logo
logo
Sign in

Carnauba Wax Market By Regional Revenue, Trend And Growth Forecast-2024

avatar
James Butler
Carnauba Wax Market By Regional Revenue, Trend And Growth Forecast-2024

The global Carnauba Wax Market is anticipated to grow at a significant CAGR in the forthcoming period. Commercially, carnauba wax is used for a wide range of applications in the food & beverage, cosmetics, and automotive sector. A few applications include chewing gums, candies, chocolate, confectionary sugar, polishing wax, and food coating. The wax offers advantages such as durability, insolubility and versatility. It could be used in combination with tints and dyes to enable an everlasting polish. The applied wax does not flake off with time, though it may appear dull.

The factors responsible for the growth of carnauba wax market include rise in adoption of eco-friendly products in the pharmaceutical industry and food & beverage industry. The food & beverage industry constantly witnesses innovation, which, in turn, is expected to contribute to the market growth during the forecast period.

By form, the carnauba wax industry segmentation includes powder, lumps, and flakes. Based on application, the carnauba wax market segmentation comprises polishes, additives, food coatings and release agents. By origin, the carnauba wax industry segmentation includes natural car wax and synthetic car wax. By type, the segmentation includes paste waxes, liquid waxes and spray waxes.

Download Free Sample Report @ https://www.millioninsights.com/industry-reports/carnauba-wax-market-size/request-sample

Geographical segmentation for carnauba wax market includes North America, South America, Europe, Asia-Pacific Excluding Japan, Middle East and Africa. North American and European markets are likely to gain a significant growth, as they are in the maturity stages. Rise in demand for automotive car waxes and automotive car care industry is likely to propel the market growth in the forecast period.

APEJ regions are likely to grow at a dominant position owing to increase in industrialization leading to development of application industries in the region. Rise in demand for food coating agents is likely to propel the market growth in the forecast period. The key players in the carnauba wax industry include Akrochem Corporation, Strahl & Pitsch Inc, Calwax, Koster Keunen LLC, Kahl GmbH & Co, and Frank B.Ross Co. Inc

Market Segment:

Product Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • Type1
  • Type 3
  • Type 4

Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • Cosmetics
  • Food
  • Automotive
  • Pharmaceutical
  • Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Middle East & Africa

Browse Full Research Report with TOC @ https://www.millioninsights.com/industry-reports/carnauba-wax-market-size

Table of Contents

Chapter 1 Methodology And Scope

                    1.1 Research Methodology

                    1.2 Research Scope & Assumptions

                    1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends & Scope

                    3.1 Market segmentation& scope

                    3.2 Carnauba Wax Value Chain Analysis

                       3.2.1 Profit margin analysis

                    3.3 Raw Material Trend

                       3.3.1 Crude carnauba wax

                    3.4 Market Dynamics

                       3.4.1 Market Driver Analysis

                             3.4.1.1 Growth of the confectionery industry

                             3.4.1.2 Increasing demand from Asia Pacific

                       3.4.2 Market Restraint Analysis

                             3.4.2.1 Threat of substitution

                                      3.4.2.1.1 Orange Shellac

                                      3.4.2.1.2 Beeswax

                                      3.4.2.1.3 Wood Rosin

                                      3.4.2.1.4 Candelilla Wax                                                                                                                                       

Continued…

Get in Touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: [email protected]

Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184

collect
0
avatar
James Butler
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more