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Global Montan Wax Market is projected to exhibit a CAGR of -5.71% between 2017 and 2025

Author: QYResearch | Publish date: 2018-07-21 | Views: 61
New report published by QY Research which offers insights on the global Montan Wax market. Montan Wax is derived from lignite which is vegetable matter partly mineralized to a product related to bituminous coal. Its special characteristics make montan wax an important raw material for many branches of industry. According to QYR study, global revenue of Montan Wax was valued at 195.13 Million USD in 2017, and is forecast to reach 121.90 Million USD by the end of 2025, growing at a CAGR of -5.71% between 2017 to 2025.


Global Montan Wax Market: Market Driver and Restraint

Owing to government restrictions on mining lignite policy, production of Montan Wax Production continued to reduce in recent years.

Global Montan Wax Market: Forecast by Application

This segment includes Printing, Rubber & Plastics & Textile Industry, Cosmetic, Polishes, Electrical Appliance Industry, Leather Care and Others.

In the applications, the Polishes segment was estimated to account for the highest volume share of 20.18 % in 2017 and is expected to gain significant market share by the end of 2025.

Global Montan Wax Market: Forecast by Form

This segment includes Crude Montan Wax and Refined Montan Wax. On the basis of product type, the Crude Montan Wax segment is projected to account for the largest volume share during the forecast period; this segment was estimated to account for 73.11 % sales volume share in 2017.

Global Montan Wax Market: Forecast by Region

Global giant manufactures mainly distributed in Germany. They have unshakable status in this field. Germany takes the market share of 90.82% in 2017.

Global Montan Wax Market: Key Players

ROMONTA, Clariant, VOLPKER and Yunan Shangcheng Biotechnology, are the key vendors included in this report. 

Click to view the full report TOC, figure and tables


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