Microcrystalline wax is a refined mixture of solid, saturated hydrocarbons, mainly branched paraffin, obtained from petroleum.
Microcrystalline wax is a refined mixture of solid, saturated hydrocarbons, mainly branched paraffin, obtained from petroleum. Microcrystalline wax has many types according to different melting point. Commonly, microcrystalline wax is applied in rubber industry, explosive industry, cosmetic and pharmaceutical, food industry, resin industry, electronics industry and others. In 2015, amount of microcrystalline wax applied in rubber industry took 24.39%. Cosmetic and pharmaceutical used microcrystalline wax took 13.75% and explosive industry used 12.97% of global microcrystalline wax. Microcrystalline wax used in food industry took 10.48%. In resin industry, microcrystalline wax consumed amount took 14.38% of total.
According to this study, over the next five years the Microcrystalline Wax market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 990 million by 2024, from US$ 790 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Microcrystalline Wax business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Microcrystalline Wax market by product type, application, key manufacturers and key regions and countries.
This study considers the Microcrystalline Wax value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
75#
85#
90#
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Rubber industry
Explosive industry
Cosmetic and Pharmaceutical
Food industry
Resin industry
Electronics industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Strahl & Pitsch
Sonneborn
Sasol
Paramelt
Shell
International Group (IGI)
Frank B. Ross
Lanxess
Sinopec Nanyang Energy Chemical
Huatai Chemical
Kahl Wax
Industrial Raw Materials (IRM)
Taiwan Wax
Hase Petroleum Wax
Nippon Seiro
Blended Waxe (BWI)
Senlin Laye
Henghong
Dongnam Petrochemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Microcrystalline Wax consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Microcrystalline Wax market by identifying its various subsegments.
Focuses on the key global Microcrystalline Wax manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microcrystalline Wax with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Microcrystalline Wax submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Microcrystalline Wax . Industry analysis & Market Report on Microcrystalline Wax is a syndicated market report, published as Global Microcrystalline Wax Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Microcrystalline Wax market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.