Wax Emulsion Market was expected at USD 4.95 billion in 2021 & it is expected to be around USD 6.6 billion in 2026 with a current CAGR of 6.05%. The Global Wax Emulsion Market is likely to witness incremental growth during the forecast period 2021– 2026.
The Asia Pacific is expected to grow the fastest among all the regions. Recently a study was conducted on water absorption & susceptibility of wood flour/polypropylene composites modified with silane–wax emulsions. Composites of wood plastics can act as a water-absorbing material for exterior applications due to the hygroscopicity of wood flour (WF). WF was immersed in silane, wax emulsion, and compound systems to modify it at various concentrations. The modified WF was mixed with polypropylene (PP) to prepare composites at a mass ratio of 6:4 (WF/PP). The test was carried out using Aspergillus Niger. The results showed that silane can enhance adhesion between WF & PP. Recently a paper was published on novel nanostructured lipid carriers with photoprotective properties made from carnauba wax, beeswax, & kenaf seed oil. Stable kenaf seed oil‐nanostructured lipid carrier (KSO‐NLC) sunscreen can be used against the photoprotective effect.
A study was conducted on the characterization of sodium caseinate/Hydroxypropyl methylcellulose concentrated emulsions & the effect of mixing ratio, concentration, and wax addition to the emulsions. Emulsion stability, particle size distribution, microstructure, and rheological properties tested during the study. The experimental results showed that emulsions stability was improved significantly by increasing Hydroxypropyl methylcellulose (HPMC) concentration (p-value < 0.05). Concentrated emulsions stabilized by caseinate/Hydroxypropyl methylcellulose (HPMC) complex can be useful for application in specific food products such as heavy cream, mayonnaise, oleogels, and pharmaceutical products.
The augmenting demand from end-use verticals like paints and coatings and adhesives and sealants is anticipated to fuel the expansion in the global wax emulsion market. Easy availability and cost-effective workmanship drive call for wax emulsions. The rising call for paints, printing inks, textiles, construction, cosmetics, coatings, floor varnishes, adhesives, sealants, and packaging is predicted to drive the global wax emulsion market. The properties of emulsified wax products, such as water resistance, abrasion resistance, anti-lock, chemical stability, and ecological nature, fuel their sales in different regions, which in turn stimulates the world market. The significant expansion of the paint and coating industry worldwide is likely to drive the expansion of the global wax emulsion market, as the process is expanding in paint and coating formulations. The place of solvents, which is generally considered high in volatile organic matter (VOC). In addition, the wax emulsion finds wide employment in textile manufacturing as an additive to impart softness to yarn, yarn, and possibly fabric; reduce cable breakage rate by providing lubrication; improves resistance when weaving fabrics; and it serves as a protective agent for fabrics woven with anti-wrinkle fibers and free finish, among others.
The expansion of the global textile industry due to the escalating purchasing power of consumers and the evolution of lifestyle further stimulates the expansion of the world market for wax emulsions. The absence of a close substitute for the wax emulsion also stimulates the expansion of the product market. In addition, expanding the scope of wax emulsion applications in cosmetics and personal care products should boost players operating in the global wax emulsion market throughout the foreseen period. The escalating call for wax emulsion from various end-use businesses, such as adhesives and sealants, paints and coatings, textiles, cosmetics, and others, due to its strength-like properties. Abrasion, ease of employment, anti-lock, is an important factor that is predicted to stimulate expansion in the target market. In addition, the escalating employment of paraffin wax emulsion in packaging and food applications, such as special decorative paper and cardboard boxes for transporting food, making cork stoppers, and the like, which should stimulate expansion in the potential market in the coming years. In addition, the escalated call for wax emulsion in the wood industry for wood finishing and treatment, as it escalates physical stability and durability, is among other predicted factors for promoting the expansion of the target market.
Dow Chemical Company (United States of America) is one of the big market players in the wax emulsion market. It recently released ECOSURF. It is a series of nonionic surfactants which is of new generation high-performance, readily biodegradable specialty surfactants that provide performance equal to alkylphenol ethoxylate (APE) surfactants, and is better than primary alcohol ethoxylate (PAE) surfactants in several applications including hard surface cleaning, textile manufacturing & any application in which excellent wetting performance is required. Danquinsa GmbH (Germany) produces wax emulsions under the name EMULTROL which is a mixture of silicone & wax emulsions mostly used for thermoplastic polyurethanes. Sasol Ltd. (South Africa) manufactures wax emulsion under the name of HYDROWAX 112. It is an anionic liquid emulsion used in wood treatment and impregnation.
Factors like changes in crude oil costs may restrict industry expansion throughout the foreseen period.
The escalating call for wax emulsion products, mainly in the construction businesses and developing regions, is helping the wax emulsion market to develop globally. The escalated call for wax emulsions is mainly due to the rise in construction activities in developing and underdeveloped countries and the lack of substitutes for wax emulsions that serve the same purpose. Other properties such as water resistance, abrasion resistance, slip control, lubrication, and anti-lock also drive call for wax emulsion worldwide. The escalating adoption of natural wax emulsion, the development of innovative and profitable products, and the escalating call of various end-use businesses in developing countries are other factors that should create opportunities for manufacturers and should escalate the expansion of the target market.
Rules on the utilization of wax emulsion in coating, packaging, and food applications are predicted to be a challenging factor hindering the expansion of the industry in the coming years.
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
The Dow Chemical Company (United States of America), Exxon Mobile Corp. (United States of America), Momentive Performance Materials Inc. (United States of America), Lubrizol Corporation (United States of America), Danquinsa GmbH (Germany), Michelman Inc. (United States of America), Atlanta AG (Germany), BASF SE (Germany), Nippon Seiro Co., Ltd. (Japan), & Sasol Ltd. (South Africa)
Wax Emulsion Market Segmentation Analysis as per the latest survey until 2027.
Wax Emulsion Market - By Material Base:
Synthetic wax emulsions were the most widely employed material for manufacturing. The availability of these products with varied properties makes it suitable for many applications, including paints and coatings, cosmetics, and construction. Expansion in these end-use businesses is predicted to drive expansion in the segment throughout the foreseen period.
Wax Emulsion Market - By Type:
Polyethylene wax emulsion has been the prominent segment because of its affordable prices and easy access. This segment is predicted to experience the fastest expansion throughout the foreseen period. This expansion is mainly attributed to the increase in construction activities in emerging economies and the absence of a close substitute for wax emulsion. Physical attributes such as water repellency, abrasion resistance, slip control, lubrication, and anti-lock also contribute to the expansion of polyethylene as the most preferred material for the wax emulsion.
Wax Emulsion Market - By End-use:
Paints and coatings contributed to the largest market share in 2019. Easy access, physical stability, and other properties have promoted the use of wax emulsions in the paint and coatings sector. However, the textile segment is predicted to grow at the highest rate in the foreseen period. Improving tear resistance, fabric softening, heat absorption, and reduced needle cut are some of the added benefits of using wax emulsion on textiles.
Wax Emulsion Market - By Region:
Among the Asia Pacific is the fastest-growing market both in terms of volume & size due to an increase in demand from growing automobile & construction industries. India, China, Japan, Taiwan, South Korea are some of the fastest-growing countries in the region. An improved economic condition, availability of cheap labor & raw material in the region has boosted the growth of the market.
Some of the key market players are:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Material Base
5.1.1 Introduction
5.1.2 Synthetic
5.1.3 Natural
5.1.4 Y-o-Y Growth Analysis, By Material Base
5.1.5 Market Attractiveness Analysis, By Material Base
5.1.6 Market Share Analysis, By Material Base
5.2 Type
5.2.1 Introduction
5.2.2 Polyethylene
5.2.3 Paraffin
5.2.4 Carnauba
5.2.5 Polypropylene
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Type
5.2.8 Market Attractiveness Analysis, By Type
5.2.9 Market Share Analysis, By Type
5.3 End Use Industry
5.3.1 Introduction
5.3.2 Paints & Coatings
5.3.3 Adhesives & Sealants
5.3.4 Cosmetics
5.3.5 Textiles
5.3.6 others
5.3.7 Y-o-Y Growth Analysis, By End Use Industry
5.3.9 Market Attractiveness Analysis, By End Use Industry
5.3.10 Market Share Analysis, By End Use Industry
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Material Base
6.1.3.3 By Type
6.1.3.4 By End Use Industry
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Material Base
6.1.4.3 By Type
6.1.4.4 By End Use Industry
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Material Base
6.1.5.3 By Type
6.1.5.4 By End Use Industry
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 The Dow Chemical Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Exxon Mobile Corp
8.3 Momentive Performance Materials Inc
8.4 Lubrizol Corporation
8.5 Danquinsa GmbH
8.6 Michelman Inc
8.7 Atlanta AG
8.8 BASF SE
8.9 Nippon Seiro Co., Ltd.
8.10 Sasol Ltd
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Global Wax Emulsion Market By Region, From 2022 - 2027( USD billion )
Global Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Global Synthetic Market By Region, From 2022 - 2027( USD billion )
Global Natural Market By Region, From 2022 - 2027( USD billion )
Global Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Global Polyethylene Market By Region, From 2022 - 2027( USD billion )
Global Paraffin Market By Region, From 2022 - 2027( USD billion )
Global Carnauba Market By Region, From 2022 - 2027( USD billion )
Global Polypropylene Market By Region, From 2022 - 2027( USD billion )
Global Others Market By Region, From 2022 - 2027( USD billion )
Global Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Global Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
Global Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
Global Cosmetics Market By Region, From 2022 - 2027( USD billion )
Global Textiles Market By Region, From 2022 - 2027( USD billion )
Global Others Market By Region, From 2022 - 2027( USD billion )
North America Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
North America Synthetic Market By Region, From 2022 - 2027( USD billion )
North America Natural Market By Region, From 2022 - 2027( USD billion )
North America Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
North America Polyethylene Market By Region, From 2022 - 2027( USD billion )
North America Paraffin Market By Region, From 2022 - 2027( USD billion )
North America Carnauba Market By Region, From 2022 - 2027( USD billion )
North America Polypropylene Market By Region, From 2022 - 2027( USD billion )
North America Others Market By Region, From 2022 - 2027( USD billion )
North America Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
North America Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
North America Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
North America Cosmetics Market By Region, From 2022 - 2027( USD billion )
North America Textiles Market By Region, From 2022 - 2027( USD billion )
North America Others Market By Region, From 2022 - 2027( USD billion )
United States Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
United States Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
United States Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Canada Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Canada Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Canada Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Europe Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Europe Synthetic Market By Region, From 2022 - 2027( USD billion )
Europe Natural Market By Region, From 2022 - 2027( USD billion )
Europe Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Europe Polyethylene Market By Region, From 2022 - 2027( USD billion )
Europe Paraffin Market By Region, From 2022 - 2027( USD billion )
Europe Carnauba Market By Region, From 2022 - 2027( USD billion )
Europe Polypropylene Market By Region, From 2022 - 2027( USD billion )
Europe Others Market By Region, From 2022 - 2027( USD billion )
Europe Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Europe Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
Europe Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
Europe Cosmetics Market By Region, From 2022 - 2027( USD billion )
Europe Textiles Market By Region, From 2022 - 2027( USD billion )
Europe Others Market By Region, From 2022 - 2027( USD billion )
U.K. Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
U.K. Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
U.K. Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Germany Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Germany Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Germany Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
France Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
France Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
France Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Italy Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Italy Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Italy Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Spain Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Spain Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Spain Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Asia Pacific Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Asia Pacific Synthetic Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Natural Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Asia Pacific Polyethylene Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Paraffin Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Carnauba Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Polypropylene Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Others Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Asia Pacific Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Cosmetics Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Textiles Market By Region, From 2022 - 2027( USD billion )
Asia Pacific Others Market By Region, From 2022 - 2027( USD billion )
Japan Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Japan Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Japan Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
China Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
China Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
China Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
India Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
India Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
India Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Australia Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Australia Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Australia Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
South Korea Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
South Korea Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
South Korea Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Latin America Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Latin America Synthetic Market By Region, From 2022 - 2027( USD billion )
Latin America Natural Market By Region, From 2022 - 2027( USD billion )
Latin America Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Latin America Polyethylene Market By Region, From 2022 - 2027( USD billion )
Latin America Paraffin Market By Region, From 2022 - 2027( USD billion )
Latin America Carnauba Market By Region, From 2022 - 2027( USD billion )
Latin America Polypropylene Market By Region, From 2022 - 2027( USD billion )
Latin America Others Market By Region, From 2022 - 2027( USD billion )
Latin America Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Latin America Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
Latin America Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
Latin America Cosmetics Market By Region, From 2022 - 2027( USD billion )
Latin America Textiles Market By Region, From 2022 - 2027( USD billion )
Latin America Others Market By Region, From 2022 - 2027( USD billion )
Brazil Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Brazil Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Brazil Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Argentina Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Argentina Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Argentina Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Mexico Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Mexico Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Mexico Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Rest of Latin America Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Rest of Latin America Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Rest of Latin America Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Middle East and Africa Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Middle East and Africa Synthetic Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Natural Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Middle East and Africa Polyethylene Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Paraffin Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Carnauba Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Polypropylene Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Others Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Middle East and Africa Paints & Coatings Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Adhesives & Sealants Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Cosmetics Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Textiles Market By Region, From 2022 - 2027( USD billion )
Middle East and Africa Others Market By Region, From 2022 - 2027( USD billion )
Middle East Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Middle East Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Middle East Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
Africa Wax Emulsion Market By Material Base , From 2022 - 2027( USD billion )
Africa Wax Emulsion Market By Type , From 2022 - 2027( USD billion )
Africa Wax Emulsion Market By End Use Industry , From 2022 - 2027( USD billion )
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