The average cost of candelilla wax per pound is $1.90-3.25. It is extracted from small candelilla shrubs, mainly found in Mexico and USA. It is yellowish-brown, hard, brittle and opaque to translucent in nature. It has a high content of hydrocarbon. It is insoluble in water but soluble in acetone and chloroform. It is used in the cosmetic industry in manufacturing lip balms and lotion bars. It acts as a binder in chewing gums. It is also used as a glazing agent and for making varnish.