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Transparency Market
Research
Wax Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020
Published Date
21-Jan-2015
114 Page Report
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Press Release
Global Wax Market : Growing Demand for Synthetic Wax to
Expand Market at a CAGR of 2.6% during 2014-2020 : TMR
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Wax Market
REPORT DESCRIPTION
Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
A recent research report published by Transparency Market Research projects the global wax market to
expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax
market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013 and at
4,539.9 kilo tons in terms of volume.
Browse the full Wax (Petroleum & Mineral Wax, Synthetic Wax, and Natural Wax) Market for Candles,
Packaging, Wood & Fire-logs, Rubber, Adhesive, Cosmetics and Other End-user Industries - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at :
http://www.transparencymarketresearch.com/wax-market.html
The report points out that the rising base of end-use industries such as adhesives, rubber, cosmetics,
packaging, candles, and wood and fire-logs is driving the global wax market. The growing demand from the
packaging and cosmetics industries is particularly contributing towards the growth of the market. However, the
closure of Group I base oil refineries will inhibit the growth of the global wax market during the forecast horizon.
The overall market has a huge opportunity to grow with the introduction of gas-to-liquid (GTL) waxes.
In terms of product types, the report segments the...
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