Global Polyethylene Wax Market at a CAGR of Growth, Trends and Absolute Opportunity up to 2026

Segmentation: Global Polyethylene Wax Market Global polyethylene wax market is segmented into five notable segments which are type, form, raw material, grade and production process.

• On the basis of type, the market is segmented into polymerization type, modified type, thermally cracking type, others.
• On the basis of form, the market is segmented into powder, granules, flakes, pastilles, micronized waxes, aqueous wax emulsions.
• On the basis of raw material, the market is segmented polypropylene, ethylene, low-density polyethylene.
• On the basis of grade, the market is segmented into emulsifiable, non-emulsifiable.
• On the basis of production process, the market is segmented into high-pressure polymerization, synthesis by the ziegler-natta method, thermal degradation process of polyethylene, oxidation of synthetic waxes, walter-reppe synthesis, metallocene process, others.

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Competitive Analysis: Global Polyethylene Wax Market

The key market players for global polyethylene wax market are BASF SE, SCG Chemicals Co., Ltd., Honeywell International, Inc, Clariant, Mitsui Chemicals, Inc., Innospec, The Lubrizol Corporation, Baker Hughes, a GE company LLC, Westlake Chemical Corporation, ceronas GmbH & Co. KG, COSCHEMCO.,LTD, DEUREX AG, euroceras Sp. z o.o., Formosa Plastics Corporation, U.S.A., Linvest GmbH, Lion Chemtech Co., Ltd., Qingdao Bouni Chemical Co., Ltd, SQI Group, TRECORA RESOURCES, The International Group, Inc. and WIWAX.

Product Launch:

• In September 2019, Honeywell International Inc. started using UOP's C3 Oleflex technology for producing 450,000 metric tons per year of polymer-grade propylene in a new petrochemicals complex in China. This technology will help the company to expand its business in China and to meet the requirement for propylene.
• In March 2019, WIWAX launched a range of innovative micronized waxes depending on the low molecular weight. This launch will help to act in a very fast manner and provide earlier lubrication. It will also assist the company to increase their product portfolio and the customer base.
• In June 2016, DEUREX AG led to the foundation of an alternative for the amide waxes namely Vegetable ABS Wax produced from the sugar cane and had a wide application area in ink printings, coatings, plastics, hot melts and synthetic rubbers & fibers.

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