Press release
Innovations in the Global Polyethylene Wax Market size See Incredible Growth during 2031
Transparency Market Research delivers key insights on the global polyethylene wax market. In terms of revenue, the global polyethylene wax market is estimated to expand at a CAGR of 5.1% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global polyethylene wax market.
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/polyethylene-wax-market.html
The global polyethylene wax market is broadly affected by several factors, including rise in usage of polyethylene wax in lubricants, adhesives, and coatings. Increase in demand for lubricants, adhesives, and coatings in packaging, food & beverages, pharmaceutical, petroleum, and refining industries is propelling the global polyethylene wax market.
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Polyethylene wax has low molecular weight, high melting point, highly linear structure, chemical resistance, lubrication, and anti-blocking properties. This makes it a top-of-the-line additive in applications that either require lubrication or physical modification in their formulation.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5111
Increase in production and usage of plastics to manufacture various products that are employed in end-use industries such as automotive, packaging, and medical are major factors driving the demand for polyethylene wax.
The packaging industry relies on polymers for packaging and decoration of end-use products. Properties of polymers such as lightness in weight, availability in different colors, low reactivity, and chemical and moisture resistance are leading to an increase in the application of polymers in the packaging industry. This is augmenting the global polyethylene wax market.
Industrial coatings protect materials or products from corrosion and decay; and provide a colorful and esthetic appearance to the coated surface, substrate, or product. Industrial coatings made from polyethylene wax dry quickly and carry high gloss capability.
Increase in population and rapid urbanization in Asia Pacific; and need for improved infrastructure and residential spaces are anticipated to play a crucial role in the expansion of the polyethylene wax market in the region.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=5111
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific dominated the global polyethylene wax market in 2020. The region is expected to maintain its dominance during the forecast period primarily due to the increase in infrastructure and construction activities in China and India.
The polyethylene wax market in Middle East & Africa is anticipated to expand at a significant pace during the forecast period. The expansion of end-use industries in Latin America and Europe is expected to augment the polyethylene wax market in these regions during the forecast period. The rise in demand for polyethylene wax in various applications is also likely to boost the polyethylene wax market in these regions over the next few years.
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global polyethylene wax market is fragmented with the presence of a large number of players. Major players operating in the global polyethylene wax market are Mitsui Chemicals, Inc., BASF SE, Arya Chem Inc., The Lubrizol Corporation, Innospec Inc., Micro Powders Inc., Kerax Limited, Clariant, China Petroleum & Chemical Corporation (Sinopec) WIWAX, The International Group Inc., INEOS Group Ltd, Synergy Poly Additives Pvt Ltd., SCG Chemical Co., Ltd, and Westlake Chemical Corporation.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=5111
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐
HDPE Wax
LDPE Wax
Oxidized PE Wax
Microcrystalline Wax
Wax Emulsion
Others (Low Density Cracked Wax, Ethylene Vinyl Acetate Copolymer, and Acid Modified Wax)
๐๐จ๐ฅ๐ฒ๐๐ญ๐ก๐ฒ๐ฅ๐๐ง๐ ๐๐๐ฑ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Candles
Packaging
Wood & Firelogs
Lubricants
Rubber
Adhesives & Coatings
Cosmetics
Roofing
Refining & Roads
Plastic Processing & Composites
Others (Textiles, Metal Processing, Masterbatches, and Polish)
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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Email: sales@transparencymarketresearch.com
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Website: https://www.transparencymarketresearch.com
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