Title: Polyethylene Wax Market - Forecast (2023 - 2028)
1Polyethylene Wax MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The Polyethylene Wax Market size is forecast to
reach US1.7 billion by 2027, after growing at a
CAGR of 4.2 during the forecast period
2022-2027. Polyethylene can be divided into
multiple categories such as high density
polyethylene, low density polyethylene, oxidized
polyethylene, and more. They are used for a wide
range of applications which include plastic
additives, hot melt adhesive, lubricants, digital
printing inks, textile treatment, rubber,
cosmetics, and other similar applications. Accordi
ng to recent insights published on Interpack in
2020, the global packaging industry is expected
to grow by an annual rate of 3.5 within the next
four years.
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- Key Takeaways
- Low Density Polyethylene segment in Polyethylene
Wax Market is expected to see the fastest growth,
especially during the forecast period. Its wide
range of characteristics and advantages made it
stand out in comparison to other types of
polyethylene in the market. - Polyethylene wax has a wide range of properties
which include excellent thermal stability, high
softening point, high melting point, high
chemical resistance, perfect lubrication, which
makes it ideal for use in the production of
plastics, hot melt adhesive, lubricants, digital
printing inks, and textile treatment. -
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By Distribution Channel- Segment Analysis Low
Density Polyethylene type held the largest share
in the Polyethylene Wax Market in 2021 and
is expected to grow at a CAGR of 4.4 between
2022 and 2027, owing to its increasing demand due
to the characteristics and benefits it offers
over other types of polyethylene. Low Density
Polyethylene provides better resistance to
moisture, chemical resistance, impact resistance,
and provide high resistance to temperature in
comparison to high density polyethylene, and
oxidized polyethylene. Moreover, low density
polyethylene is more flexible with low tensile
strength, is a poor conductor of electricity
which makes them shock-proof in comparison to
high density polyethylene,
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- Polyethylene Wax Market
Outlook - Mitsui Chemicals Inc
- BASF SE
- Arya Chem Inc
- Clariant
- WIWAX
- Kerax Limited
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Polyethylene Wax Market Forecast
(2023 - 2028) Learn More About the Report _at_
https//www.industryarc.com/Report/19014/polyethy
lene-wax-market
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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