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Global Candelilla Wax Market: By Form: Lumps, Slabs, Pastilles, Flakes, Spray Powder, Ground Powder, Others; By Application: Additive, Glazing Agent, Binder, Emulsifier; By End Use; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Candelilla Wax Market Outlook

The global candelilla wax market is expected to grow in the forecast period of 2020-2025 at a CAGR of 8%.

 

Growing Cosmetic and Personal Care Industries to Drive the Demand for Candelilla Wax

The steadily-expanding personal care and cosmetics industries are a major contributor to the growth of the candelilla wax industry. Its properties as a barrier agent to protect the plant from harsh, dry conditions have led to applications in the manufacture of cosmetics and skincare products such as moisturisers, lip balms, lotions, and others.

North America and Latin America are expected to be the leading regions in the candelilla wax industry in terms of the production and consumption of the product. This is due to the cheaply available raw materials and the increasing demand due to its numerous end-uses in various industries. North America and Europe are seeing a rise in demand for plant-based products due to the growing eco-consciousness and, thus, candelilla wax products are expected to capture the market for animal-based products such as beeswax.

 

Candelilla Wax: Industry Definition and Segmentation

Candelilla (scientifically known as Euphorbia antisyphilitica) is a flowering plant that is shrubby in appearance with erect stems that are in densely-packed clusters. It is found naturally in the United States and in Mexico. Candelilla wax is the wax derived from the coated stems of this plant. The product obtained is a yellowish-brown, brittle, aromatic substance, which may be opaque or translucent in appearance.

The major forms of candelilla wax are:

  • Lumps
  • Slabs
  • Pastilles
  • Flakes
  • Spray Powder
  • Ground Powder
  • Others

The market can be broadly categorised on the basis of its applications into:

  • Additive
  • Glazing Agent
  • Binder
  • Emulsifier
  • Others

The end uses of candelilla wax include:

The EMR report looks into the regional markets of candelilla wax like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Vegan Population to Boost the Demand for Candelilla Wax Products

Veganism is the practice of completely avoiding animal products. The rising vegan population, especially in the developed countries of the North American and European regions are expected to drive demand for plant-based products, including candelilla wax. As health-consciousness spreads globally, more and more consumers are opting for organic substitutions to the products they use on a daily basis. This is due to the improved health characteristics associated with naturally-sourced products, and is expected to lead to an increase in the production capacity for the candelilla wax industry on a global scale.

The recent surge in the pharmaceuticals and FMCG industry is expected to persist during the forecast period, which is predicted to drive the demand for candelilla wax due to its use as a glazing agent and binder in the pharmaceuticals sector, as well as in the manufacture of everyday products.

 

Key Industry Players in the Global Candelilla Wax Market

The report presents a detailed analysis of the following key players in the global candelilla wax, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Norevo GmbH
  • Carmel Group
  • Kahl GmbH & CO. K.G.
  • Koster Keunen
  • Multiceras S.A. de C.V.
  • Arjun Beeswax Industries 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Candelilla Wax Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Candelilla Wax Historical Market (2015-2019) 
    8.3    Global Candelilla Wax Market Forecast (2020-2025)
    8.4    Global Candelilla Wax Market by Form
        8.4.1    Lumps
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Slabs
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Pastilles
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
        8.4.4    Flakes
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2015-2019)
            8.4.4.3    Forecast Trend (2020-2025)
        8.4.5    Spray Powder
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2015-2019)
            8.4.5.3    Forecast Trend (2020-2025)
        8.4.6    Ground Powder
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2015-2019)
            8.4.6.3    Forecast Trend (2020-2025)
        8.4.7    Others
    8.5    Global Candelilla Wax Market by Application
        8.5.1    Additive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Glazing Agent
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Binder
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Emulsifier
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Others
    8.6    Global Candelilla Wax Market by End Use
        8.6.1    Cosmetics and Personal Care
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Food
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2015-2019)
            8.6.3.3    Forecast Trend (2020-2025)
        8.6.4    Textiles
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2015-2019)
            8.6.4.3    Forecast Trend (2020-2025)
        8.6.5    Others
    8.7    Global Candelilla Wax Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operation Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Norevo GmbH
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Carmel Group
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Kahl GmbH & CO. K.G.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Koster Keunen
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Multiceras S.A. de C.V. 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Arjun Beeswax Industries
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments
    
List of Figures and Tables

1.    Global Candelilla Wax Market: Key Industry Highlights, 2015 and 2025
2.    Global Candelilla Wax Historical Market: Breakup by Form (USD Billion), 2015-2019
3.    Global Candelilla Wax Market Forecast: Breakup by Form (USD Billion), 2020-2025
4.    Global Candelilla Wax Historical Market: Breakup by Application (USD Billion), 2015-2019
5.    Global Candelilla Wax Market Forecast: Breakup by Application (USD Billion), 2020-2025
6.    Global Candelilla Wax Historical Market: Breakup by End Use (USD Billion), 2015-2019
7.    Global Candelilla Wax Market Forecast: Breakup by End Use (USD Billion), 2020-2025
8.    Global Candelilla Wax Historical Market: Breakup by Region (USD Billion), 2015-2019
9.    Global Candelilla Wax Market Forecast: Breakup by Region (USD Billion), 2020-2025
10.    North America Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2015-2019
11.    North America Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2020-2025
12.    Europe Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2015-2019
13.    Europe Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2020-2025
14.    Asia Pacific Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2015-2019
15.    Asia Pacific Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2020-2025
16.    Latin America Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2015-2019
17.    Latin America Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2020-2025
18.    Middle East and Africa Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2015-2019
19.    Middle East and Africa Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2020-2025
20.    North America Historical Price Trends and Forecast 2015-2025
21.    Europe Historical Price Trends and Forecast 2015-2025
22.    Asia Pacific Historical Price Trends and Forecast 2015-2025
23.    Latin America Historical Price Trends and Forecast 2015-2025
24.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
25.    Global Candelilla Wax Market Structure

Key Questions Answered in the Report

In the forecast period of 2020-2025, the global candelilla wax market is expected to grow at a CAGR of 8%.

The major drivers of the industry, such as rising disposable incomes, steadily-expanding cosmetics and personal care industry, growing eco and health-consciousness, rapid urbanisation, and the rise in vegan population, are expected to aid the market growth.

The key industry trend in the market is the recent surge in the pharmaceuticals and FMCG industries.

The major regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

The major forms of candelilla wax are lumps, slabs, pastilles, flakes, spray powder, and ground powder, among others.

Candelilla wax finds its applications as an additive, glazing agent, binder, and emulsifier, among others.

The end-uses of the product are cosmetics and personal care, food, pharmaceuticals, textile, and others.

The key industry players of the market are Norevo GmbH, Carmel Group, Kahl GmbH & CO. K.G., Koster Keunen, Multiceras S.A. de C.V., and Arjun Beeswax Industries, among others.

Analyst Review

The global candelilla wax market is being driven by the growth in the cosmetics and personal care industry. Aided by the rising vegan population, the market is expected to witness a healthy growth in the forecast period of 2020-2025, growing at a CAGR of 8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its forms, the market can be segmented into lumps, slabs, pastilles, flakes, spray powder, ground powder, and others. On the basis of applications, the market is broken up as additives, glazing agents, binders, emulsifiers, and others. There are several end-uses for candelilla wax, such as in cosmetics and personal care, food, pharmaceuticals, textile, and others. The major regional markets for candelilla wax are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Norevo GmbH, Carmel Group, Kahl GmbH & CO. K.G., Koster Keunen, Multiceras S.A. de C.V., and Arjun Beeswax Industries, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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