Report

wood wax market trends forecasts 2022

Wood Wax Market: By Type (Paraffin Wood Wax, Carnauba Wood Wax, Bees Wood Wax) & By Application (Medium Density Fiberboard, Particleboard, Wood Coating) - Global Trends & Forecast to 2022

pages Pages: 117
tables Tables: 61
charts Charts: 74
country Regions/Countries: 5/11
compaines Companies: 10
enqhours Enquiry Hours: 10
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The increasing awareness among people about the clean and hygienic environment has led to the increase in the usage of wood wax for wood polishing and coatings. Wax is an integral part of wooden products even if there are many other alternatives both relatively higher and lower pricing. Paraffin wax is a synthetic product whereas, bees and carnauba wood waxes are animal and vegetable based products. Bees and carnauba wood waxes are eco-friendly, premium products and hence their usage is mostly limited to the developed countries.

Research Methodology

The wood wax market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:

wood wax market

Key Market Insights

 

Currently, Asia Pacific is the global leader in the wood wax market due to high industrialization and high construction development in developing countries such as China and India. Medium density fiberboard application segment is expected to maintain global dominance in application segments because of increased usage of wood wax in the panelboards. In addition, increasing government regulations towards clean environment and restrictions on the use of low VOC content products contribute to the increase of wood wax market at global level.

The study of the global wood wax market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the key decision makers to make better business plans and informed decisions for the future. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

According to Infoholic Research, the “Global Wood Wax” production is expected to grow at a CAGR of 5.0% during the forecast period to reach 1,187.7 kilotons by 2022. Paraffin wax is expected to maintain global dominance in types segment, and Asia Pacific is expected to increase its regional dominance in the global wood wax market. Multinational companies such as BASF SE, Akzo Nobel N.V., Berkshire Hathaway, Dow Chemical Company, and Baker Hughes are the prominent players in this market.

 

Report Scope:


  • Types

    • Paraffin wood wax

    • Bees wood wax

    • Carnauba wood wax


    •  

  • Applications

    • Medium Density Fiberboard

    • Particleboard

    • Wood Coating

    • Others (Oriented Strand Board, Lubrication, etc.,)


    •  

  • Regions

    • Asia Pacific

    • Europe

    • North America

    • Rest of the World


    •  

  • Industry outlook: market trends and drivers, restraints, and opportunities


  •  


 

1     Report Outline  

1.1        Introduction

1.2        Report Scope

1.3        Market Definition

1.4        Research Methodology

1.4.1     Data Collation & In-House Estimation

1.4.2     Market Triangulation

1.4.3     Forecasting

1.5        Study Declarations

1.6        Report Assumptions

1.7        Stakeholders

2     Executive Summary  

2.1        Developed Countries Expected to See a Deduction in Wood Wax Market

2.2        Paraffin Wax in Panelboard Application Lead the Wood Wax Market

3     Market Positioning  

3.1        Total Addressable Market (TAM): Wood Finishing

3.1.1     Market Overview

3.1.2     Major Trends

3.2        Segmented Addressable Market (SAM)

3.3        Related Markets

4     Market Outlook  

4.1        Overview

4.2        Value Chain Analysis

4.3        PESTLE Analysis

4.4        Porter 5 (Five) Forces

4.5        Patent Analysis

5     Market Characteristics 

5.1        Market Segmentation

5.2        Market Dynamics

5.2.1     Drivers

5.2.1.1    Increasing construction and manufacturing industries

5.2.1.2    Growing purchasing power and greater economic growth in Asia Pacific

5.2.2     Restraints

5.2.2.1    Low penetration in underdeveloped countries

5.2.2.2    Shrinking paraffin wax supply

5.2.3     Opportunities

5.2.3.1    Large untapped market in developing and underdeveloped countries

5.2.3.2    Development of eco-friendly products

5.2.4     DRO – Impact Analysis

6     Materials: Market Size and Analysis 

6.1        Overview

6.2        Paraffin Wood Wax

6.3        Carnauba Wood Wax

6.4        Bees Wood Wax

6.5        Vendor Profiles

6.5.1     Akzo Nobel N.V.

6.5.2     BASF SE

6.5.3     Berkshire Hathaway Inc.

6.5.4     Baker Hughes Incorporated

6.5.5     Dow Chemical Company

(Overview, Business Units, Geographic Revenues, Product Profile, Recent Developments, Business Focus, SWOT Analysis and Business Strategies have been covered for all vendors)

7     Application Areas: Market Size and Analysis 

7.1        Overview

7.2        Medium Density Fiberboard

7.3        Particleboard

7.4        Wood Coating

7.5        Customer Profile

7.5.1     Armstrong World Industries, Inc.

7.5.2     Celulosa Arauco y Constitución S.A.

7.5.3     Fritz EGGER GmbH & Co. OG

7.5.4     Furen Group Corporation Ltd.

7.5.5     Norbord Inc.

(Overview, Business Units, Geographic Revenues, Product Profile, Recent Developments, Business Focus, SWOT Analysis and Business Strategies have been covered for all customers)

8     Regions: Market Size and Analysis 

8.1        Overview

8.2        Asia Pacific

8.2.1     Asia Pacific Market, By Countries

8.2.2     Asia Pacific Market, By Application

8.2.3     Asia Pacific Market, By Type

8.3        Europe

8.3.1     Europe Market, By Country

8.3.2     Europe Market, By Application

8.3.3     Europe Market, By Type

8.4        North America

8.4.1     North America Market, By Countries

8.4.2     North America Market, By Application

8.4.3     North America Market, By Type

8.5        Rest of the World

8.5.1     Rest of the World Market, By Country

8.5.2     Rest of the World Market, By Application

8.5.3     Rest of the World Market, By Type

9     Companies to Watch for 

9.1        DuluxGroup Limited

9.1.1     Overview

9.1.2     Product Portfolio

9.1.3     Backward Integration Helping the Company to Mould the Market

9.2        Armstrong World Industries, Inc.

10   Competitive Landscape  

10.1     Competitor Comparison Analysis

10.2     Market Landscape

10.2.1  Mergers, Acquisitions & Joint Ventures

10.2.2  Expansion

10.2.3  Divestment & Divestiture

11   Expert’s Views 

Annexure  

Abbreviations

 

 

TABLE 1 GLOBAL WOOD WAX MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 28
TABLE 2 GLOBAL WOOD WAX MARKET VOLUME, BY TYPE, 2015−2022 (KILOTON) 29
TABLE 3 GLOBAL PARAFFIN WOOD WAX MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 29
TABLE 4 GLOBAL PARAFFIN WOOD WAX MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTON) 30
TABLE 5 GLOBAL CARNAUBA WOOD WAX MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 31
TABLE 6 GLOBAL CARNAUBA WOOD WAX MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTON) 31
TABLE 7 GLOBAL BEES WOOD WAX MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 32
TABLE 8 GLOBAL BEES WOOD WAX MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTON) 33
TABLE 9 AKZO NOBEL N.V.: PRODUCT PROFILE 36
TABLE 10 BASF SE: PRODUCT PROFILE 41
TABLE 11 BASF SE: RECENT DEVELOPMENTS 41
TABLE 12 BERKSHIRE HATHAWAY INC.: PRODUCT PROFILE 45
TABLE 13 BERKSHIRE HATHAWAY INC.: RECENT DEVELOPMENTS 46
TABLE 14 BAKER HUGHES INCORPORATED: PRODUCT PROFILE 51
TABLE 15 DOW CHEMICAL COMPANY: PRODUCT PROFILE 56
TABLE 16 DOW CHEMICAL COMPANY: RECENT DEVELOPMENTS 57
TABLE 17 GLOBAL WOOD WAX MARKET VALUE, BY APPLIACTION, 2015−2022 ($MILLION) 60
TABLE 18 GLOBAL WOOD WAX MARKET VOLUME, BY APPLIACTION, 2015−2022 (KILOTON) 61
TABLE 19 GLOBAL WOOD WAX MARKET VALUE IN MEDIUM DENSITY FIBERBOARD, BY GEOGRAPHY, 2015−2022 ($MILLION) 62
TABLE 20 GLOBAL WOOD WAX MARKET VOLUME IN MEDIUM DENSITY FIBERBOARD, BY GEOGRAPHY, 2015−2022 (KILOTON) 62
TABLE 21 GLOBAL WOOD WAX MARKET VALUE IN PARTICLEBOARD, BY GEOGRAPHY, 2015−2022 ($MILLION) 63
TABLE 22 GLOBAL WOOD WAX MARKET VOLUME IN PARTICLEBOARD, BY GEOGRAPHY, 2015−2022 (KILOTON) 63
TABLE 23 GLOBAL WOOD WAX MARKET VALUE IN WOOD COATING, BY GEOGRAPHY, 2015−2022 ($MILLION) 64
TABLE 24 GLOBAL WOOD WAX MARKET VOLUME IN WOOD COATING, BY GEOGRAPHY, 2015−2022 (KILOTON) 65
TABLE 25 ARMSTRONG WORLD INDUSTRIES, INC.: RECENT DEVELOPMENTS 68
TABLE 26 CELULOSA ARAUCO Y CONSTITUCIÓN S.A.: OVERVIEW 71
TABLE 27 CELULOSA ARAUCO Y CONSTITUCIÓN S.A.: PRODUCT PROFILE 73
TABLE 28 CELULOSA ARAUCO Y CONSTITUCIÓN S.A.: RECENT DEVELOPMENTS 73
TABLE 29 FRITZ EGGER GMBH & CO. OG: RECENT DEVELOPMENTS 79
TABLE 30 FUREN GROUP CORPORATION LTD.: PRODUCT PROFILE 82
TABLE 31 FUREN GROUP CORPORATION LTD.: RECENT DEVELOPMENTS 83
TABLE 32 NORBORD INC.: PRODUCT PROFILE 86
TABLE 33 GLOBAL WOOD WAX MARKET VALUE, BY GEOGRAPHY, 2015−2022 ($MILLION) 89
TABLE 34 GLOBAL WOOD WAX MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTON) 90
TABLE 35 ASIA PACIFIC WOOD WAX MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 91
TABLE 36 ASIA PACIFIC WOOD WAX MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTON) 92
TABLE 37 ASIA PACIFIC WOOD WAX MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 92
TABLE 38 ASIA PACIFIC WOOD WAX MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTON) 93
TABLE 39 ASIA PACIFIC WOOD WAX MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 94
TABLE 40 ASIA PACIFIC WOOD WAX MARKET VOLUME, BY TYPE, 2015−2022 (KILOTON) 94
TABLE 41 EUROPE WOOD WAX MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 95
TABLE 42 EUROPE WOOD WAX MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTON) 96
TABLE 43 EUROPE WOOD WAX MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 97
TABLE 44 EUROPE WOOD WAX MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTON) 97
TABLE 45 EUROPE WOOD WAX MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 98
TABLE 46 EUROPE WOOD WAX MARKET VOLUME, BY TYPE, 2015−2022 (KILOTON) 99
TABLE 47 NORTH AMERICA WOOD WAX MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 100
TABLE 48 NORTH AMERICA WOOD WAX MARKET VOLUME, BY COUNTRY, 2015−2022 (KILOTON) 100
TABLE 49 NORTH AMERICA WOOD WAX MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 101
TABLE 50 NORTH AMERICA WOOD WAX MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTON) 102
TABLE 51 NORTH AMERICA WOOD WAX MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 103
TABLE 52 NORTH AMERICA WOOD WAX MARKET VOLUME, BY TYPE, 2015−2022 (KILOTON) 103
TABLE 53 REST OF THE WORLD WOOD WAX MARKET VALUE, BY COUNTRY, 2015−2022 ($MILLION) 105
TABLE 54 REST OF THE WORLD WOOD WAX MARKET VOLUME, BY GEOGRAPHY, 2015−2022 (KILOTON) 105
TABLE 55 REST OF THE WORLD WOOD WAX MARKET VALUE, BY APPLICATION, 2015−2022 ($MILLION) 106
TABLE 56 REST OF THE WORLD WOOD WAX MARKET VOLUME, BY APPLICATION, 2015−2022 (KILOTON) 106
TABLE 57 REST OF THE WORLD WOOD WAX MARKET VALUE, BY TYPE, 2015−2022 ($MILLION) 107
TABLE 58 REST OF THE WORLD WOOD WAX MARKET VOLUME, BY MATERIAL, 2015−2022 (KILOTON) 108
TABLE 59 MERGER, ACQUISITION & JOINT VENTURE, 2012–2016 112
TABLE 60 EXPANSION, 2013–2016 113
TABLE 61 DIVESTMENT & DIVESTITURE, 2016 113

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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Wood Wax Market: By Type (Paraffin Wood Wax, Carnauba Wood Wax, Bees Wood Wax) & By Application (Medium Density Fiberboard, Particleboard, Wood Coating) - Global Trends & Forecast to 2022
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