According to a market report by Lucintel, the future of the global candelilla wax market looks promising with opportunities in the cosmetic, ink, waterproofing agent, paint, and adhesive markets. The global candelilla wax market is expected to grow with a CAGR of 6.8% from 2024 to 2031. The major drivers for this market are the rising demand in cosmetics, the growing use in food industry, and the increase in natural product preference.
A more
than 150-page report to understand trends, opportunity and forecast in global candelilla
wax market to 2031 by type (flakes, pellets, granular, and others), application
(cosmetics, ink, waterproofing agent, paint, adhesive, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, pellet is expected to witness the
highest growth over the forecast period.
Within the
application category, cosmetic is expected to witness the highest growth.
Download
sample by clicking on candelilla wax market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Norevo,
Arjun Beeswax Industries, Roger A. Reed, Hase Petroleum Wax, Spectrum Chemical,
Paramold Manufacturing, Crystal, Poth Hille, Koster Keunen, International
Group are the major suppliers in the candelilla wax market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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