Wax Emulsion Market In-Depth Analysis to 2023: Global Leading Players - BASF SE, NIPPON SEIRO CO. LTD., ALTANA, The Dow Chemical Company, Exxon Mobil Corporation, Sasol Limited, The Lubrizol Corporation, Danquinsa GmbH, Momentive

Market Overview:

Market Research Future (MRFR) has published a detailed study report giving out the market forecast for the period 2017 – 2023. In its analysis, MRFR asserts that the global Wax Emulsion market is expected to demonstrate a voluminous growth by 2023, registering a striking CAGR during the forecasted period.

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Wax Emulsion Market is increasingly gaining momentum owing to the properties these emulsions offer to various products such as lubricating glide finish along with resistance to water & hence abrasion, anti-blocking, matting, and water repellence. For instance; wax emulsion applied on the wood panels not only protects it but also enhances it aesthetic appearances.

In addition, factors that drive the market growth include; increasing textile manufacturing units in the developing markets. Moreover, factors such as augmenting demand for waterproof automotive components worldwide coupled with the increasing construction & infrastructure development activities globally, are providing impetus to the market growth to an extent. These same trends would foster the market growth over the assessment period as well.

Intended Audience:

• Wax Emulsion Market Manufacturers
• Traders and Distributors of Wax Emulsion Market
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

Industry Related News:

January 12, 2018 – Argosy Private Equity (US) announced the successful completion of the sale of its business U∙C Coatings LLC, manufactures a complementary portfolio of proprietary specialty coatings & branded products are an industry leading line of wax-based, emulsion

Competitive Landscape:

Manufacturers operating in this highly competitive market strive to deliver the best quality, reliable and consistent pure high-quality products based on innovative technologies. They also strive to build the ability to tailor products with the requested specifications such as customized/bulk packaging and special requirements. Product launch, M&A activities, collaboration remain key strategies of the market players to churn the competitive advantages.

Segmentation:

The Global Wax Emulsion Market is segmented into the material base, type, and application.

On the Basis of Material Base, the market is segregated into natural and synthetic segments. The market by type is further categorized into polyethylene, paraffin, carnauba, and polypropylene segments.

The market by application is further categorized into paints & coatings, adhesives & sealants, cosmetics, textiles, and others

Segment - paints & coatings by application, is estimated to expand significantly on account of the latest trend in the industry, replacing solvents with Wax Emulsion owing to their ability to act as a ant-setting & matting mixtures.

Segment - textile industry on the other hand, is predicted to grow at a rapid rate owing to the extensive use of the product in fabrication to give the aesthetic appearance to the end product.

Regional Analysis:

Asia Pacific market of Wax Emulsion is expected to grow with the fastest CAGR over the forecast period owing to the augmented uptake of the product in some burgeoning industries like textile, paints & coatings, cosmetics, adhesives & sealants, & etc. in some of the APAC economies like India, Japan & China. Furthermore, factors such as availability of low cost raw material, land and moderately regulatory framework are contributing to the growth of the regional market.

European countries such as Italy, Spain, the UK, and Germany are expected to be the prominent consumer markets due to the increasing expenditure on innovation and growing purchasing power of consumers.

North America is estimated to witness a significant growth in the Wax Emulsion market owing to the increased uptake of the product in cosmetics & packaging sectors. Moreover, rising investments from the end-use industries are likely to drive the regional market during the assessment period.

Global Key Players:

NIPPON SEIRO CO. LTD. (Japan), BASF SE (Germany), ALTANA (Germany), The Dow Chemical Company (US), Sasol Limited (South Africa), Exxon Mobil Corporation (US), The Lubrizol Corporation (US), Danquinsa GmbH (Germany), Momentive (US), and Michelman, Inc. (US).

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About Market Research Future:

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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