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Wood Wax Market: By Type (Paraffin Wood Wax, Carnauba Wood Wax, Bees Wood Wax) & By Application (Medium Density Fiberboard, Particleboard, Wood Coating) - Global Trends & Forecast to 2028

August 2023 | | ID: W11575649761EN
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The wood wax market refers to the industry involved in the production and distribution of wood waxes. Wood wax is a type of protective and decorative coating applied to wooden surfaces to enhance their appearance, provide durability, and protect against moisture and wear. Wood wax is commonly used in furniture, flooring, wooden crafts, and other wooden items to bring out the natural beauty of the wood while providing a protective layer. Consumers' growing preference for natural and eco-friendly products has driven the demand for wood waxes made from natural ingredients, such as beeswax or carnauba wax. Eco-conscious consumers seek wood finishes that have minimal environmental impact and are free from harmful chemicals. On the other hand, the perceived complexity of application is factor which is likely to impede the market growth. The Global Wood Wax Market is expected to grow at a CAGR of 2.7% during the forecast period to reach by 2028.

Wood Wax Market by Types
  • Paraffin wood wax
  • Bees wood wax
  • Carnauba wood wax
Wood Wax Market by Applications
  • Medium Density Fiberboard
  • Particleboard
  • Wood Coating
  • Others (Oriented Strand Board, Lubrication, etc.,)
Wood Wax Market by Geography
  • Asia Pacific
  • Europe
  • North America
  • Rest of the World
Paraffin wood wax, being cheaper, is widely used in panel boards & wood coatings, and has majority of the market share. Bees wax and carnauba wax are budding, eco-friendly and premium range products, largely used in wood coatings. Green and the environment-friendly chemical trends are driving the market growth for them.

Currently, Asia Pacific is the global leader in the wood wax market due to high industrialization and high construction development in developing countries such as China and India. Medium density fiberboard application segment is expected to maintain global dominance in application segments because of increased usage of wood wax in the panel boards. In addition, increasing government regulations towards clean environment and restrictions on the use of low VOC content products contribute to the increase of wood wax market at global level.

Sustainability remains a significant trend in the global wood wax market, with consumers seeking products made from renewable and eco-friendly ingredients. Manufacturers are responding by developing wood waxes with natural, biodegradable, and non-toxic components to meet the preferences of environmentally-conscious consumers.

Briwax International Ltd, Fiddes & Sons Limited, Liberon Limited, Stewart Superior Europe Ltd., Rust-Oleum Corporation, Osmo UK, Starwax Group, Auro Pflanzenchemie AG, BioShield Paint Company and Fakolith Chemical Systems are some competitors that are dominating the wood wax market

Therefore, the wood wax market remains relevant due to the ongoing demand for wood finishing products that offer both protection and aesthetic appeal. As consumers continue to appreciate the beauty of natural wood, wood wax provides a timeless and versatile option for finishing wooden surfaces.
  • The study of the global wood wax market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.
  • The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the key decision makers to make better business plans and informed decisions for the future.
  • In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.
1. EXECUTIVE SUMMARY

2. INDUSTRY OUTLOOK

2.1. Industry Overview
2.2. Industry Trends

3. MARKET SNAPSHOT

3.1. Market Definition
3.2. Market Outlook
  3.2.1. Porter Five Forces
3.3. Related Markets

4. MARKET CHARACTERISTICS

4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
  4.3.1. Drivers
  4.3.2. Restraints
  4.3.3. Opportunities
4.4. DRO - Impact Analysis

5. TYPE: MARKET SIZE & ANALYSIS

5.1. Overview
5.2. Paraffin wood wax
5.3. Bees wood wax
5.4. Carnauba wood wax

6. APPLICATION: MARKET SIZE & ANALYSIS

6.1. Overview
6.2. Medium Density Fiberboard
6.3. Particleboard
6.4. Wood Coating
6.5. Others (Oriented Strand Board, Lubrication, etc.,)

7. GEOGRAPHY: MARKET SIZE & ANALYSIS

7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. Rest of the World

8. COMPETITIVE LANDSCAPE

8.1. Competitor Comparison Analysis
8.2. Market Developments
  8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
  8.2.2. Product Launches and execution

9. VENDOR PROFILES

9.1. Briwax International Ltd
  9.1.1. Overview
  9.1.2. Financial Overview
  9.1.3. Product Offerings
  9.1.4. Developments
  9.1.5. Business Strategy
9.2. Fiddes & Sons Limited
  9.2.1. Overview
  9.2.2. Financial Overview
  9.2.3. Product Offerings
  9.2.4. Developments
  9.2.5. Business Strategy
9.3. Liberon Limited
  9.3.1. Overview
  9.3.2. Financial Overview
  9.3.3. Product Offerings
  9.3.4. Developments
  9.3.5. Business Strategy
9.4. Stewart Superior Europe Ltd.
  9.4.1. Overview
  9.4.2. Financial Overview
  9.4.3. Product Offerings
  9.4.4. Developments
  9.4.5. Business Strategy
9.5. Rust-Oleum Corporation
  9.5.1. Overview
  9.5.2. Financial Overview
  9.5.3. Product Offerings
  9.5.4. Developments
  9.5.5. Business Strategy
9.6. Osmo UK
  9.6.1. Overview
  9.6.2. Financial Overview
  9.6.3. Product Offerings
  9.6.4. Developments
  9.6.5. Business Strategy
9.7. Starwax Group
  9.7.1. Overview
  9.7.2. Financial Overview
  9.7.3. Product Offerings
  9.7.4. Developments
  9.7.5. Business Strategy
9.8. Auro Pflanzenchemie AG
  9.8.1. Overview
  9.8.2. Financial Overview
  9.8.3. Product Offerings
  9.8.4. Developments
  9.8.5. Business Strategy
9.9. BioShield Paint Company
  9.9.1. Overview
  9.9.2. Financial Overview
  9.9.3. Product Offerings
  9.9.4. Developments
  9.9.5. Business Strategy
9.10. Fakolith Chemical Systems
  9.10.1. Overview
  9.10.2. Financial Overview
  9.10.3. Product Offerings
  9.10.4. Developments
  9.10.5. Business Strategy

10. ANALYST OPINION

11. ANNEXURE

11.1. Report Scope
11.2. Market Definitions
11.3. Research Methodology
  11.3.1. Data Collation and In-house Estimation
  11.3.2. Market Triangulation
  11.3.3. Forecasting
11.4. Report Assumptions
11.5. Declarations
11.6. Stakeholders
11.7. Abbreviations
Tables
TABLE 1. GLOBAL WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 2. GLOBAL WOOD WAX MARKET VALUE FOR PARAFFIN WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 3. GLOBAL WOOD WAX MARKET VALUE FOR BEES WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 4. GLOBAL WOOD WAX MARKET VALUE FOR CARNAUBA WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 5. GLOBAL WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 6. GLOBAL WOOD WAX MARKET VALUE FOR MEDIUM DENSITY FIBERBOARD, 2022-2028 (USD BILLION)
TABLE 7. GLOBAL WOOD WAX MARKET VALUE FOR PARTICLEBOARD, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 8. GLOBAL WOOD WAX MARKET VALUE FOR WOOD COATING, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 9. GLOBAL WOOD WAX MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 10. NORTH AMERICA WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 11. NORTH AMERICA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 12. NORTH AMERICA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 13. U.S WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 14. U.S WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 15. CANADA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 16. CANADA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 17. EUROPE WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 18. EUROPE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 19. EUROPE WOOD WAX MARKET VALUE, APPLICATION, 2022-2028 (USD BILLION)
TABLE 20. GERMANY WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 21. GERMANY WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 22. U.K WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 23. U.K WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 24. FRANCE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 25. FRANCE WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 26. ITALY WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 27. ITALY WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 28. SPAIN WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 29. SPAIN WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 30. ROE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 31. ROE WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 32. ASIA PACIFC WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 33. ASIA PACIFC WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 34. ASIA PACIFC WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 35. CHINA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 36. CHINA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 37. INDIA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 38. INDIA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 39. JAPAN WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 40. JAPAN WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 41. REST OF APAC WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 42. REST OF APAC WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 43. REST OF WORLD WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 44. REST OF WORLD WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 45. BRIWAX INTERNATIONAL LTD: FINANCIALS
TABLE 46. BRIWAX INTERNATIONAL LTD: PRODUCTS & SERVICES
TABLE 47. BRIWAX INTERNATIONAL LTD: RECENT DEVELOPMENTS
TABLE 48. FIDDES & SONS LIMITED: FINANCIALS
TABLE 49. FIDDES & SONS LIMITED: PRODUCTS & SERVICES
TABLE 50. FIDDES & SONS LIMITED: RECENT DEVELOPMENTS
TABLE 51. LIBERON LIMITED: FINANCIALS
TABLE 52. LIBERON LIMITED: PRODUCTS & SERVICES
TABLE 53. LIBERON LIMITED: RECENT DEVELOPMENTS
TABLE 54. STEWART SUPERIOR EUROPE LTD.: FINANCIALS
TABLE 55. STEWART SUPERIOR EUROPE LTD.: PRODUCTS & SERVICES
TABLE 56. STEWART SUPERIOR EUROPE LTD.: RECENT DEVELOPMENTS
TABLE 57. RUST-OLEUM CORPORATION: FINANCIALS
TABLE 58. RUST-OLEUM CORPORATION: PRODUCTS & SERVICES
TABLE 59. RUST-OLEUM CORPORATION: RECENT DEVELOPMENTS
TABLE 60. OSMO UK: FINANCIALS
TABLE 61. OSMO UK: PRODUCTS & SERVICES
TABLE 62. OSMO UK: RECENT DEVELOPMENTS
TABLE 63. STARWAX GROUP: FINANCIALS
TABLE 64. STARWAX GROUP: PRODUCTS & SERVICES
TABLE 65. STARWAX GROUP: RECENT DEVELOPMENTS
TABLE 66. AURO PFLANZENCHEMIE AG: FINANCIALS
TABLE 67. AURO PFLANZENCHEMIE AG: PRODUCTS & SERVICES
TABLE 68. AURO PFLANZENCHEMIE AG: RECENT DEVELOPMENTS
TABLE 69. BIOSHIELD PAINT COMPANY: FINANCIALS
TABLE 70. BIOSHIELD PAINT COMPANY: PRODUCTS & SERVICES
TABLE 71. BIOSHIELD PAINT COMPANY: RECENT DEVELOPMENTS
TABLE 72. FAKOLITH CHEMICAL SYSTEMS: FINANCIALS
TABLE 73. FAKOLITH CHEMICAL SYSTEMS: PRODUCTS & SERVICES
TABLE 74. FAKOLITH CHEMICAL SYSTEMS: RECENT DEVELOPMENTS
Charts
CHART. 1. GLOBAL WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 2. GLOBAL WOOD WAX MARKET VALUE FOR PARAFFIN WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 3. GLOBAL WOOD WAX MARKET VALUE FOR BEES WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 4. GLOBAL WOOD WAX MARKET VALUE FOR CARNAUBA WOOD WAX, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 5. GLOBAL WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 6. GLOBAL WOOD WAX MARKET VALUE FOR MEDIUM DENSITY FIBERBOARD, 2022-2028 (USD BILLION)
CHART. 7. GLOBAL WOOD WAX MARKET VALUE FOR PARTICLEBOARD, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 8. GLOBAL WOOD WAX MARKET VALUE FOR WOOD COATING, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 9. GLOBAL WOOD WAX MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 10. NORTH AMERICA WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 11. NORTH AMERICA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 12. NORTH AMERICA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 13. U.S WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 14. U.S WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 15. CANADA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 16. CANADA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 17. EUROPE WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 18. EUROPE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 19. EUROPE WOOD WAX MARKET VALUE, APPLICATION, 2022-2028 (USD BILLION)
CHART. 20. GERMANY WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 21. GERMANY WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 22. U.K WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 23. U.K WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 24. FRANCE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 25. FRANCE WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 26. ITALY WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 27. ITALY WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 28. SPAIN WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 29. SPAIN WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 30. ROE WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 31. ROE WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 32. ASIA PACIFC WOOD WAX MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 33. ASIA PACIFC WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 34. ASIA PACIFC WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 35. CHINA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 36. CHINA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 37. INDIA WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 38. INDIA WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 39. JAPAN WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 40. JAPAN WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 41. REST OF APAC WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 42. REST OF APAC WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
CHART. 43. REST OF WORLD WOOD WAX MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
CHART. 44. REST OF WORLD WOOD WAX MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)


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