Wax Market to Experience Exponential Growth by 2023

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Opportunity Analysis and Industry Forecast,
2016-2023
Wax Market
Global Opportunity Analysis and Industry
Forecast, 2017-2023
No. of Pages 272 Publish March 2018
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Wax Market
Increase in usage of wax in packaging application
and rise in popularity of wax-based natural
cosmetic products boost the growth of the global
wax market. - Yash Doshi
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Wax Market Overview

• The Global Wax Market was valued at 9,322
  million in 2016, and is projected to reach
  11,780 million by 2023, registering a CAGR of
  3.4 from 2017 to 2023.
• Waxes are a combination of hydrophobic organic
  materials, which at a temperature of 20C change
  into solid state.
• Waxes begin to melt at temperature higher than
  40C up to 140C. The solubility and steadiness
  of waxes are dependent on temperature and
  chemical composition.
• Waxes are produced from ingredients such as
  honeybee, palm, soy, bayberries, rice bran oil,
  sunflower oil, sheep, whale, and petroleum.

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Wax Market Key Benefits

• The report provides an in-depth analysis of the
  current trends, drivers, and dynamics of the wax
  market to elucidate the prevailing opportunities
  and tap the investment pockets.
• It offers qualitative trends and quantitative
  analyses from 2016 to 2023 to assist stakeholders
  to understand the market scenario.
• In-depth analysis of the key segments
  demonstrates the market potential of the wax
  industry.
• Competitive intelligence of the industry
  highlights the business practices followed by key
  players across the region and prevailing market
  opportunities.
• Key market players and their strategies
  developments are profiled to understand the
  competitive outlook of the market.

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Wax Market Report Key Findings

• North America dominated the market both in terms
  of value and volume.
• Asia-Pacific is projected to register the highest
  growth rate from 2016 to 2023.
• The LAMEA market contributed one-fifth of the
  global market revenue in 2016.
• U.S. was the highest revenue contributor of the
  wax market globally in 2016.
• China is projected to register the highest growth
  rate from 2016 to 2023 in the Asia-Pacific wax
  market.

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Wax Market Infographics
 
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Wax Market By Application
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Wax Market By Geography
 

• North America, Europe, Asia-Pacific, LAMEA

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Key Players in Industry

• Dow Corning
• Akzo Nobel N.V.
• Evonik Industries
• Arch Chemicals
• BASF SE
• Hexion Inc.
• Honeywell International
• Lubrizol Corporation
• The Clorox Company
• Download Sample Copy of this Report Click Here

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