Global Sugarcane Wax Market Research Report—Forecast till 2025
出 版 商：Market Research Future
出版日期：2020/07/01
頁 數：85頁
文件格式：PDF
價 格：
USD 4,450 (Single-User License)
USD 6,250 (Global-User License)
USD 6,250 (Global-User License)
Global Sugarcane Wax Market Research Report—Forecast till 2025
Market Overview
Global Sugarcane Wax Market was estimated to exhibit a CAGR of 3.87% to record USD 55.7 Million by 2025. Sugarcane wax is extracted from a sugar mill waste particularly from pharmaceuticals, vegetable and fruit processing, chocolate products, cosmetics, and polishing materials. The global sugarcane wax market is driven by the increasing requirement for sugarcane wax as a preservative in the processing of fruits and vegetables and increasing investments in R&D in the pharmaceutical industry.
The global sugarcane wax market is anticipated to exhibit a significant expansion during the review period due to the increasing demand for specialty and premium chocolate products along with high consumption of gum confectionaries and chocolate products in the emerging economies of Asia-Pacific. Additionally, rapid urbanization, increasing populace, changing tastes and preferences, and rising per capita expenditure are expected to expand the market growth in developing economies of the region. However, the Global Sugarcane Wax Market is characterized by the presence of a limited number of players. The major market players engaged in the manufacturing of sugarcane wax are expanding their production capacities and investing in research & development activities to acquire an advantage over their competitors.
Market Segmentation
The global Sugarcane Wax market has been categorized by application and region. By application segment, the global sugarcane wax market is divided into pharmaceuticals, food, textile & leather, cosmetics, and others. The pharmaceuticals segment is expected to lead the market with 36.6% Share with a market value of USD 15.7 million. Nevertheless, the cosmetics segment is expected to be a rapidly growing application owing to the rising R&D projects by manufacturers.
Regional Analysis
The region-specific analysis of the global sugarcane wax market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Europe is expected to exhibit the largest market held the largest share of over 35%, with a value of USD 15.2 million. The regional market is projected to register a CAGR of 2.8% during the forecast period. Germany and the UK exhibited the largest market of the sugarcane wax market in Europe. The market growth in Europe is expected to be driven by the presence of the well-established and advanced pharmaceutical sector, a rising old edge population, and a rise in the number of cardiovascular patients.
The sugarcane wax market in Asia-Pacific is expected to register the fastest growing market with the highest CAGR of 5.18% during the review period. The regional market growth is propelled by the rising disposable income, changing lifestyle, the growing use of dietary supplements, and the increasing popularity of organic and natural cosmetic & personal care products.
Key Players
The Prominent Players in the Global Sugarcane Wax Market are DEUREX AG (Germany), CERAX (South Africa), Origen chemicals (South Africa), Huzhou Shengtao Biotech LLC (China), and Godavari Biorefineries (India).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Market Overview
Global Sugarcane Wax Market was estimated to exhibit a CAGR of 3.87% to record USD 55.7 Million by 2025. Sugarcane wax is extracted from a sugar mill waste particularly from pharmaceuticals, vegetable and fruit processing, chocolate products, cosmetics, and polishing materials. The global sugarcane wax market is driven by the increasing requirement for sugarcane wax as a preservative in the processing of fruits and vegetables and increasing investments in R&D in the pharmaceutical industry.
The global sugarcane wax market is anticipated to exhibit a significant expansion during the review period due to the increasing demand for specialty and premium chocolate products along with high consumption of gum confectionaries and chocolate products in the emerging economies of Asia-Pacific. Additionally, rapid urbanization, increasing populace, changing tastes and preferences, and rising per capita expenditure are expected to expand the market growth in developing economies of the region. However, the Global Sugarcane Wax Market is characterized by the presence of a limited number of players. The major market players engaged in the manufacturing of sugarcane wax are expanding their production capacities and investing in research & development activities to acquire an advantage over their competitors.
Market Segmentation
The global Sugarcane Wax market has been categorized by application and region. By application segment, the global sugarcane wax market is divided into pharmaceuticals, food, textile & leather, cosmetics, and others. The pharmaceuticals segment is expected to lead the market with 36.6% Share with a market value of USD 15.7 million. Nevertheless, the cosmetics segment is expected to be a rapidly growing application owing to the rising R&D projects by manufacturers.
Regional Analysis
The region-specific analysis of the global sugarcane wax market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Europe is expected to exhibit the largest market held the largest share of over 35%, with a value of USD 15.2 million. The regional market is projected to register a CAGR of 2.8% during the forecast period. Germany and the UK exhibited the largest market of the sugarcane wax market in Europe. The market growth in Europe is expected to be driven by the presence of the well-established and advanced pharmaceutical sector, a rising old edge population, and a rise in the number of cardiovascular patients.
The sugarcane wax market in Asia-Pacific is expected to register the fastest growing market with the highest CAGR of 5.18% during the review period. The regional market growth is propelled by the rising disposable income, changing lifestyle, the growing use of dietary supplements, and the increasing popularity of organic and natural cosmetic & personal care products.
Key Players
The Prominent Players in the Global Sugarcane Wax Market are DEUREX AG (Germany), CERAX (South Africa), Origen chemicals (South Africa), Huzhou Shengtao Biotech LLC (China), and Godavari Biorefineries (India).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 13
1.1.1 GLOBAL SUGARCANE WAX MARKET, BY APPLICATION 13
1.1.2 GLOBAL SUGARCANE WAX MARKET, BY REGION 14
2 MARKET INTRODUCTION
2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 MARKET STRUCTURE 15
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 16
3.2 PRIMARY RESEARCH 17
3.3 SECONDARY RESEARCH 18
3.4 MARKET SIZE ESTIMATION 18
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 19
3.6 FORECAST MODEL 20
3.7 LIST OF ASSUMPTIONS 21
4 MARKET DYNAMICS
4.1 INTRODUCTION 22
4.2 DRIVERS 23
4.2.1 WIDESPREAD USE IN THE FOOD INDUSTRY 23
4.2.2 HIGH DEMAND IN THE PHARMACEUTICAL INDUSTRY 23
4.3 RESTRAINTS 24
4.3.1 LOW OUTPUT AND PROFIT MARGIN 24
4.4 OPPORTUNITIES 25
4.4.1 R&D ACTIVITIES AND THE EXPANSION OF SUGARCANE WAX PRODUCTION 25
4.4.2 GROWING DEMAND FOR ORGANIC COSMETICS IN DEVELOPING ECONOMIES 25
4.5 TRENDS 26
4.5.1 GROWING PREFERENCE FOR SUGARCANE WAX OVER CARNAUBA WAX 26
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS 27
5.1.1 RAW MATERIALS SUPPLIERS 27
5.1.2 SUGARCANE WAX MANUFACTURERS 28
5.1.3 DISTRIBUTION CHANNELS 28
5.1.4 APPLICATION 28
5.2 PORTER’S FIVE FORCES MODEL 29
5.2.1 THREAT OF NEW ENTRANTS 29
5.2.2 BARGAINING POWER OF SUPPLIERS 29
5.2.3 THREAT OF SUBSTITUTES 30
5.2.4 BARGAINING POWER OF BUYERS 30
5.2.5 RIVALRY 30
5.3 IMPACT OF COVID-19 ON GLOBAL SUGARCANE WAX MARKET 30
6 GLOBAL SUGARCANE WAX MARKET, BY APPLICATION
6.1 INTRODUCTION 32
6.2 PHARMACEUTICALS 34
6.3 FOOD 35
6.4 TEXTILE & LEATHER 36
6.5 COSMETICS 37
6.6 OTHER 38
7 GLOBAL SUGARCANE WAX MARKET, BY REGION
7.1 INTRODUCTION 39
7.2 NORTH AMERICA 41
7.2.1 US 42
7.2.2 CANADA 43
7.3 EUROPE 45
7.3.1 GERMANY 47
7.3.2 ITALY 48
7.3.3 UK 49
7.3.4 SPAIN 50
7.3.5 FRANCE 51
7.3.6 RUSSIA 52
7.3.7 REST OF EUROPE 53
7.4 ASIA-PACIFIC 54
7.4.1 CHINA 56
7.4.2 INDIA 57
7.4.3 JAPAN 58
7.4.4 ASEAN 59
7.4.5 REST OF ASIA-PACIFIC 60
7.5 LATIN AMERICA 61
7.5.1 BRAZIL 63
7.5.2 MEXICO 64
7.5.3 ARGENTINA 65
7.5.4 REST OF LATIN AMERICA 66
7.6 MIDDLE EAST & AFRICA 67
7.6.1 GCC 69
7.6.2 SOUTH AFRICA 70
7.6.3 TURKEY 71
7.6.4 REST OF MIDDLE EAST & AFRICA 72
8 COMPETITIVE LANDSCAPE
8.1 COMPETITIVE OVERVIEW 73
8.2 MARKET STRATEGY ANALYSIS 73
8.3 COMPETITIVE BENCHMARKING 74
9 COMPANY PROFILES
9.1 DEUREX AG 75
9.1.1 COMPANY OVERVIEW 75
9.1.2 FINANCIAL OVERVIEW 75
9.1.3 PRODUCTS OFFERED 75
9.1.4 KEY DEVELOPMENTS 76
9.1.5 SWOT ANALYSIS 76
9.1.6 KEY STRATEGIES 76
9.2 CERAX 77
9.2.1 COMPANY OVERVIEW 77
9.2.2 FINANCIAL OVERVIEW 77
9.2.3 PRODUCTS OFFERED 77
9.2.4 KEY DEVELOPMENTS 77
9.2.5 SWOT ANALYSIS 78
9.2.6 KEY STRATEGIES 78
9.3 ORIGEN CHEMICALS 79
9.3.1 COMPANY OVERVIEW 79
9.3.2 FINANCIAL OVERVIEW 79
9.3.3 PRODUCTS OFFERED 79
9.3.4 KEY DEVELOPMENTS 79
9.3.5 SWOT ANALYSIS 80
9.3.6 KEY STRATEGIES 80
9.4 HUZHOU SHENGTAO BIOTECH LLC 81
9.4.1 COMPANY OVERVIEW 81
9.4.2 FINANCIAL OVERVIEW 81
9.4.3 PRODUCTS OFFERED 81
9.4.4 KEY DEVELOPMENTS 81
9.4.5 SWOT ANALYSIS 82
9.4.6 KEY STRATEGIES 82
9.5 GODAVARI BIOREFINERIES 83
9.5.1 COMPANY OVERVIEW 83
9.5.2 FINANCIAL OVERVIEW 83
9.5.3 PRODUCTS OFFERED 84
9.5.4 KEY DEVELOPMENTS 84
9.5.5 SWOT ANALYSIS 84
9.5.6 KEY STRATEGIES 84
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 13
1.1.1 GLOBAL SUGARCANE WAX MARKET, BY APPLICATION 13
1.1.2 GLOBAL SUGARCANE WAX MARKET, BY REGION 14
2 MARKET INTRODUCTION
2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 MARKET STRUCTURE 15
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 16
3.2 PRIMARY RESEARCH 17
3.3 SECONDARY RESEARCH 18
3.4 MARKET SIZE ESTIMATION 18
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 19
3.6 FORECAST MODEL 20
3.7 LIST OF ASSUMPTIONS 21
4 MARKET DYNAMICS
4.1 INTRODUCTION 22
4.2 DRIVERS 23
4.2.1 WIDESPREAD USE IN THE FOOD INDUSTRY 23
4.2.2 HIGH DEMAND IN THE PHARMACEUTICAL INDUSTRY 23
4.3 RESTRAINTS 24
4.3.1 LOW OUTPUT AND PROFIT MARGIN 24
4.4 OPPORTUNITIES 25
4.4.1 R&D ACTIVITIES AND THE EXPANSION OF SUGARCANE WAX PRODUCTION 25
4.4.2 GROWING DEMAND FOR ORGANIC COSMETICS IN DEVELOPING ECONOMIES 25
4.5 TRENDS 26
4.5.1 GROWING PREFERENCE FOR SUGARCANE WAX OVER CARNAUBA WAX 26
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS 27
5.1.1 RAW MATERIALS SUPPLIERS 27
5.1.2 SUGARCANE WAX MANUFACTURERS 28
5.1.3 DISTRIBUTION CHANNELS 28
5.1.4 APPLICATION 28
5.2 PORTER’S FIVE FORCES MODEL 29
5.2.1 THREAT OF NEW ENTRANTS 29
5.2.2 BARGAINING POWER OF SUPPLIERS 29
5.2.3 THREAT OF SUBSTITUTES 30
5.2.4 BARGAINING POWER OF BUYERS 30
5.2.5 RIVALRY 30
5.3 IMPACT OF COVID-19 ON GLOBAL SUGARCANE WAX MARKET 30
6 GLOBAL SUGARCANE WAX MARKET, BY APPLICATION
6.1 INTRODUCTION 32
6.2 PHARMACEUTICALS 34
6.3 FOOD 35
6.4 TEXTILE & LEATHER 36
6.5 COSMETICS 37
6.6 OTHER 38
7 GLOBAL SUGARCANE WAX MARKET, BY REGION
7.1 INTRODUCTION 39
7.2 NORTH AMERICA 41
7.2.1 US 42
7.2.2 CANADA 43
7.3 EUROPE 45
7.3.1 GERMANY 47
7.3.2 ITALY 48
7.3.3 UK 49
7.3.4 SPAIN 50
7.3.5 FRANCE 51
7.3.6 RUSSIA 52
7.3.7 REST OF EUROPE 53
7.4 ASIA-PACIFIC 54
7.4.1 CHINA 56
7.4.2 INDIA 57
7.4.3 JAPAN 58
7.4.4 ASEAN 59
7.4.5 REST OF ASIA-PACIFIC 60
7.5 LATIN AMERICA 61
7.5.1 BRAZIL 63
7.5.2 MEXICO 64
7.5.3 ARGENTINA 65
7.5.4 REST OF LATIN AMERICA 66
7.6 MIDDLE EAST & AFRICA 67
7.6.1 GCC 69
7.6.2 SOUTH AFRICA 70
7.6.3 TURKEY 71
7.6.4 REST OF MIDDLE EAST & AFRICA 72
8 COMPETITIVE LANDSCAPE
8.1 COMPETITIVE OVERVIEW 73
8.2 MARKET STRATEGY ANALYSIS 73
8.3 COMPETITIVE BENCHMARKING 74
9 COMPANY PROFILES
9.1 DEUREX AG 75
9.1.1 COMPANY OVERVIEW 75
9.1.2 FINANCIAL OVERVIEW 75
9.1.3 PRODUCTS OFFERED 75
9.1.4 KEY DEVELOPMENTS 76
9.1.5 SWOT ANALYSIS 76
9.1.6 KEY STRATEGIES 76
9.2 CERAX 77
9.2.1 COMPANY OVERVIEW 77
9.2.2 FINANCIAL OVERVIEW 77
9.2.3 PRODUCTS OFFERED 77
9.2.4 KEY DEVELOPMENTS 77
9.2.5 SWOT ANALYSIS 78
9.2.6 KEY STRATEGIES 78
9.3 ORIGEN CHEMICALS 79
9.3.1 COMPANY OVERVIEW 79
9.3.2 FINANCIAL OVERVIEW 79
9.3.3 PRODUCTS OFFERED 79
9.3.4 KEY DEVELOPMENTS 79
9.3.5 SWOT ANALYSIS 80
9.3.6 KEY STRATEGIES 80
9.4 HUZHOU SHENGTAO BIOTECH LLC 81
9.4.1 COMPANY OVERVIEW 81
9.4.2 FINANCIAL OVERVIEW 81
9.4.3 PRODUCTS OFFERED 81
9.4.4 KEY DEVELOPMENTS 81
9.4.5 SWOT ANALYSIS 82
9.4.6 KEY STRATEGIES 82
9.5 GODAVARI BIOREFINERIES 83
9.5.1 COMPANY OVERVIEW 83
9.5.2 FINANCIAL OVERVIEW 83
9.5.3 PRODUCTS OFFERED 84
9.5.4 KEY DEVELOPMENTS 84
9.5.5 SWOT ANALYSIS 84
9.5.6 KEY STRATEGIES 84
