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Wax emulsion is a mixture of one or more waxes in water. Waxes are usually immiscible with water under stable temperature and pressure. Wax emulsions usually refers to oil in water emulsion of any kind of wax. In order to make them miscible with water, waxes are mixed with surfactants. Waxes have a significant impact on several formulations and processes. Hence, they are used in various application. The wax emulsion process takes place above the melting point of the different waxes used.

There exist three types of waxes: natural wax, semi-synthetic wax, and synthetic wax. Natural waxes are derived from fossil fuel for expample paraffin wax and montan wax. Paraffin waxes are oil-based waxes obtained from crude oil, while montan waxes are carbon-based waxes derived from coal. Natural waxes such as beeswax and carnauba are also obtained from living organisms. Beeswax is animal-based whereas carnauba wax is vegetable-based.

Semi-synthetic waxes are obtained in laboratory from natural materials. Amide wax is predominantly used as a semi-synthetic wax. It is derived through condensation of fatty acids and amines. Polyethylene such as low density polyethylene (LDPE) and high density polyethylene (HDPE) are some of the synthetic waxes used globally.

Increasind demand for wax emulsions is primarily attributed to the rise in construction activities in developing and under-developed countries and lack of substitutes for wax emulsions which serves the same purpose. Other properties such as water resistance, abrasion resistance, slip control, lubrication, and anti-blocking also propel the demand for wax emulsion, globally.

Wax emulsion based products are widely utilized in formulation of paints, printing inks, textiles, and floor polishes. Automotive coatings, metal working, packaging films, and anti-transpiration products as well as wood and timber protection. They are employed in sectors such as agriculture also. In printing inks wax emulsions are used to impart anti-scuff properties and more importantly, anti-blocking properties. Polyethylene wax emulsions are used in the textile industry on both natural and synthetic fibers. Wax emulsions are widely used in interior wood finishes as well as for the outdoor timber treatment. Interior wood finishes are enhanced by the addition of a wax emulsion. Polyethylene wax emulsions are an ideal additive for water-based coatings due to their physical stability, small particle size and ease of handling. Oxidized polyethylene waxes is an essential component of liquid floor polishes. Addition of wax imparts properties such as water resistance, gloss, durability, black heel mark resistance, and self-healing.

Year-on-year increase in demand for sealants, additives, coatings, paints, and packaging is likely to boost the demand for wax emulsions in the next few years. Countries in Asia Pacific such as China, India, and Australia are highly attractive markets owing to the ease in procurement of raw materials and availability of cost-effective labor in these countries. In North America and Europe, the demand for wax emulsion products is anticipated to increase at a moderate rate, as countries in these regions are more mature markets as compared to countries in Asia Pacific. Markets in Middle East & Africa and Latin America have registered sluggish growth, as wax emulsion products are consumed in low volumes in these regions. Also there has been moderate increase in imports of wax emulsion products in these regions.

Some of the manufacturers and suppliers of wax emulsion products include Kemie Industries, The Darent Wax Company Ltd., BASF SE, Altana AG, Sasol Ltd., The Dow Chemical Company, Exxon Mobil Corporation, Nippon Seiro Co., Ltd, Michelman Inc., Danquinsa GmbH, Clariant, HRD Corporation and others. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Wax Emulsion Market