DUBLIN, Mar. 31, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/93p77m/wax_market_for) has announced the addition of the "'Wax (Petroleum & Mineral Wax, Synthetic Wax, and Natural Wax) Market for Candles, Packaging, Wood & Fire-logs, Rubber, Adhesive, Cosmetics and Other End-user Industries - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020' report to their offering.
Wax is a class of organic compound that is malleable at ambient temperature, and upon melting turns into a low viscosity fluid. The chemical nature of wax is complex; however normal alkanes with a wide range of molecular weight contribute to the composition to a large extent. Wax offers resistance to air and water. This opens up applications in various industries such as packaging, cosmetics, and adhesive. Rising base of end-user industries is likely to drive the global wax market during the forecast period. However, shortfall in the supply of wax is anticipated to hamper market growth.
The study provides a decisive view of the wax market by bifurcating it into product segments such as petroleum & mineral wax, synthetic wax and natural wax.
Petroleum and mineral wax product segment is further sub-segmented into paraffin wax, microcrystalline wax and others (including semi-crystalline wax and petroleum jelly).
Synthetic segment is further bifurcated into gas-to-liquids (GTL) wax, polymer wax and others (such as montan wax). Natural wax product segment comprises beeswax, vegetable wax and others (including Japan wax and rice bran wax).
The report also provides segmentation of the global wax market by end-user industries. End-user segments have been analyzed based on historic, present and future trends, and the market has been estimated from 2014 to 2020 in terms of volume (Kilo Tons) and revenue (US$ Mn). End-user industry segments include candles, packaging, wood & fire-logs, rubber, adhesive cosmetics and others.
Profiles of leading companies have been provided in the report along with detailed analysis of their market share. The study features profiles of companies such as China National Petroleum Corporation (CNPC), The International Group, Inc. (IGI), Exxon Mobil Corporation, Sasol Wax, Sinopec Limited and Royal Dutch Shell plc, Lukoil, Total Petrochemicals & Refining USA, Inc., and Petróleos de Venezuela, SA.
This report segments the global wax market as follows:
Wax Market - Product Segment Analysis
- Petroleum and mineral wax
- - Paraffin wax
- - Microcrystalline wax
- - Others (Including semi-crystalline wax, petroleum jelly, etc.)
- Synthetic wax
- - Gas-to-liquids (GTL) wax
- - Polymer wax
- - Others (Including Montan wax, etc.)
- Natural wax
- - Beeswax
- - Vegetable wax
- - Others (Including animal wax, Japan wax, rice bran wax, etc.)
Wax Market - End-user Industry Analysis
- Wood & fire-logs
- Others (Including crayons, laminates, inks, polishes, insulation, etc.)
- China National Petroleum Corporation
- Exxon Mobil Corporation
- International Group, Inc (IGI)
- Lukoil Company
- Petro-Canada Lubricants Inc.
- Petroleo Brasileiro S.A. (Petrobras)
- Petróleos de Venezuela, S.A. (PDVSA)
- Royal Dutch Shell plc
- Sasol Wax
- Sinopec Limited
- Total S.A.
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