Global polyethylene wax market is expected to register a steady CAGR of 4.8% in the forecast period of 2019-2026.
Polyethylene wax which is formulated with the help of distillation process helps in enhancing the properties of the product and also in producing different grades of it. It provides low viscosity, excellent compatibility with other waxes, high melting and softening point and high hardness level, makes it a much better wax as compared to others. The major application of PE wax is in the plastic industry. Additionally, the wax is also used with other waxes and petroleum. The PE wax is accessible in different forms such as powder, granules, flakes, pastilles and others. Major factor driving the growth of this market is increased usage of polyethylene wax in packaging.
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Companies Profiled in this report includes, BASF SE, SCG Chemicals Co., Ltd., Honeywell International, Inc, Clariant, Mitsui Chemicals, Inc., Innospec, The Lubrizol Corporation, Baker Hughes, a GE company LLC, Westlake hemical Corporation, ceronas GmbH & Co. KG, COSCHEMCO.,LTD, DEUREX AG, euroceras Sp. z o.o., Formosa Plastics Corporation, U.S.A., Linvest GmbH, Lion Chemtech Co., Ltd., Qingdao Bouni Chemical Co., Ltd, SQI Group, TRECORA RESOURCES, The International Group, Inc. and WIWAX.
After study key companies, the report focuses on the startups contributing towards the growth of the market. Capable mergers and acquisitions among the startups and major organizations are identified by the report’s authors in the study. As leading vendors take efforts to maintain their dominance in the market, the right way to do so is by adopting new technologies and strategies. The report climaxes major technological developments and changing trends adopted by key vendors over a period of time. For a stronger and high steady business outlook, the report on the worldwide market carries key projections that can be practically studied.
Segmentation: Global Polyethylene Wax Market
Global polyethylene wax market is segmented into five notable segments which are type, form, raw material, grade and production process.
- On the basis of type, the market is segmented into polymerization type, modified type, thermally cracking type, others.
- On the basis of form, the market is segmented into powder, granules, flakes, pastilles, micronized waxes, aqueous wax emulsions.
- On the basis of raw material, the market is segmented polypropylene, ethylene, low-density polyethylene.
- On the basis of grade, the market is segmented into emulsifiable, non-emulsifiable.
- On the basis of production process, the market is segmented into high-pressure polymerization, synthesis by the ziegler-natta method, thermal degradation process of polyethylene, oxidation of synthetic waxes, walter-reppe synthesis, metallocene process, others.
Competitive Analysis: Global Polyethylene Wax Market
The key market players for global polyethylene wax market are BASF SE, SCG Chemicals Co., Ltd., Honeywell International, Inc, Clariant, Mitsui Chemicals, Inc., Innospec, The Lubrizol Corporation, Baker Hughes, a GE company LLC, Westlake Chemical Corporation, ceronas GmbH & Co. KG, COSCHEMCO.,LTD, DEUREX AG, euroceras Sp. z o.o., Formosa Plastics Corporation, U.S.A., Linvest GmbH, Lion Chemtech Co., Ltd., Qingdao Bouni Chemical Co., Ltd, SQI Group, TRECORA RESOURCES, The International Group, Inc. and WIWAX.
Product Launch:
- In September 2019, Honeywell International Inc. started using UOP’s C3 Oleflex technology for producing 450,000 metric tons per year of polymer-grade propylene in a new petrochemicals complex in China. This technology will help the company to expand its business in China and to meet the requirement for propylene.
- In March 2019, WIWAX launched a range of innovative micronized waxes depending on the low molecular weight. This launch will help to act in a very fast manner and provide earlier lubrication. It will also assist the company to increase their product portfolio and the customer base.
- In June 2016, DEUREX AG led to the foundation of an alternative for the amide waxes namely Vegetable ABS Wax produced from the sugar cane and had a wide application area in ink printings, coatings, plastics, hot melts and synthetic rubbers & fibers.
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To achieve supreme level of market insights and get acquaintance of the best market opportunities into the specific markets, this Polyethylene Wax Market market research report is the perfect key. Various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure are given in the report. The report is structured with the systematic gathering and analysis of information about individuals or organizations conducted through social and opinion research. The business document encompasses various segments related to ABC industry and market with thorough research and analysis. All the market related aspects are strictly followed by DBMR team while building this Polyethylene Wax market report for a client.
Highlighted key points of this market research report:– This report provides pin-point analysis for changing competitive dynamics
– It provides a forward-looking perspective on different factors driving or restraining market growth
– It provides seven-years forecast assessed on the basis of how the market is predicted to grow
– It helps in understanding the key product segments and their future
– It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
– It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
Table of Content:
Global Polyethylene Wax Market Research Report 2019-2026
Chapter 1: Industry Overview
Chapter 2: Polyethylene Wax Market International and China Market Analysis
Chapter 3: Environment Analysis of Market.
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Polyethylene Wax Market Revenue Market Status.
Chapter 7: Analysis of Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis of Market.
Continue To TOC…..
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