Carnauba Wax Market Deep Research Study with Forecast by 2025
The global carnauba wax market has witnessed tremendous growth over the past few years, due to its increasing application in the pharmaceutical and cosmetics sector. Brazil is the leading producer as well as exporter of carnauba wax across the globe. The manufacturing of this wax involves low setup cost, however, the labor intensive nature of extraction and processing leads to a high labor cost, thereby boosting the overall manufacturing cost. Moreover, the widespread adoption of primitive tools for extraction leads...
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