Wax Market Analysis By Product (Mineral Wax, Synthetic Wax, natural Wax), By Application (Candles, Packaging, Rubber, Cosmetics, Fire Logs, Adhesives), By Region, And Segment Forecasts, 2014 - 2025

The global wax market is expected to reach USD 12.9 billion by 2025, and is expected to grow at a CAGR of 3.7% from 2017 to 2025

Rising demand for the product owing to its superior properties including high gloss, non-toxicity, good water repellency and outstanding chemical resistance is anticipated to augment the industry size over the forecast period.

The growing consumption of synthetic wax as it offers various properties such as thermal degradation resistance, high temperature stability and good heat resistance is likely to increase its demand in creams, eye make-ups and lipsticks in cosmetics applications.

Natural wax has been emerging as a potential mineral and synthetic wax alternative on account of its ability to provide luster and excellent oil retention coupled with environment friendly nature. High scuff-resistant toughness and melting point, and chemical stability of the product as a substitute to paraffin, microcrystalline and polyethylene waxes is expected to witness promising gains over the upcoming years.

The candles accounted for 36.01% of the overall revenue share in 2016 and is expected to witness growth owing to high usage of the product are as gift items for various occasions, including house warming gifts, adult birthday party gifts as well as thank you and dinner/hostess party gifts. The increasing demand for blended, palm and soy waxes in candles industry is expected to augment the overall wax consumption in the near future.

Further Key Findings From the Report Suggest:

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary
2.2 Market Snapshot

Chapter 3 Wax Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 Penetration & growth prospect mapping
3.3 Value chain analysis
3.4 Raw material outlook
3.4.1 Mineral wax
3.4.2 Synthetic wax
3.4.3 Natural wax
3.5 Technological overview
3.6 Regulatory Framework
3.7 Market dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Increasing printing ink and coating industry
3.7.1.2 Emerging end-use industries
3.7.1.3 Rising acceptance for synthetic waxes
3.7.2 Market restraint analysis
3.7.2.1 Associated environmental problems
3.7.2.2 Volatile raw material prices
3.8 Wax market Porter's analysis
3.8.1 Wax - PESTEL Analysis

Chapter 4 Wax Market: Product Estimates & Trend Analysis
4.1 Product Movement Analysis & Market Share, 2016 & 2025
4.2 Mineral Wax
4.3 Synthetic Wax
4.4 Natural Wax

Chapter 5 Wax Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2016 & 2025
5.2 Candles
5.3 Packaging
5.4 Plastic & Rubber
5.5 Cosmetics & Toiletries
5.6 Fire logs
5.7 Adhesives
5.8 Others

Chapter 6 Wax market: Regional Estimates & Trend Analysis

Chapter 7 Competitive Landscape
7.1 Wax market company ranking analysis, 2016
7.2 Vendor landscape
7.3 Competitive environment
7.4 Company market positioning
7.5 Strategy framework

Chapter 8 Company Profiles

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