Montan Wax Market size is projected to reach USD 164.67 Million by 2028 from an estimated USD 124.30 Million in 2022, growing at a CAGR of 4.1% globally.

Montan wax is a natural wax made from ignites that comprises pure wax (50-80%), resin (20-40%), and bitumen (20-40%). (10-20 %). Montan wax is a solid brown-black substance that is non-toxic, tasteless, and has a high melting point. It has an excellent gloss and chemical stability, and it can be dissolved in a variety of organic solvents and saponified and emulsified readily.

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