Stakeholders Buoyed by Growing Use of Montan Wax in Coating Agents

Posted by Deeksha on May 22nd, 2019

The new generation of montan wax offers a broad spectrum of applications on rigid and flexible substrates. It shields wood, leather, textile, stone, plastic and paper from corrosion, water, dirt and graffiti and leverages the extension of the lifetime of the product without affecting other performance attributes. These insights draw resemblance from the report titled, “Montan Wax Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2026,” which has been freshly added to Market Research Hub’s (MRH) growing repository. New uses of montan wax in crop protection and specialized paints and coatings are anticipated to propel the growth. Montan wax is known to have several properties akin to vegetable waxes, especially carnauba wax. Water repelling property, sharp melting point characteristics and hardness have made montan wax popular among stakeholders.

The use of montan wax as coating agents in furniture coatings, fruit coating and automotive coatings is prevalent. Accordingly, rising use of montan wax in coating agents is anticipated to augur well for the manufacturers. Meanwhile, with growing use of lubricants for engineering products, lubricants segment hold considerable share in the montan wax market. North America and Europe are the major production hub of montan wax, while Europe is buoyed by the soaring adoption of montan wax in Russia and Germany. Meanwhile, with the presence of montan wax ores and being the primary producer of consumer of montan wax, China has helped APAC grow at a steady pace during the forecast period.

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Montan Wax Market: Report Content

The report offers a robust assessment on the montan wax market which is propelled by quantitative and qualitative analysis. In addition, the report focuses on the situation in the market that have significant influence on the development of the Montan wax market, including drivers, trends, opportunities, restraints. The report also delineates segmentation of the market to provide a thorough analysis of the montan wax market.

The report incorporates executive summary followed by overview section which showcase a coherent assessment of the montan wax market. Moreover, the market overview section peruses on PESTLE analysis to provide a thorough analysis on the montan wax market. Furthermore, the overview section also delves into Porters’ Five Force analysis which historically help in assessing competitive landscape with respect to montan wax market.

The coherent assessment of competitive scenario of the montan wax market is propelled by assessment of Porters’ Five Force Analysis. Moreover, the Porters’ Five Force Analysis throws light on the feasible strategies of the major players who are active in the montan wax market. Meanwhile, the report also shed light on SWOT analysis, company profile, product portfolio, recent development and key differentiation.

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Montan Wax Market: Research Methodology

Primary sources and secondary sources have been applied to offer a judicious assessment on montan wax market. The secondary research incorporates trade journals, EC filing, resourceful database and Factiva. Furthermore, the report banks on primary research, including genuine assessment from experts, veracious and unbiased insights from seasoned analyst, surveys and telephonic interview. The report also peruses into absolute dollar opportunity analysis and Y-o-Y projections to provide a deep dive analysis of the market.