Report overview
Microcrystalline wax is obtained from petroleum distillation residual heavy fractions by solvent separation, refining and hydrogenation. It is a combination of branched and straight chain saturated hydrocarbons with carbon numbers greater than 35. Unlike paraffin waxes, microcrystalline waxes have very minute crystals and are elastic, adhesive, with a greater affinity for oil. Microcrystalline wax is widely used in chewing gum, candy and other foods and pharmaceutical.
This report aims to provide a comprehensive presentation of the global market for Microcrystalline Wax for Food and Pharmaceutical, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microcrystalline Wax for Food and Pharmaceutical. This report contains market size and forecasts of Microcrystalline Wax for Food and Pharmaceutical in global, including the following market information:
Global Microcrystalline Wax for Food and Pharmaceutical Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Microcrystalline Wax for Food and Pharmaceutical Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Microcrystalline Wax for Food and Pharmaceutical companies in 2022 (%)
The global Microcrystalline Wax for Food and Pharmaceutical market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Laminating Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Microcrystalline Wax for Food and Pharmaceutical include Strahl & Pitsch, The International Group (IGI), Kerax, Blended Waxes (BWI), Nippon Seiro, Paramelt BV, Sasol, HF Sinclair (Sonneborn) and Sinopec Nanyang Energy Chemical, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Microcrystalline Wax for Food and Pharmaceutical manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microcrystalline Wax for Food and Pharmaceutical Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Microcrystalline Wax for Food and Pharmaceutical Market Segment Percentages, by Type, 2022 (%)
Laminating
Coating
Hardening
Global Microcrystalline Wax for Food and Pharmaceutical Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Microcrystalline Wax for Food and Pharmaceutical Market Segment Percentages, by Application, 2022 (%)
Protective Coating
Defoamer
Surface Treatment Agent
Chewing Gum & Bubble Gum Base
Pharmaceutical
Global Microcrystalline Wax for Food and Pharmaceutical Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Microcrystalline Wax for Food and Pharmaceutical Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microcrystalline Wax for Food and Pharmaceutical revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Microcrystalline Wax for Food and Pharmaceutical revenues share in global market, 2022 (%)
Key companies Microcrystalline Wax for Food and Pharmaceutical sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Microcrystalline Wax for Food and Pharmaceutical sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Strahl & Pitsch
The International Group (IGI)
Kerax
Blended Waxes (BWI)
Nippon Seiro
Paramelt BV
Sasol
HF Sinclair (Sonneborn)
Sinopec Nanyang Energy Chemical
Taiwan Wax
Jingmen Weijia Industry
Fumei Biotechnology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Microcrystalline Wax for Food and Pharmaceutical, market overview.
Chapter 2: Global Microcrystalline Wax for Food and Pharmaceutical market size in revenue and volume.
Chapter 3: Detailed analysis of Microcrystalline Wax for Food and Pharmaceutical manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Microcrystalline Wax for Food and Pharmaceutical in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Microcrystalline Wax for Food and Pharmaceutical capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
