Wool Wax Alcohol Market : Region-wise Outlook
The market for wool wax alcohol has reached the stage of maturity in Asia Pacific . It is likely to expand at a faster rate in the near future as well . In terms of demand , China accounted for the major share of the wool wax alcohol market in 2015 . Demand for cosmetics has been increasing in South Korea , Southeast Asia , and India . Changes in lifestyle and increase in spending power are the primary factors driving the wool wax alcohol market in the region . In terms of demand and consumption , Asia Pacific was followed by Europe and North America . Demand for wool wax alcohol was high in the U . S . in North America in 2015 due to its increased usage in personal care and cosmetic products . The wool wax alcohol market in countries such as Germany , the U . K ., and Italy in Europe has been expanding significantly since the last few years . This trend is expected to catch up in other countries in the region owing to the rise in usage of wool wax in cosmetics .
The wool wax alcohol market in Middle East & Africa and Latin America is anticipated to expand significantly in the near future as the personal care and pharmaceuticals sector in the region is witnessing consistent growth in recent years .
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Wool Wax Alcohol Market : Key Players Companies operating in the wool wax alcohol market include Suru Chemicals , NK Ingredients Pte Ltd ., and Gustav Heess GmbH .
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