Carnauba Wax Market Growth Factors Analysis by 2027
Carnauba wax businesses in northeastern Brazilian states produce around 16,000 tons of carnauba wax every year – a significant percentage of this production is for exports. The carnauba wax market is consolidated by Brazilian wax industry players as Brazil is the largest producer and exporter of carnauba wax. According to the Ministry of Development, Industry and Foreign Trade (MDIC), the total value of carnauba wax exported by Brazil in 2016 was worth over US$ 99 million. In 2017, Brazil exported...
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