Wax Emulsion Market 2019 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

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Wax Emulsion Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Wax Emulsion Market Research Report- Forecast to
2023
Wax Emulsion Market - Overview
Wax Emulsion is a mixture composed of one or
more sticky solids in water. This mixture is
stabilized by adding surfactants and other
additives in the process. It offers slip and
lubrication along with abrasion resistance,
anti-blocking, matting, and water repellency
properties to the product. Moreover, its ability
to change surface properties such as coefficient
friction and impart aesthetic appearance to the
product are the important trends and factors
influencing the market confidently. Therefore,
they are used in various applications such as
paints coatings, adhesives sealants,
cosmetics, textiles, and others. Among the
various segments in the Wax Emulsion Market, the
Synthetic Wax segment has witnessed a notable
growth due to its boundless use in end-use
industries such as paints coatings, textiles,
and others. The polyethylene segment holds the
major portion of the market and is expected to
continue its dominance on account of the
extensive use of the product in textiles,
concrete curing compound, particle board, floor
polishes, inks, paper, and coatings industries.
It is predicted that the paraffin wax segment is
set to grow at a higher CAGR due to its growing
demand for the packaging and food beverages
sectors. The market by application is segregated
into paints coatings, adhesives sealants,
cosmetics, and textiles industries. The paints
coatings sector is projected to expand at a
significant rate due to growing substitution of
solvents by Wax Emulsion in the industry.
Moreover, the textile industry is set to grow at
a rapid rate owing to the boundless use of the
product in fabrication and imparts aesthetic
appearance to the finished material.
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Wax Emulsion Market Research Report- Forecast to
2023
Segmental Analysis
The Global Wax Emulsion Market is segmented into
the Material Base, Type and Application. On the
Basis of Material Base, the market is segregated
into natural and synthetic segments. The market
by Type is further categorized into polyethylene,
paraffin, carnauba, and polypropylene
segments. The market by Application is further
categorized into paints coatings, adhesives
sealants, cosmetics, textiles, and others. Read
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Wax Emulsion Market Research Report- Forecast to
2023
Regional Outlook
The Wax Emulsion Market is segmented across five
regions Asia Pacific, North America, Europe,
Latin America, and the Middle East Africa.
Among these, Asia Pacific holds the major share
of the market due to the growing adoption of
Synthetic Wax emulsions in paints coatings,
adhesives sealants, cosmetics, textiles, and
others. The paints coatings segment holds the
major portion and is anticipated to continue its
dominance in the market due to the ability of the
mixture to act as a matting and ant-setting
agents in the industry. Therefore, countries such
as China, Japan, and India are the major players
in this market. The North American region is
growing significantly due to an increased
consumption of emulsifying wax in cosmetics,
packaging, and others. It is predicted that
growing investments in the end-use industries is
likely to drive the market during the forecast
period. The growing consumption of the product in
healthcare, lipsticks, and ointments has
propelled the growth in countries such as the
U.S, Canada, and Mexico to achieve a stunning
growth in the market as they provide excellent
fabric softening, durable and high standard
performance to the product. The European market
has also observed a remarkable growth due to an
implementation of new rules and regulations
proposed by the government to follow Wax
Emulsions rather than solvents in the industry.
The market has been driven by the application of
this rule in paints coatings, and adhesives
sealants segments. It is estimated that the
growing innovation and technological advancement
are predicted to propel the growth in the
countries such as the U.K, Italy, Germany, and
France during the forecast period. The Latin
American region is estimated to witness a
recognized development in the market due to the
growing consumption of emulsifiers and insulating
compound in the end-use industries. Moreover, the
Middle East Africa is anticipated to witness a
higher growth in the market due to increasing
demand for wax emulsions in the end-use
industries.
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Wax Emulsion Market Research Report- Forecast to
2023
Major Players in this Research

• Wax Emulsion Market Prominent Players
• BASF SE (Germany)
• NIPPON SEIRO CO., LTD (Japan)
• ALTANA (Germany)
• Sasol Limited (South Africa)
• The Dow Chemical Company (U.S.)
• Exxon Mobil Corporation (U.S.)
• Momentive (U.S.)
• Michelman, Inc. (U.S.)
• The Lubrizol Corporation (U.S.)
• Danquinsa GmbH (Germany)

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