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Carnauba Wax Market Growth 2019-2024

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Vaibhav M

Carnauba wax is a vegetable wax obtained from the leaves of Brazilian palm tree (also called as Copernicia prunifera). It is an amorphous, complex mixture of several compounds, predominantly esters such as 24 aliphatic esters, alpha-hydroxy esters and cinnamic aliphatic diesters.

 

Carnauba wax has the highest melting point of all natural waxes and is the hardest commercial wax known to man. It is widely used in various fields such as automotive, cosmetics, food and pharmaceutical.

Europe, North America and Asia are the major consumption regions of carnauba wax. Europe carnauba wax consumption increased from 4834 MT in 2012 to 5494 MT in 2016, while North America carnauba wax consumption increased from 6731 MT in 2012 to 7083 MT in 2016. North America is the largest consumption region taking more than 34% of the global carnauba wax. Europe took about 26.99%, followed by Asia taking 25.46% percent. Japan is the largest consumer of Asia.

according to this study, over the next five years the carnauba wax market will register a xx% cagr in terms of revenue, the global market size will reach us$ 120 million by 2024, from us$ 120 million in 2019.

In particular, Carnauba Wax Market  report presents the global market share (sales and revenue) of key companies in Carnauba Wax business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Carnauba Wax market by product type, application, key manufacturers and key regions and countries.

 

This study considers the Carnauba Wax value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • T1
  • T3
  • T4

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Automotive
  • Cosmetics
  • Food
  • Pharmaceutical
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

 

The key manufacturers covered in Carnauba Wax Market report: Breakdown data in in Chapter 3.

  • Foncepi
  • Carnauba do Brasil
  • Pontes
  • Brasil Ceras
  • Rodolfo
  • Koster Keunen
  • PVP
  • Cerasmel Relumay
  • Grupo Biobras
  • MEGH
  • Strahl & Pitsch
  • KahlWax
  • Norevo

In addition, Carnauba Wax Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Carnauba Wax consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Carnauba Wax market by identifying its various subsegments.
  • Focuses on the key global Carnauba Wax manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Carnauba Wax with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Carnauba Wax submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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