NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The polyethylene wax market size is expected to increase byUSD 177.40 million from 2020 to 2025, registering a CAGR of 2.97%, according to the latest research report from Technavio. 46% of the market's growth will originate from APAC. China and India are the key markets for polyethylene wax in APAC.
The polyethylene wax market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The increased demand for polyethylene wax to process polyvinyl chloride is notably driving the polyethylene wax market growth. However, the factors such as the availability of substitutes may impede market growth.
Technavio analyzes the polyethylene wax market by Application (masterbatches, plastics, printing inks, adhesives, and others) and Geography (APAC, North America, Europe, MEA, and South America). The polyethylene wax market share growth by the masterbatches segment will be significant for revenue-generating. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The polyethylene wax market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
Clariant International Ltd.
COSCHEM CO. LTD.
Cosmic Petrochem Pvt. Ltd.
Honeywell International Inc.
Mitsui Chemicals Inc.
The Lubrizol Corp.
Wax Market -The wax market size is set to attain a USD 1.02 billion growth between 2021 and 2025 at a CAGR of 2.14%. Download a free sample now!
Polymerization Initiator Market -The polymerization initiator market share should rise by USD 846.12 million from 2021 to 2025 at a CAGR of 4.31%. Download a free sample now!
APAC, North America, Europe, MEA, and South America
Performing market contribution
APAC at 46%
Key consumer countries
US, China, India, Canada, and France
Leading companies, competitive strategies, consumer engagement scope
BASF SE, Clariant International Ltd., COSCHEM CO. LTD., Cosmic Petrochem Pvt. Ltd., Honeywell International Inc., Innospec Inc., Marcus Oil, Mitsui Chemicals Inc., The Lubrizol Corp., and Trecora Resources
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
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