Polyethylene Wax Market By Key Trends, and Opportunities In 2019 For Key Players SCG, Mitsui Chemicals Group, Honeywell, BASF, Clariant, Kerax Limited, Durex Inc

A SWOT analysis proves to be a handy tool when it comes to determining the market drivers and restraints in the Polyethylene Wax market.  report aims to underline all the key aspects of the Polyethylene Wax market to keep you apprised about the recent on goings of key players’ and brands’ acquisitions, mergers, joint ventures, recent developments, products launches, and the competitive research.

The report further explains the exclusive terminologies like the market definition, classifications, applications, engagements, and global reach is for the industry while providing a CAGR forecast for the period of 2019 and 2025.

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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 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.

Market Key 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.
  • Qingdao Bouni Chemical Co. Ltd.

Market 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.

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Table of Content

  1. Executive Summary
  2. Scope of the Report
  • Market Definition
  • Scope of the Study
  • Definition
  • Research Objective
  • Assumptions
  • Limitations
  • Research Process
  • Primary Research
  • Secondary Research
  • Market Size Estimation
  • Forecast Model
  1. Market Landscape
  • Porter’s Five Forces Analysis
  • Threat of New Entrants
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Segment Rivalry
  • Value Chain/supply Chain Analysis
  1. Market Dynamics
  • Introduction
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Trends
  1. INDUSTRY ANALYSIS
  • Value Chain Analysis
  • Technology Roadmap
  • Market Attractiveness Analysis
  1. Major Application Analysis:
  • Major Application Market Share
  • Major Down Stream Customers Analysis
  • Others Global

 

  1. New Project Investment Feasibility Analysis:
  • New Project SWOT Analysis
  • New Project Investment Feasibility Analysis

Continued..........

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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

Global Market Segmentation: 

  • 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

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Posted by on Tuesday March 19 2019, 10:01 AM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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