Global Wax Emulsion Market, 2014-2024

Global Wax Emulsion Market, 2014-2024

Wax emulsion is stable water immiscible mixtures of one or more waxes. The process emulsification used for preparation of wax emulsion. Waxes are usually immiscible with water. The surfactants are added to make them miscible. Waxes have a significant impact on several formulations and processes. It offers lubrication along with abrasion resistance, anti-blocking, matting, and water repellency properties to the resulting product. The waxes categories as natural or synthetic. The natural waxes include beeswax, carnauba, whereas synthetic waxes include paraffin wax, amide wax, polyethylene wax, polypropylene wax, and montan wax. The different surfactants are used to emulsify waxes includes, anionic, cationic or non-ionic. The non-ionic surfactants as fatty alcohol ethoxylates are most preferable due to their superb stability against hard water, pH-shock and electrolytes.

Wax emulsions are widely used in end user industry application such as paint & coating adhesives & sealant, cosmetics & personal care, printing inks & lacquers, leather and textiles, paper, wood, metal, polishes, glass fiber sizing, glass bottle protection among other things.

The global wax emulsion market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global wax emulsion market is growing at a fast pace and increasing its geographical footprint rapidly. The global wax emulsion market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due the increasing demand from the end user industries such as paints & coatings and adhesives & sealants. Also, the labor is easily available and cost-effective drive the market drives the wax emulsion market in this region. The major growth driver for wax emulsion market globally is due to rise consumption by end user industry such as paint & coating, building and construction. In addition, the synthetic polyethylene wax emulsion is the most leading type of wax emulsion used ink formulations, cable wires, and other applications ,which drive market globally. Moreover, durability, wear resistance, and long life is the major factors behind rising demand of wax emulsion market globally.

Wax emulsion enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of wax emulsion market globally. The companies that lead global wax emulsion market are BASF SE, Nippon Seiro Co. Ltd., Altana AG, Sasol Limited, DowDuPont, Exxon Mobil Corporation, Danquinsa GmbH, Repsol S.A., Wacker Chemie AG, H&R GROUP, Hexion, Michelman, and The Lubrizol Corporation.

Research Methodology

The research process includes the market segmentation of the global wax emulsion market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global wax emulsion market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (30%), Asia (45%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global wax emulsion industry dynamics
Estimation of the present global wax emulsion market size in terms of value and volume
Global wax emulsion market breakup based on type application.
Verified global wax emulsion market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global wax emulsion industry value chain.