Product Code: GVR-4-68040-359-8
Wax Emulsion Market Size & Trends
The global wax emulsion market size was estimated at USD 2.23 billion in 2023 and is projected grow at a CAGR of 4.7% from 2024 to 2030, owing to its rising consumption in the paints and coatings industry. The product is used as an additive in paints & coatings to improve scratch resistance, impart gloss and sheen, enhance water repellency, and provide a smooth finish.
As per Coatings World, the global paints & coatings market reached USD 177.4 billion in 2023 and is further expected to reach USD 269 billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2023-2032. The end use market growth of the product is further expected to increase product consumption globally in the coming years. The product contributes significantly to formulating coatings that offer enhanced durability against abrasion and weathering, making them ideal for applications in architectural paints, industrial coatings, and automotive finishes.
Moreover, the product also finds extensive application in adhesives and sealants, contributing to superior bonding strength, flexibility to accommodate joint movements and resistance to moisture and environmental elements. Furthermore, industries such as textiles utilize wax emulsions to impart softness, water repellency, and crease resistance to fabrics. The product market faces several restraints impacting its growth and adoption across industries. One significant challenge is the competition from alternative technologies and materials, such as solvent-based formulations or other additives, which can sometimes offer comparable or enhanced performance characteristics at competitive prices.
The complexity of formulating wax emulsions to meet specific application requirements, such as achieving desired viscosity, stability, or compatibility with other ingredients, can pose technical challenges for manufacturers and formulators.
Global Wax Emulsion Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global wax emulsion market report based on material, product, end-use, and region:
- Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030¬)
- Synthetic
- Natural
- Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Paraffin
- Carnauba
- Polyethylene
- Polypropylene
- Others
- End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Paints & Coatings
- Adhesives & Sealants
- Cosmetics
- Textiles
- Others
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Wax Emulsion Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Wax Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing/ Technology Trends
- 3.2.3. Sales Channel Analysis
- 3.2.4. Price Trend Analysis
- 3.2.4.1. Factors Influencing Prices
- 3.3. Regulatory Framework, By Regions
- 3.4. Supply Demand Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Wax Emulsion Market: Material Estimates & Trend Analysis
- 4.1. Material Movement Analysis & Market Share, 2023 & 2030
- 4.2. Synthetic
- 4.2.1. Synthetic Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 4.3. Natural
- 4.3.1. Natural Wax Emulsion Market Estimates & Forecast, 2018 to 2030 (USD Million) (Kilotons)
Chapter 5. Wax Emulsion Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2023 & 2030
- 5.2. Paraffin
- 5.2.1. Paraffin Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.3. Carnauba
- 5.3.1. Carnauba Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Polyethylene
- 5.4.1. Polyethylene Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Polypropylene
- 5.5.1. Polypropylene Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Other
- 5.6.1. Other Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Wax Emulsion Market: End Use Estimates & Trend Analysis
- 6.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 6.2. Paints & Coatings
- 6.2.1. Wax Emulsion Market Estimates & Forecast, in Paints & Coatings, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Adhesives & Sealants
- 6.3.1. Wax Emulsion Market Estimates & Forecast, in Adhesives & Sealants, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Cosmetics
- 6.4.1. Wax Emulsion Market Estimates & Forecast, in Cosmetics, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Textiles
- 6.5.1. Wax Emulsion Market Estimates & Forecast, in Textiles, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Other End Use
- 6.6.1. Wax Emulsion Market Estimates & Forecast, in Other End Use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Wax Emulsion Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key country dynamics
- 7.2.2.2. U.S. Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key country dynamics
- 7.2.3.2. Canada Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Key country dynamics
- 7.2.4.2. Mexico Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3. Europe
- 7.3.1. Europe Organic Fertilizer Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Key country dynamics
- 7.3.2.2. Germany Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.3. UK
- 7.3.3.1. Key country dynamics
- 7.3.3.2. UK Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.4. France
- 7.3.4.1. Key country dynamics
- 7.3.4.2. France Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Key country dynamics
- 7.3.5.2. Italy Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Key country dynamics
- 7.3.6.2. Spain Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.2. China
- 7.4.2.1. Key country dynamics
- 7.4.2.2. China Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.3. India
- 7.4.3.1. Key country dynamics
- 7.4.3.2. India Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.4. Japan
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Japan Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. Key country dynamics
- 7.4.5.2. South Korea Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.5. Central & South America
- 7.5.1. Central & South America Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Brazil Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.3. Argentina
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Argentina Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middles East & Africa Wax Emulsion Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Saudi Arabia Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. Key country dynamics
- 7.6.3.2. South Africa Wax Emulsion Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8. Wax Emulsion Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Key Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Vendor Landscape
- 8.4.1. List of Distributors
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. BASF SE
- 8.6.1.1. Participant's overview
- 8.6.1.2. Financial performance
- 8.6.1.3. Product benchmarking
- 8.6.1.4. Recent developments
- 8.6.2. Nippon Seiro Co
- 8.6.2.1. Participant's overview
- 8.6.2.2. Financial performance
- 8.6.2.3. Product benchmarking
- 8.6.2.4. Recent developments
- 8.6.3. Altana AG
- 8.6.3.1. Participant's overview
- 8.6.3.2. Financial performance
- 8.6.3.3. Product benchmarking
- 8.6.3.4. Recent developments
- 8.6.4. Sasol Limited
- 8.6.4.1. Participant's overview
- 8.6.4.2. Financial performance
- 8.6.4.3. Product benchmarking
- 8.6.4.4. Recent developments
- 8.6.5. Exxon Mobil Corporation
- 8.6.5.1. Participant's overview
- 8.6.5.2. Financial performance
- 8.6.5.3. Product benchmarking
- 8.6.5.4. Recent developments
- 8.6.6. Hexion
- 8.6.6.1. Participant's overview
- 8.6.6.2. Financial performance
- 8.6.6.3. Product benchmarking
- 8.6.6.4. Recent developments
- 8.6.7. The Lubrizol Corporation
- 8.6.7.1. Participant's overview
- 8.6.7.2. Financial performance
- 8.6.7.3. Product benchmarking
- 8.6.7.4. Recent developments
- 8.6.8. Danquinsa GmbH
- 8.6.8.1. Participant's overview
- 8.6.8.2. Financial performance
- 8.6.8.3. Product benchmarking
- 8.6.8.4. Recent developments
- 8.6.9. RAZON CONSTRUCTION CHEMICALS
- 8.6.9.1. Participant's overview
- 8.6.9.2. Financial performance
- 8.6.9.3. Product benchmarking
- 8.6.9.4. Recent developments
- 8.6.10. Khavaran Paraffin
- 8.6.10.1. Participant's overview
- 8.6.10.2. Financial performance
- 8.6.10.3. Product benchmarking
- 8.6.10.4. Recent developments