About Micronized Wax
Micronized wax is linear synthetic paraffin with a carbon greater than 30 is used in printing ink. It is available in the form of wax powder with an average particle size of fewer than 10 micrometers. This is made by air jet milling or sprays chilling. A coarse powder was ball milled for liquid inks. It is also used in paste ink with the wax dissolved resolved in hot resin solutions. The growing demand from end-user industries because of the excellent properties such as wear resistance, anti-scratching, and anti-sticking will expect to grow the micronized market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Europe Vendors will contribute the maximum growth to Global Micronized Wax market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shamrock Technologies (United States), Chem Impex Usha Pvt. Ltd. (India), Linvest GmbH (Germany), DEUREX AG (Germany), Clariant AG (Switzerland), BASF (Germany), SCG Chemicals (Thailand), Sasol Limited (South Africa), Honeywell (United States) and Lubrizol (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are MUNZING Chemie GmbH (Germany), Ceronas GmbH & Co.KG (Germany), Michelman Inc. (United States), Waxoils Private Limited (India) and Nanjing Tianshi (China).
Segmentation Overview
AMA Research has segmented the market of Global Micronized Wax market by Type (Amide Waxes, Polyethylene Waxes, Hybrid Waxes and Sugar Cane Waxes), Application (Building Materials, Coatings and Paint, Flexible Packaging, Inks, Tire and Rubber and Others) and Region.
On the basis of geography, the market of Micronized Wax has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Particle Size, the sub-segment i.e. 4 µm will boost the Micronized Wax market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source Type, the sub-segment i.e. Natural Waxes will boost the Micronized Wax market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Micronized Wax market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Popularity of Micronized Wax Owing to Its Good Mixing Compatibility and Dispersion and Micronized Wax is used in Solvent Coatings, Powder Coatings and Ink Due To the Excellent Smoothness, Wear-Resisting, and Anti-Scratching Properties
Market Growth Drivers:
Increasing Demand for Printing Ink to Provide Rub Resistance for Maintaining Over-Printability and Growing Demand for Micronized Wax Because Of It is Used as Surface Modifiers for Paint, Inks, and Coatings
Challenges:
Problem with the Semi-Natural Micronized Wax EBS Results Because of Variety of Steric Acid is Used
Restraints:
Stringent Government Regulations such as FDA
Opportunities:
Increasing Demand from Food Packaging Industry is expected to Witness High Growth in the Forecast Period
In April 2022, BYK has Launched New PTFE-free Wax Additives. Classic PTFE-based wax additives possess special properties that other materials do not have – they offer outstanding scratch and abrasion resistance in a whole range of areas of application.
Key Target Audience
Micronized Wax Manufacturers, Chemical Industries, Micronized Wax Distributors, Research Organization, Government Bodies, End-User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.