Montan Wax Market revenue to reach USD 335 Million by 2036, says Research Nester [Yahoo! Finance]
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Source: Yahoo! Finance
New York , March 21, 2024 (GLOBE NEWSWIRE) -- The global montan wax market size is predicted to expand at 7% CAGR between 2024 and 2036. The market is projected to garner a revenue of USD 335 million by the end of 2036, up from a revenue of USD 149 million in the year 2023. This growth of the market is poised to be encouraged by growing demand for fruits owing to rising awareness among people regarding the benefits of its consumption. As per the WHO prediction, low food consumption causes 1.7 million (2.8%) deaths in the world and close to 16 million (1.0%) DALYs. Hence, the adoption of food is growing which is further predicted to boost the market demand for montan wax to coat food. Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-1006 Furthermore, Montan Wax is considered to be natural wax acquired from lignites, which comprehend pure wax of about 49% to 80%, resin over 19% to 40%, and bitumen of about 9% to 20%. Owing to its excellent che
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