Report Description

Polyethylene wax, an ethylene polymer, is widely used in various applications as it offers properties such as high melting and softening points, high hardness, low viscosity, excellent heat resistance, and thermal stability. Polyethylene wax is employed in the processing of most plastics that are molded using injection and extrusion molding. It is also utilized in applications such as candles, wood & firelogs, rubber, packaging, and cosmetics.

This report covers the estimate and forecast of the polyethylene wax market on a global, regional, and country level. The report includes an estimation of demand for polyethylene wax in 2014 and forecast for the period from 2015 to 2023 in terms of volume (Tons) and revenue (US$ Mn) for the country, regional, and global markets.

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Scope

Asia Pacific dominated the global polyethylene wax market with a share of over 30% in 2014. The region is likely to continue its dominance in the next few years. Asia Pacific is projected to be the fastest growing region in the near future, led by expansion in several end-user industries and growth in GDP in the emerging economies of India and China. Europe was the second-largest market for polyethylene wax in 2014. Latin America and the Middle East & Africa are expected to exhibit moderate to high growth rate during the forecast period.

Key Players

Key players in the polyethylene wax market include Honeywell International Inc., WIWAX, Mitsui Chemicals America, Inc., The International Group Inc., SCG Chemicals Co., Ltd., Westlake Chemical Corporation, Clariant AG, and BASF SE.

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