When somebody says “wax”, what springs to mind? Candles? Beehives? Or depilatory cosmetic procedures? The single term “wax” hardly seems adequate to cover all the substances that fall under this definition and all the uses to which they can be put- from the naturally-occurring plant and animal waxes to the carefully synthesised organic compounds created […]
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Of all the many and varied uses people have found for waxes over the years, one of the most interesting but least known is their use in histology. Histology, the study of organic microanatomy, relies on the sectioning and staining of biological samples, which are then placed into slides so they can be viewed under […]
As we reach the start of a new calendar year, if not a business year, it is time to take stock of the state of the global wax industry. As far back as the beginning of 2016 troubled times were being predicted, as demand began to drastically outstrip supply.
Waxes may well be the unsung heroes of civilisation. These intriguing compounds, whether occurring in nature or synthesised, have lent themselves over the years to a huge range of uses, from sealing important documents to helping surfers pull off radical tricks and stunts. And one of the most vital things in life, medicine, has made […]
Few types of substances are as varied as wax. Waxes can be naturally occurring or manmade, created from petroleum or soy. Aside from the obvious use of wax in candles, wax can be and is used for anything from a biologist’s microscope slides (histology) to the water-repelling shine on a surfer’s board (surf wax). While […]
For thousands of years, man has made use of waxes, one of the most varied resources in the world in terms of origin, composition and usage. From simple beeswax to more complicated manufactured waxes, their properties are matched in variety only by their purposes.
These are exciting times for the wax industry. According to a study by Inkwood Research, the global industrial wax market looks likely to increase by almost fifty percent by 2024, growing from 2016’s $8008 million to $11,499.82 million, with new technologies playing an important role in stabilising the market and balancing prices. More than 69 […]
With the global wax industry proving to be as unpredictable and malleable as wax itself, it’s interesting to keep an eye on what it is that’s driving these changes. Supply is becoming increasingly limited in Europe and North America, in large part due to the closure of some Group I plants as well as the […]
The cosmetics industry is looking at massive growth in the next few years. In a world increasingly concerned with beauty and self-image, the global market for cosmetics is set to reach $429.8 billion by 2022, with a compound annual growth rate of 4.3 percent, according to Allied Market Research.
Like all businesses, the global wax industry is a slave to the laws of supply and demand, and new challenges in this area await the market in the coming years, according to Kline’s Global Wax Industry: Market Analysis And Opportunities report. While the industry itself currently remains healthy, with demand for wax achieving a compound […]