U.S. Oxidized Polyethylene Wax Market Size & Outlook
U.S. oxidized polyethylene wax market, 2018-2030 (US$M)
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U.S. oxidized polyethylene wax market highlights
- The U.S. oxidized polyethylene wax market generated a revenue of USD 233.6 million in 2023 and is expected to reach USD 332.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, hdpe was the largest revenue generating product in 2023.
- HDPE is the most lucrative product segment registering the fastest growth during the forecast period.
Oxidized polyethylene wax market data book summary
| Market revenue in 2023 | USD 233.6 million |
| Market revenue in 2030 | USD 332.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Hdpe |
| Fastest growing segment | HDPE |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HDPE, LDPE |
| Key market players worldwide | The Lubrizol Corp, Marcus Corp, Honeywell International Inc, Baerlocher, SCG Chemicals, Durex Industries, Munzing |
Other key industry trends
- In terms of revenue, U.S. accounted for 37.3% of the global oxidized polyethylene wax market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. oxidized polyethylene wax market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 332.8 million by 2030.
Key Regions: China
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Oxidized Polyethylene Wax Market Scope
Oxidized Polyethylene Wax Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 73.54% in 2023. Horizon Databook has segmented the U.S. oxidized polyethylene wax market based on hdpe, ldpe covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. oxidized polyethylene wax market is highly categorized by the presence of several multinationals that have their business operations in the segment. Companies such as Lubrizol, Westlake Chemicals, Innospec and more have been operating in the country since decades and have strong regional presence in terms of product portfolio, market access and distribution channel strength.
With rising demand of the product from industries such as plastics, rubbers and printing inks, the market is projected to show significant growth over the forecast period. The plastics market in U.S. is rising steadily, although the recycled plastics demand in the country is observed to be dropping significantly, according to U.S. Environmental Protection Agency.
In 2014, 9.5% of the overall plastics in U.S. were recycled which fell to 9.1% in the subsequent year. The use of oxidized polyethylene wax in plastics is estimated to increase over the foreseeable future with respect to the application of the same in plastic coatings for aesthetics and prevention of plastic wearing.
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Target buyers of U.S. oxidized polyethylene wax market databook
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Our clientele includes a mix of oxidized polyethylene wax market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. oxidized polyethylene wax market , including forecasts for subscribers. This country databook contains high-level insights into U.S. oxidized polyethylene wax market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. oxidized polyethylene wax market size, by product, 2018-2030 (US$M)
U.S. Oxidized Polyethylene Wax Market Outlook Share, 2023 & 2030 (US$M)
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