Surge in Demand for Paraffin Wax Drives Market Growth: Insights into Candle, Packaging, and Cosmetics Applications – FMIBlog
1 Articles
1 Articles
Surge in Demand for Paraffin Wax Drives Market Growth: Insights into Candle, Packaging, and Cosmetics Applications – FMIBlog
According to Future Market Insights (FMI), the worldwide demand for paraffin wax market is expected to reach USD 10509.6 million in 2024 and USD 18253.6 million by 2034. The market is projected to rise at a CAGR of 5.7% by 2034. The industry is experiencing dynamic changes due to increasing demand from various industries, such as packaging, healthcare, and cosmetics. Sustainability efforts and creative uses in the candle industry are pushing the…
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