Dental Orthodontic Wax Market to Bolster with Global Revenue of US$ 2 Bn by 2032 Owing to the Increasing Awareness About Oral Health Globally

The global dental orthodontic wax market is anticipated to augment at a robust CAGR of around 4.5% over the projection period from 2022 to 2032. The global market was expected to be worth around US$ 900 Mn in 2022. Overall sales in the dental orthodontic wax market are expected to increase by US$ 1,300 Mn by 2030, surpassing US$ 2 Bn by 2032. The growth of the market is attributed to the rising incidence of malocclusion and surging demand for cost-effective orthodontic treatments are set to propel the orthodontic wax market.

Dental orthodontic waxes are known for their low molecular weight esters of fatty acids that stem from natural or synthetic ingredients. Dental waxes comprise components that soften to a state of plastic at a remarkably low temperature such as waxes, resins, oils, and pigments.

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Orthodontic wax is often utilized with a combination of dental braces as it protects the lips, gums, and cheeks from any friction with the wires, clasp, and ridges of the braces. Further, surging awareness of dental illnesses as well as the usefulness of orthodontic wax will improve the growth in the market.

Key Takeaways

• Worldwide, dental illnesses and orthodontic problems among children and adults are predicted to surge in the future. The most common course of treatment for dental issues is the utilization of braces. This is likely to generate remunerative growth opportunities for the dental wax market.
• Increasing awareness of the masses concerning oral health, prevention of enamel damage and injuries to the gum, and protection of the check from the wiring of braces will boost the market.
• In addition to that, the low toxicity of orthodontic wax recommends its utilization in dental care, which helps in amplifying the growth of dental orthodontic wax over the coming decades. Furthermore, the rising prevalence of tooth decay, crooked teeth, and other dental issues are increasing the demand for dental implants, bolstering growth.
• Dental orthodontic wax is known for its hydrophobic nature which results in limiting the movement of the mouth, generating discomfort and a strong feeling of dryness in the mouth. This property of orthodontic wax might adversely affect its sales in the market.
• In addition, the difficulty in initiating the natural process of hardening, longer healing time, and changing prices of raw materials are some of the factors limiting the demand for orthodontic wax.
• Within developing nations, the cost of dental procedures in countries like Peru, India, Mexico, and the Philippines is lower than in developed countries. However, such treatments are still not accessible to a large section of the population due to low purchasing power. Back to these reasons, the dental orthodontic wax market is set to face certain challenges over the forecast period.

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Competitive Landscape

The leading players in the global orthodontic wax market are rapidly focusing on developing high-quality dental wax in order to increase their revenues and expand their consumer base. The orthodontic wax market is projected to be fragmented owing to the presence of various market players scattered all over the world.

More Insights into the Dental Orthodontic Wax Market

With a technologically advanced healthcare system and improved healthcare infrastructure all over the U.S. and Canada, sales of orthodontic wax in the North American market are expected to witness substantial growth between 2022 and 2032.

North America is anticipated to dominate the global dental orthodontic wax market share along with the market revenue throughout the forecast period from 2022 to 2032. The growth of the region is attributed to the advanced healthcare facilities, increasing advancements in technology, and the presence of key players in the region is anticipated to facilitate the growth in North American orthodontic dental wax.

Asia Pacific is yet another region, projected to create lucrative growth opportunities over the assessment period. Excluding Japan, the entire Asia Pacific region is projected to exhibit phenomenal growth in the dental orthodontic wax market, analyzed by Future Market Insights. In addition to that, the growth of the market is attributed to increasing awareness regarding oral health, rising demand for new and improved dental treatments, and growing investments in healthcare infrastructure.

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Key Segments Profiled in the Dental Orthodontic Wax Market Survey

By Pattern:

• Pattern Waxes
• Inlay Wax
• Resin Wax
• Casting Wax
• Base Plate Wax
• Impression Waxes
• Corrective Wax
• Biteplate Wax
• Soft Impression Wax
• Disclosing Wax
• Processing Waxes
• Boxing Wax
• Beading Wax
• Sticky Wax
• Utility Wax

By Source:

• Natural Dental Orthodontic Wax
• Synthetic Dental Orthodontic Wax

By End User:

• Hospitals
• Homecare Settings
• Dental Clinics

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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