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Materials and Chemicals

Global Wax Market Size study, By Product (Synthetic, Mineral), By Application (Candles, Cosmetics & Toiletries) and Regional Forecasts 2021-2027

  • BIZ4594960
  • 200 Pages
  • June 2021
  • Materials and Chemicals
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Global Wax Market is valued approximately USD 10.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 2.8 % over the forecast period 2021-2027. Wax refers to a class of hydrocarbon fats with a melting point above 40°C. It is used in coatings, additives and various other end-uses. Rising interest for wax in different applications, including candles, bundling, elastic and plastic handling, beautifiers and toiletries, fire logs, cements, building sheets, drugs, and family and auto shines and High consumption of wax has its benefit in including UV resistance, anti-caking properties, excellent insulation, and resistance from microorganisms has led the adoption of Wax across the forecast period. For Instance More than 1 billion pounds of wax are utilized in delivering the candles sold every year in the U.S. It is assessed that in excess of 10,000 distinctive flame fragrances are accessible to U.S. customers. Roughly 35% of candle deals happen during the Christmas/Holiday season. Non-occasional business represents roughly 65% of candles sales.. However, unavailability of raw material impedes the growth of the market over the forecast period of 2021-2027. Also, Innovative product from adhesives, agriculture, and textile application sectors is likely to increase the market growth during the forecast period.

The regional analysis of global Wax market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific drove the market in 2019 with a portion of 33.6%. It is projected to be the biggest just as the quickest developing provincial market over the forecast period. This development is credited to expanded development exercises across the globe driving the interest for adhesives, which is one of the prominent applications for waxes. Also, innovative advancements have prodded the interest for cements in the region. This, thus, is expected to emphatically impact market development over the forecasted years.

Major market player included in this report are:

Sinopec Corp.

China National Petroleum Corporation (CNPC)

HollyFrontier Corp.

BP PLC

Nippon Seiro Co., Ltd.

Baker Hughes

Exxon Mobil Corp.

Sasol Ltd.

International Group Inc. (IGI)

Evonik Industries AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product :

Synthetic,

Mineral

By Application :

Candles,

Cosmetics & Toiletries

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Wax Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Wax Market, by Region, 2019-2027 (USD Billion)

1.2.2. Wax Market, by Product , 2019-2027 (USD Billion)

1.2.3. Wax Market, by Application , 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Wax Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Wax Market Dynamics

3.1. Wax Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising demand for wax in various applications

3.1.1.2. High consumption of wax owing to its advantages

3.1.2. Market Challenges

3.1.2.1. High investment required

3.1.3. Market Opportunities

3.1.3.1. Innovative products from adhesives, agriculture, and textile application sectors

Chapter 4. Global Wax Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Wax Market, by Product

5.1. Market Snapshot

5.2. Global Wax Market by Product , Performance - Potential Analysis

5.3. Global Wax Market Estimates & Forecasts by Product 2018-2027 (USD Billion)

5.4. Wax Market, Sub Segment Analysis

5.4.1. Synthetic,

5.4.2. Mineral

Chapter 6. Global Wax Market, by Application

6.1. Market Snapshot

6.2. Global Wax Market by Application , Performance - Potential Analysis

6.3. Global Wax Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

6.4. Wax Market, Sub Segment Analysis

6.4.1. Candles,

6.4.2. Cosmetics & Toiletries

Chapter 7. Global Wax Market, Regional Analysis

7.1. Wax Market, Regional Market Snapshot

7.2. North America Wax Market

7.2.1. U.S. Wax Market

7.2.1.1. Product breakdown estimates & forecasts, 2018-2027

7.2.1.2. Application breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Wax Market

7.3. Europe Wax Market Snapshot

7.3.1. U.K. Wax Market

7.3.2. Germany Wax Market

7.3.3. France Wax Market

7.3.4. Spain Wax Market

7.3.5. Italy Wax Market

7.3.6. Rest of Europe Wax Market

7.4. Asia-Pacific Wax Market Snapshot

7.4.1. China Wax Market

7.4.2. India Wax Market

7.4.3. Japan Wax Market

7.4.4. Australia Wax Market

7.4.5. South Korea Wax Market

7.4.6. Rest of Asia Pacific Wax Market

7.5. Latin America Wax Market Snapshot

7.5.1. Brazil Wax Market

7.5.2. Mexico Wax Market

7.6. Rest of The World Wax Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Sinopec Corp

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. China National Petroleum Corporation (CNPC)

8.2.3. HollyFrontier Corp.

8.2.4. BP PLC

8.2.5. Nippon Seiro Co., Ltd.

8.2.6. Baker Hughes

8.2.7. Exxon Mobil Corp.

8.2.8. Sasol Ltd.

8.2.9. International Group Inc. (IGI)

8.2.10. Evonik Industries AG

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Wax market, report scope

TABLE 2. Global Wax market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Wax market estimates & forecasts by Product 2018-2027 (USD Billion)

TABLE 4. Global Wax market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 5. Global Wax market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Wax market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Wax market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Wax market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Wax market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Wax market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Wax market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Wax market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Wax market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Wax market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. U.S. Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. U.S. Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. Canada Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Canada Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. UK Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. UK Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UK Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Germany Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Germany Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. RoE Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. RoE Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoE Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. China Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. China Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. India Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. India Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Japan Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Japan Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. RoAPAC Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. RoAPAC Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPAC Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Brazil Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Brazil Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Mexico Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. Mexico Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. RoLA Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. RoLA Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLA Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Row Wax market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Row Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row Wax market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global Wax market

TABLE 55. List of primary sources, used in the study of global Wax market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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