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Polyethylene Wax (PE) Market is expected to reach USD 1.47 Billion by 2028 with a CAGR of 3.5% | EPChem Petroleum Pte Ltd., Kato & Co., Honeywell International, Innospec, etc

Feb 23, 2021 (Market Insight Reports) --

The Global Polyethylene Wax (PE) Market is expected to reach USD 1.47 Billion by 2026, according to a new report by Reports and Data. Polyethylene wax, a homopolymer wax, is an exceptional and commonly used ingredient for end formulations to enhance physical appearance and thermal characteristics of products in a wide range of end-user applications. Increasing demand from ink & coatings applications is estimated to stimulate market demand in the forecast period. Waxes have a significant impact on many processes and formulations. A relatively small quantity of PE wax, often categorized as surface conditioner additives, typically below 3.0% solids content of the total composition of formulations help in improving the effects such as slip and lubrication, anti-blocking, abrasion resistance, matting and water repellency essential for printing ink and coatings.

The major participants operating in the market at present are:-

  • Baker Hughes
  • BASF
  • Clariant
  • Mitsui Chemicals
  • Nanjing Tianshi New Material Technologies Co. Ltd.
  • Hase Petroleum Wax Company
  • EPChem Petroleum Pte Ltd
  • Kato & Co.
  • Honeywell International Inc
  • Innospec
  • Others

Get the Sample copy of the Report, Visit @ https://www.reportsanddata.com/sample-enquiry-form/1666

Increasing demand for PE wax in PVC processing is likely to fuel the market growth in the upcoming years. The use of lubricant is essential for the PVC industry for emphasizing on major factors such as machine melt pressure and energy consumption of equipment. PE wax is a suitable lubricant for being used in industries for PVC processing. The demand for PVC is anticipated to experience massive growth in the upcoming years, which, in turn, is expected to propel the demand for PE wax in the future. Furthermore, the widespread application of the product as a slip agent, dispersant, mold release agent, and resin modifier in the plastic industry is likely to complement market growth. For instance, an increase in spending in the construction sector in the BRIC nations, as well as growing construction business in the U.S., is expected to drive PVC demand in the forecast period.

Availability of substitutes such as Fisher-Tropsch (FT) wax and volatility in the prices of raw materials may create hindrances in the growth of the market in the forecast period.

Further key findings from the report suggest

  • By product type, high density polymerized PE wax held the largest market share in 2018 and is expected to reach USD 0.55 Billion by 2026 growing at a rate of 3.2% in the forecast period. It is used widely as one of the major components in many plastic and rubber processing industries. The HDPE Wax has a unique blend of extreme hardness and high drop point paired with an exceptionally low melt viscosity.
  • Pellet form of polyethylene wax held a substantial market size in the year 2018.
  • By technology, modification is projected to witness the fastest CAGR of 3.9% in the forecast period owing to the increasing demand for acid-modified and oxidized PE wax, requiring the implementation of this technology in the manufacturing process.
  • The market in the Asia Pacific region is expected to grow at the fastest rate of 4.3% in the forecast period due to the increasing demand of polyethylene wax in countries like India, China, and Japan in the region.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/1666

For the purpose of this report, Reports and Data have segmented the global polyethylene wax market on the basis of product type, form, technology, application, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Low-Density Polymerized PE Wax
  • High-Density Polymerized PE Wax
  • Oxidized PE Wax
  • Acid-Modified
  • Others

Form Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Powder
  • Pellets
  • Flakes
  • Others

Technology Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Polymerization
  • Modification
  • Thermal Cracking

Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Ink & Coatings
  • Plastic Processing
  • Hot Melt Adhesive
  • Others

Access Full Report Description, TOC, Table of Figure, Chart, Graph, etc. @ https://www.reportsanddata.com/report-detail/polyethylene-wax-pe-market

Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • North America
    • U.S.
  • Europe
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • MEA

Report holds answers to important questions

  • What will the local and international competition for vendors operating in the Polyethylene Wax (PE) Market look like during the forecast period, 2020 to 2027?
  • What impact will innovative technology and product substitutes have on the use of a service and product?
  • What are the trade barriers in the Polyethylene Wax (PE) Market?
  • What are the important catalysts that will shape the preference of the customers during the forecast period, 2020 to 2027?
  • What will be the expected ROI (return on investment)? How much profit will the Polyethylene Wax (PE) Market players make?
  • Which distribution trends and developments will continue to dominate the Polyethylene Wax (PE) Market in the coming years?

Thank you for reading the article. You can also get individual chapter-wise or region-wise section in the report

Table of contents

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Polyethylene Wax (PE) Wax Segmentation & Impact Analysis
4.1. Polyethylene Wax (PE) Wax Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand from ink & coating applications
4.2.2.2. Increasing demand in PVC processing
4.2.2.3. Low capital investment
4.2.3. Market restraints analysis
4.2.3.1. Availability of substitutes
4.2.3.2. Volatile raw material prices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Polyethylene Wax (PE) Wax Market By Product Type Insights & Trends
5.1. Product Type dynamics & Market Share, 2019 & 2026
5.2. Low Density Polymerized PE Wax
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million( (Kilo Tons)
5.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million( (Kilo Tons)
5.3. High Density Polymerized PE Wax
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million( (Kilo Tons)
5.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million( (Kilo Tons)
5.4. Oxidized PE Wax
5.4.1. Market estimates and forecast, 2016 - 2026 (USD Million( (Kilo Tons)
5.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million( (Kilo Tons)
5.5. Acid-Modified
5.5.1. Market estimates and forecast, 2016 - 2026 (USD Million( (Kilo Tons)
5.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million( (Kilo Tons)
5.6. Others
5.6.1. Market estimates and forecast, 2016 - 2026 (USD Million( (Kilo Tons)
5.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million( (Kilo Tons)

Chapter 6. Polyethylene Wax (PE) Wax Market By Form Insights & Trends

Continued.....

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