Petroleum Wax Market - Key Futuristic Trends and Opportunities 2030
The petroleum wax market in Algeria, Ghana, Nigeria, and Ivory Coast was valued at ~US$ 71 Mn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. Among types, the petroleum jelly segment held a dominant share of the petroleum wax market in Algeria, Ghana, Nigeria, and Ivory Coast in 2019, primarily due to high demand from industries such as cosmetics and pharmaceutical. Among applications, the cosmetics segment constituted a significant share of the petroleum wax market in Algeria, Ghana, Nigeria, and Ivory Coast in 2019, owing to rise in the disposable income and
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