MRO Magazine

Global Wax Market Growth of 3.5% CAGR by 2020 – Analysis, Technologies & Forecast Report 2015-2020 – Key Vendors: Akzo Nobel, Exxon & Hexicon – Research and Markets

February 5, 2016
By Business Wire News


Research and Markets ( has announced the addition of the “Global Wax Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Type by Application” report to their offering.

The global wax market was valued at $7,939.6 million in 2014, and it is expected to grow with a CAGR of 3.5% during 2015 – 2020. Asia-Pacific accounted for the largest share of the global wax market with 1,579.6 kilotons consumed in 2014. The North American market was valued at $ 2,467.9 million in 2014 and accounted for the second largest share in the global wax market.

This research offers actual historical market size for the period 2011 – 2014 and market forecast for the period 2015 – 2020, of the global wax market in the U.S. dollars and kilotons.

Key Topics Covered:

  • By Type – Petroleum and Mineral Wax (Paraffin Wax, Microcrystalline Wax and Others), Synthetic Wax (Polymer Wax, GTL Wax and Others), and Natural Wax (Vegetable Wax and Animal and Insect Wax).
  • By Application – Candles, Packaging, Rheology/Surface Applications, Board Sizing, Health Industries, Cosmetics and Others.
  • By Region – Asia-Pacific, North America, Western Europe, Latin America, Middle East and Africa, and Central and Eastern Europe.

Companies Mentioned:

  • Akzo Nobel N.V.
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • Hexion Inc.
  • Honeywell International Inc.
  • Petróleo Brasileiro S.A.
  • Royal Dutch Shell PLC
  • Sasol Limited
  • The Lubrizol Corporation

Report Structure:

1. Research Scope & Methodology

2. Executive Summary

3. Market Outlook

4. Global Wax Market Size and Forecast (2011 – 2020)

5. Global Wax Market Breakdown by Geography

6. Competitive Positioning Analysis

7. Company Profiles and Strategic Developments

8. Appendix

For more information visit

Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
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Sector: Wax