Micronized Wax Market Size 2022 Professional Edition

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The global Micronized Wax market was valued at 484.41 Million USD in 2021 and will grow with a CAGR of 1.15% from 2021 to 2027, based on newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Micronized wax is the general term for a class of polymer powder, usually as ink and paint additives. Usually, it is a power whose particle size is less than 30?m.Owning to different raw material, there are for main types of micronized wax-PE micronized wax, PP micronized wax and PTFE micronized wax. It is mainly used to produce ink, coat, paint, etc.Micronized wax is an additive of paint, ink and coat. There are four major type of micronized wax, the manufacturers is namely BASF, Sasol, Clariant, Honeywell, Lubrizol are the major producers of micronized wax for the time being in the world. Global demand of micronized wax increaseS to 101266 MT in 2016 from 83953 MT in 2011. It is estimated that supported by downstream industries, global demand of micronized wax demand will keep increasing with an average growth rate of 3.57% in the coming five years. In addition, similar with that of globe, the demand of micronized wax in China increase from 7182 MT in 2011 to 9701 MT in 2016, accompanied with an average demand growth of 4.3% in the coming five years. Europe is the dominate producer of micronized wax, the production was 53786 in 2016, accounting for about 50.41% of the total amount, followed by USA, with the production market share of 23.34%.. And Europe is expected to maintain their leading position in the next few years. Compared with foreign giants, micronized wax produced by Chinese manufacturers still has a certain gap. Chinese micronized wax manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants. Micronized wax`s consumption mainly relies on imports from foreign giants for the time being. We tend to believe that this industry still has a bright future, considering the current demand of micronized wax. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

By Market Verdors:

BASF

Sasol

Clariant

Honeywell

Lubrizol

M?NZING Corporation

MPI

Nanjing Tianshi

Michelman

Shamrock Technologies

Ceronas


By Types:

PE Micronized Wax

PP Micronized Wax

PTFE Micronized Wax

FT Micronized Wax


By Applications:

Coatings

Paint

Inks


Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.


Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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