LONDON--(BUSINESS WIRE)--The global beeswax market is poised to grow by USD 65.67 million during 2020-2024, progressing at a CAGR of more than 2% during the forecast period. Request free sample pages
Read the 126-page report with TOC on “Beeswax Market Analysis Report by Geography (APAC, Europe, MEA, North America, and South America), Product (conventional beeswax and organic beeswax), and the Segment Forecasts, 2020-2024”.
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The market is driven by the growing awareness about the benefits of beeswax. In addition, the increasing popularity of beeswax product kits is anticipated to boost the growth of the beeswax market.
Beeswax is increasingly being used in various applications. It exhibits the aroma of honey and can burn for a long period with slow, clean, smokeless, and bright flame. Hence, it is widely used in aromatherapy to eliminate pollutants. Beeswax is also used in various haircare and skincare products owing to its soothing and hydrating properties. It helps in repairing and controlling skin damage and promotes healthy hair growth by conditioning, nourishing, and softening the strands. The growing consumer awareness about the benefits of beeswax is encouraging vendors to offer a wide range of beeswax products for end-user specific applications. These factors are crucial in driving the growth of the global beeswax market.
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Major Five Beeswax Companies:
Akrochem Corp.
Akrochem Corp. operates the business through segments such as Waxes, Elastomers, Emulsions & Fluids, Flocks & Wood Flours, Plasticizers, Processing Aids, Resins & Tackifiers, Silicone Products, Rubber Chemicals, and Others. The company offers Beeswax in two grades, namely, Yellow Refined and White Refined.
Beeswax Co. LLC
Beeswax Co. LLC operates the business through segments such as Beeswax candles and Bulk beeswax. The company offers a wide range of beeswax products. Pure Beeswax is one of the key offerings of the company.
Frank B. Ross Co. Inc.
Frank B. Ross Co. Inc. operates the business through the Products segment. The company offers products such as Beeswax, Butter Products, Candelilla Wax, Carnauba Wax, Soy Wax, and others. The company also offers beeswax in the form of bars and granulates.
Kahl GmbH & Co. KG
Kahl GmbH & Co. KG operates the business through segments such as Products and Formulations. The company offers beeswax in various colors, including white and intense yellow.
Koster Keunen
Koster Keunen operates the business through segments such as Formularies and Research and Development. The company offers a wide range of beeswax products. Some of the key offerings of the company include Synthetic Beeswax K82P, Organic Beeswax, and PEG-8 Beeswax.
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Beeswax Product Outlook (Revenue, USD Million, 2020 - 2024)
- Conventional beeswax
- Organic beeswax
Beeswax Regional Outlook (Revenue, USD Million, 2020 - 2024)
- APAC
- Europe
- MEA
- North America
- South America
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Global Beeswax Market 2020-2024 | Evolving Opportunities with Akrochem Corp. and Beeswax Co. LLC | Technavio - Business Wire
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