Industrial Wax Market

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Industrial Wax Market To Reach USD 12.95 Billion
By 2026
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Market Summary
Market Size USD 9.53 Billion in 2018, Market
Growth - CAGR of 3, Market Trends- progressive
increase in demand for coating of commercial
products The Industrial Wax Market is expected to
reach USD 12.95 Billion by 2026, according to a
new report by Reports and Data. Industrial waxes
are solid substances that melt and transform into
a liquid state at slightly higher temperatures.
Various types of waxes are available in the
market, such as bio-based, fossil-based, and
synthetic waxes. Industrial wax display excellent
properties and thus, find a broad range of
applications in pharmaceutical, packaging,
plastics, cosmetics, candles, and other sectors.

• Further key findings from the report suggest
• The Industrial Wax Market is estimated to reach
  USD 12.95 Billion by 2026, at a CAGR of 3.8
  during the forecast period.
• The application in candles accounted for the
  largest share of 25.3 of the market in 2018.
• The online sales channel segment accounted for a
  larger share of 62.8 of the market in 2018.
• The synthetic based type is expected to witness
  the highest CAGR of 4.1 during the forecast
  period.

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Market Summary
Key Players Blayson Group Ltd, HCI Wax, The PJSC
Lukoil Oil Company, Exxon Mobil Corporation, The
International Group, Inc., Numaligarh Refinery
Limited., Sasol Limited, Royal Dutch Shell Plc,
Petróleo Brasileiro S.A., and China Petroleum
Chemical Corporation.
Segmentation
Application Outlook (Volume, Kilo Tons and
Revenue, USD Billion 2016-2026) Candles Cosmetic
s Personal Care Packaging Coatings
Polishes Type Outlook (Volume, Kilo Tons and
Revenue, USD Billion 2016-2026) Fossil
based Synthetic based Bio based
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Market Summary
Regional Outlook for Industrial Filters Market
analyses the following geographies North
America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and
Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and
Africa (Saudi Arabia, UAE, Egypt, Nigeria, and
South Africa)
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Major highlights of the report

• An all-inclusive evaluation of the parent market
• The evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of the market value and volume in the
  past, present and forecast years
• Market share evaluation
• Study of niche industrial sectors
• Tactical approaches of the market leaders
• Lucrative strategies to help companies strengthen
  their position in the market

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