Global Microcrystalline Wax Market 2024-2028

Global Microcrystalline Wax Market 2024-2028


The microcrystalline wax market is forecasted to grow by USD 60.6 mn during 2023-2028, accelerating at a CAGR of 3.27% during the forecast period. The report on the microcrystalline wax market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 in coating applications, increased demand for microcrystalline wax from personal care industry, and rising demand from automotive, packaging, and food industries.

Technavio's microcrystalline wax market is segmented as below:

By Application
  • Candle
  • Packaging
  • Rubber
  • Personal care
  • Others
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increasing demand from cosmetics and personal care industry as one of the prime reasons driving the microcrystalline wax market growth during the next few years. Also, development of new applications for microcrystalline wax in asphalt industry and expansion of production capacity will lead to sizable demand in the market.

The report on the microcrystalline wax market covers the following areas:
  • Microcrystalline wax market sizing
  • Microcrystalline wax market forecast
  • Microcrystalline wax market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microcrystalline wax market vendors that include Alfa Chemicals Ltd., Alpha Wax BV, Blended Waxes Inc., British Wax Ltd., Clarus Specialty Products LLC, Compania Espanola de Petroleos SA, DONGNAM PETROCHEMICALS, Hase Petroleum Wax Co., Industrial Raw Materials LLC., Koster Keunen Inc, NIPPON SEIRO CO. LTD., Paramelt Rmc BV, Sasol Ltd., Shandong Yanggu Huatai Chemical Co. Ltd., Sinopec nanyang energy chemical industry co. LTD, Sonneborn LLC, Strahl and Pitsch Inc., TAIWAN WAX COMPANY LTD., The International Group Inc., and UNICORN PETROLEUM INDUSTRIES PVT. LTD.. Also, the microcrystalline wax market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Microcrystalline Wax Market 2018 - 2022
Historic Market Size - Data Table on Global Microcrystalline Wax Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Candle - Market size and forecast 2023-2028
Chart on Candle - Market size and forecast 2023-2028 ($ million)
Data Table on Candle - Market size and forecast 2023-2028 ($ million)
Chart on Candle - Year-over-year growth 2023-2028 (%)
Data Table on Candle - Year-over-year growth 2023-2028 (%)
6.4 Packaging - Market size and forecast 2023-2028
Chart on Packaging - Market size and forecast 2023-2028 ($ million)
Data Table on Packaging - Market size and forecast 2023-2028 ($ million)
Chart on Packaging - Year-over-year growth 2023-2028 (%)
Data Table on Packaging - Year-over-year growth 2023-2028 (%)
6.5 Rubber - Market size and forecast 2023-2028
Chart on Rubber - Market size and forecast 2023-2028 ($ million)
Data Table on Rubber - Market size and forecast 2023-2028 ($ million)
Chart on Rubber - Year-over-year growth 2023-2028 (%)
Data Table on Rubber - Year-over-year growth 2023-2028 (%)
6.6 Personal care - Market size and forecast 2023-2028
Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Chart on Personal care - Year-over-year growth 2023-2028 (%)
Data Table on Personal care - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Blended Waxes Inc.
Blended Waxes Inc. - Overview
Blended Waxes Inc. - Product / Service
Blended Waxes Inc. - Key offerings
11.4 British Wax Ltd.
British Wax Ltd. - Overview
British Wax Ltd. - Product / Service
British Wax Ltd. - Key offerings
11.5 Clarus Specialty Products LLC
Clarus Specialty Products LLC - Overview
Clarus Specialty Products LLC - Product / Service
Clarus Specialty Products LLC - Key offerings
11.6 Industrial Raw Materials LLC.
Industrial Raw Materials LLC. - Overview
Industrial Raw Materials LLC. - Product / Service
Industrial Raw Materials LLC. - Key offerings
11.7 Koster Keunen Inc
Koster Keunen Inc - Overview
Koster Keunen Inc - Product / Service
Koster Keunen Inc - Key offerings
11.8 NIPPON SEIRO CO. LTD.
NIPPON SEIRO CO. LTD. - Overview
NIPPON SEIRO CO. LTD. - Product / Service
NIPPON SEIRO CO. LTD. - Key offerings
11.9 Paramelt Rmc BV
Paramelt Rmc BV - Overview
Paramelt Rmc BV - Product / Service
Paramelt Rmc BV - Key offerings
11.10 Sasol Ltd.
Sasol Ltd. - Overview
Sasol Ltd. - Business segments
Sasol Ltd. - Key news
Sasol Ltd. - Key offerings
Sasol Ltd. - Segment focus
11.11 Sonneborn LLC
Sonneborn LLC - Overview
Sonneborn LLC - Product / Service
Sonneborn LLC - Key offerings
11.12 Strahl and Pitsch Inc.
Strahl and Pitsch Inc. - Overview
Strahl and Pitsch Inc. - Product / Service
Strahl and Pitsch Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Microcrystalline Wax Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Application - Market share 2023-2028 (%)
Exhibits31: Data Table on Application - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Application
Exhibits33: Data Table on Comparison by Application
Exhibits34: Chart on Candle - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Candle - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Candle - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Candle - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Packaging - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Packaging - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Packaging - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Packaging - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Rubber - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Rubber - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Rubber - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Rubber - Year-over-year growth 2023-2028 (%)
Exhibits46: Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits47: Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits48: Chart on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits49: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits50: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits53: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits54: Market opportunity by Application ($ million)
Exhibits55: Data Table on Market opportunity by Application ($ million)
Exhibits56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits57: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits58: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits59: Chart on Geographic comparison
Exhibits60: Data Table on Geographic comparison
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits93: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits94: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits95: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits96: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits97: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits98: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits99: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits100: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits101: Market opportunity By Geographical Landscape ($ million)
Exhibits102: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits103: Impact of drivers and challenges in 2023 and 2028
Exhibits104: Overview on criticality of inputs and factors of differentiation
Exhibits105: Overview on factors of disruption
Exhibits106: Impact of key risks on business
Exhibits107: Companies covered
Exhibits108: Matrix on companies position and classification
Exhibits109: Blended Waxes Inc. - Overview
Exhibits110: Blended Waxes Inc. - Product / Service
Exhibits111: Blended Waxes Inc. - Key offerings
Exhibits112: British Wax Ltd. - Overview
Exhibits113: British Wax Ltd. - Product / Service
Exhibits114: British Wax Ltd. - Key offerings
Exhibits115: Clarus Specialty Products LLC - Overview
Exhibits116: Clarus Specialty Products LLC - Product / Service
Exhibits117: Clarus Specialty Products LLC - Key offerings
Exhibits118: Industrial Raw Materials LLC. - Overview
Exhibits119: Industrial Raw Materials LLC. - Product / Service
Exhibits120: Industrial Raw Materials LLC. - Key offerings
Exhibits121: Koster Keunen Inc - Overview
Exhibits122: Koster Keunen Inc - Product / Service
Exhibits123: Koster Keunen Inc - Key offerings
Exhibits124: NIPPON SEIRO CO. LTD. - Overview
Exhibits125: NIPPON SEIRO CO. LTD. - Product / Service
Exhibits126: NIPPON SEIRO CO. LTD. - Key offerings
Exhibits127: Paramelt Rmc BV - Overview
Exhibits128: Paramelt Rmc BV - Product / Service
Exhibits129: Paramelt Rmc BV - Key offerings
Exhibits130: Sasol Ltd. - Overview
Exhibits131: Sasol Ltd. - Business segments
Exhibits132: Sasol Ltd. - Key news
Exhibits133: Sasol Ltd. - Key offerings
Exhibits134: Sasol Ltd. - Segment focus
Exhibits135: Sonneborn LLC - Overview
Exhibits136: Sonneborn LLC - Product / Service
Exhibits137: Sonneborn LLC - Key offerings
Exhibits138: Strahl and Pitsch Inc. - Overview
Exhibits139: Strahl and Pitsch Inc. - Product / Service
Exhibits140: Strahl and Pitsch Inc. - Key offerings
Exhibits141: Inclusions checklist
Exhibits142: Exclusions checklist
Exhibits143: Currency conversion rates for US$
Exhibits144: Research methodology
Exhibits145: Information sources
Exhibits146: Data validation
Exhibits147: Validation techniques employed for market sizing
Exhibits148: Data synthesis
Exhibits149: 360 degree market analysis
Exhibits150: List of abbreviations

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