Global Wax Market- Industry Analysis, Size, Share and Forecast 2014 – 2020

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Wax Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast, 2014 - 2020

Published Date

21-Jan-2015

114 Page Report

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Wax Market Is Expected To Reach US$ 8.98 Bn In 2020 : TMR

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Wax Market

REPORT DESCRIPTION

Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Transparency Market Research has published a new report titled “Wax Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global wax market

was valued at US$ 8.21 Bn in 2013 and is anticipated to reach US$ 8.98 Bn by 2020, expanding at a CAGR of

2.6% between 2014 and 2020. In terms of volume, the global demand for wax stood at 4,539.9 kilo tons in

2013.

Browse the full Wax Market for Candles, Packaging, Wood & Fire-logs, Rubber, Adhesive, Cosmetics

and Other End-user Industries - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,

2014 - 2020 report at : http://www.transparencymarketresearch.com/wax-market.html

Rising base of end-user industries is estimated to drive the global wax market. End-user industries of wax

comprise candles, packaging, wood & fire-logs, rubber, adhesive, cosmetics, and others (including inks,

crayons, polishes, and laminates). Cosmetics, packaging, and candles are the fastest-growing end-user

industries in the global wax market. However, closure of Group I base oil refineries is projected to hamper

market growth. Gas-to-liquids technology is likely to offer high opportunities for market players in the next few

years.

Petroleum and mineral wax emerged as the largest product segment of the wax market in 2013. Synthetic wax

is expected to be the fastest growing product type in the global wax market during...