Wax Global Market Report 2021 - COVID-19 Growth and Change

Market Overview

The global Wax market size is estimated at 12.9 billion USD with a CAGR of 3.1% during the forecasted period from 2021-2028.

The key factors that drive the market growth is attributed to the increasing applications such as paints & coatings, cosmetic & toiletries, candles, etc. Rising cosmetic sector due to growing awareness about several products along with increasing trend of online shopping is projected to fuel the market growth. In addition, rising use of wax in packaging sectors is propelling the market size. Moreover, surge in research and development activities positively impacts the wax market. On the other hand, unstable prices of raw materials and environmental concerns is expected to pose a threat to the wax market growth.

Market Dynamics

Growing demand from the cosmetics industry, where wax has widespread application in lipsticks, mascaras, moisturizing creams, and sunblock, and increase in usage of waxes in the packaging industry are the major factors driving the growth of the global wax market. However, fluctuating prices of raw materials, and environment concerns may hamper the market from growing. Moreover, rapidly expanding personal care, pharmaceutical, food, and polymer processing sectors is likely to gain significant impetus for the Wax market share in the coming years.

Market Segmentation

The study provides a crucial view of the wax by segmenting the market based on the product, application, and geography. The product segment includes mineral wax, synthetic wax, and natural wax. Candles, plastic & rubber, cosmetics & toiletries, packaging, adhesives, fire logs, and others are the classification of the application segment. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America.

Scope of the Global Wax Market

By Product

• Mineral Wax
• Synthetic Wax
• Natural Wax

By Application

• Candles
• Plastic & Rubber
• Cosmetics & Toiletries
• Packaging
• Adhesives
• Fire Logs
• Others

By Geography

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Korea
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Rest of the World
  • Middle East
  • Africa

TABLE OF CONTENTS

Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Market Scope

Chapter 2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources

Chapter 3 Market Overview
3.1 Report Segmentation & Scope
3.2 Key Market Trends
3.2.1 Drivers
3.2.2 Restraints
3.2.3 Opportunities
3.3 Porter’s Five Forces Analysis
3.4 Market Share Analysis

Chapter 4 Global Wax Market by Product: Market Size and Forecast, 2018 – 2026
4.1 Introduction
4.1.1 Market Size and Forecast
4.2 Mineral Wax
4.2.1 Market Size and Forecast
4.3 Synthetic Wax
4.3.1 Market Size and Forecast
4.4 Natural Wax
4.4.1 Market Size and Forecast

Chapter 5 Global Wax Market by Application: Market Size and Forecast, 2018 – 2026
5.1 Introduction
5.1.1 Market Size and Forecast
5.2 Candles
5.2.1 Market Size and Forecast
5.3 Packaging
5.3.1 Market Size and Forecast
5.4 Cosmetics & Toiletries
5.4.1 Market Size and Forecast
5.5 Plastic & Rubber
5.5.1 Market Size and Forecast
5.6 Fire Logs
5.6.1 Market Size and Forecast
5.7 Adhesives
5.7.1 Market Size and Forecast
5.8 Others
5.8.1 Market Size and Forecast

Chapter 6 Global Wax Market by Geography: Market Size and Forecast, 2018 – 2026
6.1 Introduction
6.1.1 Market Size and Forecast
6.2 North America
6.2.1 North America Market Size & Forecast, By Country
6.2.2 North America Market Size & Forecast, By Product
6.2.3 North America Market Size & Forecast, By Application
6.2.4 The U.S.
6.2.4.1 Market Size and Forecast
6.2.5 Canada
6.2.5.1 Market Size and Forecast
6.2.6 Mexico
6.2.6.1 Market Size and Forecast
6.3 Europe
6.3.1 Europe Market Size and Forecast, By Country
6.3.2 Europe Market Size and Forecast, By Product
6.3.3 Europe Market Size and Forecast, By Application
6.3.4 UK
6.3.4.1 Market Size and Forecast
6.3.5 Germany
6.3.5.1 Market Size and Forecast
6.3.6 France
6.3.6.1 Market Size and Forecast
6.3.7 Italy
6.3.7.1 Market Size and Forecast
6.3.8 Spain
6.3.8.1 Market Size and Forecast
6.3.9 Rest of Europe
6.3.9.1 Market Size and Forecast
6.4 Asia-Pacific
6.4.1 Asia-Pacific Market Size and Forecast, By Country
6.4.2 Asia-Pacific Market Size and Forecast, By Product
6.4.3 Asia-Pacific Market Size and Forecast, By Application
6.4.4 India
6.4.4.1 Market Size and Forecast
6.4.5 China
6.4.5.1 Market Size and Forecast
6.4.6 Australia
6.4.6.1 Market Size and Forecast
6.4.7 Japan
6.4.7.1 Market Size and Forecast
6.4.8 South Korea
6.4.8.1 Market Size and Forecast
6.4.9 Rest of Asia-Pacific
6.4.9.1 Market Size and Forecast
6.5 South America
6.5.1 South America Market Size and Forecast, By Country
6.5.2 South America Market Size and Forecast, By Product
6.5.3 South America Market Size and Forecast, By Application
6.5.4 Brazil
6.5.4.1 Market Size and Forecast
6.5.5 Rest of South America
6.5.5.1 Market Size and Forecast
6.6 RoW
6.6.1 RoW Market Size and Forecast, By Country
6.6.2 RoW Market Size and Forecast, By Product
6.6.3 RoW Market Size and Forecast, By Application
6.6.4 Middle East
6.6.4.1 Market Size and Forecast
6.6.5 Africa
6.6.5.1 Market Size and Forecast

Chapter 7 Company Profiles
7.1 BASF SE
7.2 Evonik Industries AG
7.3 ExxonMobil Corp.
7.4 HollyFrontier Corp.
7.5 Royal Dutch Shell Plc
7.6 Sinopec Corp.
7.7 The China National Petroleum Corp. (CNPC)

Wax Market Key Players

• BASF SE
• Evonik Industries AG
• ExxonMobil Corp.
• HollyFrontier Corp.
• Royal Dutch Shell Plc
• Sinopec Corp.
• The China National Petroleum Corp. (CNPC)