Dental Wax Market Registering A CAGR of ~ 5.2 % Expected by 2023
By Herald Keeper
The Worldwide Dental Wax Market report analyses the various factors- price analysis, supply chain analysis, porters five force analysis etc. The report provides strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Dental wax is a mixture of different type of waxes with synthetic additives, used in dentistry for casting, sizing and mapping of structures and jaw relations, laboratory work and as lubricants to relieve friction associated with braces and other dental implants.
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Dental wax is an opaque hydrophobic material, mostly produced from petroleum and vegetable sources, which softens on being pressed or heated. Self-setting dental waxes are used for the purpose of mapping dental structures during the manufacturing of dental caps and custom sized implants. Softer dental waxes are used to relieve discomfort caused by orthodontic implants such as braces, wires, etc. They also relieve from irritation caused by rubbing of the brace or tooth arch wire against the cheek. Synthetic materials such as silicon based waxes have however encroached on the natural sources. A variety of additives are added to modify their physical properties to make them suitable for their intended use. The important properties of dental waxes are their melting point, flow properties etc. Melting range, and flow improve the product characteristics which causes the market to rise due to increased demand.
Increasing use of dental fixtures and treatments, rising awareness of dental diseases, increasing penetration of dentistry in the healthcare setup of many countries, rising use of dental implants drive the growth of the market. Additionally, positive influence of media and fashion industry on rising dental aesthetics demand and increasing awareness adding fuel to the dental waxes market.
Various disadvantages, for instance, discomfort due to hydrophobic nature and reduction in mouth movements are likely to affect market negatively. Furthermore, dental wax extend the healing time due to their tissue softening effect and hinder the natural hardening tissue process, which, in turn, may hamper the demand for the dental wax over the review period.
The Global Dental Waxes Market is expected to reach US$ 1.2 billion by 2023, and the market is projected to grow at a CAGR of ~ 5.2 % during the forecast period 2017-2023.
Dental Wax Market Key Players:
Some of key players profiled in the report are Kerr Corporation, Pyrax Polymars, C.J. Robinson Company, Inc., Metrodent Ltd., DWS Systems , Bilkim Ltd. Co., Carmel Industries, Solstice T&I, Bracon Dental and others.
Dental Wax Market Regional Analysis:
The Americas accounts for the significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology and drugs in the US drives the global dental wax market. Also, the concentration of the major dental product manufacturers in the developed countries of this region is adding fuel to the market.
Europe is the second largest market in the globe due to a high disposable income and rising awareness about the dental treatment.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead the market due to unmet needs during the forecast period.
Gulf nations such as Saudi Arabia and the UAE drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
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Dental Wax Market information: by source (mineral, animal, plant, synthetic (polyethylene, hydrocarbon, others)), by applications (pattern wax (inlay wax, casting wax, base plate wax), processing wax (sticky wax, boxing wax, others), impression wax (corrective wax, bite plate wax), healing wax, others), and by end users (dentist clinics, academic and research centers, others) – Global forecast till 2023
The report for Global Dental Wax Markets of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
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