Palm Wax Market 2023 : Palm Wax or 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. Palm 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.

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Palm Wax estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028.

The USA market for Palm Wax is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The China market for Palm Wax is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The Europe market for Palm Wax is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.

The global key manufacturers of Palm Wax include Foncepi, Carnauba do Brasil, Pontes, Brasil Ceras, Rodolfo, Koster Keunen, PVP, Cerasmel Relumay and Grupo Biobras, etc. In 2021, the global top five players had a share approximately % in terms of revenue.

In terms of production side, this report researches the Palm Wax production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Palm Wax by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Top Key Players:

  • Foncepi
  • Carnauba do Brasil
  • Pontes
  • Brasil Ceras
  • Rodolfo
  • Koster Keunen
  • PVP
  • Cerasmel Relumay
  • Grupo Biobras
  • MEGH
  • Strahl & Pitsch
  • KahlWax
  • Norevo
  • Musim Mas
  • PT. Megasurya Mas

Palm Wax Market By Applications

  • Automotive
  • Cosmetics
  • Food
  • Pharmaceutical
  • Others

Palm Wax Market By Types

  • T-1
  • T-3
  • T-4

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