Scope of the Study
Carnauba wax is extracted from the Copernicia Cerifera, native to Brazil. It is also called Brazil wax or palm wax which is characterized by colour. Additionally, the quality of carnauba wax is examined by the age of a leaf. Carnauba wax is used as an internal mould agent in fluorocarbons and a polish for hard rubber leaves. The end use industries prefer this wax due to its hardness and high melting temperature.
The market study is being classified, by Application (Coatings, Automotive, Polishes and industrial applications) and major geographies with country level break-up.
Foncepi (Brazil), Carnauba do Brasil (Brazil), Pontes (Netherlands), Brasil Ceras (Brazil), Koster Keunen (United States), PVP (Brazil), Cerasmel Relumay (Brazil), Grupo Biobras (Brazil), MEGH (Brazil) and Strahl & Pitsch (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are KahlWax (Germany) and Norevo (Germany).
In this market of carnauba wax, the emerging players are present who are looking to provide organic products owing to high demand which in turn will affect the market positively. Research Analyst at AMA predicts that Brazil Vendors will contribute to the maximum growth of Global Carnauba Wax market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Carnauba Wax market by Type, Application and Region.
On the basis of geography, the market of Carnauba Wax has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Usage in Pharmaceutical as well as Food and Beverage
- Organic property of carnauba wax is driving the market
- Inclination of Consumers towards the Organic Products.
- High Costs Associated with the Carnauba Wax
- Wide Range of Applications is leading to High Demand in the Market
- Demand of Organic Products for Food and Beverage
- Use of Carnauba Wax May Lead to Side Effects
- Lack of Awareness among the Consumers
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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