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Home>Global $1 Bn Wood Wax Market - Forecasts from 2017 to 2022 - Research and Markets

Global $1 Bn Wood Wax Market - Forecasts from 2017 to 2022 - Research and Markets

Global $1 Bn Wood Wax Market - Forecasts from 2017 to 2022 - Research and Markets

09/26/2017

Global $1 Bn Wood Wax Market - Forecasts from 2017 to 2022 - Research and Markets

The "Global Wood Wax Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

The global wood wax market is projected to grow at a CAGR of 6.23%, from a market size of US$ 799 million in 2017, to reach US$ 1,081 million in 2022.

Factors like growing purchasing power coupled with increasing middle-class income, especially in emerging countries, contribute to the wood wax market growth. Moreover, increasing construction and manufacturing activities owing to rapid industrialization and urbanization further augments the market growth.

In addition, growing demand for eco-friendly products owing to rising concern and awareness among people coupled with government environment-friendly regulation do propel the wood wax market growth. The untapped market in developing countries is expected to provide numerous opportunities in years ahead.

However, factors like low awareness about wood wax in underdeveloped countries and shrinking paraffin wood wax supply may restrain the market growth.

Key Topics Covered:

1. Introduction

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