Global Oxidized Polyethylene Wax Market is set to witness a substantial CAGR of 10.0% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to the surge in the use in coatings and adhesive industry. The rising use of hot melt adhesives in various goods applications like furniture making, shoe manufacturing, baby diapers, cigarettes and packaging.
Market Definition: Global Oxidized Polyethylene Wax Market
Oxidized polyethylene wax usually act as a lubricant, cost saving and release agent in the course of calendaring, extruding, injecting, blowing molding of PE, PP and other plastics. It has unique properties like low adhesive, high softening point and good hardness with stable characteristics of good heat stability, no poison, no frost and good dispersion performance. They are soluble in aromatic hydrocarbon.
The Oxidized polyethylene Wax Market report is a top-class research manual which contains noteworthy data and components impacting the overall extension and growth of the worldwide Oxidized polyethylene Market. Information related to key market players and organizations and their working strategies are likewise incorporated in this report. This scrupulous investigation analyzes the Oxidized polyethylene Market for the anticipated time period i.e. 2019-2026. This report will help speculators and investors in recognizing inner and outside elements influencing the Oxidized polyethylene Market. The uniqueness of this report is it portrays the worldwide Oxidized polyethylene Market at both the worldwide and local level and in as simplest manner as possible.
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- The growing paints and coatings industry is boosting the growth of the market
- The growth of automotive industry is contributing to the growth of the market
- The surge in the demand for oxidized polyethylene wax products is driving the growth of the market
- The growing end use applications of polyethylene wax is boosting the growth of the market
Segmentation: Global Oxidized Polyethylene Wax Market
- High Density Polyethylene Wax
- Low Density Polyethylene Wax
- Hot Melt Adhesive
- Printing Inks
- Rubber Processing
- Paper Industry
- North America
- South America
- Middle East and Africa
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Key Developments in the Market:
- In 2015, Paramelt B.V. acquired leading producer of casting waxes Valan Wax Products Ltd. The transaction will strengthen the position of Paramelt as well as ensure supply security to investment casting industry
- In July 2015, European Food Safety and Authority panel discussed on food additives and nutrient sources added to food. There was a discussion on re-evaluation of oxidized polyethylene wax as food additive. The panel has concluded that the publicity estimates of oxidized polyethylene wax (E 914) from its use on the most stated use level and using conservative assumptions for the intake of the peel of citrus fruits resulted in a sufficient MoS in comparison with the NOAEL and that, no matter the limitations in the database, oxidized polyethylene wax (E 914) is of no safety concern on the most reported use stage in its presently accepted use
Major Market Competitors/Players
Few of the major competitors currently working in global oxidized polyethylene wax market are Honeywell International Inc., Westlake Chemical Corporation, Baker Hughes, BASF SE, Clariant, Euroceras, MITSUI CHEMICALS AMERICA, INC., Hase Petroleum Wax Co., EC21 Inc., SpecialChem, Palmer Holland, First Source Worldwide, UPICHEM.COM, CALWAX, The International Group Inc., TRECORA RESOURCES, DEUREX AG, WIWAX, Paramelt, Synergy Additives, Brenntag Pte. Ltd. among others.
The Oxidized polyethylene Market report gives an inside and out cognizance about market development by seeking past advancements, and contemplating the current circumstance and future gauges dependent on dynamic and likely regions. The detail investigation of the Oxidized polyethylene Market dependent on elite players, present, past and cutting edge information which will offer as a gainful guide for all Oxidized polyethylene Market contenders. This report covers a thorough analysis of the business arrangements that affects Oxidized polyethylene Market essentially such as, the cost structure of the items accessible in the market, their demand/supply details and details about their manufacturing chain.
The Oxidized polyethylene Market research report is planned to give careful insights into market portions, competitive scene, industry condition, item developments, and hearty players in the market. This research report holds a great power to truly influence and improve the working of various organizations and players by helping them out to make smart, informed and strategic decisions according to the competitive condition. The report likewise reveals insight into innovation headways, the general market structure, and financial and market vacillations.
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