Global Natural Waxes Market Worth $ 6.38 Billion by 2019

Date: 2016-09-19

Natural waxes are a class of organic chemical compounds that are malleable near ambient temperatures. They are also a type of lipid. Natural waxes includes living organisms and fossil origin on the base of classification, which represent 7% and 93% of global natural waxes market. 

Lving organisms waxes: Animal-based and Vegetable-based(Beeswax ,Carnauba wax) 
Fossil origin waxes: Carbon-based and oil-based(Montan wax and Paraffin wax)

Packaging area, candles and building materials are the main application of natural waxes product and Asia is the largest natural waxes market on production and consumption.

Global natural waxes market is projected to reach $ 6.38 Billion by 2019, with a GAGR of 2.6% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global natural waxes market are CNPC, Sinopec, EPChem, ExxonMobil, IGI, Shell, Sasolwax etc..


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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