Industrial Wax Market size is forecast to reach $12 billion by 2025, after growing at a CAGR of 4.5% during 2020-2025. The primary factors driving market growth are growing industrial wax applications and increasing demand for candle application. Some of the other factors that drive global demand for industrial wax are rising population growth and increasing food and pharmaceutical consumption. Increased consumption of home decor items such as scented candles, automobile, electronics, cosmetics and personal care products due to increased disposable income is expected to generate a huge market for industrial wax. Report Coverage The report: “Industrial Wax Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Wax Industry. By Type: Fossil Based Waxes, Synthetic Based Wax, and Bio-Based Waxes. By Application: Candles, Packaging, Coatings & Polishes, Hot Melt Adhesives, Tires & Rubber, Cosmetics & Personal Care,...