Market Overview:
The global oxidized polyethylene wax market exhibited negative growth in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Oxidized polyethylene (PE) wax is a resin that offers high bond strength and improved adherence when used in varnishes, inks, coatings, and textiles. It is widely used as a polymer additive, polyvinyl chloride (PVC) lubricant, aqueous emulsion, and protective coating for floors, tiles, and furniture. Additionally, it is employed in the food and beverage (F&B) industry as a defoamer and packaging adhesive and for the surface treatment of various fruits and vegetables. Other uses of oxidized PE wax include incorporating hydrophobic substances into aqueous systems and coating metals for aesthetic purposes and reducing aging.
Oxidized Polyethylene Wax Market Trends:
The global market growth can be attributed to the extensive utilization of oxidized PE wax in various end use industries. For instance, it finds application in the construction industry as a sealer or to protect concrete. Moreover, it is used in floor finishes to minimize black marks, provide stability, enhance friction, and decrease slipping. It can also be utilized to coat plastic materials and provide them protection. This, in confluence with the growing demand for building services and the increasing number of infrastructure projects worldwide, is acting as a key factor influencing the market positively. Apart from this, with the rising environmental concerns, several companies from different industry verticals are adopting oxidized PE waxes to produce bacterial polyhydroxyalkanoates (PHAs). In addition to this, the escalating demand for PHAs is anticipated to strengthen the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global oxidized polyethylene wax market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
Breakup by Product:
Breakup by Application:
- Plastic Processing
- Paints and Coatings
- Textiles
- Rubber Processing
- Metal Processing
- Adhesives
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Clariant AG, Deurex Ag, Honeywell International Inc, Industrial Raw Material LLC, Innospec Inc., Mitsui Chemicals Inc, Palmer Holland, The Lubrizol Corporation (Berkshire Hathaway Inc.), Trecora Resources, Westlake Chemical Corporation and Zellag.
Key Questions Answered in This Report:
- How has the global oxidized polyethylene wax market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global oxidized polyethylene wax market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global oxidized polyethylene wax market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Oxidized Polyethylene Wax Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 High-density
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Low-density
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Plastic Processing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Paints and Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Textiles
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Rubber Processing
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Metal Processing
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Adhesives
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 BASF SE
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Clariant AG
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3 Deurex Ag
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Honeywell International Inc
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Industrial Raw Material LLC
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Innospec Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Mitsui Chemicals Inc
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Palmer Holland
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 The Lubrizol Corporation (Berkshire Hathaway Inc.)
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 SWOT Analysis
13.3.10 Trecora Resources
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.11 Westlake Chemical Corporation
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.12 Zellag
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Oxidized Polyethylene Wax Market: Major Drivers and Challenges
Figure 2: Global: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Oxidized Polyethylene Wax Market: Breakup by Product (in %), 2020
Figure 5: Global: Oxidized Polyethylene Wax Market: Breakup by Application (in %), 2020
Figure 6: Global: Oxidized Polyethylene Wax Market: Breakup by Region (in %), 2020
Figure 7: Global: Oxidized Polyethylene Wax (High-density) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Oxidized Polyethylene Wax (High-density) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Oxidized Polyethylene Wax (Low-density) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Oxidized Polyethylene Wax (Low-density) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Oxidized Polyethylene Wax (Plastic Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Oxidized Polyethylene Wax (Plastic Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Oxidized Polyethylene Wax (Paints and Coatings) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Oxidized Polyethylene Wax (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Oxidized Polyethylene Wax (Textiles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Oxidized Polyethylene Wax (Textiles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Oxidized Polyethylene Wax (Rubber Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Oxidized Polyethylene Wax (Rubber Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Oxidized Polyethylene Wax (Metal Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Oxidized Polyethylene Wax (Metal Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Oxidized Polyethylene Wax (Adhesives) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Oxidized Polyethylene Wax (Adhesives) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Oxidized Polyethylene Wax (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Oxidized Polyethylene Wax (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: North America: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: North America: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Canada: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Canada: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Asia-Pacific: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Asia-Pacific: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: China: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: China: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Japan: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Japan: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: India: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: India: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: South Korea: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: South Korea: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Australia: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Australia: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Indonesia: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Indonesia: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Others: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Others: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Europe: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Europe: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Germany: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Germany: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: France: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: France: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: United Kingdom: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: United Kingdom: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Italy: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Italy: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Spain: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Spain: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Russia: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Russia: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Others: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Others: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Latin America: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Latin America: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Brazil: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Brazil: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Mexico: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Mexico: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Middle East and Africa: Oxidized Polyethylene Wax Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Middle East and Africa: Oxidized Polyethylene Wax Market: Breakup by Country (in %), 2020
Figure 73: Middle East and Africa: Oxidized Polyethylene Wax Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Global: Oxidized Polyethylene Wax Industry: SWOT Analysis
Figure 75: Global: Oxidized Polyethylene Wax Industry: Value Chain Analysis
Figure 76: Global: Oxidized Polyethylene Wax Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Oxidized Polyethylene Wax Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Oxidized Polyethylene Wax Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Oxidized Polyethylene Wax Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Oxidized Polyethylene Wax Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Oxidized Polyethylene Wax Market: Competitive Structure
Table 6: Global: Oxidized Polyethylene Wax Market: Key Players