This report provides exclusive insights into the COVID-19 impact on the Montan Wax Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Montan Wax Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Montan Wax Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the montan
wax market provides an in-depth analysis of segments and sub-segments in the
global as well as regional montan wax market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional montan
wax market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global montan
wax market. According to the report, the global montan wax market is projected
to grow at a CAGR of 4.2% over the forecast period of 2019-2025.
Montan wax is a mineral wax, obtained from coal and shale. They
are easily emulsifiable hard waxes. They can be processed in formulations for a
wide variety of dispersions depending on the individual requirements. The
special derivatives are used worldwide as multifunctional high-performance
additives in a wide variety of industries. The most important applications are
found in the plastics industry, the coating industry and in the cosmetics and
The growing use of the montan waxes for several industrial
applications drives the growth of the market. It is widely used in the daily
chemical industry, automotive industry, electrical industry, carbon paper
industry, machinery industry and many other industries using wax. The montan
wax is characterized by low electric conductivity and has a good insulating
property, it can be coated on the surface of the electric wires and cables.
Apart from that, it can also be used on the fixed porcelain insulator and the
binding wires, as well as the external layer of the mated compensating wires
coatings to improve its electric insulating property, prevent it from being
tacky and extending its service life. However, the increasing global shortage
of available raw materials is causing users to eliminate montan wax products
from their applications, which is most likely to hamper market growth.
Moreover, research and development on efficient and environmentally friendly
technologies for extracting Montan waxes are expected to create lucrative
growth opportunities for the market players.
Geographically, Europe holds the largest share in the global montan
wax market. Germany is the largest producer of the montan wax in the world. In
addition, the increasing use of montan wax for automotive applications
contributes to the growth of the Europe Montan wax market. North America holds
the second largest share in the global montan wax market. California is the
only U.S. montan wax producer. However, it only produces a small amount of montan
wax in comparison to Germany.
The report on the global montan wax market covers segments such as
type, function, and end-user. On the basis of type, the sub-markets include
crude montan wax, and bleached Montan wax. On the basis of function, the
sub-markets include coating agents, lubricants, emulsions, dispersants, and
other functions. On the basis of end-user, the sub-markets include automotive,
food & beverage, electrical, agriculture & forestry, and other
The report provides profiles of the companies in the market such
as Völpker Spezialprodukte GmbH, Clariant AG, ROMONTA GmbH, MÜNZING
Corporation, and Paramelt B.V.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of montan wax market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.