Industrial Wax Market, Global Outlook and Forecast 2023-2029

Waxes are a diverse class of organic compounds that are lipophilic, malleable solids near ambient temperatures.
This report aims to provide a comprehensive presentation of the global market for Industrial Wax, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Wax. This report contains market size and forecasts of Industrial Wax in global, including the following market information:
Global Industrial Wax Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Wax Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Industrial Wax companies in 2022 (%)
The global Industrial Wax market was valued at US$ 8928.4 million in 2022 and is projected to reach US$ 11540 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Fossil Based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Industrial Wax include Sinopec, Shell, Petrobras, ExxonMobil, Sasol, Lukoil, Numaligarh Refinery, HCI and Blayson, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Wax manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Wax Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Industrial Wax Market Segment Percentages, by Type, 2022 (%)
    Fossil Based
    Synthetic Based
    Bio Based
Global Industrial Wax Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Industrial Wax Market Segment Percentages, by Application, 2022 (%)
    Candles
    Packaging
    Coatings & Polishing
    Hot Melt Adhesive
    Tires & Rubber
    Cosmetics & Personal Care
    Food
    Others
Global Industrial Wax Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Industrial Wax Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Wax revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Wax revenues share in global market, 2022 (%)
Key companies Industrial Wax sales in global market, 2018-2023 (Estimated), (MT)
Key companies Industrial Wax sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Sinopec
    Shell
    Petrobras
    ExxonMobil
    Sasol
    Lukoil
    Numaligarh Refinery
    HCI
    Blayson
    IGI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Wax, market overview.
Chapter 2: Global Industrial Wax market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Wax manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Wax in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Wax capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.