Polyethylene Wax Market Top Players: BASF, Honeywell International, The Lubrizol Corporation, Clariant, Euroceras, Mitsui Chemicals

Market Overview:

According to Market Prognosis, the Global Polyethylene Wax Market is accounted for $1.08 billion in 2017 and expected to grow at a CAGR of 5.3% to reach $1.72 billion by 2026. Increasing demand for polyvinyl chloride production, rising polyethylene wax usage in various applications such as plastic processing, hot-melt adhesive, ink & coating, and others, growth in shale gas developments are some of the key factors favouring the market growth. Moreover, growing usage in plastic processing and hot-melt adhesives in road marking application is one of the major opportunities during the forecast period. However, volatile raw material prices and limited investment in new product development are restricting the growth of the market.

Polyethylene Wax, also known as PE Wax, is an ultra low molecular weight polyethylene consisting of ethylene monomer chains. PE Wax can be manufactured from ethylene monomer, degraded from higher molecular weight polyethylene or recovered and refined from polyethylene resin production. PE waxes are typically used as additives to modify properties of compounds in a wide variety of applications.PE wax can have a range of densities, viscosity and melt points depending on the linearity and chain length of the backbone ethylene chain.

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Top Industry Players:

Some of the key players in global Polyethylene Wax market include BASF, Honeywell International, The Lubrizol Corporation, Clariant, Euroceras, Mitsui Chemicals, Innospec Inc., Westlake Chemical Corporation, Trecora Resources, SCG Group, SQI Group, Synergy Additives, Wiwax, Qingdao Bouni Chemical and Paramelt

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Market Segments:

• By Process, the modification segment acquired significant share as it is used for acid-modified, particular monomer, copolymer manufacturing. By Type, high density polymerized wax segment has commanded considerable share due to utilization of wax in textile industry, as a lubricant for plastics processing and offers low melt viscosity and compatibility.
• By Geography, Asia Pacific region dominated the largest market growth due to shale gas production in china, increasing government spending, well-established infrastructure coupled with a huge number of manufacturers, rapid industrialization and rising end-user industries such as packaging, coating, adhesives, printing ink, and cosmetics sales in countries such as China, US, Vietnam, India and other Southeast Asian countries.

Products Covered:
• Oxidized PE Wax
• High Density Polymerized PE Wax
• Low Density Cracked
• Acid-Modified
• Low Density Polymerized PE Wax
• Other Products

Process Covered:
• Modification
• Thermal Cracking
• Polymerization

Applications Covered:
• Printing ink s & Coating Industry
• Plastic Processing
• Hot-Melt Adhesive
• Wood & Fire logs
• Master batches
• Packaging
• Cosmetics
• Rubber
• Candles

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This release was published on openPR.