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Global Industrial Wax Market Analysis and Shares 2025: Sonneborn LLC, The International Group, Inc., Koster Keunen, Kerax Limited, Iberceras Specialties S.L.U., H & R South Africa (Pty) Ltd

02-22-2019 06:43 AM CET | Industry, Real Estate & Construction

Press release from: Industrial Wax Market

Global Industrial Wax Market Analysis and Shares 2025:

ResearchMoz include new market research report "Global Market Study on Industrial Wax: China Projected to Lead in Terms of Revenue During 2018 - 2026" to its huge collection of research reports.

This PMR study offers eight-year analysis and forecast for the global industrial wax market between 2018 and 2026. The study considers 2017 as the base year with industrial wax market values estimated for the year 2018 and forecast developed for the duration between 2018 and 2026. The Compound Average Growth Rate (CAGR) has been represented from 2018 to 2026.

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The study covers various perspectives of the industrial wax market, including dynamics, value chain, pricing analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with segment level projections in a comprehensive manner. As per the findings of the industrial wax study and perspectives of industry participants, the global industrial wax market is projected to grow at a CAGR of 4.5% between 2018 and 2026, in terms of value.

This Persistence Market Research report analyses the industrial wax market at a global and regional level through market segmentation on the basis of key parameters, such as type and application. The primary objective of the report is to offer key insights on the market updates, competition positioning, current trends, market potential, growth rate and other relevant information and statistics in a suitable manner to the readers or stakeholders in the industrial wax market.

Industrial waxes are solid materials that melt and convert into a liquid state at slightly higher temperatures. Numerous types of waxes are available in the market, such as fossil-based, bio-based and synthetic waxes. Industrial wax exhibit superior properties and thus, find a wide range of applications in packaging, pharmaceutical, plastics, rubber, cosmetics, candles, sealants & adhesives and other sectors.

The report is structured to allow the readers to develop a thorough understanding of the industrial wax market. The report begins with market definitions, which are followed by the market background, market dynamics and market analysis by key segments, regional analysis and competition landscape. Each section covers a qualitative and quantitative assessment of the industrial wax market on the basis of facts, historical developments and key opinions collected from the industry participants through dedicated interviews and trends in the market.

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For the industrial wax market data analysis, we have considered 2017 as the base year, with market numbers estimated for 2018 and a forecast made for 20182026. To calculate the market size, the report considers the weighted average price of industrial wax based on type such as Fossil based, Synthetic and Bio-based across key geographies on a country basis. The forecast assesses the total revenue (US$ Mn) and volume (KT) of the global industrial wax market. To deduce market value size, the cost of each type has been considered. In order to provide an accurate forecast, we have started by sizing up the current market, which forms the basis of how the global industrial wax market is expected to develop in the future. The critical market data, including the base number and segment splits, has been devised through in-depth secondary and primary research. This data is then triangulated on the basis of different verticals, considering both supply side and demand side drivers and other dynamics of the various regional markets along with the primary interviews of manufacturers and industry experts operating in the global industrial wax market. Moreover, the industrial wax market has been analyzed and validated with reference to the global as well as regional markets. The forecast presented in the report evaluates the actual type cost of industrial wax and the cost by types in the global industrial wax market over the forecast period.

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Some of the key manufacturers in the global industrial wax market are Sasol, The Blayson Group Ltd, Indian Oil Corporation Ltd, Calumet Specialty Products Partners, L.P., Sonneborn LLC, The International Group, Inc., Koster Keunen, Kerax Limited, Iberceras Specialties S.L.U., H & R South Africa (Pty) Ltd, Cirebelle Fine Chemicals (Pty) Limited, Matchem Specialty Waxes & Inspired Blends, The Darent Wax Company Ltd., Royal Dutch Shell plc., Asian Oil Company, CEPSA, BP South Africa (Pty) Ltd, Nippon Seiro Co., Ltd., MOL Group, HollyFrontier Refining & Marketing LLC, and HollyFrontier Refining & Marketing LLC., among others.

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Industrial Wax Market is expected to reach $15.12 billion by 2026
Industrial Wax Market is expected to reach $15.12 billion by 2026
According to Stratistics MRC, the Global Industrial Wax Market is accounted for $8.98 billion in 2017 and is expected to reach $15.12 billion by 2026 growing at a CAGR of 6.0% during the forecast period. Some of the key factors influencing the market growth include increasing demand for acceptance of synthetic waxes and high growth in emerging countries. However, the high price of synthetic and bio-based waxes are restraining the

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