Global Carnauba Wax Market Register at a CAGR of 4.5 % by 2023, Brazil is having major share of the market in carnauba wax

November 28 06:25 2018

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The report on “Global Carnauba Wax Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.

Global Carnauba Wax Market Report:

Research Cosmos Analysts predicted, the global carnauba wax market is expected to reach from USD $ 10 billion by 2021 to USD $ 12.74 Billion by 2023 at registered CAGR of 4.5 % during the forecast period.

What are the growth driving factors and Restraints?

Increasing inclination of consumers towards naturally-derived products is driving the market for carnauba wax. As food & beverage industry is under continuous innovation, products such as carnauba wax that exhibit excellent emulsifying properties and binding capacity for oils, are gaining traction.

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Leading region in global Carnauba Wax Market?

Brazil is having major share of the market in carnauba wax. Asia pacific region is treated as prominent segment for growth due to investments and manufacturing hubs in various industries.

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Global Carnauba Wax Market Segmentation:

Global Carnauba Wax Market – By Application:

  • Automotive
  • Cosmetics
  • Food
  • Pharmaceutical

Global Carnauba Wax Market – By Product:

  • T1 type
  • T3 type
  • T4 type

Global Carnauba Wax Market – By Region:

  • China
  • Japan & Korea
  • India
  • Southeast Asia
  • Oceania

List of Key Players in global carnauba wax market:

  • Strahl & Pitsch, Inc.
  • Poth Hille & Co Ltd
  • Koster Keunen, LLC. and more

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