The global Carnauba Wax market was valued at 122.21 Million USD in 2021 and will grow with a CAGR of 2.38% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Carnauba wax is a vegetable wax obtained from the leaves of Brazilian palm tree (also called as Copernicia prunifera). It is an amorphous, complex mixture of several compounds, predominantly esters such as 24 aliphatic esters, alpha-hydroxy esters and cinnamic aliphatic diesters.Carnauba wax has the highest melting point of all natural waxes and is the hardest commercial wax known to man. It is widely used in various fields such as automotive, cosmetics, food and pharmaceutical. Large manufacturers such as Foncepi, Carnauba do Brasil, Pontes and Brasil Ceras, taking more than 44% of the global carnauba wax. Medium scale manufacturers include Rodolfo, Koster Keunen and PVP, taking about 22% of total production. Europe, North America and Asia are the major consumption regions of carnauba wax. North America is the largest consumption region taking more than 34% of the global carnauba wax. Europe took about 26.99%, followed by Asia taking 25% percent. Japan is the largest consumer of Asia.

By Market Verdors:

Foncepi

Carnauba do Brasil

Pontes

Brasil Ceras

Rodolfo

Koster Keunen

PVP

Cerasmel Relumay

Grupo Biobras

MEGH

Strahl & Pitsch

KahlWax

Norevo

By Types:

T1

T3

T4

By Applications:

Automotive

Cosmetics

Food

Pharmaceutical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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