Global Oxidized Polyethylene Wax Market Overview:
According to the latest report by IMARC Group, titled “Oxidized Polyethylene Wax Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global oxidized polyethylene wax market size is expected to exhibit a CAGR of 5.1% during 2022-2027. Oxidized polyethylene (PE) wax refers to a resin that provides high adherence when used with varnishes, inks, coatings, and textiles. It can be extensively utilized as a polymer additive, aqueous emulsion, polyvinyl chloride (PVC) lubricant, and protective coating for floors and furniture. Moreover, it finds widespread applications in the food and beverages sector as a defoamer and packaging adhesive.
|Base Year of the Analysis||2021|
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Oxidized Polyethylene Wax Market Trends:
The global market is primarily driven by significant growth in the construction sector. Oxidized PE wax is widely utilized in the sector as a floor finish to protect concrete, offer stability and improve friction, which is providing an impetus to the market growth. This is also supported by the rising number of infrastructural projects on the global level and the increasing demand for refurbishment and renovation activities across the residential segment. The market is further driven by the increasing adoption of oxidized PE waxes for the production of bacterial polyhydroxyalkanoates (PHAs). Coupled with the growing environmental concerns among the masses, this is creating a positive outlook for the market.
Global Oxidized Polyethylene Wax Market 2022-2027 Analysis and Segmentation:
Competitive Landscape With Key Players:
- BASF SE
- Clariant AG
- Deurex Ag
- Honeywell International Inc
- Industrial Raw Material LLC
- Innospec Inc.
- Mitsui Chemicals Inc
- Palmer Holland
- The Lubrizol Corporation (Berkshire Hathaway Inc.)
- Trecora Resources
- Westlake Chemical Corporation
Breakup by Product:
- Plastic Processing
- Paints and Coatings
- Rubber Processing
- Metal Processing
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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