全球蜡市场规模、份额和成长分析：按产品、应用和地区分类 - 产业预测（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个工作天内

价格

简介目录

2022年全球蜡市场规模为96.9亿美元，从2023年的101亿美元成长到2031年的141.6亿美元，在预测期间（2024-2031年）预计复合年增长率为4.3%。

由于具有高光泽、优异的防水性和优异的耐化学性等独特性能，全球蜡市场正经历前所未有的成长，受到各行业强劲需求的推动。该市场的特点是碎片化，国内和跨国公司透过研发、併购、收购和合资企业积极追求快速扩张、创新和多元化。永续性变得越来越重要，公司正在实施策略计划以提高业务效率并扩大其全球影响力。蜡具有优异的抗刮性、耐磨性和防潮性，因此常用于印刷和被覆剂。蜡市场包括各种蜡产品，包括矿物蜡、天然蜡、合成蜡、石油蜡和有机蜡产品，满足不同的工业需求。

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.

结论和建议

简介目录

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