Wax Market – Size, Share, Growth, Trends and Forecast, 2014 – 2020

Transparency Market
Research
Wax Market – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 – 2020Published Date
21-Jan-2015114 Page ReportBuy NowRequest SamplePress ReleaseWax Market Is Expected To Reach US$ 8.98 Bn In 2020 : TMRTransparency Market Research
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Wax Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Transparency Market Research has published a new report titled “Wax Market – Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 – 2020.” According to the report, the global wax market
was valued at US$ 8.21 Bn in 2013 and is anticipated to reach US$ 8.98 Bn by 2020, expanding at a CAGR of
2.6% between 2014 and 2020. In terms of volume, the global demand for wax stood at 4,539.9 kilo tons in
2013.
Browse the full 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 report at : http://www.transparencymarketresearch.com/wax-market.html
Rising base of end-user industries is estimated to drive the global wax market. End-user industries of wax
comprise candles, packaging, wood & fire-logs, rubber, adhesive, cosmetics, and others (including inks,
crayons, polishes, and laminates). Cosmetics, packaging, and candles are the fastest-growing end-user
industries in the global wax market. However, closure of Group I base oil refineries is projected to hamper
market growth. Gas-to-liquids technology is likely to offer high opportunities for market players in the next few
years.
Petroleum and mineral wax emerged as the largest product segment of the wax market in 2013. Synthetic wax
is expected to be the fastest…