Jan 29, 2018   SOURCE: BusinessWire

Global Polyethylene Wax Market 2018-2022 - A $1.32 Billion Market Opportunity Driven by the Growing End-Use Applications of Polyethylene Wax - ResearchAndMarkets.com

The "Polyethylene Wax Market by Process (Polymerization, Modification, Thermal Cracking), Type (LDPE, HDPE, Oxidized, Micronized), Application (Plastic Processing, Hot-melt Adhesive, and Ink & Coating), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The polyethylene wax market is projected to grow from USD 1.08 Billion in 2017 to USD 1.32 Billion by 2022, at a CAGR of 4.1% from 2017 to 2022.

Major factors driving the market are the increasing use of polyethylene wax in various applications, such as plastic processing, hot-melt adhesive, ink & coating, and others.

The polyethylene wax market in APAC is expected to witness the highest growth during the forecast period. Emerging economies, such as China, India, and various Southeast Asian countries are attracting several global players to increase its footprint and market share in APAC.

BASF (Germany), Clariant International (Switzerland), Trecora Resources (US), Mitsui Chemicals (Japan), Marcus Oil and Chemical (US), and Honeywell International (US) are some of the key market players in the polyethylene wax market. Diverse product portfolios, strategically positioned R&D centers, continuous adoption of various growth strategies, and advancements in technologies for the development of new types of products and technologies are the factors responsible for the strong position of these companies in the polyethylene wax market.

Market Dynamics

Drivers

  • Growing End-Use Applications of Polyethylene Wax

Restraints

  • Volatility in Raw Material Prices

Opportunities

  • Increased Use of Polyethylene Wax in Plastic Processing and Hot-Melt Adhesives in Road Marking Application

Challenges

  • Limited Investment in New Product Development

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Polyethylene Wax Market, By Process

7 Polyethylene Wax Market, By Type

8 Polyethylene Wax Market, By Application

9 Polyethylene Wax Market, By Region

10 Competitive Landscape

11 Company Profiles

  • BASF
  • BYK Additives & Instruments
  • Ceronas
  • Clariant
  • Coschem
  • Cosmic Petrochem
  • Deurex
  • EP Chem
  • Euroceras
  • Honeywell International
  • Innospec Inc.
  • Lion Chemtech
  • Marcus Oil and Chemical
  • Michelman
  • Mitsui Chemicals
  • Paramelt
  • Qingdao Bouni Chemical
  • SCG Group
  • SQI Group
  • Synergy Additives
  • The International Group
  • The Lubrizol Corporation
  • Trecora Resources
  • Westlake Chemical Corporation
  • Wiwax

For more information about this report visit https://www.researchandmarkets.com/research/2xgr5r/global?w=4