Increasing Demand of Africa polyethylene Wax Market 2018
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. Polyethylene wax is used globally in diversified industries including coating, printing ink, adhesives, food packaging, and masterbatches.
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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.
Further key findings from the report suggest :
• The Asia PE wax demand was USD 228.9 million in 2016 and is expected to grow at a CAGR of 10.2% from 2017 to 2025
• Growth of printing inks, adhesives, cosmetics, and pharmaceuticals particularly in emerging countries of Asia Pacific and Africa are expected to have a positive impact on growth
• High polyethylene supplies from India and China coupled with rapid industrialization have resulted in high demand in the region
• Africa is also projected to observe significant gain in its market size on account of oil & gas infrastructure development coupled with lower product prices
• The high density polymerized segment accounted for 40.5% of the volume in 2016 and is expected to grow at a high CAGR from 2017 to 2025
Browse Full Research Report With TOC:https://www.radiantinsights.com/research/asia-africa-polyethylene-pe-wax-market
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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For More Details: https://www.radiantinsights.com
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/asia-africa-polyethylene-pe-wax-market/request-sample
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.
Further key findings from the report suggest :
• The Asia PE wax demand was USD 228.9 million in 2016 and is expected to grow at a CAGR of 10.2% from 2017 to 2025
• Growth of printing inks, adhesives, cosmetics, and pharmaceuticals particularly in emerging countries of Asia Pacific and Africa are expected to have a positive impact on growth
• High polyethylene supplies from India and China coupled with rapid industrialization have resulted in high demand in the region
• Africa is also projected to observe significant gain in its market size on account of oil & gas infrastructure development coupled with lower product prices
• The high density polymerized segment accounted for 40.5% of the volume in 2016 and is expected to grow at a high CAGR from 2017 to 2025
Browse Full Research Report With TOC:https://www.radiantinsights.com/research/asia-africa-polyethylene-pe-wax-market
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For More Details: https://www.radiantinsights.com
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