Oxidized Polyethylene Wax Market Earnings To Reach USD 1,050 Mn By 2028

As per study of Zion Market Research, Oxidized Polyethylene Wax industry garnered revenue worth nearly US$ 752 million in 2021 and is anticipated to gain returns about US$ 1,050 million by 2028. Additionally, Oxidized Polyethylene Wax market is prognosis to record CAGR of almost 5.1% in 2022-2028. Additionally, growth of oxidized polyethylene wax market over forecast timespan is subject to its beneficial features. Apart from this, large-scale use of product in coatings, hot melts adhesives, rubber processing, and printing plastics will result in enlargement of market size in upcoming years. Rise in use of product in end-use sectors will culminate into humungous surge in growth of oxidized polyethylene wax industry over ensuing years. Furthermore, surge in need for rubber & plastics in automotive, military, and aviation sectors will catapult growth of oxidized polyethylene wax industry in ensuing years. Nonetheless, fluctuating costs of product can obstruct growth of oxidized polyethylene wax market.

High-Density Polyethylene Wax Segment To Dominate Product Landscape By 2028

Growth of segment over forecast period can be credited to its large-scale use in myriad end-use industries as a result of its beneficial features such as chemical & color resistance, high softening point, low viscosity, and hardness or durability. Apart from this, the product finds wide applications in printing inks & oil paints, rubber processing, adhesives, and plastics sectors.

Printing Inks Segment To Account Majorly Towards Market Size Over 2022-2028

Expansion of printing inks segment over assessment period is subject to huge demand for printing inks in packaging industry. Reportedly, oxidized polyethylene wax is utilized as additive in ink production for providing anti-slip & anti-scuff characteristics to printing inks.

Asia Pacific Oxidized Polyethylene Wax Market To Register Massive Growth By 2028

Surge in Oxidized Polyethylene Wax industry in Asia Pacific zone over analysis period can be credited to humungous demand for plastics composites in bottle production, packaging material formulations, and vehicle part manufacture. Surge in product penetration in end-use industries will proliferate regional market size.

Key players influencing market growth and profiled in study are The Lubrizol Corporation, Industrial Raw Material LLC, BASF SE, Munzing Chemie GmbH, Marcus Oil and Chemicals, Clariant AG, Honeywell International Inc., Westlake Chemical, Trecora Chemical, and Innospec Inc.

Browse the full “Oxidized Polyethylene Wax Market- By Product (Low-Density Polyethylene Wax And High-Density Polyethylene Wax) And By Application (Rubber Processing, Coatings, Plastics, Hot Melt Adhesive, And Printing Inks): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/oxidized-polyethylene-wax-market

The global Oxidized Polyethylene Wax Market is segmented as follows:

By Product

• Low-Density Polyethylene Wax
• High-Density Polyethylene Wax

By End-User

• Rubber Processing
• Printing Inks
• Coatings
• Plastics
• Hot  Melt Adhesive

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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