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Study #: 2456

Published: 04/2009

Pages: 237

Full Study Price: US$ 4,600

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Waxes to 2013 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

Demand for waxes in the US is forecast to reach $2.5 billion in 2013. Value gains will be based on a shift to more expensive types. Volume growth will be driven by use of waxes in building boards, coatings, adhesives, plastics and rubber. Petroleum waxes will stay the largest market but will lose share to faster growing synthetic and natural types.

This study analyzes the 2.3 billion pound US wax industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by wax type (e.g., paraffin, microcrystalline, polymer, Fischer-Tropsch, vegetable, animal and insect) and market (e.g., industrial, consumer and commercial).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 41 industry players, including Exxon Mobil, Honeywell and The International Group.

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TABLE OF CONTENTS                                   


SECTION                                                                      PAGE

               INTRODUCTION                                                     x

          I.   EXECUTIVE SUMMARY                                                1

         II.   MARKET ENVIRONMENT                                               4
               General                                                          4
               Macroeconomic Outlook                                            5
               Consumer Income & Spending                                       9
               Manufacturing Outlook                                           11
               Petroleum Industry Overview                                     14
               Historical Market Trends                                        16
               Pricing Trends                                                  20
               Environmental & Regulatory Considerations                       22

        III.   PRODUCT OVERVIEW                                                24
               Demand by Type                                                  24
               Foreign Trade                                                   28
                   Imports                                                     29
                   Exports                                                     32
               Production                                                      35

         IV.   PETROLEUM & MINERAL WAXES                                       37
               Types                                                           37
                   Paraffin Waxes                                              40
                     Refined                                                   42
                     Other                                                     45
                   Microcrystalline Waxes                                      47
                     Petrolatum                                                49
                     Other                                                     52
                   Other Mineral Waxes                                         54
               Foreign Trade                                                   57
                   Imports                                                     58
                   Exports                                                     59
               Producers & Capacity                                            60
               Market Share                                                    62

          V.   SYNTHETIC WAXES                                                 65
               Types                                                           65
                   Polymer Waxes                                               67
                     Polyethylene                                              68
                     Other                                                     72
                   Fischer-Tropsch Waxes                                       75
                   Other Synthetic Waxes                                       77
               Foreign Trade                                                   80
                   Imports                                                     81
                   Exports                                                     82
               Market Share                                                    84

         VI.   NATURAL WAXES                                                   87
               Types                                                           87
                   Vegetable Waxes                                             89
                     Soy                                                       91
                     Carnauba                                                  93
                     Other                                                     96
                        Candelilla                                             97
                        Jojoba                                                 98
                        Other Miscellaneous Vegetable Waxes                    99
                   Animal & Insect Waxes                                      102
                     Lanolin                                                  103
                     Beeswax                                                  106
                     Other                                                    108
               Foreign Trade                                                  110
                   Imports                                                    111
                   Exports                                                    113
               Market Share                                                   114

        VII.   MARKETS                                                        115
               General                                                        115
               Industrial                                                     116
                   Plastics & Rubber                                          118
                     Plastics & Rubber Production Outlook                     118
                     Wax Demand                                               120
                   Paper & Paperboard                                         122
                     Paper & Paperboard Production Outlook                    122
                     Wax Demand                                               124
                        Boxes & Containers                                    126
                        Other Paper & Paperboard Markets                      128
                   Adhesives                                                  129
                     Adhesives & Sealants Industry Outlook                    129
                     Wax Demand                                               131
                   Building Boards                                            132
                     Building Board Industry Outlook                          133
                     Wax Demand                                               134
                   Coatings & Inks                                            135
                     Coatings & Inks Production Outlook                       136
                     Wax Demand                                               137
                   Other Industrial Markets                                   140
               Consumer & Commercial                                          144
                   Candles & Decorative                                       146
                     Candle Production Outlook                                147
                     Wax Demand                                               148
                   Cosmetics & Toiletries                                     150
                     Cosmetics & Toiletries Industry Outlook                  151
                     Wax Demand                                               154
                   Household & Automotive Polishes                            156
                     Household & Automotive Polish Industry Outlook           156
                     Wax Demand                                               158
                   Commercial                                                 160
                   Firelogs                                                   162
                     Firelog Industry Outlook                                 162
                     Wax Demand                                               163
                   Other Markets                                              165

       VIII.   INDUSTRY STRUCTURE                                             167
               General                                                        167
               Market Share                                                   169
               Industry Restructuring                                         172
               Competitive Strategies                                         175
               Manufacturing                                                  176
               Marketing & Distribution                                       178
               Company Profiles                                               180
                   Akzo Nobel NV                                              181
                   American Refining Group Incorporated                       182
                   Archer-Daniels-Midland Company                             183
                   Baker Hughes Incorporated                                  184
                   BASF SE                                                    185
                   Bunge Limited                                              187
                   Burt's Bees Incorporated, see Clorox                          
                   Calumet Specialty Products Partners LP                     188
                   CITGO Petroleum, see Petroleos de Venezuela
                   Clariant International Limited                             190
                   Clorox Company                                             192
                   ConocoPhillips                                             193
                   Croda International plc                                    194
                   Dow Corning Corporation                                    195
                   Eka Chemicals AB, see Akzo Nobel
                   Elementis plc                                              197
                   Elevance Renewable Sciences Incorporated                   198
                   Ergon Incorporated                                         199
                   Evonik Industries AG                                       200
                   Exxon Mobil Corporation                                    201
                   Flying J Incorporated                                      202
                   Genesee Polymers Corporation                               203
                   Hexion Specialty Chemicals Incorporated                    204
                   Honeywell International Incorporated                       206
                   International Flora Technologies Limited                   208
                   The International Group Incorporated                       209
                   Koster Keunen Incorporated                                 211
                   Lambent Technologies, see Petroferm                           
                   Lipo Chemicals Incorporated                                213
                   Lubrizol Corporation                                       214
                   Marcus Oil & Chemical                                      216
                   Michelman Incorporated                                     217
                   Micro Powders Incorporated                                 218
                   Momentive Performance Materials Incorporated               220
                   Multiceras SA de CV                                        221
                   Penreco, see Calumet Specialty Products Partners                                    
                   Petroferm Incorporated                                     223
                   Petroleos de Venezuela SA                                  224
                   RITA Corporation                                           225
                   Ross (Frank B.) Company Incorporated                       226
                   Royal Dutch Shell plc                                      227
                   Sasol Limited                                              229
                   Sonneborn LLC                                              231
                   Strahl & Pitsch Incorporated                               232
                   Sunoco Incorporated                                        233
                   Westlake Chemical Corporation                              234
               Additional Company List                                        236

                                  LIST OF TABLES
                                        
TABLE NUMBER                                                                 PAGE

               SECTION I -- EXECUTIVE SUMMARY
               Summary Table                                                    3

               SECTION II -- MARKET ENVIRONMENT
           1   Macroeconomic Indicators                                         9
           2   Personal Consumption Expenditures                               11
           3   Manufacturers' Shipments                                        14
           4   Crude Oil & Refined Petroleum Products Supply & Demand          16
           5   Wax Demand, 1998-2008                                           19
           6   Wax Prices                                                      21

               SECTION III -- PRODUCT OVERVIEW
           1   Wax Demand by Type                                              26
           2   Foreign Trade in Waxes                                          29
           3   Wax Imports by Type & Source, 2003-2008                         31
           4   Wax Exports by Type & Destination, 2003-2008                    34
           5   Wax Production by Type                                          36

               SECTION IV -- PETROLEUM & MINERAL WAXES
           1   Petroleum & Mineral Wax Demand by Type                          39
           2   Paraffin Wax Demand                                             42
           3   Refined Paraffin Wax Demand                                     45
           4   Other Paraffin Wax Demand                                       47
           5   Microcrystalline Wax Demand                                     49
           6   Petrolatum Demand                                               51
           7   Other Microcrystalline Wax Demand                               54
           8   Other Mineral Wax Demand                                        56
           9   Foreign Trade in Petroleum & Mineral Waxes                      57
          10   Petroleum & Mineral Wax Imports by Source, 2003-2008            59
          11   Petroleum & Mineral Wax Exports by Destination, 2003-2008       60
          12   US Petroleum Wax Production Capacity, 2008                      62

               SECTION V -- SYNTHETIC WAXES
           1   Synthetic Wax Demand                                            66
           2   Polymer Wax Demand                                              68
           3   Polyethylene Wax Demand                                         72
           4   Other Polymer Wax Demand                                        74
           5   Fischer-Tropsch Wax Demand                                      77
           6   Other Synthetic Wax Demand                                      80            
           7   Foreign Trade in Synthetic Waxes                                81
           8   Synthetic Wax Imports by Source, 2003-2008                      82
           9   Synthetic Wax Exports by Destination, 2003-2008                 83

               SECTION VI -- NATURAL WAXES
           1   Natural Wax Demand                                              88
           2   Vegetable Wax Demand                                            91
           3   Soy Wax Demand                                                  93
           4   Carnauba Wax Demand                                             96
           5   Other Vegetable Wax Demand                                      97
           6   Animal & Insect Wax Demand                                     103
           7   Lanolin Demand                                                 105
           8   Beeswax Demand                                                 107
           9   Other Animal & Insect Wax Demand                               109
          10   Foreign Trade in Natural Waxes                                 111
          11   Natural Wax Imports by Source, 2003-2008                       112
          12   Natural Wax Exports by Destination, 2003-2008                  113

               SECTION VII -- MARKETS
           1   Wax Demand by Market                                           116
           2   Industrial Wax Market                                          117
           3   Plastics & Rubber Production                                   120
           4   Plastics & Rubber Market for Waxes                             121
           5   Paper & Paperboard Supply & Demand                             124
           6   Paper & Paperboard Market for Waxes                            126
           7   Adhesive & Sealant Shipments                                   130
           8   Adhesive Market for Waxes                                      132
           9   Reconstituted Wood Product Shipments                           134
          10   Building Board Market for Waxes                                135
          11   Coatings & Inks Production                                     137
          12   Coatings & Inks Market for Waxes                               140
          13   Other Industrial Markets for Waxes                             144
          14   Consumer & Commercial Markets for Waxes                        146
          15   Candle Shipments                                               148
          16   Candles & Decorative Products Market for Waxes                 150
          17   Cosmetic & Toiletry Supply & Demand                            153
          18   Cosmetic & Toiletry Market for Waxes                           156
          19   Polish Shipments                                               158
          20   Household Polish Market for Waxes                              160
          21   Commercial Markets for Waxes                                   162
          22   Firelog Supply & Demand                                        163
          23   Firelog Market for Waxes                                       164
          24   Other Markets for Waxes                                        166

               SECTION VIII -- INDUSTRY STRUCTURE
           1   Wax Sales by Company, 2008                                     168
           2   Selected Acquisitions & Divestitures                           174

                                  LIST OF CHARTS
                                        
CHART NUMBER                                                                 PAGE

               SECTION II -- MARKET ENVIRONMENT
           1   Wax Demand, 1998-2008                                           19

               SECTION III -- PRODUCT OVERVIEW
           1   Wax Demand by Type, 2008: Volume Versus Value                   27
           2   Wax Imports by Type, 2008                                       31
           3   Wax Imports by Source, 2008                                     32
           4   Wax Exports by Type, 2008                                       34
           5   Wax Exports by Destination, 2008                                35

               SECTION IV -- PETROLEUM & MINERAL WAXES
           1   Petroleum & Mineral Wax Demand by Type, 2008                    39
           2   Petroleum & Mineral Wax Market Share, 2008                      64

               SECTION V -- SYNTHETIC WAXES
           1   Synthetic Wax Demand by Type, 2008                              66
           2   Synthetic Wax Market Share, 2008                                86

               SECTION VI -- NATURAL WAXES
           1   Natural Wax Demand, 1998-2018                                   89

               SECTION VIII -- INDUSTRY STRUCTURE
           1   Wax Market Share by Company, 2008                              171
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