Slack Wax Market Analysis and Forecast Report
Major driver of the slack wax market is rise in demand for paraffin wax in cosmetics industry, as majority of the slack wax produced is consumed for the production of paraffin wax. However, high refining cost of slack wax hampers the market growth. Advantages offered by slack waxes such as rust protector, turf protection, and others are expected to provide growth opportunities for the market.
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