A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Wax
Emulsion
Market. The
study, titled “Wax
Emulsion Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
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.
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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.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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