The lip balm that is the best and what I prefer is Aquaphor to the rescue which also works well for dry peeling lips.
Another good lip balm that works well is the Palmer's Cocoa Butter Swivel Stick lip balm.
Carmex lip balm also works really well and is a readily available lip balm.
Carmex contains beeswax which is an animal product so Carmex is not vegan and also contains Lanolin.
Other ingredients in Carmex are menthol and camphor.
The camphor and menthol give Carmex a cooking effect that helps to relieve irritation of dry lips and encourage a healthy appearance which feels good and looks good.
In some people that use Carmex allergic reactions may occur and appear as blisters, redness, or cracking of the lip's surface.
If you have an allergy to a specific ingredient in Carmex, then you should not use Carmex.
You can instead use Vaseline or other petroleum jelly to help seal in moisture and protect your lips when you can't use Carmex.
You can also put Carmex on your face and reduce the appearance of redness and help with chapped skin on your face.
Lip balm including Carmex is a good way to reduce skin redness on other areas of your body and not just your lips.