The Bio-Wax market is expected to reach USD 9,719.4 Million by 2028, according to a new report by Reports and Data. Bio-Wax es 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. Bio-Wax displays excellent properties and thus, finds a broad range of applications in pharmaceutical, packaging, plastics, cosmetics, candles, and other sectors.
Enhanced demand from the personal care industry, cosmetics, and personal care industries are observing visible growth worldwide because of the rise in consumer interest for personal hygiene and beautification products. Bio-Wax is utilized in cosmetic and personal care product formulations to improve the thickness and texture of these products. Various types of wax are being used in several cosmetic products. With the rise in demand for personal care products, several companies are coming ahead to supply wax to provide for the needs of the personal care and cosmetics business.
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Enhanced demand from the personal care industry, cosmetics, and personal care industries are observing visible growth worldwide because of the rise in consumer interest for personal hygiene and beautification products. Bio-Wax is utilized in cosmetic and personal care product formulations to improve the thickness and texture of these products. Various types of Bio-Wax are being used in several cosmetic products. With the rise in demand for personal care products, several companies are coming ahead to supply Bio-Wax to provide for the needs of the personal care and cosmetics business.
Top Companies Profiled in the Bio-Wax Market Report:
The Blaydon Group Ltd, HCI Bio-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.
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2018-2028)
Candles
Cosmetics Personal Care
Packaging
Coatings Polishes
Others
Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2018-2028)
Fossil based
Synthetic based
Bio-based
Sales Channel Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2018-2028)
Offline
Online
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