Global Polyethylene Wax Market 2019: Leading Players Are WIWAX, The International Group Inc., SCG Chemicals Co. Ltd., Mitsui Chemicals Inc., Honeywell International Inc & Others

This Polyethylene Wax market research report is a careful investigation of current scenario of the market and future estimations which spans several market dynamics. This market report presents the best market and business solutions to chemicals&materials industry in this rapidly revolutionizing market place to thrive in the market. Market definition gives the scope of particular product with respect to the driving factors and restraints in the market. Competitor strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions can be utilized well by the chemicals&materials industry to take better steps for selling goods and services.

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Market share analysis and key trend analysis are the key accomplishing factors in this Polyethylene Wax market report. DBMR team provides you the Polyethylene Wax market research report with commitment that is promising and the way in which you anticipate. This helps you recognize how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Moreover, this Polyethylene Wax market report puts light on various strategies that are used by key players of the market. By thinking from the customer’s perspective, a team of researchers, forecasters, analysts and industry experts work carefully to formulate this Polyethylene Wax market report.

Market Analysis:

Global Polyethylene Wax Market was valued at an estimated USD 1.15 billion in 2018 and the market is expected to grow with a CAGR of 3.95% in the forecast period of 2019-2026, resulting in a projected rise to a value of USD 1.56 billion by 2026. The factor behind this rise in market value is the enhanced characteristics that are increasing the demand from various end-use industries.

Key Market Competitors:

Few of the major competitors currently working in the polyethylene wax market are WIWAX, The International Group Inc., SCG Chemicals Co. Ltd., Mitsui Chemicals Inc., Honeywell International Inc., Westlake Chemical Corporation, Clariant, BASF SE, MLA Group Of Industries, TRECORA RESOURCES, Euroceras Sp. z o.o., Innospec, The Lubrizol Corporation, Synergy Additives, Kerax Limited, Micro Powders Inc., DEUREX AG, michelman inc., SQI Group, LION CHEMTECH CO.LTD., ceronas GmbH & Co.KG, ALTANA, Cosmic Petrochem Private Limited, Brenntag Pte. Ltd. and Qingdao Bouni Chemical Co. Ltd.

Competitive Analysis:

Global polyethylene wax market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of polyethylene wax market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Drivers:
High amount of characteristics such as resistance to moisture and grease, easy molding capabilities resulting in enhanced end-products that utilize polyethylene wax is expected to act as a driver for the market growth
High growth of the end-users like packaging industry, printing industry subsequently resulting in the increased demand for the product is expected to act as a driver for the market growth

Market Restraints:
Growth in adoption of available substitutes to the product is expected to act as a restraint to the market growth
Vulnerable and fluctuating prices of crude oil resulting in variations of prices of ethylene that is used in the production of polyethylene wax is expected to act as a restraint to the market growth

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Segmentation: Global Polyethylene Wax Market
By Type
High Density Polyethylene Wax
Low Density Polyethylene Wax
Oxidized Polyethylene Wax
Micronized Polyethylene Wax
Others
Acid-Modified Polyethylene Wax
By Form
Pellets
Powders
Flakes
By Process
Polymerization
Modification
Thermal Cracking
By Application
Plastic Processing
Hot-Melt Adhesive
Ink & Coating Industry
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:
In December 2016, Brenntag Pte. Ltd. announced that they had completed the acquisition of EPChem. With the completion of this acquisition Brenntag Pte. Ltd. enhanced their distribution capabilities for wax and wax additives in Asia-Pacific region.
In June 2016, TRECORA RESOURCES announced that they had initiated the production of specialty waxes and wax additives at the plant they acquired from BASF SE, situated in Texas, United States. With this step, the production capabilities of TRECORA have increased significantly resulting in enhanced revenue streams

Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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