Companies covered in the wax market are Sasol Limited (South Africa), Sinopec (China), Royal Dutch Shell PLC (Netherlands), Exxon Mobil Corporation (USA), The International Group Inc. (Canada), Petróleo Brasileiro S.A. (Brazil), The PJSC Lukoil Oil Company (Russia), PDVSA (Petróleos de Venezuela, S.A.) (Venezuela), Kerax Limited (UK), DEUREX AG (Germany), NIPPON SEIRO CO. LTD.
The global wax market is set to gain impetus from their increasing usage in a wide range of applications, such as plastic & rubber additives, candle manufacturing, cosmetics, adhesives, polishes, and coatings. Wax also provides protection to packaged goods from moisture. The report further mentions that the wax market was valued at USD 7,288.9 million in 2019 and is expected to reach USD 9,249.2 million by 2027, thereby exhibiting a CAGR of 3.1% during the forecast period.
This Report Addresses the Following Factors:
- Regions and segments that are expected to dominate or drive market growth.
- Elaborate information about the major sustainability strategies followed by key companies.
- Market drivers, barriers, and upcoming opportunities that will affect growth.
- In-depth analysis of the competitive landscape.
Information source:
https://www.fortunebusinessinsights.com/wax-market-102783
