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Microcrystalline Wax Demand to Increase with Growing Partnerships between Industry Leaders

Press release Description

Albany, New York, December 24, 2018: As leading manufacturers are shifting their facilities seeking more suitable locations, demand for raw materials including petroleum-based feedstock has increased significantly. This has further imposed significant impact on the demand for microcrystalline wax in recent years. Additionally, rising demand for pharmaceuticals in tandem with demographic changes have been influencing growth of the microcrystalline wax market.

Aforementioned information has been gathered from the report titled “Global Market Study on Microcrystalline Wax: Packaging Application to Witness Firm Growth Through 2026,” incorporated recently into extensive repository of Market Research Reports Search Engine (MRRSE). Demand for microcrystalline wax also remains influenced by the proliferation of petroleum-based products and chemicals, particularly in the plastics, pharmaceuticals, and cosmetics industries.

These end-use industries are adhering to new policies for tackling key challenges including technology gaps, lack of experience, and rising costs. With the recovery of the global economy, joint ventures and acquisitions are becoming a frequent activity, as industry leaders seek expansion of their portfolio through strategic partnerships. This will further entail demand for various inevitable raw materials, and microcrystalline wax is no exception.

Microcrystalline Wax Market: Robust Research Methodology

The research methodology employed for developing this report on the microcrystalline wax market is an accurate combination of expert panel reviews, and secondary and primary researches. Secondary sources referred while developing this report include statistical databases, government publications, market reports, regulatory databases, relevant patent filings, external & internal proprietary databases, investor presentations, SEC filings, and company websites.

Primary research, on the other hand, involves comprehensive telephonic interviews, face-to-face interviews, and email interactions to deliver unbiased and detailed reviews for the microcrystalline wax market across geographies. Factors gleaned from the primary research approach enables validation and credibility of the secondary research findings. The report also offers an in-depth study of the microcrystalline wax market’s competitive scenario, and profiles key players operating in the market.

Microcrystalline Wax Market: Scope of the Report

Important dynamics of the microcrystalline wax market, including the growth determinants, confinements, opportunities and trends, have been highlighted and studied in the report. Size of the microcrystalline wax market has been offered in terms of value (US$ Mn). A detailed analysis on value chain has also been delivered in the report, which offers a comprehensive view of the microcrystalline wax market. The study offers a detailed assessment of the microcrystalline wax market with the aid of segmentation.

This all-inclusive research analysis on the microcrystalline wax market offers in-depth study and forecast of the market for the period between 2018 and 2026, at a regional and global level. The year 2017 is considered as the base for evaluating forecast of the microcrystalline wax market for the period 2018-2026. The report readers can gain an accurate and in-depth analysis on the microcrystalline wax market with the unbiased assessment on the market offered in this report.

The competition landscape of the microcrystalline wax market has been studied in detail in key weighted chapters of the report. The report profiles key players operating in the microcrystalline wax market, which include Holly Frontier Refining & Marketing LLC, MOL Group, Sasol, Nippon Seiro Co., Ltd., Asian Oil Company, The International Group, Inc., Kerax Limited, Koster Keunen, Sonneborn LLC, Calumet Specialty Products Partners, L.P., and Indian Oil Corporation Ltd.

Browse Full Global Microcrystalline Wax Market Report with TOC :

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