The Global Polyethylene Wax Lubricant Market was valued at USD 1135.41 Million in 2023 and is projected to reach USD 1355.74 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.00% during the forecast period (2023–2029). This sustained growth is being fueled by rising demand from the plastics processing industry, expansion in the transportation and construction sectors, and the increasing adoption of high-performance specialty lubricants that enhance manufacturing efficiency and product quality.

As industries worldwide seek to optimize production processes, improve material flow, and achieve superior surface finishes, the role of advanced polymer additives has become paramount. In this blog, we profile the Top 10 Companies in the Polyethylene Wax Lubricant Market—a diverse mix of global chemical giants and specialized manufacturers who are shaping the performance standards for industrial lubrication.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Licowax® PE and PP Waxes, Specialty Polymer Additives

BASF is a global leader in the chemical industry and a premier supplier of high-performance polyethylene waxes under its renowned Licowax® brand. These waxes serve as effective internal and external lubricants, mold release agents, and dispersing aids across a wide range of applications, from plastics compounding to masterbatches and coatings.

Innovation Focus:

• Development of high-purity, tailored molecular weight polyethylene waxes

• Focus on sustainable solutions and bio-based alternatives

• Extensive technical support and application development services

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Global Polyethylene Wax Lubricant Market – View in Detailed Research Report

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9️⃣ 2. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Licocare®, Licomont® Waxes, Additives for Plastics

Clariant is a leading specialty chemicals company with a strong portfolio of wax additives, including oxidized and non-oxidized polyethylene waxes. Their products are critical for improving processing characteristics, reducing friction, and enhancing the surface properties of plastics, paints, and inks.

Innovation Focus:

• Specialty waxes for challenging polymer processing conditions

• Eco-friendly additives supporting circular economy principles

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8️⃣ 3. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: A-C® Polyethylene Waxes, Performance Additives

Honeywell’s performance materials division is a key global producer of A-C® brand polyethylene and copolymer waxes. These products are widely used as lubricants, dispersants, and processing aids in the plastics, adhesive, and coating industries, known for their consistency and high performance.

Innovation Focus:

• Broad portfolio catering to diverse application requirements

• Focus on high-heat stability and compatibility with various polymers

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7️⃣ 4. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Hi-Wax® Polyethylene Waxes, Chemical Products

Mitsui Chemicals is a major Japanese chemical company and a significant player in the Asian polyethylene wax market. Their Hi-Wax® series offers a range of lubricants that improve the processability of PVC, polyolefins, and engineering plastics, particularly in the automotive and electronics sectors.

Innovation Focus:

• Advanced wax technologies for high-value applications

• Strong presence in the rapidly growing Asia-Pacific market

Download FREE Sample Report:
Global Polyethylene Wax Lubricant Market – View in Detailed Research Report

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6️⃣ 5. Baerlocher GmbH

Headquarters: Unterschleißheim, Germany
Key Offering: Polyethylene Waxes, PVC Stabilizers, Additives

Baerlocher is a leading global additive supplier, specializing in components for the plastics industry. Their polyethylene waxes are essential lubricants used predominantly in PVC processing, calcium carbonate dispersion, and as key ingredients in plastic masterbatches.

Innovation Focus:

• Specialized lubricant systems for rigid and flexible PVC

• Integrated solutions combining stabilizers and lubricants

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5️⃣ 6. Deurex AG

Headquarters: Raubling, Germany
Key Offering: Deurex Polyethylene Waxes, Custom Wax Compounds

Deurex is a specialty manufacturer focused exclusively on wax additives, with a strong reputation for high-quality polyethylene waxes. The company provides customized wax solutions for printing inks, coatings, plastics, and masterbatches, emphasizing technical expertise and product consistency.

Innovation Focus:

• Customized wax development for specific customer needs

• High-performance waxes for demanding technical applications

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4️⃣ 7. SCG Chemicals

Headquarters: Bangkok, Thailand
Key Offering: Polyethylene Waxes, Petrochemical Products

SCG Chemicals is a major petrochemical producer in Southeast Asia and a key supplier of polyethylene waxes to the regional market. Leveraging its integrated production facilities, SCG provides cost-effective lubricant solutions for the growing plastics processing industry in Asia.

Innovation Focus:

• Expansion of wax production capacity to meet regional demand

• Development of applications tailored to Asian manufacturing

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3️⃣ 8. IRPC Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Polyethylene Waxes, Refined Petroleum Products

IRPC is an integrated petrochemical and refining company in Thailand that produces a range of polyethylene waxes. These products serve as essential process aids and lubricants for the domestic and export markets, particularly in plastic compounding and masterbatch production.

Innovation Focus:

• Leveraging vertical integration for competitive production

• Focus on quality improvement and application development

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2️⃣ 9. Emery Oleochemicals

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Green Polymer Additives, Oleochemical-based Waxes

Emery Oleochemicals is a leading global producer of oleochemicals, offering sustainable alternatives to petroleum-based waxes. While focused on bio-based solutions, the company’s expertise in lubricity and dispersion makes it a significant player in the broader polymer additives market.

Innovation Focus:

• Development of bio-based and renewable lubricant solutions

• Sustainable additives for environmentally sensitive applications

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1️⃣ 10. BYK Additives & Instruments

Headquarters: Wesel, Germany
Key Offering: Specialty Additives, Polyethylene Wax Dispersions

BYK, part of the ALTANA Group, is a globally recognized supplier of specialty additives. The company offers advanced wax additives and dispersions that act as lubricants, anti-blocking agents, and scratch-resistant modifiers for coatings, plastics, and printing inks.

Innovation Focus:

• High-value additive solutions for surface modification

• Multifunctional additives that provide lubrication alongside other benefits

Get Full Report Here:
Global Polyethylene Wax Lubricant Market – View in Detailed Research Report

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🌍 Outlook: The Future of Polyethylene Wax Lubricants Is Smarter and More Sustainable

The polyethylene wax lubricant market is experiencing a significant evolution. While traditional petroleum-based waxes continue to dominate, the industry is increasingly investing in bio-based alternatives, multifunctional additives, and waxes tailored for high-performance applications.

📈 Key Trends Shaping the Market:

• Growing demand for sustainable and bio-based polyethylene waxes

• Increasing complexity of polymer processing requiring specialized lubricant systems

• Rapid market expansion in Asia-Pacific driven by industrial growth

• Development of multifunctional additives combining lubrication with other properties

Get Full Report Here:
Global Polyethylene Wax Lubricant Market – View in Detailed Research Report

The companies listed above are not only supplying essential industrial lubricants—they’re driving the innovation and efficiency that powers modern manufacturing.