Bharatbook.com: Global Market Forecast synthetic waxes Waxes Report ( http://www.bharatbook.com/Market-Research-Reports/Waxes.html ) which splits the latent demand outlook for synthetic and natural waxes through the United States.
the application of wax to U.S. $ 2.5 billion in 2013
The application of wax to the United States should reach 2.5 billion dollars in 2013, helped by the recovery in manufacturing and construction sectors of the economy. growth in market value is expected to slow sharply because of a projected slowdown in prices of petroleum wax after significant spikes in the period 2003-2008, but some growth in average prices will be supported by a change in the product composition of the lower cost of petroleum waxes and synthetic more expensive natural products. Volume growth will be driven by increased sales to a variety of markets, including building panels, coatings, adhesives, plastics and rubber. petroleum-based waxes will continue to account for the vast majority of demand, but see little, if any, growth. synthetic waxes provide the best opportunities on the basis of price more competitive and improved production processes that offer growth in new applications. natural waxes will continue to be niche products for the most important, although soy waxes are increasingly important in markets with the highest volume of wax.
synthetic waxes provide the best opportunities for growth
Petroleum waxes dominate the market for the wax of the United States, with over half the market value and almost 70 percent of the volume produced. However, significant changes have occurred in this market, primarily due to changes in the refining of oil (which is the reduction in supply) and competition from alternative materials, or other waxes or not wax products such as plastics. During the last decade, petroleum waxes have suffered severe losses in almost all applications, but especially in key markets such as paper and packaging and candles. This occurred because of a variety of factors. Oil prices waxes enriched significantly, the production of alternative products more competitive. In addition, environmental reasons are behind the elimination of the use of wax altogether in some markets (packaging paper) or the substitution of natural products in other (candles, fire logs, cosmetics).
synthetic waxes offer the best opportunities in the industry of the wax. A major advantage of synthetic waxes is that they can be manufactured in a wide range of qualities with properties tailored to specific applications. For example, they can be designed to have low, medium or high melt viscosity, making them ideal viscosity modifiers for plastics, adhesives, elastomers and other mixtures of wax. synthetic waxes are also valued for their relatively high melting point, good heat resistance and rapid installation time. They are often used in premium products, sometimes used as substitutes for higher prices, natural waxes, or they can be blended with petroleum waxes for value-added applications.
Study coverage
This new industry study, waxes, is priced at $ 4,600. It presents historical demand data for the years 1998, 2003 and 2008 plus forecasts for 2013 and 2018 by product and by market. The study also considers factors of market environment, evaluates market share and profiles 45 industry competitors, including Exxon Mobil, Honeywell and Calumet
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Posted on April 28, 2010.
