Global Wax Market: Growing Demand for Synthetic Wax to Expand Market at a Cagr of 2.6% During 2014-2020.Pdf

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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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Press Release

Global Wax Market: Growing Demand for Synthetic Wax to Expand Market at

a CAGR of 2.6% during 2014-2020:TMR

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Wax Market

REPORT DESCRIPTION

Wax (Petroleum & Mineral Wax, Synthetic Wax, and Natural 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

A recent research report published by Transparency Market Research projects the global wax market to

expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “ Wax Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax

market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013

and at 4,539.9 kilo tons in terms of volume.

The report points out that the rising base of end-use industries such as adhesives, rubber, cosmetics,

packaging, candles, and wood and fire-logs is driving the global wax market. The growing demand from

the packaging and cosmetics industries is particularly contributing towards the growth of the market.

However, the closure of Group I base oil refineries will inhibit the growth of the global wax market during

the forecast horizon. The overall market has a huge opportunity to grow with the introduction of gas-toliquid (GTL) waxes.

Browse The Full Report at: http://www.transparencymarketresearch.com/wax-market.html

In terms of product types, the report segments the global wax market into petroleum and mineral wax,...