New York City, NY, 01 November, 2018/24 Market Reports: This report studies the global Microcrystalline Wax market status and forecast, categorizes the global Microcrystalline Wax market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Microcrystalline wax is a refined mixture of solid, saturated hydrocarbons, mainly branched paraffin, obtained from petroleum. Microcrystalline wax has many types according to different melting point. Commonly, microcrystalline wax is applied in rubber industry, explosive industry, cosmetic and pharmaceutical, food industry, resin industry, electronics industry and others. In 2015, amount of microcrystalline wax applied in rubber industry took 24.39%. Cosmetic and pharmaceutical used microcrystalline wax took 13.75% and explosive industry used 12.97% of global microcrystalline wax. Microcrystalline wax used in food industry took 10.48%. In resin industry, microcrystalline wax consumed amount took 14.38% of total.
The global Microcrystalline Wax market is valued at 790 million US$ in 2017 and will reach 1060 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.
Microcrystalline Wax Market Key Segments
The major manufacturers covered in this report
- Strahl & Pitsch
- Sonneborn
- Sasol
- Paramelt
- Shell
- International Group (IGI)
- Frank B. Ross
- Lanxess
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Europe
- China
- Japan
- India
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Application, the market can be split into
- Rubber industry
- Explosive industry
- Cosmetic and Pharmaceutical
- Food industry
- Resin industry
- Electronics industry
- Others
The study objectives of this report are:
- To analyze and study the global Microcrystalline Wax capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
- Focuses on the key Microcrystalline Wax manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.