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Grand View Research: Global Wax Market was $10.03 Billion in 2018

Rapidly growing personal care and cosmetics, inks and coatings sectors are expected to drive product demand.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In its report, “Wax Market Size, Share & Trends Analysis Report By Application (Candles, Packaging, Plastic & Rubber, Cosmetics & Toiletries, Fire Logs, Adhesives), By Product (Synthetic, Natural, Mineral), And Segment Forecasts, 2019 – 2025,” Grand View Research values the global wax market size at $10.03 billion in 2018 and is expected to grow at a CAGR of 3.7% from 2019 to 2025. Increasing demand for wax and its derivatives owing to their superior properties, such as good water re...

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