According to a new market report published by Lucintel, the future of the polyethylene wax market looks promising with opportunities in the printing inks, adhesives, masterbatches, plastics, and rubber industries. The global polyethylene wax market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are rising shale gas production, growing demand from the coating and printing ink sectors, and increasing product demand in PVC production.
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Polyethylene (PE) wax is a type of synthetic wax that is manufactured by polymerization of ethylene. In this market, high density polymerized, low density polymerized, oxidized, acid-modified, and low density cracked PE wax are the major product types of polyethylene wax. Lucintel forecasts that high density polyethylene wax will remain the largest segment over the forecast period due to its high density and tensile strength.
Within this market, the masterbatch industry will remain the largest segment by application over the forecast period owing to its wide application as plastic additives.
Asia Pacific will remain the largest region over the forecast period due to rapid industrialization and high polyethylene supplies in the region.
Baker Hughes, BASF, Clariant, Honeywell, Mitsui Chemicals, Hase Petroleum Wax, Zell Chemie, Marcus Oil & Chemicals, Trecora Chemical; and OPI Inc. are among the major suppliers in the global polyethylene wax market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global polyethylene wax market by application, product type, technology, form, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Polyethylene Wax Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global polyethylene wax market by application, product type, technology, form, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Printing Inks
Adhesives
Masterbatches
Plastics
Rubbers
Others
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
High Density Polymerized PE Wax
Low Density Polymerized PE Wax
Oxidized PE Wax
Acid-Modified PE Wax
Low Density Cracked PE Wax
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
Polymerization
Modification
Thermal Cracking
By Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.