September 2019- In the European region, Volpker Special Products GmbH announced that VOELPKER would become an official distributor of wax products. The Partnership's purpose is to maximize revenue.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 1006
Published Date: Dec 01, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Expanding use in the cosmetics industry, cost-effective, environmentally friendly, and increasing demands in the automotive and aerospace industries are some of the major factors driving the market’s growth.
The market size of montan wax is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024 – 2036.
The major players in the market are CALWAX, VÖLPKER SPEZIALPRODUKTE GMBH, Clariant Ltd, Paramelt RMC B.V., Yunphos, Carmel Industries, LUMITOS AG, TIANSHI WAX, Poth Hille, MP Gokyo Food & Chemical Co., Ltd. And others.
The lubricant segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in European region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.