![]() Physical attributes such as water-repellence, abrasion resistance, slipĬontrol, lubrication, and anti-blocking are contributing to the growth of Polyethylene (HDPE) and is obtained by polymerization of Ethylene monomers. Segment consists of low-density polyethylene (LDPE) and High Density However, increasing environmental concerns are driving the demand for natural wax emulsions such as Lanolin, Beeswax, Carnauba, and Synthetic wax emulsion with varied properties makes it suitable for numerousĪpplications including paints & coatings, cosmetics, and construction, significantlyĪugmenting the market growth. ![]() ![]() Wax emulsions are long-lasting, abrasion-resistant and provide good protectionįrom contaminants like dust, grime, and corrosion. Polyethylene, polypropylene, polytetrafluoroethylene, and many more. Synthetic wax emulsions are synthesized from synthetic polymers such as Segment held the largest share of more than 55% in the Wax Emulsion market in 2020. Wax Emulsion Market Segment Analysis – By Type Due to COVID-19 pandemic, the entire world has gone into a lockdown period due to which operations of various end-use industries such as textile, automotive, construction are disruptively stopped, which is affecting the wax emulsion market.įigure: Asia-Pacific Wax Emulsion Market Revenue, 2020-2026 (US$ Million)įor More Details on This Report - Request for Sample.Rising popularity of natural waxes such as beeswax, Carnauba, synthesized from plants and animal drives the market growth.In addition, the U.K consumption of particleboard reached 2774000 m3 in 2019, according to Wood Panel Industries Federation (WPIF). The U.K has shown significant growth in the wax emulsion market due to its high demand from wood processing industries for the protection of woods from water and prevent rotting.Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile,Īnd Rest of South America), Rest of the World (the Middle East, and Africa) Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Personal care, Automotive (Passenger Cars, Light Commercial Vehicle, and Heavy DutyĪmerica (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, & Coatings, Building & Construction (Residential, Commercial, Industrial,Īnd Infrastructure), Textile & Leather, Pulp & Paper, Cosmetics and Lubricants, Textile Finish, cold creams, lipsticks, Tires, and Others Poly tetrafluoroethylene (PTFE), Fischer-Tropsch, and Others)Īdhesive & Sealants, Printing Inks, Fiberglass Insulation, Metal Polish, Vegetable and Minerals), and Synthetic (Polyethylene, Polypropylene, Paraffin, The report: “Wax Emulsion Market – Forecast (2020-2025)”,īy IndustryARC, covers an in-depth analysis of the following segments of Hampering the growth of the wax emulsion market. ![]() Online retail sales of clothing goods decreased by 18.1 percent, substantially According to the National Bureau of Statistics of China, the InĪddition, a decrease in purchasing capital lowered construction activities andĭemand for apparel. The demand for wax emulsion lowered due to the declining automotive industry. For instance, Toyota Motor Corporation reported a YoY salesĭecline of 26%, May’s unit sales were almost double that of April, which fellĪdditionally, Sales of new-energy vehicles (NEVs) in China in Juneįell 35% YoY to 85,600 units, following a drop of 26% in May and 30% in April. Manufacturers in European Union, US, India, and South America Production centers in China, and its impact caused chaos among global auto The emergence of COVID-19.ĬOVID-19 has negatively impacted the wax emulsion market. Like Brazil, Argentina, and India further drives the growth of the market. Wax, carnauba, candelilla waxes, alcohol ethoxylates from emerging countries Surging demand for wax emulsions like synthetic Wax emulsions are also used in paper sizing and in textile industries for Hydrophobicity, soft-touch, abrasion & rub resistance augments the market Extensive use of wax emulsion in paintsĪnd coatings for enhanced properties such as matting & gloss, Market is forecast to reach $750.1 million by 2026, after growing at a CAGR ofĦ.3% during 2021-2026.
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