Press release
Global Ozokerite Wax Market Expected to Witness a Sustainable Growth over 2023
This report studies the Ozokerite Wax market, Ozokerite or ozocerite, archaically referred to as earthwax or earth wax, which can be used in: Polishes (Leather, Automobile), Cosmetics (Creams, Lipsticks, Pomades, and Lotions), Adhesives, and Printing Inks. This report focuses on the natural origin Ozokerite Wax. It doesn’t cover the products from blends of paraffin and microcrystalline waxes.
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Global Ozokerite Wax Market: Forecast by Type / Application / Region
In terms of volume, the global production for Ozokerite Wax stood at 46,250 MT in 2016. In the next five years, the global consumption volume of Ozokerite Wax will show downward tendency further, consumption volume is expected in 2022 will be 42,645 MT.
Strahl & Pitsch, Koster Keune and Poth Hille the top three production value share spots in the Ozokerite Wax market in 2016. Strahl & Pitsch dominated with 11.65% production value share, followed by Koster Keune with 9.39% share and Poth Hille with 6.97% share.
In terms of demand for Ozokerite wax by end-user industry, Cosmetics is the largest share of the global Ozokerite wax market in 2016, which accounted for 51.81% volume share. Polishes industry is another major industries driving demand for wax.
Over the next five years, LPI(LP Information) projects that Ozokerite Wax will register a -3.6% CAGR in terms of revenue, reach US$ 94 million by 2023, from US$ 110 million in 2017.
Global Ozokerite Wax Market: Key Players
Strahl & Pitsch
Koster Keune
Poth Hille
Nanyang Energy Chemical
Beijing LIKANGWEIYE
WAXOILS Pvt Ltd
ParaLight LLC
Frank B. Ross
M/S Bhakti Petrochem
Carmel
Shri Ram Sons Wax Private Limited
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Related Information:
United States Ozokerite Wax Market Research Report 2018
Europe Ozokerite Wax Market Research Report 2018
North America Ozokerite Wax Market Research Report 2018
Asia-Pacific Ozokerite Wax Market Research Report 2018
China Ozokerite Wax Market Research Report 2018
EMEA Ozokerite Wax Market Research Report 2018
Global Ozokerite Wax Market Research Report 2018
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