Almost all rubber is formulated with a wax to give ozone protection and yes, it does work by migrating to the surface to form a protective barrier. Removing the wax will cause the rubber to crack faster. Actually, your best bet is to just wash the tires with car wash soap and water when you wash the car. Just a gentle wash with a wet rag and a rinse. Let them air dry. You'll keep the wax protectant in place better and longer.