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Microcrystalline Wax Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Microcrystalline Wax Market SizeThe global Microcrystalline Wax market is projected to reach US$ 1009.3 million by 2030 from an estimated US$ 779.5 million in 2024, at a CAGR of 4.4% during 2024 and 2030.
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Global Microcrystalline Wax main manufactuers include Sasol, Sonneborn, The International Group (IGI) and Sinopec Nanyang Energy Chemical, totally accounting for 20% of the market. Asia Pacific is the largest market, with a share about 30%. As for the types of products, it can be divided into laminating grade, coating grade, hardening grade and others. The most common type is laminating grad, with a share over 58%. As for the types of application, it is widely used in packaging, tire and rubber, cosmetics and personal care, adhesives and others. The most common application is packing, with a share over 32%.
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By Type
Laminating Grade
Coating Grade
Hardening Grade
By Application
Packaging
Tire and Rubber
Cosmetics and Personal Care
Adhesives
Key Companies
Sonneborn, Repsol, Sasol, Paramelt, The International Group (IGI), Indian Oil, Sinopec Nanyang Energy Chemical, Calumet, Kahlwax, Kerax, Industrial Raw Materials (IRM), China Taiwan Wax, CEPSA, Nippon Seiro, Blended Waxes (BWI), SQI, Dongnam Petrochemicals
FAQ for this report
1. How fast is Microcrystalline Wax Market growing?
Ans: The Microcrystalline Wax Market witnessing a CAGR of 4.4% during the forecast period 2024-2030.
2. What is the Microcrystalline Wax Market size in 2030?
Ans: The Microcrystalline Wax Market size in 2030 will be US$ 1009.3 million.
3. What is the Sasol, Sonneborn, The International Group (IGI), Sinopec Nanyang Energy Chemical share in Microcrystalline Wax Market?
Ans: Global Microcrystalline Wax main manufactuers include Sasol, Sonneborn, The International Group (IGI) and Sinopec Nanyang Energy Chemical, totally accounting for 20% of the market.
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