Chemical Planet

Polyethylene wax is used globally in diversified industries including coating, printing ink, adhesives, food packaging, and masterbatches. The Asia & Africa Polyethylene (PE) Wax Market is expected to reach USD 595.1 million by 2025, according to a new report by Grand View Research, Inc. Ethylene emerges as a key raw material used in the manufacture of polyethylene. Unstable crude oil prices and geopolitical issues are affecting raw material trends. The industry will be driven by high supply from Asia Pacific countries including India, China, and Japan coupled with technological innovations. HDPPE and LDPPE waxes are obtained using polymerization technology. Oxidized, modified, acid-modified are manufactured using modification technology. Low density cracked is produced by thermal cracking of LDPPE wax. China consists of large number PE manufacturers with flexible prices. Also, government initiatives to develop shale gas reserves by 2020 are also expected to contribute pos

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