North America Polyethylene Wax Market is growing with factors such as increasing consumption of polyethylene wax in the coating industry.
North America polyethylene wax market has shown an exceptional penetration in the U.S. The growing usage of polyethylene wax is increasing the penetration in developed countries with the increasing application of synthetic wax for improvement of foamed bitumen parameters is creating opportunity for the North America polyethylene wax market. Increased usage of polyethylene wax in packaging is the driver for the North America polyethylene wax market.
North America Polyethylene Wax Market Scenario
According to Data Bridge Market Research the market for North America polyethylene wax market in the U.S. country has the highest market share followed by Canada and Mexico. The market leader is The International Group, Inc., Westlake Chemical Corporation and Innospec which accounts an estimated market share of approximately 13% to 15% in the North America. The company has gained outstanding sale through their wide range of polyethylene wax that have wide range of application in paint and coating sector.
For instance,
- In January 2019, Innospec had done an expansion by technologically developing the performance chemicals by consolidating with the European facilities. The expansion helps in generating the revenue of the business.
- In June 2016, Westlake Chemical Corporation formed by Axiall Corporation and Lotte Chemical Corporation held a ground breaking ceremony at its Calcasieu Parish. The decision has been made for the final investments for the construction of ethane cracker facility which will be producing 1 million tons of ethylene per year. It will help the company to increase its production capacity to meet the growing demand in the market.
Trends Impacting the Market
Now the question is which are the other regions that The International Group, Inc., Westlake Chemical Corporation and Innospec are targeting? Data Bridge Market Research has forecasted a large growth in the U.S. market and the market leaders are targeting Canada and Mexico to be their next revenue pockets for 2020.
The polyethylene wax market is becoming more competitive every year with companies such as The International Group, Inc., Westlake Chemical Corporation and Innospec as they are the market leaders for polyethylene wax. The Data Bridge market research new reports highlight the major growth factors and opportunities in the polyethylene wax market.
For more analysis on the North America polyethylene wax market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-polyethylene-wax-market
North America Polyethylene Wax Market Development
- In May 2020, BASF SE had launched new polyphenylsulfone Ultrason which provides consumers new variety of dishes and bowls which are mainly for the Japanese schools. The product launch helps in increasing the customer base of the company and generates revenue of the business.
Scope of the North America Polyethylene Wax Market
North America polyethylene wax market is segmented on the basis of countries into U.S., Canada and Mexico.
- All country based analysis of polyethylene wax market is further analyzed based on further segmentation. On the basis of type, the North America polyethylene wax market is segmented into polymerization type, modified type, thermally cracking type and others. On the basis of form, the North America polyethylene wax market is segmented into powder, flakes, pastilles, micronized waxes, granules, aqueous wax emulsions. On the basis of raw material, the market is segmented into ethylene, low-density polyethylene and polypropylene. On the basis of grade, the North America polyethylene wax market is segmented into emulsifiable and non-emulsifiable. On the basis of production process, the North America polyethylene wax market is segmented into high-pressure polymerization, metallocene process, synthesis by the ziegler-natta method, oxidation of synthetic waxes, thermal degradation process of polyethylene, walter-reppe synthesis and others.
To know more about the study https://www.databridgemarketresearch.com/reports/north-america-polyethylene-wax-market
Key Pointers Covered in North America Polyethylene Wax Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
- Value Chain Analysis
Key Market Competitors Covered in the North America Polyethylene Wax Market Report
- Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)
- Honeywell International Inc.
- Westlake
- Chemical Corporation
- BASF SE
- Innospec
- Mitsui Chemicals, Inc.
- Clariant
- Baker Hughes
- a GE company LLC
- Formosa Plastics Corporation
- euroceras Sp. z o.o.
- The International Group, Inc.
- Lion Chemtech Co., Ltd.
- TRECORA RESOURCES
Above are the key players covered in the report, to know about more and exhaustive list of Polyethylene wax companies, contact us: https://www.databridgemarketresearch.com/toc/?dbmr=north-america-polyethylene-wax-market
Research Methodology: North America Polyethylene Wax Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Ink Industry, Coating Industry, Textile Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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