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Wax-Global Market Insights and Sales Trends 2025
Synopsis
Waxes are a diverse class of organic compounds that are lipophilic, malleablesolids near ambient temperatures. They include higher alkanes and lipids, typically with melting points above about 40 °C (104 °F), melting to give low viscosity liquids. Waxes are insoluble in water but soluble in organic, nonpolar solvents. Natural waxes of different types are produced by plants and animals and occur in petroleum.
The global Wax market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wax in various end use industries. The expanding demands from the Candles, Packaging, Board Sizing and Rheology/Surface, are propelling Wax market. Petroleum and Mineral Wax, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Synthetic Wax segment is estimated at % CAGR for the next seven-year period.
Major wax producers in the global wax industry include China National Petroleum Corporation, Sinopec, Exxon Mobil Corporation, Sasol, Lukoil, Shell, Nippon, Westlake Chemical, Petrobras, Total, Rosneft and IGI Wax, Clariant, and Romonta.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wax, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wax market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wax market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wax sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wax covered in this report include China National Petroleum Corporation, Sinopec Limited, Exxon Mobil Corporation, Sasol, Lukoil, Shell, Nippon, Westlake Chemical and Petrobras, etc.
The global Wax market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
China National Petroleum Corporation
Sinopec Limited
Exxon Mobil Corporation
Sasol
Lukoil
Shell
Nippon
Westlake Chemical
Petrobras
Total
Rosneft
IGI Wax
Clariant
ROMONTA
Global Wax market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wax market, Segment by Type:
Petroleum and Mineral Wax
Synthetic Wax
Natural Wax
Global Wax market, by Application
Candles
Packaging
Board Sizing
Rheology/Surface
Health
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wax manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wax in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Waxes are a diverse class of organic compounds that are lipophilic, malleablesolids near ambient temperatures. They include higher alkanes and lipids, typically with melting points above about 40 °C (104 °F), melting to give low viscosity liquids. Waxes are insoluble in water but soluble in organic, nonpolar solvents. Natural waxes of different types are produced by plants and animals and occur in petroleum.
The global Wax market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wax in various end use industries. The expanding demands from the Candles, Packaging, Board Sizing and Rheology/Surface, are propelling Wax market. Petroleum and Mineral Wax, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Synthetic Wax segment is estimated at % CAGR for the next seven-year period.
Major wax producers in the global wax industry include China National Petroleum Corporation, Sinopec, Exxon Mobil Corporation, Sasol, Lukoil, Shell, Nippon, Westlake Chemical, Petrobras, Total, Rosneft and IGI Wax, Clariant, and Romonta.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wax, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wax market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wax market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wax sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wax covered in this report include China National Petroleum Corporation, Sinopec Limited, Exxon Mobil Corporation, Sasol, Lukoil, Shell, Nippon, Westlake Chemical and Petrobras, etc.
The global Wax market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
China National Petroleum Corporation
Sinopec Limited
Exxon Mobil Corporation
Sasol
Lukoil
Shell
Nippon
Westlake Chemical
Petrobras
Total
Rosneft
IGI Wax
Clariant
ROMONTA
Global Wax market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wax market, Segment by Type:
Petroleum and Mineral Wax
Synthetic Wax
Natural Wax
Global Wax market, by Application
Candles
Packaging
Board Sizing
Rheology/Surface
Health
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wax manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wax in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Wax Market Overview
1.1 Wax Product Overview
1.2 Wax Market Segment by Type
1.2.1 Petroleum and Mineral Wax
1.2.2 Synthetic Wax
1.2.3 Natural Wax
1.3 Global Wax Market Size by Type
1.3.1 Global Wax Market Size Overview by Type (2018-2029)
1.3.2 Global Wax Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wax Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wax Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wax Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wax Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wax Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wax Sales Breakdown by Type (2018-2023)
2 Global Wax Market Competition by Company
2.1 Global Top Players by Wax Sales (2018-2023)
2.2 Global Top Players by Wax Revenue (2018-2023)
2.3 Global Top Players by Wax Price (2018-2023)
2.4 Global Top Manufacturers Wax Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wax Market Competitive Situation and Trends
2.5.1 Wax Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wax Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wax as of 2022)
2.7 Date of Key Manufacturers Enter into Wax Market
2.8 Key Manufacturers Wax Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wax Status and Outlook by Region
3.1 Global Wax Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wax Historic Market Size by Region
3.2.1 Global Wax Sales in Volume by Region (2018-2023)
3.2.2 Global Wax Sales in Value by Region (2018-2023)
3.2.3 Global Wax Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wax Forecasted Market Size by Region
3.3.1 Global Wax Sales in Volume by Region (2024-2029)
3.3.2 Global Wax Sales in Value by Region (2024-2029)
3.3.3 Global Wax Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wax by Application
4.1 Wax Market Segment by Application
4.1.1 Candles
4.1.2 Packaging
4.1.3 Board Sizing
4.1.4 Rheology/Surface
4.1.5 Health
4.1.6 Others
4.2 Global Wax Market Size by Application
4.2.1 Global Wax Market Size Overview by Application (2018-2029)
4.2.2 Global Wax Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wax Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wax Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wax Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wax Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wax Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wax Sales Breakdown by Application (2018-2023)
5 North America Wax by Country
5.1 North America Wax Historic Market Size by Country
5.1.1 North America Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wax Sales in Volume by Country (2018-2023)
5.1.3 North America Wax Sales in Value by Country (2018-2023)
5.2 North America Wax Forecasted Market Size by Country
5.2.1 North America Wax Sales in Volume by Country (2024-2029)
5.2.2 North America Wax Sales in Value by Country (2024-2029)
6 Europe Wax by Country
6.1 Europe Wax Historic Market Size by Country
6.1.1 Europe Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wax Sales in Volume by Country (2018-2023)
6.1.3 Europe Wax Sales in Value by Country (2018-2023)
6.2 Europe Wax Forecasted Market Size by Country
6.2.1 Europe Wax Sales in Volume by Country (2024-2029)
6.2.2 Europe Wax Sales in Value by Country (2024-2029)
7 Asia-Pacific Wax by Region
7.1 Asia-Pacific Wax Historic Market Size by Region
7.1.1 Asia-Pacific Wax Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wax Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wax Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wax Forecasted Market Size by Region
7.2.1 Asia-Pacific Wax Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wax Sales in Value by Region (2024-2029)
8 Latin America Wax by Country
8.1 Latin America Wax Historic Market Size by Country
8.1.1 Latin America Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wax Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wax Sales in Value by Country (2018-2023)
8.2 Latin America Wax Forecasted Market Size by Country
8.2.1 Latin America Wax Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wax Sales in Value by Country (2024-2029)
9 Middle East and Africa Wax by Country
9.1 Middle East and Africa Wax Historic Market Size by Country
9.1.1 Middle East and Africa Wax Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wax Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wax Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wax Forecasted Market Size by Country
9.2.1 Middle East and Africa Wax Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wax Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 China National Petroleum Corporation
10.1.1 China National Petroleum Corporation Company Information
10.1.2 China National Petroleum Corporation Introduction and Business Overview
10.1.3 China National Petroleum Corporation Wax Sales, Revenue and Gross Margin (2018-2023)
10.1.4 China National Petroleum Corporation Wax Products Offered
10.1.5 China National Petroleum Corporation Recent Development
10.2 Sinopec Limited
10.2.1 Sinopec Limited Company Information
10.2.2 Sinopec Limited Introduction and Business Overview
10.2.3 Sinopec Limited Wax Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sinopec Limited Wax Products Offered
10.2.5 Sinopec Limited Recent Development
10.3 Exxon Mobil Corporation
10.3.1 Exxon Mobil Corporation Company Information
10.3.2 Exxon Mobil Corporation Introduction and Business Overview
10.3.3 Exxon Mobil Corporation Wax Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Exxon Mobil Corporation Wax Products Offered
10.3.5 Exxon Mobil Corporation Recent Development
10.4 Sasol
10.4.1 Sasol Company Information
10.4.2 Sasol Introduction and Business Overview
10.4.3 Sasol Wax Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Sasol Wax Products Offered
10.4.5 Sasol Recent Development
10.5 Lukoil
10.5.1 Lukoil Company Information
10.5.2 Lukoil Introduction and Business Overview
10.5.3 Lukoil Wax Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lukoil Wax Products Offered
10.5.5 Lukoil Recent Development
10.6 Shell
10.6.1 Shell Company Information
10.6.2 Shell Introduction and Business Overview
10.6.3 Shell Wax Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shell Wax Products Offered
10.6.5 Shell Recent Development
10.7 Nippon
10.7.1 Nippon Company Information
10.7.2 Nippon Introduction and Business Overview
10.7.3 Nippon Wax Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Nippon Wax Products Offered
10.7.5 Nippon Recent Development
10.8 Westlake Chemical
10.8.1 Westlake Chemical Company Information
10.8.2 Westlake Chemical Introduction and Business Overview
10.8.3 Westlake Chemical Wax Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Westlake Chemical Wax Products Offered
10.8.5 Westlake Chemical Recent Development
10.9 Petrobras
10.9.1 Petrobras Company Information
10.9.2 Petrobras Introduction and Business Overview
10.9.3 Petrobras Wax Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Petrobras Wax Products Offered
10.9.5 Petrobras Recent Development
10.10 Total
10.10.1 Total Company Information
10.10.2 Total Introduction and Business Overview
10.10.3 Total Wax Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Total Wax Products Offered
10.10.5 Total Recent Development
10.11 Rosneft
10.11.1 Rosneft Company Information
10.11.2 Rosneft Introduction and Business Overview
10.11.3 Rosneft Wax Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Rosneft Wax Products Offered
10.11.5 Rosneft Recent Development
10.12 IGI Wax
10.12.1 IGI Wax Company Information
10.12.2 IGI Wax Introduction and Business Overview
10.12.3 IGI Wax Wax Sales, Revenue and Gross Margin (2018-2023)
10.12.4 IGI Wax Wax Products Offered
10.12.5 IGI Wax Recent Development
10.13 Clariant
10.13.1 Clariant Company Information
10.13.2 Clariant Introduction and Business Overview
10.13.3 Clariant Wax Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Clariant Wax Products Offered
10.13.5 Clariant Recent Development
10.14 ROMONTA
10.14.1 ROMONTA Company Information
10.14.2 ROMONTA Introduction and Business Overview
10.14.3 ROMONTA Wax Sales, Revenue and Gross Margin (2018-2023)
10.14.4 ROMONTA Wax Products Offered
10.14.5 ROMONTA Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wax Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wax Industrial Chain Analysis
11.4 Wax Market Dynamics
11.4.1 Wax Industry Trends
11.4.2 Wax Market Drivers
11.4.3 Wax Market Challenges
11.4.4 Wax Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wax Distributors
12.3 Wax Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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