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OverviewAPI
The global slack wax market is expected to grow steadily at a 2.1% CAGR from 2024 to 2032, propelled by candle manufacturing, paraffin wax production, and construction uses. Asia-Pacific dominates the market, with the Middle East set for rapid growth due to escalating construction projects. However, market players face challenges from fluctuating crude oil prices, prompting strategic responses.

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