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Wax Market by Type (Paraffin/Mineral Wax, Synthetic Wax, and Natural Wax) and Application (Candles, Packaging, Emulsions, Hot Melts, Floor Polishes, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_184576
Pages: 272
Mar 2018 | 1781 Views
 
Author's : Ashmita Roy
Tables: 150
Charts: 46
 

Wax Market Overview:

The Global Wax Market was valued at $9,322 million in 2016, and is projected to reach $11,780 million by 2023, registering a CAGR of 3.4% from 2017 to 2023. Waxes are a combination of hydrophobic organic materials, which at a temperature of 20°C change into solid state. Waxes begin to melt at temperature higher than 40°C up to 140°C. The solubility and steadiness of waxes are dependent on temperature and chemical composition. Waxes are produced from ingredients such as honeybee, palm, soy, bayberries, rice bran oil, sunflower oil, sheep, whale, and petroleum.

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Increase in usage of waxes in the packaging industry significantly drives the growth of global wax market, as paraffin waxes used for packaging offer resistance towards heat. Moreover, rise in use of wax as a base ingredient in cosmetic products boosts the market growth. However, high prices of synthetic and natural waxes hamper the growth of the market. On the contrary, surge in adoption of natural cosmetics offers potential growth opportunity for the market expansion.

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The report segments the global wax market based on type, application, and geography. On the basis of type, the market is categorized into paraffin/mineral, synthetic, and natural wax. Candles, packaging, emulsions, hot melts, floor polishes, and others are the various applications of wax. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Wax Market Segmentation

North America dominated the wax market in 2016, the U.S. being the largest revenue generator. This is attributed to increase in awareness towards the benefits of wax-based natural cosmetics products. However, Asia-Pacific is expected to register significant growth rate in the near future, owing to expansion of packaging industry in the region.

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Top Investment Pockets

Asia-Pacific is estimated to be the most lucrative market for wax industry during the forecast period, owing to development of the packaging industry. Increase in the purchasing power in most of the countries of Asia-Pacific regions is expected to augment the adoption of wax-based personal care products.
The Asia-Pacific wax market is anticipated to possess potential growth opportunities, owing to upsurge in demand for natural cosmetic products.

LAMEA Review

LAMEA accounted for 19.6% share in the global wax market, and is expected to grow at a CAGR of 3.8% between 2016 and 2022, owing to the growth of the. Brazil is the one of the largest revenue generator of the region.

The key players profiled in the report include Dow Corning, Akzo Nobel N.V., Evonik Industries, Arch Chemicals, BASF SE, Hexion Inc., Honeywell International, Lubrizol Corporation, The Clorox Company, and Momentive Performance Materials.

The other key players in the value chain (not profiled in this report) include Sinopec, ExxonMobil, PetroChina Company Limited, Sasol, and The International Group, Inc.

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the wax market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends and quantitative analyses from 2016 to 2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the market potential of the wax industry.
  • Competitive intelligence of the industry highlights the business practices followed by key players across the region and prevailing market opportunities.
  • Key market players and their strategies & developments are profiled to understand the competitive outlook of the market.

Wax Market Key Segments:

By Type

  • Paraffin/Mineral Wax
  • Synthetic Wax
  • Natural Wax

By Application

  • Candles
  • Packaging
  • Emulsions
  • Hot Melts
  • Floor Polishes
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Netherlands
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Africa
    • Rest of LAMEA
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets, by geography
3.2.2. Top winning strategy

3.2.2.1. Top Winning Strategies, By Year, 2014-2018*
3.2.2.2. Top Winning Strategies, By Development, 2014-2018* (%)
3.2.2.3. Top Winning Strategies, By Company, 2014-2018* (%)
3.2.2.4. Top Winning Strategies, By Company, 2014-2017*

3.3. Market share analysis, 2016
3.4. Porters five forces analysis

3.4.1. Bargaining power of suppliers
3.4.2. Bargaining power of buyers
3.4.3. Threat of new entrants
3.4.4. Threat of substitutes
3.4.5. Intensity of competitive rivalry

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Upsurge in demand for wax from the packaging industry
3.5.1.2. Increase in use of wax in the cosmetic industry

3.5.2. Restraint

3.5.2.1. High cost of synthetic and natural wax

3.5.3. Opportunity

3.5.3.1. Increase in awareness about wax-based natural cosmetic products

Chapter: 4: GLOBAL WAX MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. PARAFFIN/MINERAL WAX

4.2.1. Market Size and forecast, by geography
4.2.2. Market Size and forecast, by country

4.3. SYNTHETIC WAX

4.3.1. Market Size and forecast, by geography
4.3.2. Market Size and forecast, by country

4.4. NATURAL WAX

4.4.1. Market size and forecast, by geography
4.4.2. Market size and forecast, by country

Chapter: 5: GLOBAL WAX MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast

5.2. CANDLES

5.2.1. Market Size and forecast, by geography
5.2.2. Market Size and forecast, by country

5.3. PACKAGING

5.3.1. Market Size and forecast, by geography
5.3.2. Market Size and forecast, by country

5.4. EMULSIONS

5.4.1. Market Size and forecast, by geography
5.4.2. Market Size and forecast, by country

5.5. HOT MELTS

5.5.1. Market Size and forecast, by geography
5.5.2. Market Size and forecast, by country

5.6. FLOOR POLISHES

5.6.1. Market Size and forecast, by geography
5.6.2. Market Size and forecast, by country

5.7. OTHERS

5.7.1. Market Size and forecast, by geography
5.7.2. Market Size and forecast, by country

Chapter: 6: WAX MARKET, BY GEOGRAPHY

6.1. Overview

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Market size and forecast, by type
6.2.2. Market size and forecast, by application
6.2.3. Market size and forecast, by country
6.2.4. U.S.

6.2.4.1. Market size and forecast, by type
6.2.4.2. Market size and forecast, by application

6.2.5. Canada

6.2.5.1. Market size and forecast, by type
6.2.5.2. Market size and forecast, by application

6.2.6. Mexico

6.2.6.1. Market size and forecast, by type
6.2.6.2. Market size and forecast, by application

6.3. EUROPE

6.3.1. Market size and forecast, by type
6.3.2. Market size and forecast, by application
6.3.3. Market size and forecast, by country
6.3.4. Germany

6.3.4.1. Market size and forecast, by type
6.3.4.2. Market size and forecast, by application

6.3.5. UK

6.3.5.1. Market size and forecast, by type
6.3.5.2. Market size and forecast, by application

6.3.6. The Netherlands

6.3.6.1. Market size and forecast, by type
6.3.6.2. Market size and forecast, by application

6.3.7. France

6.3.7.1. Market size and forecast, by type
6.3.7.2. Market size and forecast, by application

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, by type
6.3.8.2. Market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Market size and forecast, by type
6.4.2. Market size and forecast, by application
6.4.3. Market size and forecast, by country
6.4.4. China

6.4.4.1. Market size and forecast, by type
6.4.4.2. Market size and forecast, by application

6.4.5. Japan

6.4.5.1. Market size and forecast, by type
6.4.5.2. Market size and forecast, by application

6.4.6. India

6.4.6.1. Market size and forecast, by type
6.4.6.2. Market size and forecast, by application

6.4.7. Rest of Asia-Pacific

6.4.7.1. Market size and forecast, by type
6.4.7.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Market size and forecast, by type
6.5.2. Market size and forecast, by application
6.5.3. Market size and forecast, by country
6.5.4. Brazil

6.5.4.1. Market size and forecast, by type
6.5.4.2. Market size and forecast, by application

6.5.5. Argentina

6.5.5.1. Market size and forecast, by type
6.5.5.2. Market size and forecast, by application

6.5.6. Africa

6.5.6.1. Market size and forecast, by type
6.5.6.2. Market size and forecast, by application

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast, by type
6.5.7.2. Market size and forecast, by application

Chapter: 7: COMPANY PROFILES

7.1. AkzoNobel N.V.

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance

7.2. BASF SE

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments

7.3. Berkshire Hathaway Inc. (The Lubrizol Corporation)

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments

7.4. Evonik Industries AG

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance

7.5. Hexion Inc.

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. Honeywell International Inc.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance

7.7. Lonza Group Ltd.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance

7.8. MPM Holdings Inc. (Momentive Performance Materials Inc.)

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance

7.9. The Dow Chemical Company (Dow Corning Corporation)

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance

7.10. The Clorox Company

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 02. GLOBAL WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 03. GLOBAL PARAFFIN/MINERAL WAX MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 04. GLOBAL PARAFFIN/MINERAL WAX MARKET VOLUME, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 05. GLOBAL PARAFFIN/MINERAL WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 06. GLOBAL PARAFFIN/MINERAL WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 07. GLOBAL SYNTHETIC WAX MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 08. GLOBAL SYNTHETIC WAX MARKET VOLUME, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 09. GLOBAL SYNTHETIC WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 10. GLOBAL SYNTHETIC WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 11. GLOBAL NATURAL WAX MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 12. GLOBAL NATURAL WAX MARKET VOLUME, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 13. GLOBAL NATURAL WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 14. GLOBAL NATURAL WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 15. GLOBAL WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 16. GLOBAL WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS)
TABLE 17. GLOBAL WAX MARKET REVENUE FOR CANDLES, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. GLOBAL WAX MARKET VOLUME FOR CANDLES, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 19. GLOBAL WAX MARKET REVENUE FOR CANDLES, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 20. GLOBAL WAX MARKET VOLUME FOR CANDLES, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 21. GLOBAL WAX MARKET REVENUE FOR PACKAGING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 22. GLOBAL WAX MARKET VOLUME FOR PACKAGING, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 23. GLOBAL WAX MARKET REVENUE FOR PACKAGING, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 24. GLOBAL WAX MARKET VOLUME FOR PACKAGING, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 25. GLOBAL WAX MARKET REVENUE FOR EMULSIONS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 26. GLOBAL WAX MARKET VOLUME FOR EMULSIONS, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 27. GLOBAL WAX MARKET REVENUE FOR EMULSIONS, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 28. GLOBAL WAX MARKET VOLUME FOR EMULSIONS, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 29. GLOBAL WAX MARKET REVENUE FOR HOT MELTS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 30. GLOBAL WAX MARKET VOLUME FOR HOT MELTS, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 31. GLOBAL WAX MARKET REVENUE FOR HOT MELTS, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 32. GLOBAL WAX MARKET VOLUME FOR HOT MELTS, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 33. GLOBAL WAX MARKET REVENUE FOR FLOOR POLISHES, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 34. GLOBAL WAX MARKET VOLUME FOR FLOOR POLISHES, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 35. GLOBAL WAX MARKET REVENUE FOR FLOOR POLISHES, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 36. GLOBAL WAX MARKET VOLUME FOR FLOOR POLISHES, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 37. GLOBAL WAX MARKET REVENUE FOR OTHER APPLICATION, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 38. GLOBAL WAX MARKET VOLUME FOR OTHER APPLICATION, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 39. GLOBAL WAX MARKET REVENUE FOR OTHER APPLICATION, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 40. GLOBAL WAX MARKET VOLUME FOR OTHER APPLICATION, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 41. GLOBAL WAX MARKET REVENUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 42. GLOBAL WAX MARKET VOLUME, BY GEOGRAPHY, 2015-2023 (KILOTONS)
TABLE 43. NORTH AMERICA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 44. NORTH AMERICA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 45. NORTH AMERICA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 46. NORTH AMERICA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 47. NORTH AMERICA WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 48. NORTH AMERICA WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 49. U.S. WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 50. U.S. WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 51. U.S. WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 52. U.S. WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 53. CANADA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 54. CANADA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 55. CANADA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 56. CANADA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 57. MEXICO WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 58. MEXICO WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 59. MEXICO WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 60. MEXICO WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 61. EUROPE WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 62. EUROPE WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 63. EUROPE WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 64. EUROPE WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 65. EUROPE WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 66. EUROPE WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 67. GERMANY WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 68. GERMANY WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 69. GERMANY WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 70. GERMANY WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 71. UK WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 72. UK WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 73. UK WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 74. UK WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 75. THE NETHERLANDS WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 76. THE NETHERLANDS WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 77. THE NETHERLANDS WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 78. THE NETHERLANDS WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 79. FRANCE WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 80. FRANCE WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 81. FRANCE WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 82. FRANCE WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 83. REST OF EUROPE WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 84. REST OF EUROPE WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 85. REST OF EUROPE WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 86. REST OF EUROPE WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS)
TABLE 87. ASIA-PACIFIC WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 88. ASIA-PACIFIC WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 89. ASIA-PACIFIC WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 90. ASIA-PACIFIC WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 91. ASIA-PACIFIC WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 92. ASIA-PACIFIC WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 93. CHINA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 94. CHINA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 95. CHINA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 96. CHINA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 97. JAPAN WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 98. JAPAN WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 99. JAPAN WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 100. JAPAN WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 101. INDIA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 102. INDIA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 103. INDIA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 104. INDIA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 105. REST OF ASIA-PACIFIC WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 106. REST OF ASIA-PACIFIC WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 107. REST OF ASIA-PACIFIC WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 108. REST OF ASIA-PACIFIC WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS)
TABLE 109. LAMEA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 110. LAMEA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 111. LAMEA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 112. LAMEA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 113. LAMEA WAX MARKET REVENUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 114. LAMEA WAX MARKET VOLUME, BY COUNTRY, 2015-2023 (KILOTONS)
TABLE 115. BRAZIL WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 116. BRAZIL WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 117. BRAZIL WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 118. BRAZIL WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 119. ARGENTINA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 120. ARGENTINA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 121. ARGENTINA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 122. ARGENTINA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 123. AFRICA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 124. AFRICA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 125. AFRICA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 126. AFRICA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS
TABLE 127. REST OF LAMEA WAX MARKET REVENUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 128. REST OF LAMEA WAX MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 129. REST OF LAMEA WAX MARKET REVENUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 130. REST OF LAMEA WAX MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS)
TABLE 131. AKZONOBEL N.V.: COMPANY SNAPSHOT
TABLE 132. AKZONOBEL N.V.: OPERATING SEGMENTS
TABLE 133. BASF SE: COMPANY SNAPSHOT
TABLE 134. BASF SE: OPERATING SEGMENTS
TABLE 135. BERKSHIRE HATHAWAY INC.: COMPANY SNAPSHOT
TABLE 136. BERKSHIRE HATHAWAY INC.: OPERATING SEGMENTS
TABLE 137. EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
TABLE 138. EVONIK INDUSTRIES AG: OPERATING SEGMENTS
TABLE 139. HEXION INC.: COMPANY SNAPSHOT
TABLE 140. HEXION INC.: OPERATING SEGMENTS
TABLE 141. HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 142. HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 143. LONZA: COMPANY SNAPSHOT
TABLE 144. LONZA: OPERATING SEGMENTS
TABLE 145. MPM HOLDINGS INC.: COMPANY SNAPSHOT
TABLE 146. MPM HOLDINGS INC.: OPERATING SEGMENTS
TABLE 147. THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 148. THE DOW CHEMICAL COMPANY: PRODUCT CATEGORIES
TABLE 149. THE CLOROX COMPANY: COMPANY SNAPSHOT
TABLE 150. THE CLOROX COMPANY: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01. TOP INVESTMENT POCKETS, BY GEOGRAPHY
FIGURE 02. MARKET SHARE ANALYSIS, 2016
FIGURE 03. GLOBAL WAX MARKET, BY TYPE, 2016 VS. 2023 (USD MILLION)
FIGURE 04. GLOBAL WAX MARKET, BY APPLICATION, 2016 VS. 2023 (USD MILLION)
FIGURE 05. WAX MARKET, BY GEOGRAPHY, 2016 VS. 2023 (USD MILLION)
FIGURE 06. U.S.: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 07. CANADA: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 08. MEXICO: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 09. GERMANY WAX MARKET, 2015-2023 ($MILLION)
FIGURE 10. UK: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 11. THE NETHERLANDS: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 12. FRANCE WAX MARKET, 2015-2023 ($MILLION)
FIGURE 13. REST OF EUROPE: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 14. CHINA WAX MARKET, 2015-2023 ($MILLION)
FIGURE 15. JAPAN: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 16. INDIA: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 17. REST OF ASIA-PACIFIC: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 18. BRAZIL WAX MARKET, 2015-2023 ($MILLION)
FIGURE 19. ARGENTINA: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 20. AFRICA: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 21. REST OF LAMEA: WAX MARKET, 2015-2023 ($MILLION)
FIGURE 22. AKZONOBEL N.V.: REVENUE, 2014-2016 ($MILLION)
FIGURE 23. AKZONOBEL N.V.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 24. AKZONOBEL N.V.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 25. BASF SE: REVENUE, 2014-2016 ($MILLION)
FIGURE 26. BASF SE: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 27. BASF SE: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 28. BERKSHIRE HATHAWAY INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 29. BERKSHIRE HATHAWAY INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 30. EVONIK INDUSTRIES AG: REVENUE, 2014-2016 ($MILLION)
FIGURE 31. EVONIK INDUSTRIES AG: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 32. EVONIK INDUSTRIES AG: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 33. HEXION INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 34. HEXION INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 35. HEXION INC.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 36. HONEYWELL INTERNATIONAL INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 37. HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 38. HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 39. LONZA: REVNEUE, 2015-2017 ($MILLION)
FIGURE 40. LONZA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 41. MPM HOLDINGS INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 42. MPM HOLDINGS INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 43. THE DOW CHEMICAL COMPANY: REVENUE, 2015-2017 ($MILLION)
FIGURE 44. THE DOW CHEMICAL COMPANY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 45. THE CLOROX COMPANY: REVENUE, 2015-2017 ($MILLION)
FIGURE 46. THE CLOROX COMPANY: REVENUE SHARE BY SEGMENT, 2017 (%)

 

Waxes are organic materials derived from sources such as plants, animals, crude oil, and natural gases. Paraffin/mineral, synthetic, and natural waxes are the major types of wax. Paraffin wax is majorly produced through crude oil, and is used for packaging application.

Candles were the dominating segment in 2016, accounting for 60.10% of the market revenue, and are projected to witness significant growth during the forecast period, owing to their increased use in hotels, spa, and other buildings for aromatherapy. Moreover, the accessibility of an extensive range of candles along with increase in consumer spending power in the developing economies of China, India, and Korea is anticipated to boost the market growth for candles.

The global wax market possesses a substantial scope for growth in the future, due to continuous increase in demand for wax from packaging application. Upsurge in demand from personal care products further supplements the market growth, as most the cosmetics products have wax as key raw material. However, high cost of synthetic and natural wax acts as a major restraint of the market. Asia-Pacific is projected to register significant growth as compared to North American and European markets, owing to augmented demand for wax for packaging and candle applications. Moreover, the market possesses high growth potential, owing to increase in awareness about the benefits of natural cosmetics products, which accelerates the market expansion.

 

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