Been a few years since I "sampled" the product. From what I remember it is a hybrid type LSP (hence the name sealant wax). If memory serves, it does have a carnauba wax base, and I seem to remember it has light abrasives. Best put on a clean substrate, rather than topping with it. It left a flat finish and was a little hard to buff off. Did do a good gob overall but I wasn't thrilled enough with its longevity or looks to make it a permanent part of my "stable" of products. I had read that it did excellent with a spray wax topper but I was looking for a single application rather than doing dual duty.
Hope this helps!
Note: You should take this with a grain of salt as they may have reformulated the product since I tried it.