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Waxes

Waxes

Growth in the US wax market will total 1.8% annually through 2019, reaching $3.2 billion and a market volume of 3.0 billion pounds. Expansion of residential construction and manufacturing activity will drive volume gains, although waxes used in packaging will face competition from recyclable alternatives.

This report segments the wax industry by product type and market. Data are provided in dollars with selected data also provided in pounds.

Wax product types include:
Petroleum & Mineral -- Paraffin; Microcrystalline
Synthetic -- Polymer; Fischer-Tropsch
Natural -- Soy; Carnauba; Beeswax; Lanolin

Petroleum and mineral waxes will continue to dominate through 2019, accounting for 57% of the market. Fastest growth will be for synthetic waxes, driven by their superior performance and prominence in the expanding adhesives market.

Major markets for waxes include:
Industrial -- Plastic & Rubber, Adhesives; Paper & Paperboard; Building Boards; Inks & Coatings
Consumer & Commercial -- Candles & Decorative Products; Cosmetics & Toiletries; Firelogs; Household & Automotive Polishes; Pharmaceuticals

The industrial market was the leading outlet in 2014, accounting for 54% of demand. Gains in the industrial market are forecast to exceed those of consumer and commercial markets. Continued recovery in manufacturing, particularly in coatings, adhesives, plastics, and building board, will fuel growth.

A wide variety of companies participate in the US wax industry, ranging from large, multinational petroleum and chemical concerns to small independent firms serving niche markets. Companies covered in this study include Baker Hughes, BASF, Calumet, Exxon Mobil, HollyFrontier, Honeywell International, International Group (IGI), Sasol, and Westlake Chemical.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WAX DEMAND
  • MARKET ENVIRONMENT
    • General
    • Macroeconomic Outlook
      • Table MACROECONOMIC INDICATORS
    • Consumer Income & Spending
      • Table PERSONAL CONSUMPTION EXPENDITURES
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS
    • Petroleum Industry Overview
      • Table CRUDE OIL & REFINED PETROLEUM PRODUCTS SUPPLY & DEMAND
    • Historical Market Trends
      • Table WAX DEMAND, 2004-2014
      • Table CHART II-1 WAX DEMAND, 2004-2014
    • Pricing Trends
      • Table WAX PRICES
    • Environmental & Regulatory Considerations
  • PRODUCT OVERVIEW
    • Demand by Type
      • Table WAX DEMAND BY TYPE
      • Table CHART III-1 WAX DEMAND BY TYPE, 2014: VOLUME & VALUE
    • Foreign Trade
      • Table FOREIGN TRADE IN WAXES
      • Imports
        • Table WAX IMPORTS BY TYPE & SOURCE, 2009-2014
        • Table CHART III-2 WAX IMPORTS BY TYPE & SOURCE, 2014
      • Exports
        • Table WAX EXPORTS BY TYPE & DESTINATION, 2009-2014
        • Table CHART III-3 WAX EXPORTS BY TYPE & DESTINATION, 2014
    • Production
      • Table WAX PRODUCTION BY TYPE
  • PETROLEUM & MINERAL WAXES
    • Types
      • Table PETROLEUM & MINERAL WAX DEMAND BY TYPE
      • Table CHART IV-1 PETROLEUM & MINERAL WAX DEMAND BY TYPE, 2014
      • Paraffin Waxes
        • Table PARAFFIN WAX DEMAND
        • Table REFINED PARAFFIN WAX DEMAND
        • Table OTHER PARAFFIN WAX DEMAND
      • Microcrystalline Waxes
        • Table MICROCRYSTALLINE WAX DEMAND
        • Table PETROLATUM DEMAND
        • Table OTHER MICROCRYSTALLINE WAX DEMAND
      • Other Mineral Waxes
        • Table MONTAN & OTHER MINERAL WAX DEMAND
    • Foreign Trade
      • Table FOREIGN TRADE IN PETROLEUM & MINERAL WAXES
      • Imports
        • Table PETROLEUM & MINERAL WAX IMPORTS BY SOURCE, 2009-2014
      • Exports
        • Table PETROLEUM & MINERAL WAX EXPORTS BY DESTINATION, 2009-2014
    • Producers & Capacity
      • Table US PETROLEUM WAX PRODUCTION CAPACITY BY COMPANY, 2014
    • Market Share
      • Table CHART IV-2 PETROLEUM & MINERAL WAX MARKET SHARE, 2014
  • SYNTHETIC WAXES
    • Types
      • Table SYNTHETIC WAX DEMAND
      • Table CHART V-1 SYNTHETIC WAX DEMAND BY TYPE, 2014
      • Polymer Waxes
        • Table POLYMER WAX DEMAND
        • Table POLYETHYLENE WAX DEMAND
        • Table OTHER POLYMER WAX DEMAND
      • Fischer-Tropsch Waxes
        • Table FISCHER-TROPSCH WAX DEMAND
      • Other Synthetic Waxes
        • Table OTHER SYNTHETIC WAX DEMAND
    • Foreign Trade
      • Table FOREIGN TRADE IN SYNTHETIC WAXES
      • Imports
        • Table SYNTHETIC WAX IMPORTS BY SOURCE, 2009-2014
      • Exports
        • Table SYNTHETIC WAX EXPORTS BY DESTINATION, 2009-2014
    • Market Share
      • Table CHART V-2 SYNTHETIC WAX MARKET SHARE, 2014
  • NATURAL WAXES
    • Types
      • Table NATURAL WAX DEMAND
      • Table CHART VI-1 NATURAL WAX DEMAND, 2004-2024
      • Vegetable Waxes
        • Table VEGETABLE WAX DEMAND
        • Table SOY WAX DEMAND
        • Table CARNAUBA WAX DEMAND
        • Table OTHER VEGETABLE WAX DEMAND
      • Animal & Insect Waxes
        • Table ANIMAL & INSECT WAX DEMAND
        • Table BEESWAX DEMAND
        • Table LANOLIN DEMAND
        • Table OTHER ANIMAL & INSECT WAX DEMAND
    • Foreign Trade
      • Table FOREIGN TRADE IN NATURAL WAXES
      • Imports
        • Table NATURAL WAX IMPORTS BY SOURCE, 2009-2014
      • Exports
        • Table NATURAL WAX EXPORTS BY DESTINATION, 2009-2014
    • Market Share
  • MARKETS
    • General
      • Table WAX DEMAND BY MARKET
    • Industrial
      • Table INDUSTRIAL WAX MARKET
      • Plastic & Rubber
        • Table PLASTIC RESIN & RUBBER PRODUCTION
        • Table PLASTICS & RUBBER MARKET FOR WAXES
      • Adhesives
        • Table ADHESIVES & SEALANTS SHIPMENTS
        • Table ADHESIVE MARKET FOR WAXES
      • Paper & Paperboard
        • Table PAPER & PAPERBOARD SUPPLY & DEMAND
        • Table PAPER & PAPERBOARD MARKET FOR WAXES
      • Building Boards
        • Table RECONSTITUTED WOOD PRODUCT SHIPMENTS
        • Table BUILDING BOARD MARKET FOR WAXES
      • Inks & Coatings
        • Table INKS & COATINGS PRODUCTION
        • Table INKS & COATINGS MARKET FOR WAXES
      • Other Industrial Markets
        • Table OTHER INDUSTRIAL MARKETS FOR WAXES
    • Consumer & Commercial
      • Table CONSUMER & COMMERCIAL MARKETS FOR WAXES
      • Candles & Decorative Products
        • Table CANDLE SHIPMENTS
        • Table CANDLES & DECORATIVE PRODUCTS MARKET FOR WAXES
      • Cosmetics & Toiletries
        • Table COSMETIC & TOILETRY SUPPLY & DEMAND
        • Table COSMETIC & TOILETRY MARKET FOR WAXES
      • Firelogs
        • Table FIRELOG SUPPLY & DEMAND
        • Table FIRELOG MARKET FOR WAXES
      • Household & Automotive Polishes
        • Table POLISH SHIPMENTS
        • Table HOUSEHOLD POLISH MARKET FOR WAXES
      • Pharmaceuticals
        • Table PHARMACEUTICAL SUPPLY & DEMAND
        • Table PHARMACEUTICAL MARKET FOR WAXES
      • Commercial
        • Table COMMERCIAL MARKETS FOR WAXES
      • Other Consumer Markets
        • Table OTHER CONSUMER MARKETS FOR WAX
  • INDUSTRY STRUCTURE
    • General
      • Table US WAX SALES BY COMPANY, 2014
    • Market Share
      • Table CHART VIII-1 WAX MARKET SHARE BY COMPANY, 2014
    • Industry Restructuring
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Competitive Strategies
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Manufacturing
    • Marketing & Distribution
    • Company Profiles
      • Akzo Nobel NV
      • ALTANA AG
      • American Refining Group Incorporated
      • Archer-Daniels-Midland Company
      • Armored AutoGroup Incorporated
      • Baker Hughes Incorporated
      • BASF SE
      • Berkshire Hathaway Incorporated
      • Bunge Limited
      • Calumet Specialty Products Partners LP
      • Clariant International Limited
      • Clorox Company
      • Croda International plc
      • Dow Corning Corporation
      • Elementis plc
      • Elevance Renewable Sciences Incorporated
      • Ergon Incorporated
      • Evonik Industries AG
      • Exxon Mobil Corporation
      • Genesee Polymers Corporation
      • Hexion Incorporated
      • HollyFrontier Corporation
      • Honeywell International Incorporated
      • International Group Incorporated
      • Koster Keunen LLC
      • Marcus Oil & Chemical
      • Michelman Incorporated
      • Micro Powders Incorporated
      • Momentive Performance Materials Incorporated
      • Multiceras SA de CV
      • Pilot Travel Centers LLC
      • RITA Corporation
      • Ross (Frank B.) Company Incorporated
      • Royal Dutch Shell plc
      • Sasol NA Limited
      • Sonneborn LLC
      • Strahl & Pitsch Incorporated
      • Vantage Specialty Chemicals Incorporated
      • Westlake Chemical Corporation
    • Other Companies Mentioned in the Study

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