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...
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...
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...
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 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,...
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...
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