Wax Market: Worldwide Industry Analysis and New Market Opportunities Explored

By | July 24, 2018

A Research Study Titled, “Wax Market By Product And Application – Global Industry Analysis And Forecast To 2023”, Published By Crystal Market Research

Competitive Insights:

The leading players in the market are Evonik Industries, Sasol NA Limited, Faseem International Group, Baker Hughes a GE company, Mitsui Chemicals and BASF. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Wax Market – Industry Highlights

The Wax Market was worth USD 8.52 billion in 2014 and is expected to reach approximately USD 11.76 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.65% during the forecast period. Expanding usage of paraffin form in rubber & plastic, candles, and personal care industry is foreseen to push the interest for the product over the figure time frame. Additionally, benefits such as scuff resistance, outstanding chemical and electrical resistance and excellent temperature performance are major drivers of the market. Advancements in paint and coating industry are foreseen to enlarge the business development over the figure time frame. Also, development of cosmetics, pharmaceuticals, printing inks and adhesives particularly in rising countries of Asia Pacific is foreseen to drive the market development.

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The Wax Market is segmented as follows-

By Product:

Synthetic Wax

Mineral wax

Natural Wax

By Application:


Cosmetics & Toiletries



Plastic & Rubber

Fire Logs

By Region

North America










Rest of Europe




South Korea


Southeast Asia

Rest of Asia-Pacific

South America




South Africa

Rest of South America

Middle East and Africa

Saudi Arabia




South Africa

Rest of MEA

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 Wax Market – By Region:

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America 
(U.S, Canada, Mexico)
(Germany, France, UK, Italy, Spain, Rest of Europe)
(Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World 
(Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Major TOC of Wax Market:

Part 1. Introduction
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Market Analysis by Regions
Part 5. Wax Market, By Application
Part 6. Wax Market, By Services
Part 7. Wax Market, By Product
Part 8. Wax Market, By Region
Part 9. Company Profiles
Part 10. Global Wax Market Competition, by Manufacturer
Part 11. Wax Market Forecast (2018-2023)


Reason to Purchase:

1) An extensive research study on the Global Wax Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Wax Market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.


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  About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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