Global Oxidized Polyethylene Wax Market Size & Outlook

The oxidized polyethylene wax industry worldwide is expected to reach a projected revenue of US$ 867.4 million by 2030. A compound annual growth rate of 4.8% is expected of the worldwide oxidized polyethylene wax industry from 2024 to 2030.
Revenue, 2023 (US$M)
$626.4
Forecast, 2030 (US$M)
$867.4
CAGR, 2024 - 2030
4.8%
Report Coverage
Worldwide

Global oxidized polyethylene wax market highlights

  • The global oxidized polyethylene wax market generated a revenue of USD 626.4 million in 2023 and is expected to reach USD 867.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.8% by 2030.
  • In terms of segment, hdpe accounted for a revenue of USD 459.9 million in 2023.
  • HDPE is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 626.4 million
Market revenue in 2030USD 867.4 million
Growth rate4.8% (CAGR from 2023 to 2030)
Largest segmentHdpe
Fastest growing segmentHDPE
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHDPE, LDPE

Other key industry trends

  • In terms of revenue, the North America accounted for 41.8% of the global oxidized polyethylene wax market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 332.8 million by 2030.

Key Regions: U.S. , China

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Oxidized Polyethylene Wax Market Companies

Name Profile # Employees HQ Website

Global oxidized polyethylene wax market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oxidized polyethylene wax market will help companies and investors design strategic landscapes.


Hdpe was the largest segment with a revenue share of 73.42% in 2023. Horizon Databook has segmented the Global oxidized polyethylene wax market based on hdpe, ldpe covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Oxidized Polyethylene Wax Product Outlook (Revenue, USD Million, 2018-2030)
    • HDPE
    • LDPE
  • Global Oxidized Polyethylene Wax Application Outlook (Revenue, USD Million, 2018-2030)
    • Plastic Processing
      • PVC
      • Polyolefins
      • Others
    • Paints & Coatings
    • Printing Inks
    • Textiles
    • Rubber Processing
    • Metals Processing
    • Adhesives
    • Candles
    • Food
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global oxidized polyethylene wax market , including forecasts for subscribers. This global databook contains high-level insights into Global oxidized polyethylene wax market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global oxidized polyethylene wax market size, by region, 2018-2030 (US$M)

Top 10 countries: Oxidized polyethylene wax market size, 2023 (US$M)

Global oxidized polyethylene wax market share, by product, 2023 & 2030 (%, US$M)

Oxidized polyethylene wax market: Opportunity assessment by country

Global oxidized polyethylene wax market, by region, 2023 (US$M)

Global oxidized polyethylene wax market size, by region, 2018-2030 (US$M)

Product 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 304.0 324.1 329.2 291.0 250.8 261.7 273.7 286.8 301.1 316.8 333.9 352.6 373.1 5.2%
Europe 207.5 226.3 247.0 222.2 181.8 187.2 193.3 199.9 207.1 215.1 223.7 233.2 243.5 3.8%
Asia Pacific 109.2 120.3 125.2 118.1 102.6 108.0 113.9 120.4 127.5 135.2 143.6 152.9 163.0 6.1%
Latin America 53.1 53.7 55.6 54.8 46.5 47.8 49.3 50.8 52.5 54.4 56.4 58.6 61.0 3.5%
MEA 17.1 20.6 19.7 16.5 21.0 21.6 22.2 22.9 23.6 24.3 25.1 25.9 26.8 3.1%
Overall 690.9 745.1 776.8 702.7 602.7 626.4 652.4 680.8 711.8 745.7 782.7 823.2 867.4 4.8%

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