Posted 3/21/2024, 10:30:00 AM
Montan Wax Market to Reach $335 Million by 2036 Driven by Food Sector Demand and Rising Asia Pacific Disposable Incomes
- Global montan wax market revenue to reach $335 million by 2036, growing at a 7% CAGR between 2024-2036
- Europe to account for the largest share (over 46%) of the global market
- Food segment to generate the largest revenue share among end-use industries
- Rising disposable incomes and population growth, especially in Asia Pacific, to drive market growth
- Key players include ROMONTA Holding GmbH, CALWAX, VÖLPKER, Clariant Ltd, and Paramelt RMC B.V. among others