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Global Carnauba Wax Market 2017-2021

  • Published: Nov 2017
  • Pages: 93
  • SKU: IRTNTR15655
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This market research study identifies Brasil Ceras, Carnaúba do Brasil, FONCEPI, Frank B. Ross, and Pontes Indústria de Cera as the leading players in the global carnauba wax market. A comprehensive analysis of this market is also presented by application (cosmetics, confectionery products, automotive, pharmaceuticals, and others), by product type (type 3, type 1, and type 4), and by geography (the Americas, APAC, and EMEA).

Overview of the global carnauba wax market

According to Technavio’s research analysis on the global carnauba wax market, the increasing demand for confectionery products will be one of the major factors that will have a positive impact on this market’s growth in the coming years. A large number of confectionery manufacturers extensively use carnauba wax to produce various products such as compound-coated dragees, sugar-coated products, gums, jellies, toffees, fruit coatings, and chocolate-coated products. Since carnauba wax minimizes the risks of the formation of spot on the surface of products by stabilizing, glazing, whitening, and sealing these products, there is a growing utilization of carnauba wax in the manufacture of a wide range of pan-coated products. In the coming years, the consumption of carnauba wax as an anti-sticking agent in gums and jellies will also increase since they provide the right texture and eliminate the need for gelatin. Our market research analysts predict that this market will register a revenue of more than USD 300 million by 2021.

The carnauba wax market is growing in the Americas. Carnauba wax is used as a tablet-coating agent and glazing agent. The rising demand for pharmaceuticals and the increasing exports of carnauba wax will boost the consumption of carnauba wax in this region. Moreover, the increasing sales of confectionery products in the emerging countries such as Brazil, Argentina, and Mexico will also increase the demand for carnauba wax in this region.

Competitive landscape and key vendors

The major vendors in the carnauba wax market are focusing on increasing their market shares by extending their reach in many regions. The international vendors are increasingly focusing on differentiating their products based on factors such as features, price, and service and performance. This in turn, will enable the players in the carnauba wax industry to gain a competitive edge over their competitors.

Key vendors in this market are -

  • Brasil Ceras
  • Carnaúba do Brasil
  • FONCEPI
  • Frank B. Ross
  • Pontes Indústria de Cera

Other prominent vendors in the market include Akrochem, Arjun Beeswax, Cerasmel Relumay, Biobras Group, J. Allcock & Sons, Koster Keunen, MEGH Indústria e Comércio, Micro Powders, Natural Wax, NOREVO, Poth Hille, PVP Sociedade Anônima, ROGUIMO, Strahl & Pitsch, and The Darent Wax Company

Segmentation by application and analysis of the carnauba wax market

  • Cosmetics
  • Confectionery products
  • Automotive
  • Pharmaceuticals

The carnauba wax market is witnessing considerable growth in the cosmetics segment due to the improving consumer lifestyle, the increase in disposable income, and the changing beauty habits. Carnauba wax is extensively used in the formulation of cosmetic products since it offers thickness, smoothness, improved thermal stability, glossy finish, and anti-aging properties.

Segmentation by product type and analysis of the carnauba wax market

  • Type 3
  • Type 1
  • Type 4

The demand for type 3 carnauba wax is increasing for various applications because it exhibits superior hardness. Industries including the automotive, textile, and leather sectors highly rely on type 3 carnauba wax for polishing purposes. Furthermore, the utilization of type 3 carnauba wax in the formulation and preparation of creams, lipsticks, haircare products, and mascara, will also drive the market’s growth prospects in this segment.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global carnauba wax market?
  • What are the key market trends impacting the growth of the global carnauba wax market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global carnauba wax market?
  • What are the market opportunities and threats faced by the vendors in the global carnauba wax market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global carnauba wax market?

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Overview

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market size and forecast 2016-2021

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Cosmetics – Market size and forecast
  • Confectionery products – Market size and forecast
  • Automotive – Market size and forecast
  • Pharmaceuticals – Market size and forecast
  • Others – Market size and forecast
  • Market opportunity by application

PART 09: MARKET SEGMENTATION BY PRODUCT TYPE

  • Segmentation by product type
  • Comparison by product type
  • Type 3 – Market size and forecast
  • Type 1 – Market size and forecast
  • Type 4 – Market size and forecast 2016-2021
  • Market opportunity by product type

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast
  • APAC – Market size and forecast
  • EMEA – market size and forecast
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Rise in demand from automotive segment
  • Growing demand from pharmaceutical segment
  • Increase in consumer awareness about organic products

PART 14: VENDOR LANDSCAPE

  • Competitive landscape
  • Other prominent vendors

PART 15: VENDOR ANALYSIS

  • Vendor overview
  • Brasil Ceras
  • Carnaúba do Brasil
  • FONCEPI
  • Frank B. Ross
  • Pontes Indústria de Cera

PART 16: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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