US demand for waxes will rise 1.8 percent annually through 2019 to three billion pounds, with value demand reaching $3.2 billion. Petroleum and mineral waxes will remain the dominant types, while synthetic waxes will grow the fastest. The leading industrial market will provide the best opportunities, particularly in the production of coatings and inks, adhesives, and building boards.This study analyzes the $2.4 billion US wax industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by type (e.g., paraffin, microcrystalline, polymer, Fischer-Tropsch, vegetable, animal and insect) and market (e.g., plastic and rubber, adhesives, paper and paperboard, building boards, inks and coatings, candles, cosmetics and toiletries, firelogs, household and automotive polishes, pharmaceuticals, commercial).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 industry players, including Exxon Mobil, Honeywell International, and International Group (IGI).
