Rapid shale gas development in North America has provided new avenues for producing ethylene, which has benefited production. Increasing PE wax demand across printing inks and adhesives industry is also expected to support the market growth. Volatile prices of polyethylene are expected to impact the profitability of key producers. The Global Polyethylene Wax Market is expected to reach USD 2.37 billion by 2022, according to a new report by Grand View Research, Inc. Polymerization was the leading technology segment and accounted for over 50% of total market volume in 2014. The technology is primarily used for high density polymerized and low density polymerized PE wax. On account of developing demand for specialized and customized wax, modification technology is expected to witness significant gain in its size over the next seven years. High density polymerized wax was the leading product segment and accounted for 40% of total market volume in 2014. Increasing penetration of high