Wax Emulsions Market Projected to Grow 3.2 Billion USD by 2021

Paints & coatings, adhesives & sealants, cosmetics, and textiles are the major end-use industries for wax emulsion market. Paints & coatings contributed the largest market share in 2015.

The report Wax Emulsion Market by Material Base (Synthetic Natural), Type (Polyethylene, Paraffin, Carnauba, Polypropylene, and Others), End Use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles, and Others), Region (Asia-Pacific, North America, Europe, and RoW) – Global Forecast to 2021″, The global wax emulsions market is expected to reach USD 3.2 Billion by 2021, at a CAGR of 3.9% from 2016 to 2021. A key driving factor for the growth of the wax emulsion market is consequent rise in the demand for paints & coatings, and adhesives & sealants.

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Polyethylene segment to dominate the global wax emulsion market

Polyethylene has been widely used in the paints & coatings industry across major regions. Polyethylene and paraffin are mainly used in for better slip, scratch resistance, and water resistance on the surfaces. Cost effectiveness, and easy availability of polyethylene makes it a most preferred raw material over other raw materials for wax emulsions.

Scope of the Report:

Each segment is described in detail in the report with volume and revenue forecasts.

By Type:

  • Polyethylene
  • Paraffin
  • Polypropylene
  • Carnauba
  • Others

By Material Base:

  • Synthetic
  • Natural

By End Use Industry

  • Paints & Coatings
  • Adhesives & Sealants
  • Cosmetics
  • Textiles
  • Others

By Region

  • Asia-Pacific
  • North America
  • Europe
  • RoW

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Asia-Pacific is the most dominant region in the global wax emulsion market

Asia-Pacific dominates the global wax emulsion market. Increasing demand from industries such as adhesives & sealants and paints & coatings is likely to drive the growth of wax emulsion market in this region. This region is becoming one of the most favorable investment locations all over the world because of easily available and cost-effective labor. This in turn helps the industrial sector in the region grow rapidly in recent times, which is further driving the demand for wax emulsion in the region.

Some of the Key Players in the global Wax Emulsion Market

Michelman Inc. (U.S.)
Altana AG (Germany)
BASF SE (Germany)
Nippon Seiro Co., Ltd. (Japan)
Sasol Ltd. (South Africa)
The Dow Chemical Company (U.S.)
Exxon Mobile Corp. (U.S.)
Momentive Performance Materials Inc. (U.S.)
Lubrizol Corporation (U.S.)
Danquinsa GmbH (Germany)

The global wax emulsion market is segmented on the basis of material base (synthetic natural), type (polyethylene, paraffin, carnauba, polypropylene, and others), end use industry (paints & coatings, adhesives & sealants, cosmetics, textiles, and others), region (Asia-Pacific, North America, Europe, RoW).

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