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Micronized Wax Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23112 | Date : Jan, 2023 | Pages : 192 | Region : Global

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Micronized wax is the general term for a class of polymer powder, usually as ink and paint additives. Usually, it is a power whose particle size is less than 30μm.Owning to different raw material, there are for main types of micronized wax-PE micronized wax, PP micronized wax and PTFE micronized wax. It is mainly used to produce ink, coat, paint, etc.
Micronized wax is an additive of paint, ink and coat. There are four major type of micronized wax, the manufacturers is namely BASF, Sasol, Clariant, Honeywell, Lubrizol are the major producers of micronized wax for the time being in the world.

Global demand of micronized wax increaseS to 101266 MT in 2016 from 83953 MT in 2011. It is estimated that supported by downstream industries, global demand of micronized wax demand will keep increasing with an average growth rate of 3.57% in the coming five years. In addition, similar with that of globe, the demand of micronized wax in China increase from 7182 MT in 2011 to 9701 MT in 2016, accompanied with an average demand growth of 4.3% in the coming five years.

Europe is the dominate producer of micronized wax, the production was 53786 in 2016, accounting for about 50.41% of the total amount, followed by USA, with the production market share of 23.34%.. And Europe is expected to maintain their leading position in the next few years.

Compared with foreign giants, micronized wax produced by Chinese manufacturers still has a certain gap. Chinese micronized wax manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants. Micronized wax\'s consumption mainly relies on imports from foreign giants for the time being.

We tend to believe that this industry still has a bright future, considering the current demand of micronized wax. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.


The Global Micronized Wax Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Micronized Wax Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

BASF
Sasol
Clariant
Honeywell
Lubrizol
MÜNZING Corporation
MPI
Nanjing Tianshi
Michelman
Shamrock Technologies
Ceronas

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

PE Micronized Wax
PP Micronized Wax
PTFE Micronized Wax
FT Micronized Wax
Other
In Market segmentation by applications :

Coatings
Paint
Inks
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Micronized Wax Market for the forecast period 2023 - 2030?
• What are the driving forces in the Micronized Wax Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Micronized Wax industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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