The global paraffin wax emulsion market size was valued at USD 527.6 million in 2021. The market is projected to grow from USD 550.7 million in 2022 to USD 860.3 million by 2030, exhibiting a CAGR of 5.7% during the forecast period.
This information is provided by Fortune Business Insights, in its report, titled, “Paraffin Wax Emulsion Market, 2024-2032.”
Segments:
By Application:
- Coatings: Used in surface protection, paints, and coatings, providing water repellency and gloss enhancement.
- Adhesives & Sealants: Improves tack and bonding in adhesive formulations.
- Paper & Packaging: Provides moisture resistance and enhances durability in paper products and packaging materials.
- Textiles: Enhances fabric softness and adds water repellency.
- Polishes & Cleaners: Used in floor, furniture, and car polishes for shine and protection.
- Cosmetics & Personal Care: In skincare products like lotions, creams, and other formulations for moisturization.
- Other: Includes applications in construction materials, agriculture, and industrial processing.
By End-Use Industry:
- Paints & Coatings Industry: Major end-user, with significant use of paraffin wax emulsions in industrial and decorative coatings.
- Paper & Packaging Industry: For waterproofing and improving the aesthetic appeal of paper products and packaging materials.
- Textile Industry: As a textile finishing agent, paraffin wax emulsion adds softness and water resistance to fabrics.
- Adhesives & Sealants Industry: Used in industrial and commercial adhesives.
- Cosmetics & Personal Care Industry: Growing demand for paraffin wax emulsions in skincare products.
- Food Industry: Used in certain food coatings and packaging applications to ensure food preservation.
Report Coverage: