openPR Logo
Press release

Microcrystalline Wax Market to Reach US$ 1.1 Bn by the end of 2026

10-04-2022 10:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Microcrystalline Wax Market 2022

Microcrystalline Wax Market 2022

Microcrystalline Wax Market 2022

The estimated value of the microcrystalline wax market in 2018 is US$ 810.4 Mn, which is expected to expand at a CAGR of 3.9% and reach US$ 1,102.3 Mn by the end of 2026. In addition, the microcrystalline wax market is projected to create an incremental $ opportunity worth US$ 291.9 Mn during the forecast period.

Request for Free Sample Copy of Microcrystalline Wax Market Report@https://www.persistencemarketresearch.com/samples/24613

Persistence Market Research has rolled out a new market research report titled "Microcrystalline Wax Market: Global Industry Analysis 2013 - 2017 and Forecast 2018 - 2026", which examines the microcrystalline wax market and offers critical insights for the next eight years. Based on the findings specified in the report, the market is expected to witness rising demand from increasing end-use sectors and growing cosmetics as well as pharmaceutical industries. These factors are projected to drive the global microcrystalline wax market.

Microcrystalline Wax Market Dynamics

The growing shift of manufacturing across globe and rising demand for end-use sectors such as pharmaceuticals, cosmetics & packaging are projected to drive the microcrystalline wax market over the forecast period. Moreover, rise in food packaging across regions is also expected to drive the microcrystalline wax market over the forecast period. The growth of end-use industry demand in key regions, such as SEA & Pacific China and Europe, is estimated to the market demand for numerous industries such as microcrystalline wax in the forthcoming years. Furthermore, changes in lifestyle generate demand for personal care products while the middle-class population is more inclined towards better living standards. Increasing production of pharmaceuticals and cosmetics, specifically in Asia, is estimated to surge raw material demand, which will impact the global microcrystalline wax over the forecast period

The global pharmaceutical industry is expected to witness a satisfactory growth rate of 6-6.3% over the stipulated period and it is estimated to be comparatively high in emerging economies such as India, China, and Brazil. This steady increase is estimated to boost the sales of microcrystalline wax in the global market. This growth in end-use industries can be attributed to the increasing urbanization and stable economic conditions in these regions, which in turn, will augment the growth of the microcrystalline wax market. Another key driver of the microcrystalline wax market is the consumer demand and interest.

The consumer concern towards healthcare has increased and consumers are becoming more aware of the specifications and prefer superior quality products. This is reinforcing the pharmaceuticals and cosmetics industry and simultaneously, contributing towards the growth of the microcrystalline wax over the forecast period.

Complete Report Details@https://www.persistencemarketresearch.com/market-research/microcrystalline-wax-market.asp

Key Companies-

• Indian Oil Corporation Ltd
• Calumet Specialty Products Partners, L.P.
• Sonneborn LLC
• Koster Keunen
• Kerax Limited
• The International Group, Inc
• Asian Oil Company
• CEPSA
• Nippon Seiro Co., Ltd.
• Sasol
• MOL Group
• HollyFrontier Refining & Marketing LLC

Microcrystalline Wax Market Forecast

• The global microcrystalline wax market is estimated to grow 1.3X during the forecast period in correlation with pharmaceutical, packaging and cosmetics production.

• By region, North America, followed by Europe and China, is projected to dominate the global microcrystalline wax market over the forecast period. Moreover, China, followed by the SEA & Pacific region, is estimated to remain the most opportunistic region in the microcrystalline wax market. In terms of value, China is projected to create an incremental $ opportunity worth US$ 60.7 Mn in the global microcrystalline wax market during the forecast period.

• By application type, the packaging segment dominates the market with a value of US$ 222.2 Mn in 2018. The pharmaceutical segment is projected to account for 13.7% of the market value share in the global microcrystalline wax market during the forecast period. In terms of growth, the cosmetics segment is projected to grow with a modest growth rate in the global microcrystalline wax market during the latter half of the forecast period.

• By product form, the slabs segment is projected to dominate the global microcrystalline wax market with a year-over-year growth rate of 3.4% in 2018. Additionally, the pellets segment is projected to account for more than a 41.9% share in the global microcrystalline wax market.

• By grade, the flexible grade segment is projected to dominate the global microcrystalline wax market over the forecast period. In terms of volume, the demand for flexible grade microcrystalline wax in adhesives is projected to reach 556.7 Mn by the end of 2026.

Buy Now this Report@https://www.persistencemarketresearch.com/checkout/24613

Key geographies evaluated in this report are:

• North America - U.S, Canada
• Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
• APAC - China, India, Japan, Australia, Others
• Latin America - Argentina, Brazil, Others

Key Questions Answered in the Global Microcrystalline Wax Report

• How has the microcrystalline wax market evolved in the last four years?
• What shape will the microcrystalline wax market take, in terms of volume and value, during the study period?
• What are the prevailing market dynamics in the microcrystalline wax market?
• What are some of the important developments and trends being witnessed in the microcrystalline wax market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the microcrystalline wax market?
• Which are the key challenges, opportunities and improvement factors for microcrystalline wax market players?
• What are some of the market positioning and key strategies of key manufacturers as per the market taxonomy?
• How has the competition structured and evolved in the microcrystalline wax market over the past few years?

About us: -

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact Us:

Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Microcrystalline Wax Market to Reach US$ 1.1 Bn by the end of 2026 here

News-ID: 2757300 • Views:

More Releases from Persistence Market Research

Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health Trends
Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health …
Overview of the Global Fruit Ingredients Market The global fruit ingredients market is witnessing significant growth, driven by rising consumer demand for natural, clean-label, and nutrient-rich food products. In 2025, the market is likely to be valued at US$ 75.0 billion and is expected to reach US$ 111.3 billion by 2032, registering a robust CAGR of 5.8% during the forecast period. Fruit ingredients, which include fruit concentrates, purees, powders, and extracts,
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Plant-Based Demand
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Pla …
Overview of the Market The global vegan dessert market is poised for significant expansion, with an estimated valuation of US$ 5.2 billion in 2025, projected to reach US$ 11.9 billion by 2032. This robust growth reflects a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2032. Increasing consumer awareness about health, environmental sustainability, and ethical food consumption is driving the widespread adoption of vegan dessert
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenience & Demand
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenienc …
Overview of the Global Instant Beverage Premix Market The global instant beverage premix market has witnessed remarkable growth over the past decade, driven by evolving consumer lifestyles and increasing demand for convenient, ready-to-consume beverages. Instant beverage premixes, encompassing products such as instant coffee, tea, flavored drinks, protein powders, and nutritional supplements, cater to busy consumers seeking quick preparation without compromising on taste or nutritional value. These premixes have gained popularity across
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Market Research
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Mar …
The global dermacosmetics market, estimated at US$ 53 billion in 2025, is forecasted to witness a steady upward trajectory, expanding at a Compound Annual Growth Rate (CAGR) of 7.4% to reach US$ 87.3 billion by 2032. This surge is driven by a confluence of factors ranging from increasing consumer awareness and the rising incidence of skin conditions to a growing preference for advanced, dermatologist-backed skincare solutions. Dermacosmetics, a category that

All 5 Releases


More Releases for Microcrystalline

Top 10 Microcrystalline Cellulose Companies Analysis to 2031
Microcrystalline cellulose is a refined wood pulp derivative that appears as a white, odorless, tasteless powder. It is made from cellulose, which is a naturally occurring structural component of plant cell walls. Microcrystalline Cellulose - a versatile excipient used in pharmaceuticals, food, and cosmetics for its excellent compressibility and binding properties. Download The Exclusive PDF @ https://www.theinsightpartners.com/sample/TIPRE00004679/?utm_source=OpenPR&utm_medium=10864 Key Companies: • Accent Microcell Pvt. Ltd. • Asahi Kasei Corporation • Avantor, Inc. • DFE Pharma GmbH and Co.KG • FMC Corporation • JRS PHARMA GmbH and
Microcrystalline Cellulose Market Challenges, Growth and Opportunities - 2031
The microcrystalline cellulose (MCC) market is experiencing steady growth, driven by its diverse applications across various industries. This article provides a detailed analysis of the market landscape, encompassing market size and growth projections, segmentation, regional trends, key drivers and challenges, future outlook, and competitive landscape. 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐨𝐮𝐫 𝐌𝐢𝐜𝐫𝐨𝐜𝐫𝐲𝐬𝐭𝐚𝐥𝐥𝐢𝐧𝐞 𝐂𝐞𝐥𝐥𝐮𝐥𝐨𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 :https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2455 Microcrystalline cellulose (MCC) is a purified form of cellulose derived from wood pulp. It offers
Microcrystalline Cellulose Market Demand,Trends, Size 2021-2031
The global Microcrystalline Cellulose market is estimated to attain a valuation of US$ 1.68 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.2% during the forecast period, 2021-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders
Microcrystalline Cellulose Spheres Market 2021 | Detailed Report
Microcrystalline Cellulose Spheres Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Microcrystalline Cellulose Spheres Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4972339 The report provides a comprehensive analysis of company profiles listed below: - SEPPIC - JRS Pharma - NB
Microcrystalline Wax Market Size, Share, Development by 2022.
LP INFORMATION offers a latest published report on Microcrystalline Wax Market Analysis and Forecast 2017-2022 delivering key insights and providing a competitive advantage to clients through a detailed report. The Global Microcrystalline Wax market size will be XX million (USD) in 2022, from the XX million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) XX% from 2016 to 2022. Click to view the full
Microcrystalline Cellulose Market Trends and Segments 2015-2025
Cellulose is the prime component of plant cell. Microcrystalline cellulose is partially depolymerized cellulose, obtained from wood pulp. It is also formed through some of the fungi, bacteria, algae or marine animals. It is insoluble in water and is primarily used as bulking and anticaking agent in production of food products. It is also used as a texturizer, emulsifier and as an extender in application such as pharmaceutical or personal