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The industrial wax market is expected to reach USD 12.95 Billion by 2026, according to a new report by Reports and Data.
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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.
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, PetróleoBrasileiro S.A., and China Petroleum & Chemical Corporation. Segmentation: Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026) Candles Cosmetics & Personal Care Packaging Coatings & Polishes Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026) Fossil based Synthetic based Bio based Request a Sample for this report to better evaluate our wide-ranging investigation by clicking here:@https://www.reportsanddata.com/sample-enquiry-form/2096
Market Summary Regional Outlook for Industrial FiltersMarket 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) Any Query or Discount? Ask our Expert @https://www.reportsanddata.com/discount-enquiry-form/2096
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
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com
