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Prepared and Artificial Waxes

Global demand for prepared and artificial waxes is forecast to expand 7.0% p.a. between 2015 and 2019. Currently, prepared and artificial waxes of polyethylene glycol account for 11.4% of the global demand while other prepared and artificial waxes have a 88.6% market share.

China, Germany, India, Japan and the United States are considered the highest potential markets in the coming years. China, Germany, India, Japan and the United States represent the largest prepared and artificial wax markets while the strongest annual growth is forecast to occur in Trinidad and Tobago (14.9%), Ethiopia (13.1%), Bangladesh (12.9%), the United States (10.2%) and India (8.9%).

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