Waxes for Detergents and Cleaners Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Based on end-use, the waxes for detergents and cleaners market can be segmented into domestic use and professional use. Currently, the domestic use segment dominates the market and is anticipated to continue its dominance during the forecast period. The domestic use segment is anticipated to expand at a significant CAGR during the forecast period. This is primarily because cleaner and detergent products come under the category of fast moving consumer goods, which is a rapidly expanding industry. Moreover, these goods are among the basic goods that an individual requires on a daily basis and are more or less in direct proportion to the population.