Polyethylene wax, also known as polyethylene homopolymer wax, is a synthetic wax manufactured by three major processes such as polymerization, thermal degradation, and synthesis. It is used as a dispersant, slip agent, resin modifier, and mold release agent due to its molecular structure, which enables it to outperform natural waxes. Polyethylene waxes offer a lot of benefits like using it as a processing agent and enhancing surface properties. Due to its releasability, which increases productivity, enables the molding of complex shapes, and prevents pollution, polyethylene wax can be used as a mold release agent for plastics. Polyethylene wax is a fully saturated homopolymer of ethylene having linearity and a high degree of crystallization.
The polyethylene wax market is anticipated to grow in the forecast period owing to improvements in the quality of polyethylene wax coupled with the rise in growing end-use applications of polyethylene wax. The elevating product demand from printing inks boosted the growth of the polyethylene wax market. However, volatility in raw material prices, restrict the growth of the polyethylene wax market. On the other hand, increased use of polyethylene wax in plastic processing and hot-melt adhesives in road marking application is likely to showcase growth opportunities for the polyethylene wax market during the forecast period.
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The List of Companies:
- Honeywell International
- Innospec Inc.
- Mitsui Chemicals
- SCG Group
- The Lubrizol Corporation
- Trecora Resources
- Westlake Chemical Corporation
- Based on process, the market is segmented as polymerization, modification and thermal cracking.
- On the basis of type, the market is segmented as high-density polyethylene (HDPE) wax, low-density polyethylene (LDPE) wax, oxidised polyetylene wax and others.
- On the basis of the application, the market is segmented as plastic processing, hot-melt adhesive, ink & coating industry and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyethylene wax market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The polyethylene wax market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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The reports cover key developments in the polyethylene wax market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from polyethylene wax market are anticipated to lucrative growth opportunities in the future with the rising demand for polyethylene wax in the global market. Below mentioned is the list of few companies engaged in the polyethylene wax market.
The report also includes the profiles of key polyethylene wax companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.