ASIA PACIFIC INDUSTRIAL WAX MARKET FORECAST 2018-2026

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ASIA PACIFIC INDUSTRIAL WAX MARKET FORECAST 2018-2026

The Asia Pacific industrial wax market is anticipated to showcase the highest growth in the global market, exhibiting an anticipated CAGR of 4.88% for the forecast period of 2018-2026. APAC region is expected to rapidly evolve throughout the projected years. The key factor contributing to the growth of the industrial wax market in the region is the rising applications in various industries within the continually growing economies of the APAC. 

ASIA PACIFIC INDUSTRIAL WAX MARKET FORECAST 2018-2026

Asia Pacific Industrial Wax Market by Type(Fossil Based Waxes, Bio-based Waxes) by Application (Candles, Packaging, Food, Coatings & Polishes, Hot Melt Adhesives, Tyres & Rubber, Cosmetics & Personal Care) & by Geography

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The Asia Pacific industrial wax market is anticipated to showcase the highest growth in the global market, exhibiting an anticipated CAGR of 4.88% for the forecast period of 2018-2026. APAC region is expected to rapidly evolve throughout the projected years. The key factor contributing to the growth of the industrial wax market in the region is the rising applications in various industries within the continually growing economies of the APAC. The industrial wax markets in Europe, and to some extent in North America, are already saturated, which presents an excellent opportunity for the Asia-Pacific industrial wax market to prosper.

Asia Pacific Industrial Wax Market

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For detailed market analysis, Inkwood Research has segmented this market on the basis of types, applications, and geography. The APAC region comprises of emerging economies like China, India, Japan, South Korea, Australia and the rest of Asia Pacific. Rapid industrialization, increase in the government spending, and developing applications are the essential reasons for the growth of the industrial wax market in this region. Varied industries have caught their focus on these developing economies and are inclined to establish their presence in this region through distribution centers, manufacturing facilities, and research and development centers.

 Few of the companies that are dominating the industrial wax market in the APAC region are The Blayson Group Ltd., Oil Co., Sinopec Corp, Numaligarh Refinery Ltd., Sasol Ltd, Lukoil PJSC, Evonik Industries, International Group Inc., HCI, and Royal Dutch Shell Plc.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • ASIA PACIFIC REGISTERS A HEALTHY GROWTH
      • COSMETICS INDUSTRY TO EMERGE AS LUCRATIVE APPLICATION SEGMENT IN FUTURE
      • FOSSIL BASED WAX DOMINATES BUT THE SYNTHETIC WAX SHOWS A RAPID GROWTH
  1. MARKET DETERMINANTS
    • MARKET DRIVERS
      • RISING DEMAND FROM APPLICATIONS SUCH AS CANDLE, TIRE& RUBBER, AND COATING & POLISHES
      • INCREASING ACCEPTANCE OF SYNTHETIC WAXES
      • TECHNOLOGY CHANGES IN THE WAX MARKET
      • GROWING POPULATION AND INCREASING PER CAPITA INCOME IN THE EMERGING COUNTRIES SUCH AS INDIA, CHINA, AND OTHER ASIAN COUNTRIES
    • RESTRAINTS
      • SHRINKING SUPPLY OF PARAFFIN WAX
      • INCREASING PRICES OF SYNTHETIC AND BIO-BASED WAXES
    • OPPORTUNITIES
      • GROWING DEMAND FOR UNCONVENTIONAL WAXES
    • MARKET CHALLENGES
      • TO MEET THE GROWING DEMAND FOR PARAFFIN WAX
  1. MARKET BY TYPE
    • FOSSIL BASED WAXES
    • SYNTHETIC WAXES
    • BIO-BASED WAXES
  2. MARKET BY APPLICATION
    • CANDLES
    • PACKAGING
    • FOOD
    • COATINGS & POLISHES
    • HOT MELT ADHESIVES
    • TYRES AND RUBBER
    • COSMETICS AND PERSONAL CARE
    • OTHERS (AGRICULTURE, PRINTING INKS)
  3. KEY ANALYTICS
    • PORTER’S 5 FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF BUYERS.
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • VALUE CHAIN ANALYSIS
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  4. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC(APAC)
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF APAC
  1. COMPANY PROFILES
    • SINOPEC CORP
    • ROYAL DUTCH SHELL PLC
    • EVONIK INDUSTRIES
    • EXXON MOBIL CORP
    • SASOL LTD.
    • OIL CO. LOKOIL PJSC
    • NUMALIGARH REFINERY LTD.
    • HCI
    • THE BLAYSON GROUP LTD.
    • INTERNATIONAL GROUP INC.

 

LIST OF TABLES

TABLE  1      ASIA PACIFIC INDUSTRIAL WAX MARKET, BY COUNTRY 2018-2026 ($ MILLION)

TABLE  2      VALUE CHAIN ANALYSIS OF INDUSTRIAL WAX MARKET

TABLE  3      OPPORTUNITY MATRIX

TABLE  4      VENDOR LANDSCAPE

TABLE  5      ASIA PACIFIC INDUSTRIAL WAX MARKET, BY COUNTRY,  2018-2026($ MILLION)

 

LIST OF FIGURES

FIGURE  1    ASIA PACIFIC INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  2    COSMETIC INDUSTRY MARKET SIZE, 2018-2026, (USD MILLION)

FIGURE  3    FOSSIL BASED WAX: MARKET SIZE, 2018-2026, (USD MILLION)

FIGURE  4    ASIA PACIFIC INDUSTRIAL WAX MARKET, BY FOSSIL BASED WAXES, 2018-2026 (IN $ MILLION)

FIGURE  5    ASIA PACIFIC INDUSTRIAL WAX MARKET, BY SYNTHTIC WAX, 2018-2026 (IN $ MILLION)

FIGURE  6    ASIA PACIFIC INDUSTRIAL WAX MARKET, BY BIO-BASED WAXES, 2018-2026 (IN $ MILLION)

FIGURE  7    ASIA PACIFIC INDUSTRIAL WAX MARKET SHARE, BY APPLICATION 2018-2026 (%)

FIGURE  8    ASIA PACIFIC INDUSTRIAL WAX MARKET, BY CANDLES, 2018-2026 (IN $ MILLION)

FIGURE  9    ASIA PACIFIC INDUSTRIAL WAX MARKET, BY PACKAGING 2018-2026 (IN $ MILLION)

FIGURE  10  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY FOOD, 2018-2026 (IN $ MILLION)

FIGURE  11  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY COATINGS AND POLISHES, 2018-2026 (IN $ MILLION)

FIGURE  12  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY HOT MELT ADHESIVES, 2018-2026 (IN $ MILLION)

FIGURE  13  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY TYRES AND RUBBERS, 2018-2026 (IN $ MILLION)

FIGURE  14  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY COSMETICS AND PERSONAL CARE, 2018-2026 (IN $ MILLION)

FIGURE  15  ASIA PACIFIC INDUSTRIAL WAX MARKET, BY OTHER APPLICATION, 2018-2026 (IN $ MILLION)

FIGURE  16  ASIA PACIFIC INDUSTRIAL WAX MARKET SHARE, REGIONAL OUTLOOK 2017 & 2026 (%)

FIGURE  17  INDIA INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  18  CHINA INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  19  JAPAN INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  20  SOUTH KOREA INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  21  AUSTRALIA INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

FIGURE  22  REST OF APAC INDUSTRIAL WAX MARKET 2018-2026 ($ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC(APAC)
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF APAC
  1. MARKET BY TYPE
    • FOSSIL BASED WAXES
    • SYNTHETIC WAXES
    • BIO-BASED WAXES
  2. MARKET BY APPLICATION
    • CANDLES
    • PACKAGING
    • FOOD
    • COATINGS & POLISHES
    • HOT MELT ADHESIVES
    • TYRES AND RUBBER
    • COSMETICS AND PERSONAL CARE
    • OTHERS (AGRICULTURE, PRINTING INKS)

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