Industrial Wax Market By Reports And Data
                     Industrial Wax 
Market To Reach 
USD 12.95 Billion 
By 2026
Market Summary
The growth of the market is governed by various factors such as growing demand from 
cosmetic industry
Market Size – USD 9.53 Billion in 2018, Market Growth - CAGR of 3%, Market Trends- 
progressive increase in demand for coating of commercial products
The industrial wax market is expected to reach USD 12.95 Billion by 2026, according to a 
new report by Reports and Data. Industrial waxes are solid substances that melt and 
transform into a liquid state at slightly higher temperatures. Various types of waxes are 
available in the market, such as bio-based, fossil-based, and synthetic waxes. Industrial 
wax display excellent properties and thus, find a broad range of applications in 
pharmaceutical, packaging, plastics, cosmetics, candles, and other sectors.
Market Summary
Further key findings from the report suggest
• The largest share is accounted by the Asia Pacific region with the share of 29.3% of the market 
in 2018 due to the generation and consumption of packaging products, candles, and coatings. 
Countries such as India, China, and Japan are among the principal markets for packaging, 
coatings & polishes, candle making, and tires & rubber. The growth led to accelerated 
industrialization, growing demand from various applications, and increasing government 
spending.
• The Industrial Wax Market is estimated to reach USD 12.95 Billion by 2026, at a CAGR of 3.8% 
during the forecast period.
• The online sales channel segment accounted for a larger share of 62.8% of the market in 2018.
• The synthetic based type is expected to witness the highest CAGR of 4.1% during the forecast 
period.
• The application in candles accounted for the largest share of 25.3% of the market in 2018.
Avail the inside scoop of the Sample report @ https://
www.reportsanddata.com/sample-enquiry-form/2096
Market Summary
The Key players in the Industrial Wax Market include The Blayson Group Ltd, HCI Wax, The PJSC Lukoil Oil Company, 
Exxon Mobil Corporation, The International Group, Inc., Numaligarh Refinery Limited., Sasol Limited, Royal Dutch 
Shell Plc, Petróleo Brasileiro S.A., and China Petroleum & Chemical Corporation.
Segmentation:
For the purpose of this study, Reports and Data have segmented the market on the basis of Application, Type, 
Sales Channel, and region:
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)
• Candles
• Cosmetics & Personal Care
• Packaging
• Coatings & Polishes
• Others
Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)
• Fossil based
• Synthetic based
• Bio based
Market Summary
Sales Channel Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)
• Offline
• Online
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
  
Buy Now: https://www.reportsanddata.com/checkout-form/2096
About 
US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, 
and consulting services. Our solutions purely focus on your purpose to 
locate, target and analyze consumer behavior shifts across demographics, 
across industries and help client’s make a smarter business decision. 
We offer market intelligence studies ensuring relevant and fact-based 
research across a multiple industries including Healthcare, Technology, 
Chemicals, Power, and Energy. We consistently update our research 
offerings to ensure our clients are aware about the latest trends existent in 
the market. Reports and Data has a strong base of experienced analysts 
from varied areas of expertise.
Contact US
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]