Montan Wax Market 2027 Trends and Future Prospects by Top Manufactures- Carmel Industries, Clariant Corporation, FIRST SOURCE WORLDWIDE and Mayur Dyes and Chemicals Corporation
The Insight Partners has published a new research report on Global Montan Wax Market sizes, upcoming industry trends and growth opportunity through 2019-2027. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers. The Montan Wax Industry Key Manufacturer, to describe, define and analyze the value, market share, trends, market demand, research, competition landscape, SWOT analysis and development plans in the coming years.
Montan wax is obtained from lignites, which contains pure wax, resin, and bitumen. Montan wax is brown-black solid characterized by non-toxic nature and high melting point. It has high chemical stability and can be easily dissolved in many kinds of organic solvent. Montan wax can also be easily saponification and emulsified. Due to its good physical and chemical properties, montan wax is used as a substitute for the expensive carnauba wax in various industries such as chemical, wax polish, carbon paper, electrical, machinery and many other industries using wax.
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The Key Players Profiled In The Market Include:
1. Carmel Industries
2. Clariant Corporation
3. FIRST SOURCE WORLDWIDE, LLC.
4. Frank B. Ross Co., Inc.
5. Mayur Dyes and Chemicals Corporation
6. MÜNZING Corporation
7. Poth Hille
8. ROMONTA GmbH
9. S. KATO and CO.
10. Völpker Special Products GmbH
The montan wax market has witnessed a significant growth owing to factors such as rising demand for montan wax for automotive coatings, furniture coatings, and fruit coating. Furthermore, montan wax is primarily used to polish various objects such as furniture, leather, floors, and cars, which further propel the montan wax market growth. Cheap cost as compared to other waxes such as carnauba wax and beeswax further strengthens the demand of montan wax. However, Availability of substitute products in the market is the key factors projected to hamper the montan wax market growth over the projected period.
The global montan wax market is segmented on the basis of function and end user industry. On the basis of function, the montan wax market is segmented into emulsifier, lubricants, thickening agents, release agents, coating agents, nucleating agents, dispersants, and others. The montan wax market on the basis of the end user industry is classified into cosmetics, pharmaceuticals, rubbers, plastics, electrical, wax polishes, leather & textile, and others.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
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The global study on Montan Wax Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
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