Press release
Refined Wax Market is Expected to Witness Market Growth at a Rate of 5.4%
The refined wax market is expected to witness market growth at a rate of 5.4% in the forecast period of 2021 to 2028.
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Market Overview:
Refined wax is known to be a hard substance that offers prevention towards corrosion. The substance is a mixture of esters, fatty acids and alcohols that is obtainable in several different forms. Refined wax has the ability of constraining resistance to moisture and oxidation. Refined wax is a non-toxic type of wax having broad applications in products produced by coatings, paints, adhesives, pharmaceuticals, cosmetics, skin care therapy, personal care and several other industries.
Some of the major players operating in the Refined Wax market are The International Group, Inc., Calumet Specialty Products Partners, L.P., Sage Oil LLC, Tannin Corporation, Exxon Mobil Corporation, The Lubrizol Corporation, American Refining Group, Inc., Ergon, Inc., Sonneborn LLC, Sudbury Boat Care Products, Health & Beauty Natural Oils Co., Inc., DEUREX AG, michelman, Inc., SQI Group, BASF SE, Clariant, Mitsui Chemicals, Inc., Lion Chemtech Co., Ltd., ceronas GmbH, ALTANA, SCG Chemicals Co., Ltd., Cangzhou Bee Source Wax Co., Ltd and Changge Huading Wax Industry Co., Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.among others.
Global Refined Wax Market Scope
The refined wax market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the refined wax market is segmented into natural wax, synthetic wax and specialty wax.
On the basis of application, the refined wax market is segmented into building materials, candles & hotmelts, chlorinated paraffins, adhesive and coating, cosmetics and pharmaceuticals, chewing gum, crayons, fire logs, food, plastic processing, printing inks & lacquers, polishes, road construction, textile industry, tire & rubber, packaging and others.
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