Wax Additives Market Analysis Trends Report, 2023-2024 & 2029: Positive Shift Toward Customized Wax Additives, Expansion in Automotives, and Emerging Applications in Personal Care [Yahoo! ...
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
consumer disposable income, a growing global construction industry, rising demand of inks, varnishes and architectural coatings, an increased need for special effect waxes in candles and packaging for aesthetic appeal, and rising demand for improved wax formulations in products like lipsticks and skincare items. Dublin, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The "Wax Additives Market: Analysis By Material, By Type, By Application, By Region Size and Trends" report has been added to ResearchAndMarkets.com's offering. The global wax additives market value stood at US$1.64 billion in 2023, and is expected to reach US$2.18 billion by 2029. The market is expected to grow at a CAGR of 4.85% over the projected period of 2024-2029. The global wax additives market is fragmented, with large number of companies, ranging from established brands to smaller regional players and niche manufacturers catering to the industry demand. Rapid adoption of electric vehicles (EVs), ongoing development of
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