Global Rice Bran Wax Market Expected To Grow At A CAGR Of 4.5% From 2016 To 2020

Date: 2017-03-29

Rice bran wax is the vegetable wax extracted from the bran oil of rice (Oryza sativa). Rice bran wax is a hard, crystalline, high melting vegetable wax obtained from rice husks. It consists of very long chain saturated C46-C62 esters from C20-C36 fatty alcohols and C20-C26 fatty acids. Rice bran wax functions as a consistency component in sticks and emulsions (W/O- and O/W). Rice Bran Wax from Koster Keunen is winterized from Rice Bran Oil – not hydrogenated. It is mainly used in medicines, chemical and cosmetics.

According to the forecast, the global rice bran wax market is expected to grow at a CAGR of 4.5% during the forecast period from 2016 to 2020.

On the basis of applications, medicines and cosmetics are the largest market of rice bran wax, accounted for about 65% of the total market in 2015, and the market will continue to maintain during the forecast period.

In terms of geographies, North America is estimated to dominate the market, followed by Europe, Asia Pacific region is the fastest growing market of rice bran wax market.

Some of the key players of rice bran wax market include Strahl & Pitsch, Koster-wax, Frank B. Ross, STARLIGHT PRODUCTS, Poth Hille, Modinaturals, Huzhou Shuanglin Shengtao Vegetable Fat Factory, Likang Weiye, Shengtao Biotech, Qinghe Youzhi and others.
Global Rice Bran Wax Market Share Analysis, by Geography, 2015

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520


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