Wax Emulsion Market Research: Key Findings and Strategic Recommendations

 The global wax emulsion market size is expected to reach USD 3.07 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by several key factors, such as rising consumption in the paints and coatings industry in order to improve scratch resistance, impart gloss and sheen, enhance water repellency, and provide a smooth finish.

In addition, wax emulsion products also find extensive application in adhesives and sealants, where they contribute superior bonding strength, flexibility to accommodate joint movement and resistance to moisture and environmental elements. Furthermore, industries such as textiles utilize wax emulsions due to impart softness, water repellency, and crease resistance to fabrics.

 

The report “Wax Emulsion Market Size, Share & Trends Analysis Report, By Material (Synthetic & Natural), By Product (Paraffin, Carnauba), By End Use, By Region And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly

 

However, such products compete with alternative technologies and materials, such as solvent-based formulations or other additives, which can sometimes offer comparable or enhanced performance characteristics at competitive prices. Similarly, the complexity of formulating wax emulsions to meet specific application requirements, such as viscosity, stability, or compatibility with other ingredients, can pose technical challenges for manufacturers and formulators.

 

 

Wax Emulsion Market Report Highlights:

  • Based on material, a synthetic form of the product dominated the market with a revenue share of around 67% in 2023 due to their consistent quality and purity which enhances stability and performance in formulations compared to natural waxes.
  • Based on product, paraffin wax emulsion dominated the market with a revenue share of over 50% in 2023. The segment growth is attributed to its affordability.
  • Based on end use, paints and coatings end use dominated the market with a revenue share of 47.4% in 2023. The growth is attributed to enhancing water repellency, durability water repellency, and surface protection.
  • Asia Pacific dominated the market segment with a revenue share of over 43% in 2023. The region in paints and coating production; thus, it holds the highest share in global product consumption.

 

Order your free sample copy of “Wax Emulsion Market Report 2024 - 2030, published by Grand View Research

 

Wax Emulsion Market Segmentation

Grand View Research has segmented the global wax emulsion market based on material, product, end use, and region:

Wax Emulsion Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030­)

o   Synthetic

o   Natural

Wax Emulsion Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

o   Paraffin

o   Carnauba

o   Polyethylene

o   Polypropylene

o   Others

Wax Emulsion End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

o   Paints & Coatings

o   Adhesives & Sealants

o   Cosmetics

o   Textiles

o   Others

Wax Emulsion Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)

o   North America

▪        U.S.

▪        Canada

▪        Mexico

o   Europe

▪        Germany

▪        UK

▪        France

▪        Italy

▪        Spain

o   Asia Pacific

▪        China

▪        India

▪        Japan

▪        South Korea

o   Central & South America

▪        Brazil

▪        Argentina

o   Middle East and Africa

▪        Saudi Arabia

▪        South Africa

 

 

 

List of Key Players in the Wax Emulsion Market

●      BASF SE

●      Nippon Seiro Co.

●      Altana AG

●      Sasol Limited

●      Exxon Mobil Corporation

●      Hexion

●      The Lubrizol Corporation

●      Danquinsa GmbH

●      RAZON CONSTRUCTION CHEMICALS

●      Khavaran Paraffin

 

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Micronized PTFE Market Overview, Industry Value Chain, Competitive Landscape, Segmentation by Type and Application 2013-2028

Image
The global Micronized PTFE market was valued at $XX million in 2017, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028. This report provides detailed historical analysis of global market for Micronized PTFE from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Micronized PTFE market. Leading players of Micronized PTFE including: • 3M • Shamrock Technologies • Micro Powder (MPI) • Solvay • AGC • Daikin • Gujarat Fluorochemicals • Chemours (DuPont) • ECO U.S.A • Dreyplas • Reprolon Texas • MAFLON • Fluorez Technology • Tianyuxiang • Norshine • Nanjin Tianshi • Sichuan Chenguang • 3F • Yanggi • Zhejiang Juhua • Shanghai Joule Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-m...
Read more

Global Dimethyl Sulfoxide (DMSO) Industry Growth, Top Players, Regions, Application and Forecast 2019-2023

Dimethyl sulfoxide (DMSO) is a highly polar and water miscible organic liquid. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Dimethyl Sulfoxide (DMSO) Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). In this report, the global Dimethyl Sulfoxide (DMSO) market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2023, growing at a CAGR of XX% during the period 2019 to 2023. Download Free Sample Report @ https://www.radiantinsights.com/research/global-dimethyl-sulfoxide-dmso-market-research-report-2019-2023/request-sample The report firstly introduced the Dimethyl Sulfoxid...
Read more

Law Enforcement Personal Protective Equipment Market Players: Armorsource LLC, Lakeland Industries, Inc., Avon Rubber PLC, And COFRA SRL

  Law Enforcement Personal Protective Equipment Industry Overview The global  law enforcement personal protective equipment market  size is expected to reach USD 5.24 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.3% from 2019 to 2028. Rising awareness pertaining to officer safety in tactical and riot control situations is anticipated to have a positive impact on the market growth. Growing government procurement globally to produce lightweight advanced protective equipment for law enforcement agencies is expected to boost the market demand over the forecast period. Furthermore, rising government subsidies and donations to law enforcement agencies are likely to boost the demand for personal protective equipment by the officers. The COVID-19 pandemic outbreak has increased the demand for  PPE  in law enforcement agencies as they have to constantly be in touch with the public to perform their dutie...
Read more