全球蠟市場規模、佔有率和成長分析：按產品、應用和地區分類 - 產業預測（2024-2031）

Wax Market Size, Share, Growth Analysis, By Product Type (Mineral, Synthetic, Natural), By Application (Candles, Packaging, Plastic & Rubber, Pharmaceuticals), By Region - Industry Forecast 2024-2031

出版日期: 2024年12月15日 | 出版商:

SkyQuest | 英文 165 Pages | 商品交期: 3-5個工作天內

價格

簡介目錄

2022年全球蠟市場規模為96.9億美元，從2023年的101億美元成長到2031年的141.6億美元，在預測期間（2024-2031年）預計複合年成長率為4.3%。

由於具有高光澤、優異的防水性和優異的耐化學性等獨特性能，全球蠟市場正經歷前所未有的成長，受到各行業強勁需求的推動。該市場的特點是碎片化，國內和跨國公司透過研發、併購、收購和合資企業積極追求快速擴張、創新和多元化。永續性變得越來越重要，公司正在實施策略計劃以提高業務效率並擴大其全球影響力。蠟具有優異的抗刮性、耐磨性和防潮性，因此常用於印刷和被覆劑。蠟市場包括各種蠟產品，包括礦物蠟、天然蠟、合成蠟、石油蠟和有機蠟產品，滿足不同的工業需求。

Sinopec Corp
China National Petroleum Corporation
HollyFrontier Corporation
BP PLC
Nippon Seiro Co., Ltd
Baker Hughes Company
Exxon Mobil Corporation
Sasol Limited
The International Group, Inc.
Evonik Industries AG
BASF SE
Dow
Honeywell International Inc.
Royal Dutch Shell PLC
Mitsui Chemicals, Inc.
Akzo Nobel NV
The Blayson Group Ltd.
Calumet Specialty Products Partners, LP
Koster Keunen, Inc.
Micro Powders, Inc.

結論和建議

簡介目錄

Product Code: SQMIG15E2125

Global Wax Market size was valued at USD 9.69 billion in 2022 and is poised to grow from USD 10.1 billion in 2023 to USD 14.16 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).

The global wax market is experiencing unprecedented growth, fueled by strong demand across various industries due to its unique properties like high gloss, excellent water repellence, and superior chemical resistance. The market is characterized by fragmentation, with local and multinational players actively pursuing rapid expansion, innovation, and diversification through R&D, mergers, acquisitions, and joint ventures. Sustainability is increasingly becoming a focus, with companies implementing strategic plans to enhance operational efficiency and expand global reach. Wax is predominantly utilized in printing and coating formulations, thanks to its remarkable resistance to scratches, rubs, and moisture. The market features a wide array of wax products, including mineral, natural, and synthetic variants, derived from petroleum-based sources and organic materials, catering to diverse industry needs.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Wax market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Wax Market Segmental Analysis

Global Wax Market is segmented by Product, by Application, and by Region. Based on Product, the market is segmented into Petroleum, Synthetic, Mineral, Animal & Plant. Based on Application, the market is segmented into Candles, Packaging, Coating & Polishes, Hot-melt Adhesives, Cosmetic & Toiletries, Plastic & Rubber, Fire Logs, Adhesives, Pharmaceuticals, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Wax Market

The global wax market is expected to experience significant growth driven by the increasing popularity of aromatherapy, particularly through scented candles, which are available in diverse shapes, sizes, and styles, including birthday candles, utility types, taper candles, tealights, and novelty options. This rising demand is further bolstered by the growing use of cosmetic products like creams, lotions, sunscreens, and cosmetics. Additionally, emerging economies in Southeast Asia, such as Indonesia and Malaysia, are forecasted to exhibit steady economic growth, contributing to an increased demand for packaging and printing inks in the Asia-Pacific region. These factors collectively enhance the forward momentum of the wax market.

Restraints in the Global Wax Market

The global wax market faces significant constraints primarily due to the volatile prices and availability of raw materials essential for wax production. As petroleum, a crucial component in wax manufacturing, experiences price fluctuations, producers often grapple with increased costs, which can erode profit margins and hinder operational efficiency. Additionally, the strong competition posed by substitute materials in key applications serves as a notable challenge for the growth of the wax market. This combination of rising input costs and the presence of viable alternatives could limit opportunities for expansion and profitability within the industry.

Market Trends of the Global Wax Market

The global wax market is witnessing a notable upward trend fueled by increasing disposable incomes and enhanced living standards, particularly in emerging economies. Consumers are increasingly investing in home interiors, leading to a heightened demand for colored and scented candles that contribute to an inviting atmosphere. This trend is further supported by a growing emphasis on wellness and lifestyle, as people seek products that not only elevate their home aesthetic but also provide a soothing ambiance. Consequently, manufacturers are innovating with diverse wax formulations and fragrances to cater to evolving consumer preferences, thereby propelling market growth and diversification.

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2023
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Regulatory Landscape
Case Studies

Global Wax Market Size by Product & CAGR (2024-2031)

Petroleum
Synthetic
Mineral
Animal & Plant

Global Wax Market Size by Application & CAGR (2024-2031)

Candles
Packaging
Coating & Polishes
Hot-melt Adhesives
Cosmetic & Toiletries
Plastic & Rubber
Fire Logs
Adhesives
Pharmaceuticals
Others

Global Wax Market Size by Region & CAGR (2024-2031)

North America (by Product, by Application)
- US
- Canada
Europe (by Product, by Application)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific (by Product, by Application)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America (by Product, by Application)
- Brazil
- Rest of Latin America
Middle East & Africa (by Product, by Application)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Sinopec Corp
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
China National Petroleum Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HollyFrontier Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BP P.L.C
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nippon Seiro Co., Ltd
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Baker Hughes Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Exxon Mobil Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sasol Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The International Group, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Evonik Industries AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BASF SE
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dow
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Honeywell International Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Royal Dutch Shell P.L.C
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mitsui Chemicals, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Akzo Nobel N.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The Blayson Group Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Calumet Specialty Products Partners, L.P.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Koster Keunen, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Micro Powders, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments