Polyethylene Wax Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market Report Covers Global Polyethylene Wax Manufacturers and is Segmented by Wax Type (High-Density Polyethylene, Low-Density Polyethylene, Oxidized Polyethylene, and Others), Application (Plastics, Adhesives, Rubber, Cosmetics, Paints and coatings, Textiles, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Polyethylene Wax Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Polyethylene (PE) Wax Market Size

Polyethylene Wax Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Polyethylene Wax Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Polyethylene Wax Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Polyethylene (PE) Wax Market Analysis

The Polyethylene Wax Market is expected to register a CAGR of 4% during the forecast period.

  • The polyethylene wax market is expected to grow during the forecast period owing to the increasing demand from the plastics segment.
  • Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region is expected to dominate the market for polyethylene wax during the forecast period as a result of the increase in demand for plastics & rubber, paints & coatings and adhesives from countries like India and China.
  • In 2019 alone, China produced about 75 million tons of plastic which are about 20% of the total world's plastic production. Plastic is mainly used in the packaging industry for its light-weight and durability. The increasing e-commerce market is expected to drive the demand for plastics which accounts for around 30% of total plastics consumption. The growing plastics industry is expected to drive the market for polyethylene wax.
  • In the textile sector, emulsions made from polyethylene wax improve softening and provide resistance against acids and eliminate yellowing & color change of fabrics.
  • As per the Ministry of Textiles annual report 2018-19, India's textile industry contributes to 7% of industry output in value terms, 2% of India's GDP and 15% of the country's export earnings. Currently, India has one of the world's largest young population and half of the population is under 25. This young group is the largest consumer of apparels and is expected to drive the market during the forecast period.
  • Furthermore, China's National Development and Reform Commission, stated that the domestic sales of apparel and knitwear stood at around USD 172.4 billion for the first 11 months of 2019, which represents growth of about 3% Y-o-Y over same time period in 2018.
  • In paints & coatings, polyethylene wax provides better water repellency, improves anti-settling properties and provides abrasion resistance. The growing construction sector in countries like China and India is expected to drive the market.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for polyethylene wax in the Asia-Pacific region during the forecast period.
Polyethylene Wax Market : Growth Rate by Region, 2020-2025

Polyethylene (PE) Wax Industry Overview

The global polyethylene wax market is partially fragmented with players accounting for a marginal share of the market. Few companies include Clariant, BASF SE, MITSUI CHEMICALS AMERICA, INC, DEUREX AG and SCG Chemicals Co., Ltd.

Polyethylene (PE) Wax Market Leaders

  1. Clariant

  2. BASF SE

  3. MITSUI CHEMICALS AMERICA, INC

  4. DEUREX AG

  5. SCG Chemicals Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Polyethylene Wax Market Concentration
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Polyethylene (PE) Wax Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Use of Polyethylene Wax in Poly Vinyl Chloride Processing
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Volatile Raw Material Costs
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porters Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 High Density Polyethylene
    • 5.1.2 Low Density Polyethylene
    • 5.1.3 Oxidized Polyethylene
    • 5.1.4 Others
  • 5.2 Application
    • 5.2.1 Plastics
    • 5.2.2 Adhesives
    • 5.2.3 Rubber
    • 5.2.4 Cosmetics
    • 5.2.5 Paints & Coatings
    • 5.2.6 Textile
    • 5.2.7 Others
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BASF SE
    • 6.4.2 Carmel Industries
    • 6.4.3 Cerax
    • 6.4.4 Clariant
    • 6.4.5 DEUREX AG
    • 6.4.6 Marcus Oil
    • 6.4.7 MITSUI CHEMICALS AMERICA, INC
    • 6.4.8 Pishro Chem Co.LTD
    • 6.4.9 Repsol
    • 6.4.10 SANYO CHEMICAL, LTD
    • 6.4.11 SAVITA
    • 6.4.12 SCG Chemicals Co., Ltd.
    • 6.4.13 SQIWAX
    • 6.4.14 WIWAX
    • 6.4.15 WSD Chemical limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growing Demand for Plastics From Emerging Economies
  • 7.2 Other Opportunities
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Polyethylene (PE) Wax Industry Segmentation

The Polyethylene Wax Market report includes:

Type High Density Polyethylene
Low Density Polyethylene
Oxidized Polyethylene
Others
Application Plastics
Adhesives
Rubber
Cosmetics
Paints & Coatings
Textile
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polyethylene (PE) Wax Market Research FAQs

What is the current Polyethylene Wax Market size?

The Polyethylene Wax Market is projected to register a CAGR of 4% during the forecast period (2025-2030)

Who are the key players in Polyethylene Wax Market?

Clariant, BASF SE, MITSUI CHEMICALS AMERICA, INC, DEUREX AG and SCG Chemicals Co., Ltd. are the major companies operating in the Polyethylene Wax Market.

Which is the fastest growing region in Polyethylene Wax Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Polyethylene Wax Market?

In 2025, the Asia Pacific accounts for the largest market share in Polyethylene Wax Market.

What years does this Polyethylene Wax Market cover?

The report covers the Polyethylene Wax Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Polyethylene Wax Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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Polyethylene (PE) Wax Industry Report

Statistics for the 2025 Polyethylene Wax market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polyethylene Wax analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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