The wax market in India has been growing consistently, with an increase in demand from sectors like cosmetics, pharmaceuticals, healthcare, and luxury candles. Over the past five years, there has been a significant shift towards eco-friendly products, driving formulators to prefer vegetable or natural-origin waxes over conventional petroleum waxes. This change reflects the growing consumer preference for sustainable and environmentally friendly products. However, customers often face issues such as high costs of imported natural or vegetarian-origin raw materials and regulatory challenges. Waxoils, established in 1969, excels in producing high-quality natural and pharmaceutical waxes. With a legacy spanning over 70 years, the company combines traditional expertise with modern innovations to deliver sustainable and reliable solutions for various industries.
Waxoils' journey began in the early 1940s when Lakshmichand Raichand Sarvaiya started trading waxes in Mumbai’s Vadgadi market. In 1969, his son Kirtikumar Lakshmichand Sarvaiya founded Waxoils, marking the family’s forward integration into wax manufacturing. The company, now led by Pallavi Sarvaiya as Managing Director, has flourished over three generations. Today, the firm is renowned for its high-quality natural and pharmaceutical waxes. The company boasts a GMP and GLP-certified facility, supplying 50 percent of its products to the pharmaceutical industry. Waxoils' products are treated as bulk drugs, ensuring top-notch quality and regulatory compliance.
“With a relentless pursuit of excellence and a rich legacy, Waxoils has become a trusted name, known for addressing complex issues and maintaining superior quality standards in the wax industry”, says Priyank Sarvaiya.
A Trusted Source for High- Quality Natural Waxes
Waxoils product portfolio includes natural waxes, petroleum waxes, oleochemical waxes, and the innovative Veganceras range, which provides vegetarian alternatives for skincare. The firm also specializes in manufacturing wax esters and custom wax blends. The firm provides extensive client support, starting with sampling procedures, documentation, and audits, followed by pricing and supply assistance. The company excels in troubleshooting formulation issues, offering tailored solutions to ensure stability and compatibility. For customers with specific requirements, the firm collaborates closely with its R&D teams to develop optimized products. Additionally, Waxoils works with independent contract formulation companies, receiving unbiased feedback and facilitating the commercialization of formulations using its raw materials. With a focus on quality, sustainability, and customer satisfaction, the company ensures a seamless client engagement process from initial consultation to final product delivery.
Waxoils specializes in manufacturing high-quality natural waxes, excelling in pharmaceutical and cosmetic applications for over 55 years
Waxoils stands out for its unique manufacturing processes accumulated over three generations, ensuring industry standards and client satisfaction. The company emphasizes local sourcing to reduce import dependency and maintain a smooth supply chain. Its eco-friendly processes include reusing domestic liquid waste for gardening, disposing of packaging waste through government-approved recycling agencies, and using natural piped gas for boilers, which is a green fuel with low emissions. Waxoils' robust R&D capabilities enable the manufacturing of waxes from petroleum, natural, and oleochemical sources at a single site. This diverse production capability allows the company to meet a wide range of customer needs efficiently and sustainably.
Waxoils aims to become a global leader in the natural wax market, particularly in the Asia Pacific region. The company is poised to double its manufacturing capacity in the next six months, revamping its 55-year-old site to comply with revised FDA requirements. This upgrade includes larger batch sizes, wax pastillation systems, packaging automation, and a spacious warehouse to reduce lead times and support urgent client needs. “With a steadfast commitment to waxes, Waxoils focuses on ongoing innovation and development to maintain its position as a premier wax supplier”, concludes Priyank Sarvaiya.
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