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Global Synthetic Wax Market Is Expected To Reach $14 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, the future of the global synthetic wax market looks promising with opportunities in the automotive, construction, plastic, paint & coating, textile, and paper & packaging markets. The global synthetic wax market is expected to reach an estimated $14 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are high adaption of synthetic polymer waxes in the automotive industry, growing demand for organic and eco-friendly product, and improvements in industrial processes by technology and their economical.
In this market, polyethylene wax, fischer-tropsch wax, and polypropylene wax are the major segments of synthetic wax market by type.
Lucintel forecasts that polyethylene wax will remain the largest segment over the forecast period because of its rising usage in plastics, coatings, and adhesives.
Browse in depth TOC of the Synthetic Wax Market
100 - Figures
150-Pages
Synthetic Wax Market is marked by presence of several big and small players. BASF, Blended Waxes, Clariant International, Dow Corning, Evonik Industries, ...
... Exxonmobil Fuels & Lubricants, Honeywell International, Koster Keunen, Lubrizol, and Micro Powders are the major suppliers in the synthetic wax market."
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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