Future growth of Wax Emulsion Market with key players Honeywell International Inc, Aavid Thermalloy LLC, Vertiv Co, European Thermodynamics Ltd and Others.

The Global report titled Wax Emulsion Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 149 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

The Wax Emulsion Market is estimated to be worth US$ 1.6 Billion in 2019 and is expected to reach US$ 2.0 Billion by 2024, growing at a CAGR of 4.9% from 2019 to 2024.

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Top Key Players profiled in the Wax Emulsion Market:

  • BASF SE (Germany)
  • Nippon Seiro Co. (Japan)
  • Altana AG (Germany)
  • Sasol Ltd. (South Africa)
  • Exxon Mobil Corporation (US)
  • Michelman Inc. (US)
  • Repsol S.A. (Spain)
  • Lubrizol Corporation (US)
  • Hexion Inc. (US)
  • Wacker Chemie AG (Germany)
  • DANQUINSA GmbH (Germany)
  • H&R GROUP (Germany)

Paints & coatings, adhesives & sealants, cosmetics, and textiles, among others, were the different end-use industries of wax emulsions. Of these, paints & coatings were the largest end-users in 2018. Ease of use, environment-friendly, small particle size and physical stability are some crucial features of wax emulsion, which has led to its massive demand in paint & coating formulations. The growth of the global paints & coatings industry is expected to augment the demand for wax emulsions further during the forecast period.

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The carnauba wax emulsions are the costliest of the various types available in the market. This segment is anticipated to witness above-average growth during the forecast period, in terms of its value. Despite its high cost, carnauba wax is used extensively in various applications including cosmetics, medical, food packaging, and polishes, among others.

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