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Transparency Market
Research
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,...