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The fossil-based waxes segment is the largest type of the industrial wax market.
April 22, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
MarketsandMarkets new report, “Industrial Wax Market by Type (Fossil based, Synthetic based, Bio based), Application (Candles, Packaging, Coatings & Polishes, Hot-melt Adhesives, Tires & Rubber, Cosmetics & Personal Care, Food), and Region – Global Forecast to 2026,” estimates the industrial wax market size at $9.8 billion in 2018. It is projected to reach $14.3 billion by 2026, at a CAGR of 4.8%. The increasing demand for industrial wax from applications, such as candles, ...
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