Sugarcane Wax Market by End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. The rising demand for sugarcane wax as a preservative in the processing of fruits and vegetables
3.4.1.2. Increasing cosmetics and personal care industry
3.4.2. Restraints
3.4.2.1. Presence of alternative wax
3.4.3. Opportunities
3.4.3.1. Increasing research and developments activities in pharmaceuticals
3.5. COVID-19 Impact Analysis on the market
3.6. Pricing Analysis
3.7. Value Chain Analysis
3.8. Patent Landscape
3.9. Regulatory Guidelines

CHAPTER 4: SUGARCANE WAX MARKET, BY END USE INDUSTRY
4.1 Overview
4.1.1 Market size and forecast
4.2. Pharmaceutical
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Food
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Cosmetics
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. Paper
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6. Textile and leather
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
4.7. Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market share analysis by country

CHAPTER 5: SUGARCANE WAX MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by End Use Industry
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Key market trends, growth factors and opportunities
5.2.3.1.2 Market size and forecast, by End Use Industry
5.2.3.2 Canada
5.2.3.2.1 Key market trends, growth factors and opportunities
5.2.3.2.2 Market size and forecast, by End Use Industry
5.2.3.3 Mexico
5.2.3.3.1 Key market trends, growth factors and opportunities
5.2.3.3.2 Market size and forecast, by End Use Industry
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by End Use Industry
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Key market trends, growth factors and opportunities
5.3.3.1.2 Market size and forecast, by End Use Industry
5.3.3.2 France
5.3.3.2.1 Key market trends, growth factors and opportunities
5.3.3.2.2 Market size and forecast, by End Use Industry
5.3.3.3 Italy
5.3.3.3.1 Key market trends, growth factors and opportunities
5.3.3.3.2 Market size and forecast, by End Use Industry
5.3.3.4 Spain
5.3.3.4.1 Key market trends, growth factors and opportunities
5.3.3.4.2 Market size and forecast, by End Use Industry
5.3.3.5 UK
5.3.3.5.1 Key market trends, growth factors and opportunities
5.3.3.5.2 Market size and forecast, by End Use Industry
5.3.3.6 Rest of Europe
5.3.3.6.1 Key market trends, growth factors and opportunities
5.3.3.6.2 Market size and forecast, by End Use Industry
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by End Use Industry
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Key market trends, growth factors and opportunities
5.4.3.1.2 Market size and forecast, by End Use Industry
5.4.3.2 India
5.4.3.2.1 Key market trends, growth factors and opportunities
5.4.3.2.2 Market size and forecast, by End Use Industry
5.4.3.3 Japan
5.4.3.3.1 Key market trends, growth factors and opportunities
5.4.3.3.2 Market size and forecast, by End Use Industry
5.4.3.4 South Korea
5.4.3.4.1 Key market trends, growth factors and opportunities
5.4.3.4.2 Market size and forecast, by End Use Industry
5.4.3.5 Australia
5.4.3.5.1 Key market trends, growth factors and opportunities
5.4.3.5.2 Market size and forecast, by End Use Industry
5.4.3.6 Rest of Asia-Pacific
5.4.3.6.1 Key market trends, growth factors and opportunities
5.4.3.6.2 Market size and forecast, by End Use Industry
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by End Use Industry
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Key market trends, growth factors and opportunities
5.5.3.1.2 Market size and forecast, by End Use Industry
5.5.3.2 Saudi Arabia
5.5.3.2.1 Key market trends, growth factors and opportunities
5.5.3.2.2 Market size and forecast, by End Use Industry
5.5.3.3 South Africa
5.5.3.3.1 Key market trends, growth factors and opportunities
5.5.3.3.2 Market size and forecast, by End Use Industry
5.5.3.4 Rest of LAMEA
5.5.3.4.1 Key market trends, growth factors and opportunities
5.5.3.4.2 Market size and forecast, by End Use Industry

CHAPTER 6: COMPETITIVE LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Top player positioning, 2021

CHAPTER 7: COMPANY PROFILES
7.1 HUZHOU SHENGTAO BIOTECH LLC
7.1.1 Company overview
7.1.2 Key Executives
7.1.3 Company snapshot
7.1.4 Operating business segments
7.1.5 Product portfolio
7.1.6 Business performance
7.1.7 Key strategic moves and developments
7.2 Cerax
7.2.1 Company overview
7.2.2 Key Executives
7.2.3 Company snapshot
7.2.4 Operating business segments
7.2.5 Product portfolio
7.2.6 Business performance
7.2.7 Key strategic moves and developments
7.3 EURIKAS
7.3.1 Company overview
7.3.2 Key Executives
7.3.3 Company snapshot
7.3.4 Operating business segments
7.3.5 Product portfolio
7.3.6 Business performance
7.3.7 Key strategic moves and developments
7.4 DEUREX AG
7.4.1 Company overview
7.4.2 Key Executives
7.4.3 Company snapshot
7.4.4 Operating business segments
7.4.5 Product portfolio
7.4.6 Business performance
7.4.7 Key strategic moves and developments
7.5 Origen Chemicals
7.5.1 Company overview
7.5.2 Key Executives
7.5.3 Company snapshot
7.5.4 Operating business segments
7.5.5 Product portfolio
7.5.6 Business performance
7.5.7 Key strategic moves and developments
7.6 Pharma Base S.A.
7.6.1 Company overview
7.6.2 Key Executives
7.6.3 Company snapshot
7.6.4 Operating business segments
7.6.5 Product portfolio
7.6.6 Business performance
7.6.7 Key strategic moves and developments
7.7 Azelis
7.7.1 Company overview
7.7.2 Key Executives
7.7.3 Company snapshot
7.7.4 Operating business segments
7.7.5 Product portfolio
7.7.6 Business performance
7.7.7 Key strategic moves and developments
7.8 Technochem Projects
7.8.1 Company overview
7.8.2 Key Executives
7.8.3 Company snapshot
7.8.4 Operating business segments
7.8.5 Product portfolio
7.8.6 Business performance
7.8.7 Key strategic moves and developments
7.9 GODAVARI BIOREFINERIES LTD.
7.9.1 Company overview
7.9.2 Key Executives
7.9.3 Company snapshot
7.9.4 Operating business segments
7.9.5 Product portfolio
7.9.6 Business performance
7.9.7 Key strategic moves and developments
7.10 Sinova Development Co., Ltd
7.10.1 Company overview
7.10.2 Key Executives
7.10.3 Company snapshot
7.10.4 Operating business segments
7.10.5 Product portfolio
7.10.6 Business performance
7.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 2. Global Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 3. Sugarcane Wax Market for Pharmaceutical, by Region, 2021-2031 (Revenue, $Million)
Table 4. Sugarcane Wax Market for Pharmaceutical, by Region, 2021-2031 (Volume, Kiloton)
Table 5. Sugarcane Wax Market for Food, by Region, 2021-2031 (Revenue, $Million)
Table 6. Sugarcane Wax Market for Food, by Region, 2021-2031 (Volume, Kiloton)
Table 7. Sugarcane Wax Market for Cosmetics, by Region, 2021-2031 (Revenue, $Million)
Table 8. Sugarcane Wax Market for Cosmetics, by Region, 2021-2031 (Volume, Kiloton)
Table 9. Sugarcane Wax Market for Paper, by Region, 2021-2031 (Revenue, $Million)
Table 10. Sugarcane Wax Market for Paper, by Region, 2021-2031 (Volume, Kiloton)
Table 11. Sugarcane Wax Market for Textile and Leather, by Region, 2021-2031 (Revenue, $Million)
Table 12. Sugarcane Wax Market for Textile and Leather, by Region, 2021-2031 (Volume, Kiloton)
Table 13. Sugarcane Wax Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 14. Sugarcane Wax Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 15. Sugarcane Wax Market, by Region, 2021-2031 (Revenue, $Million)
Table 16. Sugarcane Wax Market, by Region, 2021-2031 (Volume, Kiloton)
Table 17. North America Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 18. North America Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 19. North America Sugarcane Wax Market, by Country, 2021-2031 (Revenue, $Million)
Table 20. North America Sugarcane Wax Market, by Country, 2021-2031 (Volume, Kiloton)
Table 21. U.S. Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 22. U.S. Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 23. Canada Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 24. Canada Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 25. Mexico Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 26. Mexico Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 27. Europe Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 28. Europe Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 29. Europe Sugarcane Wax Market, by Country, 2021-2031 (Revenue, $Million)
Table 30. Europe Sugarcane Wax Market, by Country, 2021-2031 (Volume, Kiloton)
Table 31. Germany Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 32. Germany Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 33. France Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 34. France Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 35. Italy Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 36. Italy Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 37. Spain Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 38. Spain Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 39. UK Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 40. UK Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 41. Rest of Europe Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 42. Rest of Europe Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 43. Asia-Pacific Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 44. Asia-Pacific Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 45. Asia-Pacific Sugarcane Wax Market, by Country, 2021-2031 (Revenue, $Million)
Table 46. Asia-Pacific Sugarcane Wax Market, by Country, 2021-2031 (Volume, Kiloton)
Table 47. China Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 48. China Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 49. India Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 50. India Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 51. Japan Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 52. Japan Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 53. South Korea Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 54. South Korea Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 55. Australia Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 56. Australia Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 57. Rest of Asia-Pacific Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 58. Rest of Asia-Pacific Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 59. LAMEA Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 60. LAMEA Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 61. LAMEA Sugarcane Wax Market, by Country, 2021-2031 (Revenue, $Million)
Table 62. LAMEA Sugarcane Wax Market, by Country, 2021-2031 (Volume, Kiloton)
Table 63. Brazil Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 64. Brazil Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 65. Saudi Arabia Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 66. Saudi Arabia Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 67. South Africa Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 68. South Africa Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 69. Rest of LAMEA Sugarcane Wax Market, by End Use Industry, 2021-2031 (Revenue, $Million)
Table 70. Rest of LAMEA Sugarcane Wax Market, by End Use Industry, 2021-2031 (Volume, Kiloton)
Table 71. Huzhou Shengtao Biotech LLC: Key Executives
Table 72. Huzhou Shengtao Biotech LLC: Company Snapshot
Table 73. Huzhou Shengtao Biotech LLC: Operating Segments
Table 74. Huzhou Shengtao Biotech LLC: Product Portfolio
Table 75. Huzhou Shengtao Biotech LLC: Net Sales
Table 76. Huzhou Shengtao Biotech LLC: Key Stratergies
Table 77. Cerax: Key Executives
Table 78. Cerax: Company Snapshot
Table 79. Cerax: Operating Segments
Table 80. Cerax: Product Portfolio
Table 81. Cerax: Net Sales
Table 82. Cerax: Key Stratergies
Table 83. Eurikas: Key Executives
Table 84. Eurikas: Company Snapshot
Table 85. Eurikas: Operating Segments
Table 86. Eurikas: Product Portfolio
Table 87. Eurikas: Net Sales
Table 88. Eurikas: Key Stratergies
Table 89. Deurex Ag: Key Executives
Table 90. Deurex Ag: Company Snapshot
Table 91. Deurex Ag: Operating Segments
Table 92. Deurex Ag: Product Portfolio
Table 93. Deurex Ag: Net Sales
Table 94. Deurex Ag: Key Stratergies
Table 95. Origen Chemicals: Key Executives
Table 96. Origen Chemicals: Company Snapshot
Table 97. Origen Chemicals: Operating Segments
Table 98. Origen Chemicals: Product Portfolio
Table 99. Origen Chemicals: Net Sales
Table 100. Origen Chemicals: Key Stratergies
Table 101. Pharma Base S.A.: Key Executives
Table 102. Pharma Base S.A.: Company Snapshot
Table 103. Pharma Base S.A.: Operating Segments
Table 104. Pharma Base S.A.: Product Portfolio
Table 105. Pharma Base S.A.: Net Sales
Table 106. Pharma Base S.A.: Key Stratergies
Table 107. Azelis: Key Executives
Table 108. Azelis: Company Snapshot
Table 109. Azelis: Operating Segments
Table 110. Azelis: Product Portfolio
Table 111. Azelis: Net Sales
Table 112. Azelis: Key Stratergies
Table 113. Technochem Projects: Key Executives
Table 114. Technochem Projects: Company Snapshot
Table 115. Technochem Projects: Operating Segments
Table 116. Technochem Projects: Product Portfolio
Table 117. Technochem Projects: Net Sales
Table 118. Technochem Projects: Key Stratergies
Table 119. Godavari Biorefineries Ltd.: Key Executives
Table 120. Godavari Biorefineries Ltd.: Company Snapshot
Table 121. Godavari Biorefineries Ltd.: Operating Segments
Table 122. Godavari Biorefineries Ltd.: Product Portfolio
Table 123. Godavari Biorefineries Ltd.: Net Sales
Table 124. Godavari Biorefineries Ltd.: Key Stratergies
Table 125. Sinova Development Co. Ltd: Key Executives
Table 126. Sinova Development Co. Ltd: Company Snapshot
Table 127. Sinova Development Co. Ltd: Operating Segments
Table 128. Sinova Development Co. Ltd: Product Portfolio
Table 129. Sinova Development Co. Ltd: Net Sales
Table 130. Sinova Development Co. Ltd: Key Stratergies

List of Figures
Figure 1. Segmentation of Sugarcane Wax Market, 2021-2031
Figure 2. Sugarcane Wax Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Sugarcane Wax Market: Drivers, Restraints and Opportunities
Figure 10. Pricing Analysis
Figure 11. Value Chain Analysis
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Regulatory Guidelines
Figure 15. Sugarcane Wax Market, by End Use Industry, 2021 (%)
Figure 16. Comparative Share Analysis of Pharmaceutical Sugarcane Wax Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Food Sugarcane Wax Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Cosmetics Sugarcane Wax Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Paper Sugarcane Wax Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Textile and Leather Sugarcane Wax Market, 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of Others Sugarcane Wax Market, 2021 and 2031 (%)
Figure 22. Sugarcane Wax Market by Region, 2021
Figure 23. U.S. Sugarcane Wax Market, 2021-2031 ($Million)
Figure 24. Canada Sugarcane Wax Market, 2021-2031 ($Million)
Figure 25. Mexico Sugarcane Wax Market, 2021-2031 ($Million)
Figure 26. Germany Sugarcane Wax Market, 2021-2031 ($Million)
Figure 27. France Sugarcane Wax Market, 2021-2031 ($Million)
Figure 28. Italy Sugarcane Wax Market, 2021-2031 ($Million)
Figure 29. Spain Sugarcane Wax Market, 2021-2031 ($Million)
Figure 30. UK Sugarcane Wax Market, 2021-2031 ($Million)
Figure 31. Rest of Europe Sugarcane Wax Market, 2021-2031 ($Million)
Figure 32. China Sugarcane Wax Market, 2021-2031 ($Million)
Figure 33. India Sugarcane Wax Market, 2021-2031 ($Million)
Figure 34. Japan Sugarcane Wax Market, 2021-2031 ($Million)
Figure 35. South Korea Sugarcane Wax Market, 2021-2031 ($Million)
Figure 36. Australia Sugarcane Wax Market, 2021-2031 ($Million)
Figure 37. Rest of Asia-Pacific Sugarcane Wax Market, 2021-2031 ($Million)
Figure 38. Brazil Sugarcane Wax Market, 2021-2031 ($Million)
Figure 39. Saudi Arabia Sugarcane Wax Market, 2021-2031 ($Million)
Figure 40. South Africa Sugarcane Wax Market, 2021-2031 ($Million)
Figure 41. Rest of LAMEA Sugarcane Wax Market, 2021-2031 ($Million)
Figure 42. Top Winning Strategies, by Year
Figure 43. Top Winning Strategies, by Development
Figure 44. Top Winning Strategies, by Company
Figure 45. Product Mapping of Top 10 Players
Figure 46. Competitive Dashboard
Figure 47. Competitive Heatmap of Top 10 Key Players
Figure 48. Top Player Positioning, 2021
Figure 49. Huzhou Shengtao Biotech LLC.: Net Sales ($Million)
Figure 50. Cerax.: Net Sales ($Million)
Figure 51. Eurikas.: Net Sales ($Million)
Figure 52. Deurex Ag.: Net Sales ($Million)
Figure 53. Origen Chemicals.: Net Sales ($Million)
Figure 54. Pharma Base S.A..: Net Sales ($Million)
Figure 55. Azelis.: Net Sales ($Million)
Figure 56. Technochem Projects.: Net Sales ($Million)
Figure 57. Godavari Biorefineries Ltd..: Net Sales ($Million)
Figure 58. Sinova Development Co. Ltd.: Net Sales ($Million)

Executive Summary

According to the report titled, “Sugarcane Wax Market," The sugarcane wax market was valued at $34.5 billion in 2021, and is estimated to reach $48.6 billion by 2031, growing at a CAGR of 3.6% from 2022 to 2031.

In textile industry, sugarcane wax is a finishing agent employed to finish yarns and then to weave them. Sugarcane wax is widely used as a hydrophobic treatment which eases and strengthens fibers while maintaining gloss and greater abrasion resistance. The wax helps to repel water droplets, causing small water crystals to merely rest on the woven fabric. The compositions are made up of three ingredients such as the sugarcane wax, a mixer and an emulsifier. The emulsifying agent has sufficient hydrophilic characteristics to make the structure readily water scourable, which is otherwise a primarily hydrophobic material.

Sugarcane wax is used in textiles for additional advantages such as improved rip resistance, fabric softening, heat setting, and reduced needle cutting, this factor will drive the market growth during the forecast period. Moreover, an increasing eco-friendly awareness and technological innovation, is influencing the growth of the global market positively.

Increase in research and developments activities in pharmaceuticals

People in developing and developed countries have changed their preferences from synthetic to bio-based or green products because of their health and wellbeing concerns. The main factors driving the expansion of the global sugarcane wax industry escalated research and developments investment in the pharmaceutical industry. The phytochemistry of sugarcane wax obtained from the leaves and stalks of sugarcane leaves, juice, and its products, has revealed the presence of various fatty acid, alcohol, phytosterols, higher terpenoids, flavonoids, -O- and -C-glycosides, and phenolic acids. Hence the sugarcane wax has a great potential to be a valuable medicinal product.

Furthermore, manufacturers are investing in research and developments in the pharmaceutical industry as sugarcane wax has medicinal properties. The lipophilic compounds are the important components of sugarcane wax and are reported to have various pharmacological effects like sympathomimetic, antihypercholesterolemic, and antithrombotic activities. Moreover, the mixtures of fatty acids isolated from sugarcane wax has anti-inflammatory properties, thus it will create opportunities for sugarcane wax in pharmaceutical industries.

Region-wise, the sugarcane wax market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific sugarcane wax market size is projected to grow at the highest CAGR of 4.0% during the forecast period owing to the growing demand for sugarcane wax in the pharmaceutical, textile and food industries in the region.

The major players operating in the industry include Huzhou Shengtao Biotech LLC, Cerax, Urikas, Deurex AG, Origen Chemicals, Pharma Base S.A., Azelis, Technochem ProjectsS, Godavari Biorefieneries LTD., Sinova Development CO., LTD. These players have adopted product launch, acquisition, and business expansion as their key strategies to increase their market shares.

COVID-19 Impact Analysis

Several sugarcane wax manufacturing companies have either shut down or shrunk their operations due to the risk of infections among the workforce where sugarcane are widely used for wax synthesis and other applications. This has temporarily hampered the demand for the sugarcane wax market amid the COVID-19 period.

Key findings of the study

• On the basis of the end-use industry, the others segment accounted for 34.5% of the global sugarcane wax market share in FY2021, however, the cosmetics industry is anticipated to grow at the highest CAGR during the forecast period.
• On the basis of region, Asia-Pacific is the major consumer of sugarcane wax among other regions. It accounted for around 32.4% of the global market share in 2021 and is anticipated to continue this trend during the forecast period.

Companies Mentioned

• HUZHOU SHENGTAO BIOTECH LLC
• Cerax
• EURIKAS
• DEUREX AG
• Origen Chemicals
• Pharma Base S.A.
• Azelis
• Technochem Projects
• GODAVARI BIOREFINERIES LTD.
• Sinova Development Co., Ltd

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.