The Wax Market is expected to reach USD 9,719.4 Million by 2028, according to a new report by Reports and Data. Waxes are solid substances that melt and transform into a liquid state at slightly higher temperatures. Various types of waxes are available in the market, such as bio-based, fossil-based, and synthetic waxes. Wax displays excellent properties and thus, finds a broad range of applications in pharmaceutical, packaging, plastics, cosmetics, candles, and other sectors.
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