Global Wax Market
市场规模（十亿美元）
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 10.47 Billion |
 Market Size (Forecast Year) |
USD 13.65 Billion |
 CAGR |
% |
| Major Markets Players |
全球蜡市场，按产品类型（石蜡、微晶蜡、气转液 (GTL) 蜡、聚合物蜡、费托蜡、植物蜡、动物和昆虫蜡、其他蜡）、行业（塑料和橡胶、粘合剂和密封剂、纸和纸板、建筑和施工、油墨和涂料、包装、制药、化妆品和洗漱用品行业、汽车、火柴）、应用（蜡烛、流变学/表面应用、抛光剂、化妆品橡胶、肥皂蜡、热熔胶、其他应用）划分——行业趋势和预测到 2029 年。
蜡市场分析及规模
过去几年，蜡市场稳步增长。由于蜡具有良好的防水性、高光泽度和出色的耐化学性等优越性能，多个行业对蜡的需求不断增加。石蜡是石油工业副产品中最常见的提取蜡之一。石蜡产品类型通常用于蜡烛的配方，因为它具有独特的性能，可以在极长的时间内保留颜色和气味。
Data Bridge Market Research 分析称，2021 年蜡市场价值为 104.7 亿美元，预计到 2029 年将达到 136.5 亿美元，在 2022 年至 2029 年的预测期内复合年增长率为 3.37%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外，Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理位置表示的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
蜡市场范围和细分
|
报告指标 |
细节 |
|
预测期 |
2022 至 2029 年 |
|
基准年 |
2021 |
|
历史岁月 |
2020（可定制为 2014 - 2019） |
|
定量单位 |
收入（单位：十亿美元）、销量（单位：台）、定价（美元） |
|
涵盖的领域 |
产品类型（石蜡、微晶蜡、气转液 (GTL) 蜡、聚合物蜡、费托蜡、植物蜡、动物和昆虫蜡、其他蜡）、行业（塑料和橡胶、粘合剂和密封剂、纸和纸板、建筑和施工、油墨和涂料、包装、制药、化妆品和盥洗用品行业、汽车、火柴）、应用（蜡烛、流变学/表面应用、抛光剂、化妆品、橡胶、肥皂蜡、热熔胶、其他应用） |
|
覆盖国家 |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
|
Market Players Covered |
BASF SE (Germany), Clariant (Switzerland), Numaligarh Refinery Limited (India), Trecora Resources (U.S.), Indian Oil Corporation Ltd (IOCL) (India), Goyel Chemical Corporation (India), Nippon Seiro Co., Ltd. (Japan), AVERY DENNISON CORPORATION (U.S.), Marcusoil (U.S.), Mitsui Chemicals, Inc., (Japan), 3M (U.S.), Sika AG (Switzerland), Honeywell International Inc.,(U.S.), Westlake Corporation (U.S.), CPCL (India) and Innospec (U.S.) |
|
Market Opportunities |
|
Market Definition
Waxes are member of organic compounds, which are hydrophobic and malleable solids at ambient temperatures. It contains higher alkanes and lipids. These alkanes are insoluble in water but soluble in nonpolar organic solvents. Many wax products such as natural, mineral and synthetic wax are formed from petroleum-based products such as natural gas and base oil, chemicals such as polyethylene, and animals and plants.
Global Wax Market Dynamics
Drivers
- Rising demand from the pharmaceutical sector
People in developing and developed countries have changed their preferences from synthetic to bio-based or green products because of their health and wellbeing concerns. As a result of this, numerous cosmetics and personal care product manufacturers have begun to produce bio-based products. The bio-based waxes such as beeswax, carnauba wax and candelilla wax, among others, are replacing paraffin and synthetic wax in cosmetic and personal care product manufacturing company which is expected to drive the growth of the market.
- Growing demand for synthetic wax
Synthetic wax is significant part of several industries such as plastic, paints & coatings, and adhesive. The demand for the paints and adhesives is anticipated to upsurge due to the growth of the building & construction industry. Growth of several end-use industries is also expected to drive the demand for the synthetic wax market, eventually boosting the market growth rate.
Furthermore, increasing wax demand from applications such as tire and rubber as well as coating and polishes, food, pharmaceutical and personal care industries are likely to enhance the market growth. Also, increasing acceptance of synthetic waxes along with growing demand for renewable products and eco-friendly are also anticipated to flourish the growth of the target market.
Opportunities
- Growing demand for candles
Use of wax candles has become a vital household essential. Candles are available in several shapes, sizes and product range such as utility, birthday, taper, teal light container to novelty candles. These are used for many purposes such as aromatherapy for stress reduction and relaxation and home decor. The high share of wax market is mainly due to the increasing demand for aromatherapy through scented candles. As per the report of National Candle Association, around 7 out of 10 households use scented candles as home fragrance products and candles for stress-related therapies. The market is characterized by the ease of purchase and availability of various candles through many distribution channels. The growing demand for candles for several purposes, mainly for aromatherapy, is anticipated to create numerous opportunities for market growth.
Restraints/ Challenges
- Volatility in the price of raw materials
The fluctuations in feedstock prices and increasing cost of bio-based and synthetic waxes are some major factors which will act as the major limitation for the wax market growth during the forecast period of 2022-2029. Moreover, the decreasing use of fossil-based wax in the packaging industry and availability of other alternatives are also some other factors which will further restraint the market growth rate.
This wax market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wax market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Wax Market
The outbreak of the COVID-19 epidemic has severally affected the growth of the global wax market. The wax market saw a decline in the economic growth in almost several major countries, thus affecting customer spending patterns. The shutdown and lockdown imposed by the government in many countries, national and international transport have significantly disrupted the supply chain of product and raw materials in many industries overall the globe. Thus, insufficiency in raw material supply is anticipated to obstruct the manufacturing rate of wax, which has negatively impacted the growth of the wax market.
Recent Development
- In August 2021, Sasol Ltd signed a deal with DKSH Management Ltd (Switzerland) for the distribution, marketing and logistics of chemicals and wax products in the European market,
- In March 2021, Calumet Specialty Products Partners acquired Paralogics, LLC (U.S.), a producer of candle and industrial wax mixtures, and now has a formulating and blending capacity of 20 million pounds/year.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Wax Market Scope
The wax market is segmented on the basis of product type, industry and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Paraffin Waxes
- Microcrystalline Waxes
- Gas-to-liquids (GTL) Waxes
- Polymer Waxes
- Fischer-Tropsch Waxes
- Vegetable Waxes
- Animal & Insect Waxes
- Other Waxes
Industry
- Plastic & Rubber
- Adhesives & Sealants
- Paper & Paperboard
- Building and Construction
- Inks & Coatings
- Packaging
- Pharmaceuticals
- Cosmetics & Toiletries Industry
- Automotive
- Firelogs
Applications
- Candles
- Rheology/Surface Applications
- Polish
- Cosmetics
- Rubber
- Soap Wax
- Hot-melt adhesive
- Other Applications
Wax Market Regional Analysis/Insights
The wax market is analysed and market size insights and trends are provided by country, product type, industry and application as referenced above.
蜡市场报告涵盖的国家包括北美洲的美国、加拿大和墨西哥、欧洲的德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、亚太地区的中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太地区（APAC）的其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲（MEA）的其他地区、南美洲的巴西、阿根廷和南美洲其他地区。
亚太地区在收入和市场份额方面占据蜡市场的主导地位。这是因为随着技术不断发展，对蜡的需求量很大，从而推动了该地区对粘合剂的需求。
由于北美拥有强大的化妆品和个人护理产品制造公司，预计在 2022-2029 年预测期内，北美将成为发展最快的地区。
报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测各个国家市场情景的一些指标。此外，在提供国家数据的预测分析时，还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
竞争格局和蜡市场份额分析
蜡市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对蜡市场的关注有关。
蜡市场的一些主要参与者包括：
- 巴斯夫公司（德国）
- 科莱恩（瑞士）
- Numaligarh 炼油有限公司 (印度)
- Trecora Resources（美国）
- 印度石油有限公司 (IOCL) (印度)
- Goyel Chemical Corporation（印度）
- 日本精染株式会社（日本）
- 艾利丹尼森公司（美国）
- Marcusoil（美国）
- 三井化学株式会社（日本）
- 3M（美国）
- 西卡集团（瑞士）
- 霍尼韦尔国际公司（美国）
- Westlake Corporation（美国）
- CPCL（印度）
- Innospec (美国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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