Norevo GmbH, Carmel Group, Kahl GmbH & CO. K.G., Koster Keunen, Multiceras S.A. de C.V., and Arjun Beeswax Industries, among others, are the major players in the Global Candelilla Wax Market.
The global candelilla wax market is expected to grow at a CAGR of 8% during the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by factors such as rising disposable incomes resulting in the growing demand for natural wax.
The boom in the natural cosmetics and grooming market is positively influencing the market growth of candelilla wax in the global market. This can be attributed to the rising health consciousness and uptrends of using natural plant-based products in cosmetics and personal health care products. Further, the growing trends surrounding veganism is another factor defining the growth of the market. Moreover, a rise in research activities to spur innovations in products made from candelilla wax in an economical way is another factor propelling the growth of the market.
The global market for candelilla wax is being led by the expansion strategies employed by leading market players such as Koster Keunen. The company offers products like Candelilla Wax and Synthetic Candelilla Wax. The Koster Keunen NF Candelilla Wax is a vegetable wax that contains natural hydrocarbons. The product complies with the NF monograph, thus making it suitable for food, pharmaceutical, and nutraceutical applications. The Koster Keunen Synthetic Candelilla Wax, on the other hand, is a vegetable wax that is a cost-effective alternative to natural candelilla wax.
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Norevo GmbH is an international supplier of natural raw materials and a producer of speciality ingredients for applications in the food and beverage, confectionery, pharma, cosmetics, and technological industries. Its products are in the fields of natural raw materials, honey, extracts, wax, and confectioneries, with product ranges including acacia gum, honey, bee products, agar-agar, agave syrup, and liquorice extract. Norevo GmbH has subsidiaries in Hungary, China, Hongkong, Argentina, and Mexico.
Carmel Group is a Middle Eastern provider of construction materials like washed sand, dune sand, sub-base, filling materials, and limestones, with a winding business in excavation and civil jobs in various projects. It also provides heavy equipment transportation on a contract basis all over Qatar. It operates in the field of Heavy Transport, Waste Management, Water Supply, Heavy Equipment or Construction Material.
Kahl GmbH & Co. KG is one of the leading companies specialising in natural wax, carnauba wax, and candelilla wax, among others. The company caters to a wide base of customers in the candle, cosmetic, pharmaceutical, food, and household sectors. The company offers emulsions, powder waxes, and cosmetic bases for the worldwide market. With a dedicated laboratory, the company engages in regular research and development projects to develop new products and provide their clients with extensive assistance in formulations, bespoke solutions, and technical support.
|Headquarters:||Connecticut, United States|
Koster Keunen is one of the leading companies dealing in natural waxes and wax technology. Its ingredient portfolio includes beeswax and natural waxes from around the globe, along with esters, thickeners, emulsifiers, and specialities designed to help formulators innovate and solve problems. Koster Keunen is the first company to produce certified 100% sustainably-sourced beeswax in the world.
|Headquarters:||Nuevo Leon, Mexico|
Multiclass is a Mexican company specialising in the design and formulation of speciality wax blends. In addition, the company deals in the production and distribution of natural, synthetic, and petroleum waxes related to products serving a vast range of consumer and industrial applications. The company has international distributors in the United States, Canada, Japan, Colombia, Costa Rica and Europe.
Arjun Beeswax Industries is one of the leading companies in the global candelilla wax market. The company is a well-known importer, manufacturer, supplier, and exporter of different kinds of industrial waxes like beeswax, carnauba wax, emulsifying wax, micro crystalline wax, and paraffin wax. Their products are produced through advanced processes with the help of premium technologies and are thus known for attributes such as precise composition, low viscosity, high melting point, insolubility in water and excellent hardness.
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