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Oxidized Polyethylene Wax Market Size - By Product(High-density, Low-density), by Process(Polymerization, Modification, Thermal cracking), by Application(Plastic Processing, Paints & Coatings, Printing Inks, Textiles, Rubber Processing, Metal Processing, Adhesives, Candles, Food) & Region - Forecasts 2023 -2033

  • PUBLISHED ON
  • 1970-01-01
  • NO OF PAGES
  • 245
  • CATEGORY
  • Chemicals & Materials

Oxidized Polyethylene Wax Market: Description

Oxidized Polyethylene Waxes are fabricated utilizing ethylene. The oxidation cycle is directed under unique circumstances to keep up with great wax tone and hardness. Oxidized polyethylene wax is utilized in an impermanent defensive coating, wood finishes, textiles, glass, leather, natural products, paper and chlorinated rubber coatings. The oxidized polyethylene wax atomic chain has a specific measure of carbonyl and hydroxyl group and it is an excellent new polar wax so the similarity with channels, shades and gums is altogether improved along with better lubricity.

These are ideal items to supplant montan wax, fluid paraffin, microcrystalline paraffin, natural paraffin and others. Oxidized PE waxes are utilized as greases in the processing of plastics, for example, polyvinyl chloride to keep the plastic from sticking to the hot surfaces in the apparatus, that saves energy and upgrades the material properties of the item, for example, PVC lines and profiles.

Oxidized PE waxes can likewise be emulsified in water. It is generally utilized in the processing of packaging materials and thermo recoil film as an outer oil. It increases the lubrication among plastics and metals that works on the dispersion of the shading agent.


IMG1


Source: WMR


Oxidized Polyethylene Wax Market: Overview

The Oxidized Polyethylene Wax Market size was USD 699.8 million in 2022, and is anticipated to grow to a value of more than USD 771.53 million by 2033, with an increasing CAGR of over 4% from 2023 to 2033.


IMG2


Source: WMR

Rising utilization of hot melt adhesives in purchaser goods application and paints and coatings industry are some of the factors that are likely to drive Oxidized Polyethylene Wax Market development during the conjecture time period. Expanding product adoption in end-use applications, for example, plastics, coatings etc., growing need in the elastic handling enterprises and rising demand for printing ink are fuelling the progression of the Oxidized Polyethylene Wax Market.

The application for plastic and elastic in guard, aviation, and automotive areas are surging as they are used in making different parts, for instance, safeguarding ocean to-air missiles components and water powered fittings as they have less constraints in gathering numerous parts. Also, growing investment for advancements in the field and rapid surge in the utilization of hot adhesives are providing growth experiences to Oxidized Polyethylene Wax Market. Hot adhesives are generally utilized in making furniture, shoes, packaging and cigarette which are useful in helping the development of Oxidized Polyethylene Wax Market. In any case, fluctuation in unrefined substance costs and high transportation cost can hamper the development of Oxidized Polyethylene Wax Market. Transportation cost is normally high due to secondary location is a long way from the client area and its takes longer time in conveying the item which can antagonistically influence Oxidized Polyethylene Wax Market expansion.


Oxidized Polyethylene Wax Market Key Trends:

·         Wide utilization of Oxidized Polyethylene Wax

The global Oxidized Polyethylene Wax Market development can be ascribed to the broad use of oxidized PE wax in different end use enterprises. For example, it tracks down application in the construction business as a sealer or to safeguard concrete. Additionally, it is utilized in floor finishes to limit dark imprints, give steadiness, improve contact, and diminishing slipping. It can likewise be used to cover plastic materials and give them security. This, in confluence with the developing interest for building services and the expanding number of infrastructure projects around the world, is acting as a key component affecting Oxidized Polyethylene Wax Market positively. Aside from this, with the rising ecological concern, a few organizations from various industry verticals are approving oxidized PE waxes to create bacterial polyhydroxyalkanoates (PHAs). Also, the raising interest for PHAs is expected to reinforce Oxidized Polyethylene Wax Market development in the future years.


·         Oxidized Polyethylene Wax alludes to a remarkable unusual wax

Mammoth popularity of wax and its subordinates due to its exceptional highlights, for example, non-toxicity, great water repellence, and extraordinary chemical resistance will drive market trends. Additionally, raising interest for paper and paperboard and building boards will generate profitable development avenues for oxidized polyethylene wax industry. Aside from this, utilization of polyethylene waxing plastic processing activities and hot melt adhesives utilized for construction of streets will clear a way for development of oxidized polyethylene wax market. Rising interest for candles, fire logs, and decorative things will move market interest. However, environmental degradation because of VOC emission as a result of oxidized polyethylene wax production will act as a major hindrance in growth of oxidized polyethylene wax business. However, fluctuations in costs of raw material parts can represent a threat to Oxidized Polyethylene Wax Market extension.


Oxidized Polyethylene Wax Market Segment Analysis

Oxidized Polyethylene Wax Market based on product

·         High density

·         Low density

In light of Product segmentation, the High-Density Oxidized Polyethylene Wax represented the biggest market share because of its properties, for example, shading and chemical resistance, low stickiness, great hardness and high relaxing focuses and it is utilized as dispersant in oil and printing ink.


IMG3


Source: WMR


Oxidized Polyethylene Wax Market based on application

·         Plastic Processing

·         Paints & Coatings

·         Printing Inks

·         Textiles

·         Rubber Processing

·         Metal Processing

·         Adhesives

·         Candles

According to the application segmentation, the plastic processing ruled with the highest Oxidized Polyethylene Wax Market share, because of its durability, cost-viability, strength, lightweight, ease of handling and it is supportive application in horticulture, domestic and modern areas.


Oxidized Polyethylene Wax Market based on Process

·         Polymerization

·         Modification

·         Thermal Cracking

·         Others


Oxidized Polyethylene Wax Market by region

In term of geographic region, the global Oxidized Polyethylene Wax market is divided into

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

Based on Regional Analysis, Asia Pacific held the largest Oxidized Polyethylene Wax Market share and is projected to keep up with the lead all through the estimated period, owing to rising utilization of the item across industrial and infrastructural enterprises and expanding interest for plastic parts from packaging material formulators.


Oxidized Polyethylene Wax Market: Competitive Landscape

Oxidized Polyethylene Wax Market is exceptionally powerful with the presence of organizations that are occupied with vital consolidations and acquisitions, regional extension, and item improvements. Large as well as small scale organizations, like Marcus Oil and Trecora Chemicals, are anticipated to make major inroads with focused attempts on further developing their item portfolio.

Some of the other major companies are: Baerlocher GmbH, The Lubrizol Corp., SCG Chemicals Co., Ltd., Marcus Oil, Deurex AG, Munzing Chemie GmbH, and Honeywell International Inc. AECOM, Autodesk Inc., Arcadis N.V., Arup Group Limited, Bentley Systems, Boston Consulting Group, esri, Holistic City Limited, SketchUp (Trimble Inc.), SAVANNAH SIMULATIONS AG, Stantec Inc., UrbanFootprint, NEXTSENSE Ltd., Ramboll Group A/S, Town Planning Services (TPS), UrbanSim Inc. and others. 

Heightening interest for plastics and elastic in the safeguard, aviation, and auto areas is additionally expected to fuel industry development during the coming new year’s. Significant organizations have embraced various drives, like successive limit extension, vital alliances, acquisitions, and consolidations, to keep up with their situation in the business.


Report Scope:


Oxidized Polyethylene Wax Market Forecast Years: 2023-2033

Oxidized Polyethylene Wax Historical Years: 2020-2021

Oxidized Polyethylene Wax Market 2022: USD 699.8 million

Oxidized Polyethylene Wax Market 2033: USD 771.53 million

Oxidized Polyethylene Wax Market CAGR: 4%


Key Segments: product, application, and region.


Key Regions & Countries: North America (the United States, Canada, and Mexico), Europe, (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia, etc.), and The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).


Key Players: Baerlocher GmbH, The Lubrizol Corp., SCG Chemicals Co., Ltd., Marcus Oil, Deurex AG, Munzing Chemie GmbH, and Honeywell International Inc. AECOM, Autodesk Inc., Arcadis N.V., Arup Group Limited, Bentley Systems, Boston Consulting Group, esri, Holistic City Limited, SketchUp (Trimble Inc.), SAVANNAH SIMULATIONS AG, Stantec Inc., UrbanFootprint, NEXTSENSE Ltd., Ramboll Group A/S, Town Planning Services (TPS), UrbanSim Inc. and others. 

1. Global Oxidized Polyethylene Wax Market Introduction and Market Overview

1.1. Objective of the Market Research Study

1.2. OXIDIZED POLYETHYLENE WAX Market Definition & Description

1.3. Research Data Parameters & Reporting Timelines

1.3.1. Historical Data Reporting Years – 2020 to 2021

1.3.2. Projected Data Reporting Years – 2022 to 2033

1.3.3. Reporting Data Parameters – Value (US$ Million)

1.4. Global OXIDIZED POLYETHYLENE WAX Market Scope and Market Estimation

1.4.1. Global OXIDIZED POLYETHYLENE WAX Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)

1.4.2. Global OXIDIZED POLYETHYLENE WAX Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033

1.5. OXIDIZED POLYETHYLENE WAX Market Segmentation

1.5.1. Product of Global OXIDIZED POLYETHYLENE WAX Market

1.5.2. Process of Global OXIDIZED POLYETHYLENE WAX Market

1.5.3. Application of Global OXIDIZED POLYETHYLENE WAX Market

1.5.4. Key Regions of Global OXIDIZED POLYETHYLENE WAX Market


2. Global OXIDIZED POLYETHYLENE WAX Market - Executive Summary

2.1. Global OXIDIZED POLYETHYLENE WAX Market – Summary & Snapshot

2.2. Global OXIDIZED POLYETHYLENE WAX Market, By Product (US$ Million)

2.3. Global OXIDIZED POLYETHYLENE WAX Market, By Process (US$ Million)

2.4. Global OXIDIZED POLYETHYLENE WAX Market, By Application (US$ Million)

2.5. Global OXIDIZED POLYETHYLENE WAX Market, By Geography (US$ Million)

2.6. Global OXIDIZED POLYETHYLENE WAX Market Outlook & Future Opportunities


3. Global OXIDIZED POLYETHYLENE WAX Market Trends, Outlook, and Factors Analysis

3.1. Global OXIDIZED POLYETHYLENE WAX Market Industry Development Trends under COVID-19 Outbreak

3.1.1. Global COVID-19 Status Overview

3.1.2. Influence of COVID-19 Outbreak on Global OXIDIZED POLYETHYLENE WAX Market Industry Development

3.1.3. Pre & Post COVID-19 Trends and Scenarios

3.2. Market Dynamics (Growth Impacting Factors & Rationales)

3.2.1. Drivers

3.2.1.1. Growing End-Use Applications of Oxidized Polyethylene Wax

3.2.2. Restraints

3.2.2.1. Volatility in Raw Material Prices

3.2.3. Opportunities

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

3.2.4. Impact Analysis of Drivers and Restraints

3.3. Ecosystem/ Value Chain Analysis

3.4. Porter’s Five Forces Analysis

3.5. SWOT Analysis

3.6. PEST Analysis

3.7. Average Selling Prices and Pricing Trends Analysis of OXIDIZED POLYETHYLENE WAX Market

3.8. Technological Roadmap

3.9. Key Investment Pockets of OXIDIZED POLYETHYLENE WAX Market

3.9.1. By Product

3.9.2. By Process

3.9.3. By Application

3.9.4. By Regions


4. Global OXIDIZED POLYETHYLENE WAX Market: Estimates & Historic Trend Analysis (2020 to 2021)

4.1. Global OXIDIZED POLYETHYLENE WAX Market, 2020 – 2021 (US$ Million)

4.2. Global OXIDIZED POLYETHYLENE WAX Market, By Product, 2020 to 2021 (US$ Million)

4.3. Global OXIDIZED POLYETHYLENE WAX Market, By Process, 2020 to 2021 (US$ Million)

4.4. Global OXIDIZED POLYETHYLENE WAX Market, By Application, 2020 to 2021 (US$ Million)

4.5. Global OXIDIZED POLYETHYLENE WAX Market, By Region, 2020 to 2021 (US$ Million)


5. Global OXIDIZED POLYETHYLENE WAX Market Estimates & Forecast Trend Analysis, by Product

5.1. Global OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, by Product, 2022 & 2033

5.2. Global OXIDIZED POLYETHYLENE WAX Market Size (US$ Million) Estimates and Forecasts, by Product, 2022 to 2033

5.2.1. High-density

5.2.2. Low-density


6. Global OXIDIZED POLYETHYLENE WAX Market Estimates & Forecast Trend Analysis, by Process

6.1. Global OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, by Process, 2022 & 2033

6.2. Global OXIDIZED POLYETHYLENE WAX Market (US$ Million) Estimates and Forecasts, by Process, 2022 to 2033

6.2.1. Polymerization

6.2.2. Modification

6.2.3. Thermal cracking

6.2.4. Other


7. Global OXIDIZED POLYETHYLENE WAX Market Estimates & Forecast Trend Analysis, by Application

7.1. Global OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033

7.2. Global OXIDIZED POLYETHYLENE WAX Market (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033

7.2.1. Plastic Processing

7.2.2. Paints & Coatings

7.2.3. Printing Inks

7.2.4. Textiles

7.2.5. Rubber Processing

7.2.6. Metal Processing

7.2.7. Adhesives

7.2.8. Candles

7.2.9. Food

7.2.10. Others


8. Global OXIDIZED POLYETHYLENE WAX Market Analysis and Forecast, by Region

8.1. Global OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033

8.2. Global OXIDIZED POLYETHYLENE WAX Market (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033

8.2.1. North America

8.2.2. Europe

8.2.3. Asia Pacific

8.2.4. Middle East and Africa

8.2.5. Latin America


9. North America OXIDIZED POLYETHYLENE WAX Market: Estimates & Forecast Trend Analysis

9.1. North America OXIDIZED POLYETHYLENE WAX Market Assessments & Key Findings

9.2. North America OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, 2022 & 2033

9.3. North America OXIDIZED POLYETHYLENE WAX Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

9.3.1. By Product

9.3.2. By Process

9.3.3. By Application

9.3.4. By Major Country

9.3.4.1. The U.S.

9.3.4.2. Canada


10. Europe OXIDIZED POLYETHYLENE WAX Market: Estimates & Forecast Trend Analysis

10.1. Europe OXIDIZED POLYETHYLENE WAX Market Assessments & Key Findings

10.2. Europe OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, 2022 & 2033

10.3. Europe OXIDIZED POLYETHYLENE WAX Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

10.3.1. By Product

10.3.2. By Process

10.3.3. By Application

10.3.4. By Major Country

10.3.4.1. Germany

10.3.4.2. The U.K.

10.3.4.3. France

10.3.4.4. Italy

10.3.4.5. Spain

10.3.4.6. Rest of Europe (includes all other European countries)


11. Asia Pacific OXIDIZED POLYETHYLENE WAX Market: Estimates & Forecast Trend Analysis

11.1. Asia Pacific OXIDIZED POLYETHYLENE WAX Market Assessments & Key Findings

11.2. Asia Pacific OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, 2022 & 2033

11.3. Asia Pacific OXIDIZED POLYETHYLENE WAX Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

11.3.1. By Product

11.3.2. By Process

11.3.3. By Application

11.3.4. By Major Country

11.3.4.1. China

11.3.4.2. Japan

11.3.4.3. India

11.3.4.4. ASEAN

11.3.4.5. South Korea

11.3.4.6. Rest of Asia Pacific (includes all other Asia Pacific countries)


12. Middle East & Africa OXIDIZED POLYETHYLENE WAX Market: Estimates & Forecast Trend Analysis

12.1. Middle East & Africa OXIDIZED POLYETHYLENE WAX Market Assessments & Key Findings

12.2. Middle East & Africa OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, 2022 & 2033

12.3. Middle East & Africa OXIDIZED POLYETHYLENE WAX Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

12.3.1. By Product

12.3.2. By Process

12.3.3. By Application

12.3.4. By Major Country

12.3.4.1. GCC

12.3.4.2. South Africa

12.3.4.3. Egypt

12.3.4.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)


13. Latin America OXIDIZED POLYETHYLENE WAX Market: Estimates & Forecast Trend Analysis

13.1. Latin America Market Assessments & Key Findings

13.2. Latin America OXIDIZED POLYETHYLENE WAX Market Share (%) Estimates and Forecasts, 2022 & 2033

13.3. Latin America OXIDIZED POLYETHYLENE WAX Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

13.3.1. By Product

13.3.2. By Process

13.3.3. By Application

13.3.4. By Major Country

13.3.4.1. Brazil

13.3.4.2. Mexico

13.3.4.3. Rest of Latin America (includes all other Latin America countries)


14. Competitive Landscape

14.1. Market Revenue Share Analysis (%), by Major Players (2021)

14.2. Market Competition Matrix, by Leading Players

14.3. List of Emerging, Prominent and Leading Players

14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.


15. Company Profiles

15.1. AECOM

15.1.1. Company Overview & Insights

15.1.2. Financial Performance

15.1.3. Product / Service Portfolio

15.1.4. Geographical Footprint & Share

15.1.5. Strategic Initiatives & Key Developments

*Similar details would be provided for all the players mentioned below

15.2. Autodesk Inc.

15.3. Arcadis N.V.

15.4. Arup Group Limited

15.5. Bentley Systems

15.6. Boston Consulting Group

15.7. esri

15.8. Holistic City Limited

15.9. SketchUp (Trimble Inc.)

15.10. SAVANNAH SIMULATIONS AG

15.11. Stantec Inc.

15.12. UrbanFootprint

15.13. NEXTSENSE Ltd.

15.14. Ramboll Group A/S

15.15. Town Planning Services (TPS)

15.16. UrbanSim Inc.

15.17. Others


16. Assumptions and Research Methodology

16.1. Data Mining

16.2. Secondary Research

16.3. Primary Research

16.4. Subject Matter Expert Advice

16.5. Quality Check

16.6. Final Review

16.7. Data Triangulation

16.8. Bottom-Up Approach

16.9. Top Down Approach

16.10. Research Flow

16.11. Key Insights from Industry Experts

16.12. Data Sources

16.13. Assumptions

16.14. Limitations


17. Conclusions and Recommendations

17.1. Key Research Findings and Conclusion

17.2. Key Insights & Recommendations from Analysts

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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