ワックスの世界市場 - 市場規模、セグメント、展望、収益予測：製品タイプ別、用途別、地域別（2022年～2028年）

世界のワックスの市場規模は、2017年に50億米ドルと評価されました。さらに、耐水性、耐薬品性として作用する高光沢などの優れた特性により、様々な産業でワックスの需要が高まっているため、2022年には100億米ドルと推定され、2028年にはCAGR5％で成長して140億米ドルに達すると予想されています。

キャンドルやパッケージング業界からのワックス需要の増加や、バイオベースのワックスの採用に対する消費者の関心の高まりが、市場の成長を促進しています。

当レポートでは、世界のワックス市場について調査分析し、市場成長への影響因子、セグメント別・地域別の分析、主要企業プロファイル、競合情勢などの情報を提供しています。

目次

範囲

第1章 エグゼクティブサマリー

• 世界のワックス市場の成長実績と予測のハイライト
• 市場動向、課題、競合のハイライト
• 市場収益シェアのハイライト：セグメント別

第2章 市場概要と成長に影響を与える主要な動向

• 世界のワックス市場の分類
• 業界のバリューチェーン
• 主要企業のエコシステム
• 政府の規制と開発
• 市場に影響を与える主要な促進要因と課題
• COVID-19が市場に与える影響
• 世界のワックス市場の成長実績：セグメントタイプ別（2017年～2021年）
• 世界のワックス市場の成長実績と予測（2017年～2028年）
• 重要ポイント

第3章 市場セグメンテーションの成長実績、見通しと予測：製品タイプ別

• 市場の定義：製品タイプ別
• 市場収益シェア、成長実績、見通しと予測：製品タイプ別（2017年～2028年）
• 重要ポイント：製品タイプ別

第4章 市場セグメンテーションの成長実績、見通しと予測：用途別

• 市場の定義：用途別
• 市場収益シェア、成長実績、見通しと予測：用途別（2017年～2028年）
• 重要ポイント：用途別

第5章 業界 / 競合分析：競合情勢

• 企業（競合企業）タイプとシェア
• ポーターのファイブフォース分析
• 市場の成長に影響を与える主な発展
• 主要な競合の比較（2021年）
• 主要な競合の比較：製品タイプ別（2021年）
• 主要な競合の比較：用途別（2021年）
• 主要な競合の比較：地域別（2021年）
• 競合情勢の重要ポイント

第6章 主要な競合のプロファイル（会社概要、製品提供、開発）

• Sasol Ltd.
• BASF SE
• Exxon Mobil Corporation
• Sinopec Corporation
• HollyFrontier Corporation
• Royal Dutch PLC
• Honeywell International Inc.
• Bakers Huges Company
• Mitsui Chemicals Inc.
• Nippon Seiro co., Ltd.
• China National Petroleum Corporation
• BP PLC

第7章 地域分析と主要地域市場の成長実績、見通し、および予測

• マクロ経済要因の主要地域比較
• 世界市場の収益シェア、成長実績、見通し、および予測：地域別（2017年～2028年）
• 主要地域の市場分析、成長実績、見通し、および予測
• 北米 - ワックス市場分析
  • 北米の主要な生産および消費ハブ
  • 北米の著名な新興ワックス企業
  • 市場収益シェア、成長実績、見通し、および予測：製品タイプ別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：用途別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：地域別（2017年～2028年）
  • 米国
  • カナダ
  • メキシコ
• 欧州 - ワックス市場分析
  • 欧州の主要な生産および消費ハブ
  • 欧州の著名な新興ワックス企業
  • 市場収益シェア、成長実績、見通し、および予測：製品タイプ別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：用途別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：地域別（2017年～2028年）
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • その他欧州
• アジア太平洋 - ワックス市場分析
  • アジア太平洋の主要な生産および消費ハブ
  • アジア太平洋の著名な新興ワックス企業
  • 市場収益シェア、成長実績、見通し、および予測：製品タイプ別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：用途別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：地域別（2017年～2028年）
  • 中国
  • インド
  • 日本
  • 韓国
  • その他アジア太平洋
• ラテンアメリカ・中東・アフリカ - ワックス市場分析
  • ラテンアメリカ・中東・アフリカの主要な生産および消費ハブ
  • ラテンアメリカ・中東・アフリカの著名な新興ワックス企業
  • 市場収益シェア、成長実績、見通し、および予測：製品タイプ別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：用途別（2017年～2028年）
  • 市場収益シェア、成長実績、見通し、および予測：地域別（2017年～2028年）
  • ラテンアメリカ
  • 中東
  • アフリカ

第8章 業界専門家の意見 / 展望

• 市場の現状と将来の見通しに関する業界専門家と経営幹部の注目すべき声明 / 引用

第9章 アナリストの推奨

• 特定された主要な機会と、機会から得られる可能性のある戦略に関するアナリストの推奨事項

第10章 付録

Market Overview:

Wax is a broad category of organic compounds that are lipophilic and bendable solids at room temperature that tend to melt at a higher temperature. It includes lipids and higher alkanes that are insoluble in water but soluble in nonpolar, organic solvents. Wax is generally derived from petroleum and bio-based resources which are extracted from crude oil refining. These materials include base oil, natural gas, compounds like polyethylene, plants, and the skin of animals. Wax has applications across paints, bundling, hardware, electrical, ink and coatings, elastic, pharmaceuticals, and beautifying agents.

According to Ken Research Analysis, the Global Wax Market was valued at US$ 5 billion in 2017. Furthermore, owing to the growing demand for wax in various industries for its superior properties like high gloss acting as water and chemical resistance, it is estimated to be US$ 10 billion in 2022 and is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%.

Increasing demand for wax from the candle and packaging industry and increasing consumer concern towards the adoption of bio-based wax is driving the growth of the Global Wax Market.

The increasing consumer concern about the adverse effect of the chemical products such as polymer wax, and paraffin wax in the cosmetics industry is leading to the increase in demand for bio-based wax. Several manufacturers of cosmetics and care products develop bio-based products. Burt's Bees USA launched beeswax-based balms and sold one balm per second across the globe in 2020.

Fluctuations in raw material prices, USA-China trade war conflicts, and the rising cost of synthetic and bio-based waxes are major challenges for the Global Wax Market.

The price and supply volatility of crude oil impacts the growth of petroleum wax, as the petroleum wax is separated from a wax oil mixture by centrifuging it at a lower temperature.

According to Packaging Machinery Manufacturers Institute, the packaging companies produce over 8.1 million tons of packaging products wax per year in Mexico, which is likely to be a restraint of the market.

COVID-19 negatively impacted the Global Wax Market. The COVID-19 pandemic led to the partial or complete shutdown of production activities in various industrial areas such as packaging, cosmetics, and candle making. Supply chain disruption affected the logistics of raw materials. As a result, production declined for various industries which depended on wax.

The production of candles in the European Union was affected during the pandemic crisis producing approx. 738 tons of candles in 2020 which increased to 817 tons of candle production post-COVID-19 in 2021.

Scope of the Report

The Global Wax Market is segmented by product type and application. The product segment is further classified into paraffin and mineral wax, synthetic wax, and natural wax. In addition, the report also covers market size and forecasts for the four major regions' Wax Markets. The revenue used to size and forecast the market for each segment is US$ billion.

By Product Type

Petroleum and Mineral Wax

Paraffin Wax

Microcrystalline Wax

Synthetic Wax

Gas to Liquid Wax

Polymer Wax

Natural Wax

Beeswax

Vegetable Wax

By Application

Candles

Packaging

Wood & Fire Logs

Plastic & Rubber

Adhesive

Cosmetics

Pharmaceuticals

Others (Rheology, Soap wax, Floor Polishes)

By Geography

North America

USA

Canada

Mexico

Europe

France

Italy

Germany

Spain

UK

Asia Pacific

China

India

Japan

South Korea

Australia

LAMEA

Latin America

Middle East

Africa

Key Players

Sasol Ltd.

BASF SE

Exxon Mobil Corporation

Sinopec Corp

Holly Frontier Corporation

Royal Dutch PLC

Honeywell International Inc.

Baker Huges Company

Mitsui Chemicals Inc.

Nippon Seiro Co., Ltd

China National Petroleum Corporation

BP PLC.

Key Trends by Market Segment

By Product Type: The petroleum and mineral wax segment held the largest market share in 2021 of the Global Wax Market according to Ken Research analysis.

The growth is primarily attributed to the growing demand for petroleum and mineral wax from different end-user sectors such as lighting, packaging, cosmetics, pharmaceutical, and coatings.

Petroleum and mineral wax have widespread availability, low cost, ease of manufacturing, and catering to the need of various end users are driving the growth of the petroleum and mineral wax market.

China's National Development and Reform Commission, stated that the domestic sales of apparel and knitwear stood at around US$ 172.4 billion for the first 11 months of 2019, which represents a growth of about 3% Y-o-Y over the same period in 2018, hence leading to increase in demand for petroleum and mineral wax.

By Application: The candle segment held the largest market share in 2021, owing to the growing demand for aromatherapy through scented candles.

The use of candles has become a critical household essential, for relaxation, stress reduction, and home decor. The increasing number of distribution channels such as decor, mass merchandise stores, and e-commerce platforms aided the demand for candles worldwide. Candles are considered the most appropriate gifts for Christmas, birthdays, housewarming parties, and others and thus are always in higher demand during the festive seasons.

According to European Candle Manufacturers Association approx. 140 tons were exported in 2021 as compared to 124 tons in 2020.

By Geography: Asia Pacificis expected to account for the largest share among all regions within the total wax market, during the forecast period 2022-2028

The growth is primarily due to the rising living standards and increasing industrialization, specifically in countries like China and India. The low labor, raw material, and operational costs are also major factors propelling the growth in the Asia Pacific region. The region's usage of cosmetic and personal care goods is expanding owing to the result of increased attention on personal appearance, and an aging population.

China is one of the largest producers, consumers, and importers of wax, and India is one of the largest producers of beeswax in the world. India has the potential to keep 200 million bees council capable of producing over 15 kilotons of beeswax, according to the Economic Advisory Council Beekeeping Development Report 2019.

Competitive Landscape

The Global Wax Market is highly competitive with ~350 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in candle manufacturing, plastic, and rubber, adhesive, cosmetic, and pharmaceutical products. Large global players constitute ~10% of competitors, while regional players represent the second largest number of competitors. Some of the major players in the market include Sasol Ltd., BASF SE, Exxon Mobil Corporation, Sinopec Corp, Holly Frontier Corporation, Royal Dutch PLC, Honeywell International Inc., Baker Huges Company, Mitsui Chemicals Inc., Nippon Seiro Co., Ltd, China National Petroleum Corporation, BP PLC., and among others.

Recent Developments Related to Major Players

In August 2021, Sasol Ltd. signed a distribution deal with DKSH Management Ltd. (Switzerland) for the marketing and distribution of Sasol's chemicals and wax products in the European Market.

In November 2021, HollyFrontier acquired Puget Sound Refinery for approx. US$ 600 million. With this acquisition, the company expects to enhance its business, particularly in the Pacific Northwestern region.

In May 2019, Exxon Mobil Corporation, an American multinational oil, and gas corporation invested US$ 2 billion to expand its chemical plant located in Baytown, Texas. The expansion enables the company to enter the linear alpha olefin market. The new unit can produce 400 kilotons of Vistamaxx performance polymer per year.

Conclusion

The Global Wax Market is forecasted to continue positive growth during the forecast period primarily driven by the growing demand for wax in various industries because of its superior properties like high gloss, water, and chemical resistance. Though the market is highly competitive with approximately 350 participants, few global players control the dominant share and regional players also hold a significant share. The market size is estimated to be US$ 10 billion in 2022 and is expected to reach a market size of US$ 15 billion by 2028 growing with a CAGR of 5%. Asia Pacific is the dominating region, owing to the rising living standards and increasing industrialization.

Note:This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Key Topics Covered in the Report

Snapshot of Global Wax Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Wax Market

Historic Growth of the Overall Global Wax Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter's 5 Forces Analysis of the Global Wax Industry

Overview, Product Offerings, and SWOT Analysis of Key Competitors

COVID-19 Impact on the Overall Global Wax Market

Future Market Forecast and Growth Rates of the Total Global Wax Market and by Segments

Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts

Analysis of the Wax Market

Major Production/Consumption Hubs in the Major within Each Region

Major Production/Supply and Consumption/Demand Hubs within Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Region

Notable Emerging Companies Mentioned in the Report

Nova wax

RAD Living

The Philotree

Umbr Tree

Applefall

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Candle Manufacturers

Wax Raw Material Suppliers

Wax Products Manufacturers

Traders and Distributors of Paraffin Wax

Regulatory Authorities for Wax/Chemical Industry

Government Ministries and Departments for Petrochemicals

Wax Industry Association

Petrochemical Research and Development Institutes

Venture Capitalists Targeting Wax Industry

Investment Banks Targeting Wax Industry

Environmental Regulatory Authorities

Time Period Captured in the Report

Historical Period: 2017H-202H

Forecast Period: 2022E-2028F

Frequently Asked Questions

What is the Study Period of this Market Report?

The Global Wax Market is covered from 2017-2028 in this report, which includes a forecast for the period 2022-2028.

What is the Future Growth Rate of the Global Wax Market?

The Global Wax Market is expected to witness a CAGR of about 5% over the next six years.

What are the Key Factors Driving the Global Wax Market?

Increasing demand for wax from the candle and packaging industry and increasing consumer concern are expected to be the primary driver of this market.

Which is the Largest Product Segment within the Global Wax Market?

Petroleum and Mineral Wax held the largest share of the Global Wax Market.

Who are the Key Players in the Global Wax Market?

Sasol Ltd., BASF SE, Exxon Mobil Corporation, Sinopec Corp, Holly Frontier Corporation, Royal Dutch PLC, Honeywell International Inc., Baker Huges Company, Mitsui Chemicals Inc., Nippon Seiro Co., Ltd, China National Petroleum Corporation, BP PLC. And among others are the major companies operating in the Global Wax Market.

Table Of Contents

Scope:

1. Executive Summary

• 1.1 Highlights of Global Wax Market Historic Growth & Forecast
• 1.2 Highlights of Market Trends, Challenges, and Competition
• 1.3 Highlights of Market Revenue Share by Segments

2. Market Overview and Key Trends Impacting Growth

• 2.1 Global Wax Market Taxonomy
• 2.2 Industry Value Chain
• 2.3 The Ecosystem of Major Entities in the Global Wax Market
• 2.4 Government Regulations & Developments
• 2.5 Key Growth Drivers & Challenges Impacting the Market
• 2.6 COVID-19 Impact on Global Wax Market
• 2.7 Total Global Wax Market Historic Growth by Segment Type, 2017-2021

2.7.1 By Product Type

2.7.2 By Application

2.7.3 By Major Countries

• 2.8 Total Global Wax Market Historic Growth and Forecast, 2017-2028
• 2.9 Key Takeaways

3. Global - Market Segmentation by Product Type, Historic Growth, Outlook & Forecasts

• 3.1 Market Definition - Segmentation by Product Type
• 3.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Product Type, 2017-2028

3.2.1 Petroleum and Mineral Wax

3.2.1.1 Paraffin Wax

3.2.1.2 Microcrystalline Wax

3.2.2 Synthetic Wax

3.2.2.1 Gas to Liquid Wax

3.2.2.2 Polymer Wax

3.2.3 Natural Wax

3.2.3.1 Beeswax

3.2.3.2 Vegetable Wax

• 3.3 Key Takeaways from Market Segmentation by Product Type

4. Global- Market Segmentation by Application, Historic Growth, Outlook & Forecasts

• 4.1 Market Definition - Segmentation by Application
• 4.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028

4.2.1 Candles

4.2.2 Packaging

4.2.3 Wood & Fire Logs

4.2.4 Plastic & Rubber

4.2.5 Adhesive

4.2.6 Cosmetics

4.2.7 Pharmaceuticals

4.2.8 Others

• 4.3 Key Takeaways from Market Segmentation by Application

5. Industry / Competition Analysis - Competitive Landscape

• 5.1 Types of Players (Competitors) & Share of Competition
• 5.2 Porter's 5 Forces Analysis of Global Wax Market Competitors
• 5.3 Key Developments in the Global Wax Sector Impacting Market Growth
• 5.4 Comparison of Leading Competitors within the Global Wax Market, 2021
• 5.5 Comparison of Leading Competitors within the Global Wax Market by Coverage of Product Type Segments, 2021
• 5.6 Comparison of Leading Competitors within the Global Wax Market by Coverage of Application, 2021
• 5.7 Comparison of Leading Competitors within the Global Wax Market by Coverage of Region, 2021
• 5.8 Key Takeaways from Competitive Landscape

6. Key Competitor Profiles (Company Overview, Product Offerings, Development)

• 6.1 Sasol Ltd.
• 6.2 BASF SE
• 6.3 Exxon Mobil Corporation
• 6.4 Sinopec Corporation
• 6.5 HollyFrontier Corporation
• 6.6 Royal Dutch PLC
• 6.7 Honeywell International Inc.
• 6.8 Bakers Huges Company
• 6.9 Mitsui Chemicals Inc.
• 6.10 Nippon Seiro co., Ltd.
• 6.11 China National Petroleum Corporation
• 6.12 BP PLC

7. Geographic Analysis & Major Region Market Historic Growth, Outlook, and Forecasts

• 7.1 Major Region Comparison of Macroeconomic Factors
• 7.2 Global- Market Revenue Share, Historic Growth, Outlook, and Forecasts by Region, 2017-2028
• 7.3 Major Region Market Analysis, Historic Growth, Outlook & Forecasts
• 7.4 North America - Wax Market Analysis

7.4.1 Major Production and Consumption Hubs in North America

7.4.2 Notable Emerging Wax Companies in North America

7.4.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Product Type, 2017-2028

7.4.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Applications, 2017-2028

7.4.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Geographic Coverage, 2017-2028

7.4.5.1 USA

7.4.5.2 Canada

7.4.5.3 Mexico

• 7.5 Europe - Wax Market Analysis

7.5.1 Major Production and Consumption Hubs in Europe

7.5.2 Notable Emerging Wax Companies in Europe

7.5.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Product Type, 2017-2028

7.5.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Applications, 2017-2028

7.5.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Geographic Coverage, 2017-2028

7.5.5.1 Germany

7.5.5.2 UK

7.5.5.3 Italy

7.5.5.4 France

7.5.5.5 Rest of Europe

• 7.6 Asia Pacific - Wax Market Analysis

7.6.1 Major Production and Consumption Hubs in the Asia Pacific

7.6.2 Notable Emerging Wax Companies in the Asia Pacific

7.6.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Product Type, 2017-2028

7.6.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Applications, 2017-2028

7.6.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Geographic Coverage, 2017-2028

7.6.5.1 China

7.6.5.2 India

7.6.5.3 Japan

7.6.5.4 South Korea

7.6.5.5 Rest of Asia Pacific

• 7.7 LAMEA- Wax Market Analysis

7.7.1 Major Production and Consumption Hubs in LAMEA

7.7.2 Notable Emerging Wax Companies in LAMEA

7.7.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Product Type, 2017-2028

7.7.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Applications, 2017-2028

7.7.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Region, 2017-2028

Latin America

Middle East

Africa

8. Industry Expert's Opinions/Perspectives

• 8.1 Notable Statements/Quotes from Industry Experts and C-Level Executives on Current Status and Future Outlook of the Market

9. Analyst Recommendation

• 9.1 Analyst Recommendations on Identified Major Opportunities and Potential Strategies to Gain from Opportunities

10. Appendix

• 10.1 Research Methodology - Market Size Estimation, Forecast, and Sanity Check Approach
• 10.2 Sample Discussion Guide

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