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Showing posts from February, 2023

Carnauba Wax Market is estimated to be 310.2 Million by 2025 with a CAGR of 3.1% during the forecasted period.

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  The global  carnauba wax market  accounted for US$ 246.0 million in 2015 and is estimated to be 310.2 million by 2025 and is anticipated to register a CAGR of 3.1%.Carnauba wax also called as palm wax or Brazil wax. It is naturally obtained from the carnaubeira palm and is hardest form of natural wax. The benefits of carnauba wax such as high durability and melting point makes it ideal for automotive, pharmaceuticals, cosmetics, and others applications. The report.  " Global Carnauba Wax Market, By Source (Natural and Organic), By Form (Powder, Flakes, and Pellet), By End-user (Food & Beverages, Automobiles, Personal Care, Pharmaceutical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030” . Key Highlights: ·          In December 2016, Brenntag declared the acquisition of EPChem Group. This acquisition will help the company to increase their portfolio which will also im

Food Grade Lubricants Market is estimated to be US$ 487.2 Million by 2032 with a CAGR of 7.5% over the forecast period (2022-2032)

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  Food-grade or food-safe lubricant is the name given to any industrial lubricant that is considered safe for casual contact with objects used by humans or animals, as long as it does not exceed a certain concentration. Items that require food-grade lubricants for production include food, beverages, drugs and supplements, cosmetics, animal feed and pet food. Food grade lubricants are used during the manufacturing process of these items, they are considered safe for most casual use. Accidental contact is usually inadvertent and may occur through dripping contact or spillage, to be considered incidental, post-contact lubricants may not exceed 10 parts per million.  The food processing industry presents unique challenges to lubricant formulation engineers, lubricant marketers, plant lubricant engineers and equipment designers, but it is never desirable to allow lubricants to contaminate raw materials, in-process or finished products, the consequences of which are rarely more severe in the