Global Wax Industry Market Analysis And Opportunities

Global Wax Industry Market Analysis And Opportunities - Global Fischer-Tropsch Wax Market Analysis - Forecasts to 2025 By End-User Landscape (Consumer Profile), By Delivery Forms (Slabs, Powders, Micro-Sized Waxes, Liquid Waxes, Others), By Application (Candles; Paints & Coatings; Resins, Plastics & Synthetic Rubber; Tires; Polish & Sanitation Goods; Corrugated & Solid Fiber Boxes; Printing Ink; Others), Vendor Landscape (Suppliers/Manufacturers/Distributors), Competitor Analysis, and Regional Analysis (North America, Europe, Asia Pacific, Middle East & Africa, Central & South America) | Business Intelligence Report - Global Market Estimates

Category Chemicals & Advanced Material

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Market Insights:
The global Fischer-Tropsch (FT) Wax market is anticipated to witness a rapid growth over the next few years. The huge and outstanding investments in R&D from government as well as private firms are likely to boost the market growth in the forecast period

Increased expenditure by private and government sector has led to an increase in the manufacturing of these waxes. Reduced cost coupled with varied application of this wax is projected to stimulate the growth of the market.

FT waxes can be segmented into High-melt, Medium-melt and Low-melt FT waxes. High-melt FT waxes have a remarkable mix of of high melting point, low viscosity and hardness, even at high temperatures. This leads to superior performance in applications such as hot melt adhesives (HMA), bitumen modification, printing inks and coatings, and polishes and textiles.

Medium-melt FT waxes are usually used as alternatives to petroleum waxes. It possesses better properties in numerous applications such as waterproofing of construction board. Due to the uncertainty in the prices of petroleum wax, FT wax market is likely to flourish in the next few years.

Delivery Form Insights:
On the basis of delivery forms, FT wax market is segmented into Slabs, Powders, Micro-Sized Waxes, Liquid Waxes and Others.Micro-sized wax is the finest form of wax which is mostly used in industrial applications. With the increase in the number of industries in the emerging countries, the demand for this is likely to increase.

Liquid waxes have major application in manufacturing and construction sectors. It can also be used for making paints and coatings. Due to advanced living conditions, demand for paints and coatings has increased which in turn has a significant impact on FT wax market.

Application Insights:
FT wax can be used for various purposes such as manufacturing candles, paints & coatings, resins, plastics & synthetic rubber, tires and others.

Due to the increased demand for home décor, the market for paints & coatings and candles has increased. This has led to an increase in demand for this market. Fischer-Tropsch hard waxes include a number of other applications such as injection moulding and rubber extrusion.

Regional Insights:
North America is likely to witness high growth over the coming years due to advanced life style of individuals. This has led to an increased demand for home décor candles and paints and coatings market which in turn has increased the demand for these wax.
There are two FT-based plants operating in South Africa and Malaysia presently and is anticipated that more number of such plants can multiply the supply of these waxes. A global GTL plant is anticipated to produce a large volume of wax over the years.

End Use Landscape:
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from Gastrointestinal Stents Markets. The major consumers of the product are Axalta Coatings Systems (U.S.), BASF Coatings GmbH (Germany), The Sherwin-Williams Company (U.S.)

Competitor Analysis:
Few of the major players of the market include Sasol, Exxonmobil, Sinopec, Petrochina Company Limited, Iocl, Petrobras, Petro-Canada, Nippon Seiro Co., Ltd.

Please note: This is not an exhaustive list of companies profiled in the report.
DEUREX introduced the most flexible portfolio of Fischer-Tropsch waxes which include a solidification point of ~ 50 °C up to a solidification point of ~ 105 °C. Due to its unique solidification range it is used in various applications.

1 ECOSYSTEM OVERVIEW

2 TECHNOLOGICAL TRENDS IN FISCHER-TROPSCH WAX MARKET

3 DEMAND AND SUPPLY MATRIX

3.1 INTRODUCTION
3.2 DEMAND SIDE ANALYSIS
3.2.1 FISCHER-TROPSCH WAX: MARKET DRIVERS
3.2.2 FISCHER-TROPSCH WAX: MARKET RESTRAINTS
3.2.3 FISCHER-TROPSCH WAX: MARKET OPPORTUNITIES
3.2.4 FISCHER-TROPSCH WAX: MARKET CHALLENGES
3.3 SUPPLY SIDE ANALYSIS
3.3.1 FUTURE SCENARIO (CAGR% VS. COUNTRY)
3.3.2 MAPPING KEY FISCHER-TROPSCH WAX MANUFACTURERS
3.3.3 PORTER’S FIVE FORCES ANALYSIS
3.3.3.1 Threat of new entrants
3.3.3.2 Threat of substitutes
3.3.3.3 Bargaining power of buyers
3.3.3.4 Bargaining power of suppliers
3.3.3.5 Intensity of competitive rivalry
3.3.4 FISCHER-TROPSCH WAX MARKET: TREND ANALYSIS
3.4 PESTLE ANALYSIS
3.5 IMPACT ANALYSIS
3.6 PATENT LISTING
3.7 BEHAVIOURAL ANALYSIS
3.7.1 KEY MACRO INDICATORS
3.7.2 KEY MICRO INDICATORS

4 GLOBAL FISCHER-TROPSCH WAX MARKET: END USER LANDSCAPE (CONSUMER PROFILE)

4.1 INTRODUCTION
4.2 NORTH AMERICA
4.3 EUROPE
4.4 ASIA-PACIFIC
4.5 CENTRAL & SOUTH AMERICA
4.6 MIDDLE EAST & AFRICA

5 GLOBAL FISCHER-TROPSCH WAX MARKET, BY APPLICATION

5.1 INTRODUCTION
5.2 CANDLES
5.3 PAINTS & COATINGS
5.4 RESINS, PLASTICS & SYNTHETIC RUBBER
5.5 TIRES
5.6 POLISH & SANITATION GOODS
5.7 CORRUGATED & SOLID FIBER BOXES
5.8 PRINTING INK
5.9 OTHERS

6 GLOBAL FISCHER-TROPSCH WAX MARKET, BY DELIVERY FORMS

6.1 INTRODUCTION
6.2 SLABS
6.3 POWDERS
6.4 MICRO-SIZED WAXES
6.5 LIQUID WAXES
6.6 OTHERS

7 GLOBAL FISCHER-TROPSCH WAX MARKET, BY REGION

7.1 INTRODUCTION
7.2 NORTH AMERICA
7.2.1 BY APPLICATION
7.2.2 BY DELIVERY FORMS
7.2.3 BY COUNTRY
7.2.3.1 U.S.
7.2.3.1.1 By application.
7.2.3.2 CANADA.
7.2.3.2.1 By application.
7.3 EUROPE
7.3.1 BY APPLICATION
7.3.2 BY DELIVERY FORMS
7.3.3 BY COUNTRY
7.3.3.1 U.K.
7.3.3.1.1 By application.
7.3.3.2 FRANCE.
7.3.3.2.1 By application.
7.3.3.3 GERMANY.
7.3.3.3.1 By application.
7.3.3.4 ITALY.
7.3.3.4.1 By application

7.4 ASIA-PACIFIC
7.4.1 BY APPLICATION
7.4.2 BY DELIVERY FORMS
7.4.3 BY COUNTRY
7.4.3.1 CHINA.
7.4.3.1.1 By application.
7.4.3.2 INDIA.
7.4.3.2.1 By application.
7.4.3.3 SOUTH KOREA.
7.4.3.3.1 By application.
7.4.3.4 JAPAN.
7.4.3.4.1 By application
7.5 MIDDLE EAST & AFRICA
7.5.1 BY APPLICATION
7.5.2 BY DELIVERY FORMS
7.5.3 BY COUNTRY
7.5.3.1 SAUDI ARABIA
7.5.3.1.1 By application.
7.5.3.2 SOUTH AFRICA.
7.5.3.2.1 By application.
7.6 CENTRAL & SOUTH AMERICA
7.6.1 BY APPLICATION
7.6.2 BY DELIVERY FORMS
7.6.3 BY COUNTRY
7.6.3.1 BRAZIL
7.6.3.1.1 By application.
7.6.3.2 ARGENTINA.
7.6.3.2.1 By application.

8 COMPANY PROFILE

8.1 SASOL
8.1.1 BUSINESS DESCRIPTION
8.1.2 SWOT ANALYSIS
8.1.3 PRODUCTS AND SERVICES OFFERED
8.1.4 STRATEGIC INITIATIVES

8.2 EXXONMOBIL.
8.2.1 BUSINESS DESCRIPTION
8.2.2 SWOT ANALYSIS
8.2.3 PRODUCTS AND SERVICES OFFERED
8.2.4 STRATEGIC INITIATIVES

8.3 SINOPEC
8.3.1 BUSINESS DESCRIPTION
8.3.2 SWOT ANALYSIS
8.3.3 PRODUCTS AND SERVICES OFFERED
8.3.4 STRATEGIC INITIATIVES

8.4 PETROCHINA COMPANY LIMITED
8.4.1 BUSINESS DESCRIPTION
8.4.2 SWOT ANALYSIS
8.4.3 PRODUCTS AND SERVICES OFFERED
8.4.4 STRATEGIC INITIATIVES

8.5 IOCL
8.5.1 BUSINESS DESCRIPTION
8.5.2 SWOT ANALYSIS
8.5.3 PRODUCTS AND SERVICES OFFERED
8.5.4 STRATEGIC INITIATIVES

8.6 PETROBRAS
8.6.1 BUSINESS DESCRIPTION
8.6.2 SWOT ANALYSIS
8.6.3 PRODUCTS AND SERVICES OFFERED
8.6.4 STRATEGIC INITIATIVES

8.7 PETRO-CANADA
8.7.1 BUSINESS DESCRIPTION
8.7.2 SWOT ANALYSIS
8.7.3 PRODUCTS AND SERVICES OFFERED
8.7.4 STRATEGIC INITIATIVES

8.8 INTERNATIONAL GROUP, INC.
8.8.1 BUSINESS DESCRIPTION
8.8.2 SWOT ANALYSIS
8.8.3 PRODUCTS AND SERVICES OFFERED
8.8.4 STRATEGIC INITIATIVES

8.9 NIPPON SEIRO CO., LTD.
8.9.1 BUSINESS DESCRIPTION
8.9.2 SWOT ANALYSIS
8.9.3 PRODUCTS AND SERVICES OFFERED
8.9.4 STRATEGIC INITIATIVES

8.10 FRONTIER WAX
8.10.1 BUSINESS DESCRIPTION
8.10.2 SWOT ANALYSIS
8.10.3 PRODUCTS AND SERVICES OFFERED
8.10.4 STRATEGIC INITIATIVES

8.11 REPSOL
8.11.1 BUSINESS DESCRIPTION
8.11.2 SWOT ANALYSIS
8.11.3 PRODUCTS AND SERVICES OFFERED
8.11.4 STRATEGIC INITIATIVES

8.12 CEPSA
8.12.1 BUSINESS DESCRIPTION
8.12.2 SWOT ANALYSIS
8.12.3 PRODUCTS AND SERVICES OFFERED
8.12.4 STRATEGIC INITIATIVES

9 GLOBAL FISCHER-TROPSCH WAX MARKET: VENDOR LANDSCAPE (SUPPLIERS/MANUFACTURERS/DISTRIBUTORS)

9.1 INTRODUCTION
9.2 NORTH AMERICA
9.3 EUROPE
9.4 ASIA-PACIFIC
9.5 CENTRAL & SOUTH AMERICA
9.6 MIDDLE EAST & AFRICA

10 RESEARCH METHODOLOGY

10.1 DESK RESEARCH
10.2 PRIMARY RESEARCH
10.3 ANALYSIS AND OUTPUT
10.4 FINAL OUTPUT FROM DESK AND PRIMARY RESEARCH

The global Fischer-Tropsch (FT) Wax market report has been studied from the year 2016 till 2025. However, the CAGR provided in the market study is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the industry analysis; industry trends; market analysis; market trends; market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Fischer-Tropsch (FT) Wax market.

Wax Industry Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, business management consultants, distributors, and end-use product manufacturers.

Wax Industry Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, demand forecasting, market share analysis, SWOT analysis of the company’s manufacturing Fischer-Tropsch (FT) Wax, and customer analytics.

Wax Industry Market