Candelilla wax is a plant-based complex material. It is brittle, hard, and easily pulverized. It is an opaque material before refining, which can be of different colors ranging from light brown to yellow depending on the grade of refining and bleaching. Candelilla wax has exceptional oil binding characteristics, thus improving the texture and stability of cosmetic products. Candelilla wax delivers good mold release, surface gloss, firmness, and develops softness. It is frequently employed in combination with beeswax and carnauba wax in order to improve adhesion and skin-feel properties. It effortlessly dissolves basic dyes. It is highly soluble in chloroform, acetone, benzene, and numerous other organic solvents, but is soluble in water. Furthermore, it is employed as a glazing agent, lubricant, and surface-finishing agent.

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Demand for candelilla wax is anticipated to increase, determined by the market trend for natural-based ingredients, especially in personal care and other consumer products. However, the upsurge of synthetic waxes for large volume applications, which offer relatively better performance with lower cost, is estimated to hamper the expansion of the candelilla wax market.

In terms of different forms, the candelilla wax market can be segmented into:

• Lumps
• Slabs
• Flakes
• Pastilles
• Spray Powder
• Ground Powder

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There are various candelilla wax products which differ mainly in their appearance and refining grade. However, in maximum applications, it is acclaimed to use candelilla wax in the pastilles form, since they propose significant advantages compared to other forms of products. Candelilla wax pastilles offer advanced purity levels in totally refined and semi-refined products, with lower production costs involved. Pastilles allow relatively more defined control during dosing even for a higher thermal efficiency during the wax melting process. Candelilla wax powder, either in ground or in spray form, is considered as a specialty product, which is employed primarily for selected applications such as the food & beverage and cosmetic industries.

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In terms of application, the candelilla wax market can be segmented into:

• Personal Care
• Food
• Dyes
• Pharmaceutical
• Others (Textile, etc.)