Global Food Grade Microcrystalline Wax Market Growth 2025-2031

The global Food Grade Microcrystalline Wax market size is predicted to grow from US$ 928 million in 2025 to US$ 1122 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

Food grade microcrystalline wax is obtained from heavy fractions of petroleum or solvent deasphalted oil of vacuum residue through solvent refining, deoiling, and then white clay or hydrorefining. It is suitable for protective coating of food, defoaming agent, surface treatment agent and chewing gum, bubble gum base production, etc.

Food-grade microcrystalline wax is mainly available in several grades such as 70#, 75#, 80#, 85#, and 90#. It is primarily used as a protective coating, defoaming agent, surface treatment agent, and wax for chewing gum materials in the food industry. The high-pressure hydrogenation refining process of food-grade microcrystalline wax involves several steps, including hydrogenation, compression, reaction, and distillation processes.

LP Information, Inc. (LPI) ' newest research report, the “Food Grade Microcrystalline Wax Industry Forecast” looks at past sales and reviews total world Food Grade Microcrystalline Wax sales in 2024, providing a comprehensive analysis by region and market sector of projected Food Grade Microcrystalline Wax sales for 2025 through 2031. With Food Grade Microcrystalline Wax sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Grade Microcrystalline Wax industry.

This Insight Report provides a comprehensive analysis of the global Food Grade Microcrystalline Wax landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Grade Microcrystalline Wax portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Food Grade Microcrystalline Wax market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Grade Microcrystalline Wax and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Grade Microcrystalline Wax.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Grade Microcrystalline Wax market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Laminating
Coating
Harding

Segmentation by Application:
Coating
Defoamer
Chewing Gum
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sinopec Nanyang Energy Chemical
Strahl & Pitsch
The International Group (IGI)
Kerax
Blended Waxes (BWI)
Taiwan Wax
Jingmen Weijia Industry
Fumei Biotechnology
SASOL

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food Grade Microcrystalline Wax market?

What factors are driving Food Grade Microcrystalline Wax market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food Grade Microcrystalline Wax market opportunities vary by end market size?

How does Food Grade Microcrystalline Wax break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.