their production capacities and exploring emerging markets to increase their global market share. They are also focusing on innovation and product development to meet the growing demand from various end-use sectors.

Key Companies in the Polyethylene Wax Market
• Innospec Inc.
• BASF SE
• Mitsui Chemicals America, Inc.
• Clariant International
• Honeywell International
• Trecora Resources
• EUROCERAS
• Westlake Chemical Corporation
• The Lubrizol Corporation
• Allied Signal
• Qingdao Haihao Chemical Co., Ltd.
• Prizm Marketing Inc.
• Yimei New Material Technology Co., Ltd.
• National Organic Chemicals Ltd. (NOCIL)
• Indian Petrochemical Corporation Ltd.

Key Segments Covered in Polyethylene Wax Industry Research

PE Wax Market by Product Form:
• Flakes/Prills
• Powder
• Paste/Gels

PE Wax Market by Production Process:
• Polymerization
HDPE Type
LDPE Type
Modified PE Wax
• Thermal Degradation
LDPE Cracked Type
PP Cracked Type

PE Wax Market by Application:
• Candles
• Plastics & Rubber
• Paints & Coatings
• Printing Inks
• Adhesives
• Others

PE Wax Market by Region:
• North America PE Wax Market
• Latin America PE Wax Market
• Europe PE Wax Market
• East Asia PE Wax Market
• South Asia & Pacific PE Wax Market
• Middle East & Africa PE Wax Market

Please note: The PDF e-mail from publisher version of this report is for a global site license. Delivery Timelines - 5 working days.

1. Executive Summary: 1.1. Global Polyethylene Wax Market Snapshot; 1.2. Future Projections; 1.3. Key Market Trends; 1.4. Regional Snapshot, by Value, 2023; 1.5. Analyst Recommendations
2. Market Overview: 2.1. Market Definitions and Segmentations; 2.2. Market Dynamics; 2.2.1. Drivers; 2.2.2. Restraints; 2.2.3. Market Opportunities; 2.3. Value Chain Analysis; 2.4. Porter’s Five Forces Analysis; 2.5. COVID-19 Impact Analysis; 2.5.1. Supply; 2.5.2. Demand; 2.6. Impact of Ukraine-Russia Conflict; 2.7. Economic Overview; 2.7.1. World Economic Projections; 2.8. PESTLE Analysis
3. Global Polyethylene Wax Market Outlook, 2018 – 2031: 3.1. Global Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 3.1.1. Key Highlights; 3.1.1.1. Flakes/Prills; 3.1.1.2. Powder; 3.1.1.3. Paste/Gels; 3.2. Global Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 3.2.1. Key Highlights; 3.2.1.1. Polymerization; 3.2.1.1.1. HDPE Type; 3.2.1.1.2. LDPE Type; 3.2.1.1.3. Modified PE Wax; 3.2.1.2. Thermal Degradation; 3.2.1.2.1. LDPE Cracked Type; 3.2.1.2.2. PP Cracked Type; 3.3. Global Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 3.3.1. Key Highlights; 3.3.1.1. Candles; 3.3.1.2. Plastics & Rubber; 3.3.1.3. Paints & Coatings; 3.3.1.4. Printing Inks; 3.3.1.5. Adhesives; 3.3.1.6. Others; 3.4. Global Polyethylene Wax Market Outlook, by Region, Value (US$ Mn), 2018 – 2031; 3.4.1. Key Highlights; 3.4.1.1. North America; 3.4.1.2. Europe; 3.4.1.3. Asia Pacific; 3.4.1.4. Latin America; 3.4.1.5. Middle East & Africa
4. North America Polyethylene Wax Market Outlook, 2018 – 2031: 4.1. North America Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 4.1.1. Key Highlights; 4.1.1.1. Flakes/Prills; 4.1.1.2. Powder; 4.1.1.3. Paste/Gels; 4.2. North America Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 4.2.1. Key Highlights; 4.2.1.1. Polymerization; 4.2.1.1.1. HDPE Type; 4.2.1.1.2. LDPE Type; 4.2.1.1.3. Modified PE Wax; 4.2.1.2. Thermal Degradation; 4.2.1.2.1. LDPE Cracked Type; 4.2.1.2.2. PP Cracked Type; 4.3. North America Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 4.3.1. Key Highlights; 4.3.1.1. Candles; 4.3.1.2. Plastics & Rubber; 4.3.1.3. Paints & Coatings; 4.3.1.4. Printing Inks; 4.3.1.5. Adhesives; 4.3.1.6. Others; 4.3.2. BPS Analysis/Market Attractiveness Analysis; 4.4. North America Polyethylene Wax Market Outlook, by Country, Value (US$ Mn), 2018 – 2031; 4.4.1. Key Highlights; 4.4.1.1. U.S. Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 4.4.1.2. U.S. Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 4.4.1.3. U.S. Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 4.4.1.4. Canada Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 4.4.1.5. Canada Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 4.4.1.6. Canada Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Polyethylene Wax Market Outlook, 2018 – 2031: 5.1. Europe Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 5.1.1. Key Highlights; 5.1.1.1. Flakes/Prills; 5.1.1.2. Powder; 5.1.1.3. Paste/Gels; 5.2. Europe Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 5.2.1. Key Highlights; 5.2.1.1. Polymerization; 5.2.1.1.1. HDPE Type; 5.2.1.1.2. LDPE Type; 5.2.1.1.3. Modified PE Wax; 5.2.1.2. Thermal Degradation; 5.2.1.2.1. LDPE Cracked Type; 5.2.1.2.2. PP Cracked Type; 5.3. Europe Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 5.3.1. Key Highlights; 5.3.1.1. Candles; 5.3.1.2. Plastics & Rubber; 5.3.1.3. Paints & Coatings; 5.3.1.4. Printing Inks; 5.3.1.5. Adhesives; 5.3.1.6. Others; 5.3.2. BPS Analysis/Market Attractiveness Analysis; 5.4. Europe Polyethylene Wax Market Outlook, by Country, Value (US$ Mn), 2018 – 2031; 5.4.1. Key Highlights; 5.4.1.1. Germany Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.2. Germany Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.3. Germany Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.4. U.K. Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.5. U.K. Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.6. U.K. Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.7. France Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.8. France Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.9. France Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.10. Italy Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.11. Italy Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.12. Italy Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.13. Turkey Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.14. Turkey Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.15. Turkey Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.16. Russia Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.17. Russia Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.18. Russia Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.1.19. Rest of Europe Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 5.4.1.20. Rest of Europe Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 5.4.1.21. Rest of Europe Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Polyethylene Wax Market Outlook, 2018 – 2031: 6.1. Asia Pacific Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 6.1.1. Key Highlights; 6.1.1.1. Flakes/Prills; 6.1.1.2. Powder; 6.1.1.3. Paste/Gels; 6.2. Asia Pacific Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 6.2.1. Key Highlights; 6.2.1.1. Polymerization; 6.2.1.1.1. HDPE Type; 6.2.1.1.2. LDPE Type; 6.2.1.1.3. Modified PE Wax; 6.2.1.2. Thermal Degradation; 6.2.1.2.1. LDPE Cracked Type; 6.2.1.2.2. PP Cracked Type; 6.3. Asia Pacific Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 6.3.1. Key Highlights; 6.3.1.1. Candles; 6.3.1.2. Plastics & Rubber; 6.3.1.3. Paints & Coatings; 6.3.1.4. Printing Inks; 6.3.1.5. Adhesives; 6.3.1.6. Others; 6.3.2. BPS Analysis/Market Attractiveness Analysis; 6.4. Asia Pacific Polyethylene Wax Market Outlook, by Country, Value (US$ Mn), 2018 – 2031; 6.4.1. Key Highlights; 6.4.1.1. China Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.2. China Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.3. China Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.1.4. Japan Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.5. Japan Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.6. Japan Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.1.7. South Korea Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.8. South Korea Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.9. South Korea Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.1.10. India Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.11. India Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.12. India Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.1.13. Southeast Asia Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.14. Southeast Asia Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.15. Southeast Asia Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.1.16. Rest of Asia Pacific Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 6.4.1.17. Rest of Asia Pacific Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 6.4.1.18. Rest of Asia Pacific Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Polyethylene Wax Market Outlook, 2018 – 2031: 7.1. Latin America Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 7.1.1. Key Highlights; 7.1.1.1. Flakes/Prills; 7.1.1.2. Powder; 7.1.1.3. Paste/Gels; 7.2. Latin America Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 7.2.1. Key Highlights; 7.2.1.1. Polymerization; 7.2.1.1.1. HDPE Type; 7.2.1.1.2. LDPE Type; 7.2.1.1.3. Modified PE Wax; 7.2.1.2. Thermal Degradation; 7.2.1.2.1. LDPE Cracked Type; 7.2.1.2.2. PP Cracked Type; 7.3. Latin America Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 7.3.1. Key Highlights; 7.3.1.1. Candles; 7.3.1.2. Plastics & Rubber; 7.3.1.3. Paints & Coatings; 7.3.1.4. Printing Inks; 7.3.1.5. Adhesives; 7.3.1.6. Others; 7.3.2. BPS Analysis/Market Attractiveness Analysis; 7.4. Latin America Polyethylene Wax Market Outlook, by Country, Value (US$ Mn), 2018 – 2031; 7.4.1. Key Highlights; 7.4.1.1. Brazil Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 7.4.1.2. Brazil Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 7.4.1.3. Brazil Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 7.4.1.4. Mexico Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 7.4.1.5. Mexico Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 7.4.1.6. Mexico Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 7.4.1.7. Argentina Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 7.4.1.8. Argentina Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 7.4.1.9. Argentina Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 7.4.1.10. Rest of Latin America Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 7.4.1.11. Rest of Latin America Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 7.4.1.12. Rest of Latin America Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Polyethylene Wax Market Outlook, 2018 – 2031: 8.1. Middle East & Africa Polyethylene Wax Market Outlook, by Product Form, Value (US$ Mn), 2018 – 2031; 8.1.1. Key Highlights; 8.1.1.1. Flakes/Prills; 8.1.1.2. Powder; 8.1.1.3. Paste/Gels; 8.2. Middle East & Africa Polyethylene Wax Market Outlook, by Production Process, Value (US$ Mn), 2018 – 2031; 8.2.1. Key Highlights; 8.2.1.1. Polymerization; 8.2.1.1.1. HDPE Type; 8.2.1.1.2. LDPE Type; 8.2.1.1.3. Modified PE Wax; 8.2.1.2. Thermal Degradation; 8.2.1.2.1. LDPE Cracked Type; 8.2.1.2.2. PP Cracked Type; 8.3. Middle East & Africa Polyethylene Wax Market Outlook, by Application, Value (US$ Mn), 2018 – 2031; 8.3.1. Key Highlights; 8.3.1.1. Candles; 8.3.1.2. Plastics & Rubber; 8.3.1.3. Paints & Coatings; 8.3.1.4. Printing Inks; 8.3.1.5. Adhesives; 8.3.1.6. Others; 8.3.2. BPS Analysis/Market Attractiveness Analysis; 8.4. Middle East & Africa Polyethylene Wax Market Outlook, by Country, Value (US$ Mn), 2018 – 2031; 8.4.1. Key Highlights; 8.4.1.1. GCC Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 8.4.1.2. GCC Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 8.4.1.3. GCC Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 8.4.1.4. South Africa Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 8.4.1.5. South Africa Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 8.4.1.6. South Africa Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 8.4.1.7. Egypt Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 8.4.1.8. Egypt Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 8.4.1.9. Egypt Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 8.4.1.10. Nigeria Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 8.4.1.11. Nigeria Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 8.4.1.12. Nigeria Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 8.4.1.13. Rest of Middle East & Africa Polyethylene Wax Market by Product Form, Value (US$ Mn), 2018 – 2031; 8.4.1.14. Rest of Middle East & Africa Polyethylene Wax Market by Production Process, Value (US$ Mn), 2018 – 2031; 8.4.1.15. Rest of Middle East & Africa Polyethylene Wax Market by Application, Value (US$ Mn), 2018 – 2031; 8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape: 9.1. By Application vs by Production Process Heat map; 9.2. Manufacturer vs by Production Process Heatmap; 9.3. Company Market Share Analysis, 2023; 9.4. Competitive Dashboard; 9.5. Company Profiles; 9.5.1. Innospec Inc.; 9.5.1.1. Company Overview; 9.5.1.2. Product Portfolio; 9.5.1.3. Financial Overview; 9.5.1.4. Business Strategies and Development; 9.5.2. BASF SE; 9.5.3. Mitsui Chemicals America, Inc.; 9.5.4. Clariant International; 9.5.5. Honeywell International; 9.5.6. Trecora Resources; 9.5.7. EUROCERAS; 9.5.8. Westlake Chemical Corporation; 9.5.9. The Lubrizol Corporation; 9.5.10. Allied Signal; 9.5.11. Qingdao Haihao Chemical Co., Ltd.; 9.5.12. Prizm Marketing Inc.; 9.5.13. Yimei New Material Technology Co., Ltd.; 9.5.14. National Organic Chemicals Ltd., (NOCIL); 9.5.15. Indian Petrochemical Corporation Ltd.
10. Appendix: 10.1. Research Methodology; 10.2. Report Assumptions; 10.3. Acronyms and Abbreviations

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