Bio-Wax Market

Jun 2022| FMI1946A| Future Markets Insights

Report Highlights

Bio-wax is a group of water soluble organic polymers that are manufactured from bio-based raw materials. It is also manufactured as a byproduct of bio-diesel production process. The applications of bio-wax are cosmetics and personal care products, water protection systems,firelogs, infrastructure building and paints & coatings. Bio-waxis developed to replace petroleum based wax and synthetic olefins. Itis usually a low odor group of compounds that does not interfere with complexfragrance profiles. The uses and properties of bio-wax depend on its molecular weight and branching of polymer.

Rising demand for cosmetics and personal care products is expected to drive the bio-wax market. Cosmetics and personal care industry is driven by demand from developed countries and rising demand from emerging economies worldwide. Owing to changing lifestyle and rising disposable incomein emerging economies, cosmetics and personal care products are experiencing huge demand. Bio-wax based products are used as firelogs that emits less green house gases as compared to other fire fuels. According to the U.S. Environment Protection Agency report,bio-based fuels do not increase carbon di-oxide concentrations in environment. Thus, the demand for bio-wax in firelogs from cold climatecountries is expected to further boost the market growth.

In addition, reduction in petroleum wax supply and changing consumer group’s preference is expected to fuel the bio-wax market growth. Petroleum wax is subjected to price and supply volatility of crude oil and it may have adverse effects on human health. Bio-wax is also used in concrete work such as bridge construction, roof tiles, pre-fab elements and precast concrete application. Growing building and construction industry in emerging economies and repairing of existing infrastructure in developed countries is expected to drive the bio-wax market.

However, cost and complex process of manufacturing is expected to hamper the market growth. Bio-based raw materials are used for bio-diesel production and bio-wax is also produced as a byproduct of this process. Raw materials suppliers are preferring bio-diesel plants over bio-wax manufacturing which creates scarcity of the raw materials. Technological advances and increasing scope of use of bio-wax in new applications in expected to provide opportunities for bio-wax market in the near future.

North America was the largest consumer of the bio-wax in terms of consumption and production. Demand from cosmetics and personal care industry is expected to drive the bio-wax market in this region. In addition, governmental regulations for bio-based fuel in firelogs are anticipated to boost the market. North America was followed by Europe, where stringent governmental policies for reducing carbon di-oxide emission are expected to boost the market. Shift in preference of consumer groups from petroleum based wax to bio-wax in cosmetics and other application is expected to fuel the market growth. Building and construction industry in this region is expected to contribute to the growth of bio-wax market. Use of bio-wax in infrastructure building and firelogsis in line with the sustainable growth policy of Europe. Growth in Asia Pacific was submissive however, it is expected to grow at higher pace in the near future. Abundant raw materials and presence of bio-diesel plants is expected to boost the market in this region.

Key players in this market include Biosil, Duraflame, BioJouvance, Fisch, Remmers, Chant Oil Co. Ltd. among others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Product Type, By Physical Form, By Molecular Weight, By Application, By End-use Industry, By Region
Industry covered Chemicals & Materials
Regions covered North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East and Africa
Companies studied
  • BioJouvance
  • Remmers
  • Fisch
  • Chant Oil Co. Ltd.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size & Forecast 2015 -2025
  • Supply & Demand Value Chain
  • Current Trends/Issues/Challenges

Competition & Companies involved

  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

 

  • Table 1 : Global Bio-Wax Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by Region, 2017-2032
  • Table 3 : Global Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 4 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 5 : Global Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 6 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 7 : Global Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 8 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 9 : Global Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 10 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 11 : Global Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 12 : Global Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 13 : North America Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 14 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 15 : North America Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 16 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 17 : North America Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 18 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 19 : North America Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 20 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 21 : North America Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 22 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 23 : North America Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 24 : North America Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 25 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 27 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 28 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 29 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 30 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 31 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 32 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 33 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 34 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 35 : Latin America Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 36 : Latin America Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 37 : Europe Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 38 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 39 : Europe Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 40 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 41 : Europe Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 42 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 43 : Europe Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 44 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 45 : Europe Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 46 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 47 : Europe Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 48 : Europe Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 49 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 50 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 51 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 52 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 53 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 54 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 55 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 56 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 57 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 58 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 59 : East Asia Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 60 : East Asia Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 61 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 62 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 63 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 64 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 65 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 66 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 67 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 68 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 69 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 70 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 71 : South Asia & Pacific Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 72 : South Asia & Pacific Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032
  • Table 73 : MEA Bio-Wax Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 74 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by Country, 2017-2032
  • Table 75 : MEA Bio-Wax Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 76 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by Product Type, 2017-2032
  • Table 77 : MEA Bio-Wax Market Value (US$ Mn) Forecast by Physical Form, 2017-2032
  • Table 78 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by Physical Form, 2017-2032
  • Table 79 : MEA Bio-Wax Market Value (US$ Mn) Forecast by Molecular Weight, 2017-2032
  • Table 80 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by Molecular Weight, 2017-2032
  • Table 81 : MEA Bio-Wax Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 82 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by Application, 2017-2032
  • Table 83 : MEA Bio-Wax Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032
  • Table 84 : MEA Bio-Wax Market Volume (Mn Mn Tons) Forecast by End Use Industry, 2017-2032

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