Elaborate the statement "Waxes are a diverse class of organic compounds that are lipophilic, malleable solids near ambient temperatures".
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Waxes are a diverse class of organic compounds that are lipophilic, malleable solids near ambient temperatures. They include higher alkanes and lipids, typically with melting points above about 40 °C (104 °F), melting to give low viscosity liquids. Waxes are insoluble in water but soluble in organic, nonpolar solvents.
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