insightSLICE recently published a market research report on Wax which is based on intensive research methodologies and studies examining market status post corona virus outbreak. Expansion of packaging industry, rising demand for candles across decorative & therapeutic applications, expanding cosmetic manufacturing industry, and growth of polymer processing industry globally are the major factors driving the growth of the global wax market. The demand for wax is increasing rapidly across the globe owing to increased demand for packaging, rubber processing, adhesives, building boards, cosmetics and toiletries and strong penetration in manufacturing of the same.
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Competitive Landscape
Some of the major players in the Wax market are BASF SE, BP PLC, China National Petroleum Corporation, Evonik Industries AG, Exxon Mobil Corporation, HollyFrontier Corp., Honeywell International Inc., International Group, Inc (IGI), Lukoil Company, Mitsui Chemicals, Nippon Seiro Co., Ltd., Petro-Canada Lubricants Inc., Petroleo Brasileiro S.A. (Petrobras), Petróleos de Venezuela, S.A. (PDVSA), Royal Dutch Shell plc, Sasol Wax, Sinopec Limited, and Total S.A.
Players in the Wax market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Wax market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Wax market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
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Why you should buy this report
The Wax Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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