Carnauba Wax Market Expected to Achieve 4.2% CAGR from 2022 to 2032

TheĀ carnauba wax marketĀ is expected to escalate at a CAGR of 4.2%, from USD 290.0 million in 2022 to USD 435.8 million through 2032. Amid the COVID-19 crisis, the global market for carnauba wax is estimated at US$ 290.0 Million in 2022 to US$ 435.8 Million in 2032. Previously, the market grew at a faster rate …

Carnauba Wax Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

The wax is attained by beating the dried leaves of palm and then refining it. Carnauba wax is considered to be naturally occurring hardest wax. Due to its durability and high melting point, carnauba wax finds extensive use in various sectors such as cosmetics, automobiles, pharmaceuticals among others. Natural waxes are obtained through ecological process …