Wax Emulsion Market Scope And Analysis

Report Code : TIPRE00007308
Category : Chemicals and Materials

Status : Published
No. of Pages : 184

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Wax Emulsion Market Scope, Analysis, and Trends by 2031

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Wax Emulsion Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2.31 Billion
Market Size by 2031	US$ 3.34 Billion
Global CAGR (2023 - 2031)	4.7%
Historical Data	2020-2022
Forecast period	2024-2031
Segments Covered	By Type Polyethylene Polypropylene Paraffin Vegetable-Based By Application Paints and Coatings Printing Inks Textile Personal Care Packaging
Regions and Countries Covered	North America US Canada Mexico Europe Germany France UK Italy Russia Rest of Europe Asia Pacific Australia China India Japan South Korea Rest of Asia Pacific Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa and South and Central America Brazil Argentina and Rest of South and Central America
Market leaders and key company profiles	BASF SE Hexion Inc Repsol SA Sasol Ltd The Lubrizol Corp Clariant AG Michelman Inc Allinova BV H and R Group Productos Concentrol SA

Industry Developments and Future Opportunities:

The wax emulsion market forecast can help stakeholders plan their growth strategies. As per company press releases, the following are a few recent developments by major companies in the market:

In June 2021, Omya signed an agreement with Michelman to distribute Michelman's surface modifiers and wax emulsion product line to the paints and coating markets in Canada.
In January 2023, Ter Chemicals announced an agreement with Allinova to be an exclusive distributor of Allinova wax emulsions in Poland. The wide product portfolio ranges from wax emulsions, flame retardants, crosslinking agents, repellents, and solvents to plastic dispersions.
In October 2021, H&R Group, a global sustainable refiner and marketer of specialty plasticizers, extender oils, softeners, and waxes headquartered in Hamburg, Germany, invested US$ 48.3 million in a specialty manufacturing plant in Lumut, Perak, Malaysia.
In June 2023, Concentrol updated its catalog of wax emulsions, introducing a wide range of EMULTROL products that cater to various application sectors. These wax or oil emulsions are formulated using diverse materials, offering unique and versatile properties that make them ideal for a wide range of industries and applications.
In October 2023, Emulco NV launched AquaVeg bio-emulsion into the panel board industry. The emulsion manufacturer is combining its AquaVeg water-based bio-emulsion with formaldehyde-free bio-based binders to produce zero-emission panel boards.

Competitive Landscape and Key Companies:

BASF SE, Hexion Inc, Repsol SA, Sasol Ltd, The Lubrizol Corp, Clariant AG, Michelman Inc, Allinova BV, H&R Group, and Productos Concentrol SA are among the prominent players profiled in the wax emulsion market report. The global market players focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, capacity expansions, partnerships, and collaborations to stay competitive in the wax emulsion market.