Press release
Carnauba Wax Market worth USD 111 million by 2021 | Key Players are Pontes, Brasil Ceras, Rodolfo, Natural Wax, PVP, Cerasmel Relumay, Grupo Biobras, MEG, Strahl & Pitsch, KahlWax, Norevo
Carnauba Wax Market Size and Growth Rate:
The Global Carnauba Wax Market Size was expected to reach USD 111 Million by the year 2021.
Browse details of 118 number of pages research report developed on Carnauba Wax Market @
https://www.researchcosmos.com/reports/global-carnauba-wax-market-report-2017-industry-analysis-trends-and-market-overview/3989226
Carnauba Wax Market Drivers and Restraints:
The growing bias of consumers toward natural products is driving the carnauba wax market. Carnauba wax is hypoallergenic and easy to swallow. Therefore, it is widely used in the pharmaceutical industry for film coating. As the agri-food industry is constantly innovating, products such as carnauba wax, which have excellent emulsifying properties and an oil binding capacity, are gaining popularity. In addition, due to its high melting point and its gloss characteristics, it is becoming a natural additive option desired by the manufacturers of the cosmetic industry for the making of lip balm, lipstick, and masks, among others. Therefore, the broad-spectrum applications of carnauba wax accelerate the market growth. In addition, due to its properties of hardness and viscosity modification, it is widely used as polishing wax in the automotive industry.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-carnauba-wax-market-report-2017-industry-analysis-trends-and-market-overview/3989226
Geographic Insights of the Carnauba Wax Market :
Carnauba is commonly grown in countries like Brazil, Sri Lanka, as well as in countries of Africa and South America. The production of carnauba wax is dominated by Brazil and the importation of carnauba wax in the United States is the maximum in the entire world. The high consumption of carnauba wax in the United States is due to the food industry, followed by the pharmaceutical industry. The United States, Japan, the Netherlands, Germany and Italy are the main manufacturers of carnauba wax products.Consumption of carnauba wax is increasing more rapidly in Asian countries and is driving sales among the end user industries. Currently, the semiconductor and medical care industries massively use carnauba wax in Asia. It is expected that investments in new end-user manufacturing projects in Asian countries will drive the worldwide carnauba wax market during the planned period. Entry barriers for manufacturers in ASEAN countries are less important and it is expected that the production of carnauba wax at competitive prices will stimulate the worldwide market over the forecast period.
Key Players of the Carnauba Wax Market :
Pontes, Brasil Ceras, Rodolfo, Natural Wax, PVP, Cerasmel Relumay, Grupo Biobras, MEG, Strahl & Pitsch, KahlWax, Norevo
For any queries, inquire more@ https://www.researchcosmos.com/inquire/global-carnauba-wax-market-report-2017-industry-analysis-trends-and-market-overview/3989226
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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