Global Carnauba Wax Market Growth 2023-2029
Carnauba wax is a vegetable wax obtained from the leaves of Brazilian palm tree (also called as Copernicia prunifera). It is an amorphous, complex mixture of several compounds, predominantly esters such as 24 aliphatic esters, alpha-hydroxy esters and cinnamic aliphatic diesters.
Carnauba wax has the highest melting point of all natural waxes and is the hardest commercial wax known to man. It is widely used in various fields such as automotive, cosmetics, food and pharmaceutical.
LPI (LP Information)' newest research report, the “Carnauba Wax Industry Forecast” looks at past sales and reviews total world Carnauba Wax sales in 2022, providing a comprehensive analysis by region and market sector of projected Carnauba Wax sales for 2023 through 2029. With Carnauba Wax sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carnauba Wax industry.
This Insight Report provides a comprehensive analysis of the global Carnauba Wax landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carnauba Wax portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carnauba Wax market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carnauba Wax and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carnauba Wax.
The global Carnauba Wax market size is projected to grow from US$ 119.5 million in 2022 to US$ 144 million in 2029; it is expected to grow at a CAGR of 144 from 2023 to 2029.
Large manufacturers such as Foncepi, Carnauba do Brasil, Pontes and Brasil Ceras, taking more than 44% of the global carnauba wax. Medium scale manufacturers include Rodolfo, Koster Keunen and PVP, taking about 22% of total production.
Europe, North America and Asia are the major consumption regions of carnauba wax. North America is the largest consumption region taking more than 34% of the global carnauba wax. Europe took about 26.99%, followed by Asia taking 25% percent. Japan is the largest consumer of Asia.
This report presents a comprehensive overview, market shares, and growth opportunities of Carnauba Wax market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Segmentation by application
This report also splits the market by region:
Middle East & Africa
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Carnauba do Brasil
Strahl & Pitsch
Key Questions Addressed in this Report
What is the 10-year outlook for the global Carnauba Wax market?
What factors are driving Carnauba Wax market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Carnauba Wax market opportunities vary by end market size?
How does Carnauba Wax break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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