Rising demand for Montan wax among end-use industries to
drive growth of global Montan wax market through 2024
According to TechSci Research report, “Global Montan Wax Market By Type, By Function, By
Application, By End Use, By Region, Competition Forecast & Opportunities,
2024”, the global Montan wax market
is expected to grow at a steady rate during the forecast period on account of
its increasing demand in various end user industries such as paper, plastic,
among others. Montan wax is witnessing adoption in the different industries on
account of its lubrication properties, thermal stability, low cost and low
volatility. However,
presence of bio-wax and other waxes is likely to hamper the growth of market
during forecast period.
Browse market data Tables
and Figures spread through 110 Pages and an
in-depth TOC on
" Global Montan Wax
Market"
The global Montan wax market is segmented based on type,
function, application, end use and company. Based on application, the market
can be fragmented into Paper, Thermosets, Thermoplastics
and Others. The Paper segment is anticipated to dominate the market owing to
the use of montan wax as an absorbent in paper industry. Based on end use, the market can be segmented into
Food, Industrial, Cosmetics, Rubber, Plastics, Electricals, Wax Polishes,
Machinery, Agriculture & Textile and Others. The food segment dominates the
market since montan wax helps in maintaining the freshness
of the fruits.
Calwax
Corporation, ROMONTA GmbH, Clariant Corporation, Paramelt B.V., VÖLPKER
SPEZIALPRODUKTE GMBH, Yunan Shangcheng Biotechnology Co, Ltd., Yunphos
International Trading Co., Ltd., TER Chemicals Distribution Group, Strohmeyer
& Arpe Company, Inc., Hangzhou Union Biotechnology Co., Ltd., are some of the leading players operating in global Montan
wax market. The companies operating in the market are
using organic strategies such as product launches, mergers and collaborations
to boost their share.
Customers can also request for 10% free customization
on this report.
“Europe is expected to be
the largest market for Montan wax during the forecast period. The growth of the
region can be attributed to the presence of well-established manufacturers. Moreover,
Asia-Pacific is expected to register significant growth during the forecast
period, owing to the presence of montan wax ores in China, which is the major
producer and consumer of montan wax.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Montan Wax Market
By Type, By Function, By Application, By End Use, By Region, Competition
Forecast & Opportunities, 2024” has evaluated the future growth
potential of global Montan wax market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in global
Montan wax market.
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
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