BEESWAXexpert News

July
30
2016
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The beeswax market is expected to grow to 4.2 billion yuan in 2026

BEESWAXexpert

According to industry research, the beeswax market is expected to grow to 4.2 billion yuan in 2026.

Beeswax is a natural wax produced by bees. Beeswax is formed by worker bees discarded in the hive. Worker bees use it to construct hexagonal cells to store honey. In terms of composition, beeswax is composed of fatty acid esters and long-chain alcohols.

The use of beeswax is cleaning agent, food flavoring agent, lubricant and so on. Burning beeswax produces negative ions, which attract pollutants. Pollutants such as mold, odor, dust, bacteria, viruses, and other toxins are designed to reduce air quality. Therefore, beeswax actually succeeded in purifying the air and making it more habitable. This attribute can benefit the beeswax market when producing more products that are good for the environment. The total value of the global beeswax market in 2019 reached 3.3 billion yuan, and it is expected to grow to 4.2 billion yuan in 2026, with a compound annual growth rate (CAGR) of 3.7%.

Major global suppliers include:

Roger A Reed
Strahl & Pitsch
Akrochem
Poth Hille
Paramold
Adrian
Bee Natural Uganda
Bill's BeesNew Zealand Beeswax
Frank B Ross
Arjun Bees Wax Industries
BEESWAXexpert
Henan Weikang
Henan Dongyang
Dongguang Jinding
Dongguang Longda
Dongguang Henghong
Dongguang Yiyuan

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