The report on the Global Benzoic Acid Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Benzoic acid is a carboxylic acid, which is soluble in water, crystalline in nature and white in colour. It is widely used as a precursor for the production of chemicals like sodium benzoate, potassium benzoate, benzoyl chloride, benzoate plasticizers, alkyd resins, etc. Food & beverage and packaging industries are its biggest end-users.
Benzoic acid is majorly used in food preservatives and as antifungal agent. Other uses of benzoic acid are in artificial flavors, perfumes, treatment of bacterial infections, repellants and others. Global benzoic acid market is segmented on this basis of its applications such as preservatives, sodium and potassium benzoate, benzoyl chloride, benzoate plasticizers, alkyd resins, animal feed, others that includes medicinal, etc.
Growing economy and increasing popularity of convenience food particularly in developing countries is fuelling the growth of this market. The popularity and demand of products varies from region to region. North America & Europe are the leading product segment is Benzoate Plasticizer, whereas in Asia-Pacific, Sodium and Potassium benzoate are the leading product segments.
Europe leads the global benzoic acid market in terms of both demand and production followed by North America and Asia Pacific. China is fast emerging as a leader in the Asia Pacific region. The flourishment of market in these regions can be attributed to the raised demand of its leading product segment benzoate plasticizers. However, more than benzoate plasticizers China is more of a hub for benzoyl chloride and sodium benzoate.
Key players in global benzoic acid market include:
CUSTOMIZATION OF REPORT:
TABLE OF CONTENTS
1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Benzoic Acid Market
2.2. Global Benzoic Acid Market Snapshot
3 . BENZOIC ACID – INDUSTRY ANALYSIS
3.2. Market Drivers of Benzoic Acid Market
3.3. Market Restraints of Benzoic Acid Market
3.4. Opportunities of Benzoic Acid Market
3.5. Trends of Benzoic Acid Market
3.6. Porter’s Five Force Analysis of Benzoic Acid Market
3.7. Benzoic Acid Market Attractiveness Analysis
3.7.1 Market Attractive Analysis by Application
3.7.2 Market Attractive Analysis by Region
4 . VALUE CHAIN ANALYSIS
4.1. Benzoic Acid Value Chain Analysis
4.2. Benzoic Acid Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Benzoic Acid Raw Material Manufactures List
4.2.3. Price Trend of Benzoic Acid Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL BENZOIC ACID MARKET ANALYSIS BY APPLICATION
5.1 Overview by Application
5.2 Global Benzoic Acid Market Analysis by Application
5.3 Market Analysis of Preservatives by Regions
5.4 Market Analysis of Sodium And Potassium Benzoate by Regions
5.5 Market Analysis of Benzoyl Chloride by Regions
5.6 Market Analysis of Benzoate Plasticizers by Regions
5.7 Market Analysis of Alkyd Resins by Regions
5.8 Market Analysis of Animal Feed by Regions
5.9 Market Analysis of Others (Including Medicinal, Etc.) by Regions
6 . GLOBAL BENZOIC ACID MARKET ANALYSIS BY GEOGRAPHY
6.1. Regional Outlook
6.3. North America
6.3.2. North America Benzoic Acid Market Estimate by Market Segment
6.3.3. North America Benzoic Acid Market Estimate by Country
6.3.4. United State
6.3.5. Rest of North America
6.4.2. Europe Benzoic Acid Market Estimate by Market Segment
6.4.3. Europe Benzoic Acid Market Estimate by Country
6.4.4. United Kingdom
6.4.6 Rest of Europe
6.5. Asia Pacific
6.5.2. Asia Pacific Benzoic Acid Market Estimate by Market Segment
6.5.3. Asia Pacific Benzoic Acid Market Estimate by Country
6.5.6. Rest of Asia Pacific
6.6. Latin America
6.6.2. Latin America Benzoic Acid Market Estimate by Market Segment
6.6.3. Latin America Benzoic Acid Market Estimate by Country
6.6.5. Rest of Latin America
6.7. Middle East & Africa
6.7.2. Middle East & Africa Benzoic Acid Market Estimate by Market Segment
6.7.3. Middle East & Africa Benzoic Acid Market Estimate by Country
6.7.4. Middle East
7 . COMPETITIVE LANDSCAPE OF THE BENZOIC ACID COMPANIES
7.1. Benzoic Acid Market Competition
7.3. Merger And Acquisitions
7.4. New Product Launch
7.5. Other Developments
8 . COMPANY PROFILES OF BENZOIC ACID INDUSTRY
8.1. Company Share Analysis
8.2. Market Concentration Rate
8.3. Emerald Kalama
8.3.1. Company Overview
8.3.4. Recent Developments
8.4.1. Company Overview
8.4.4. Recent Developments
8.5. Huayin Jin Qian Cheng
8.5.1. Company Overview
8.5.4. Recent Developments
8.6. Hubei Phoenix
8.6.1. Company Overview
8.6.4. Recent Developments
8.7. Nantong Haiers
8.7.1. Company Overview
8.7.4. Recent Developments
8.8. San Fu
8.8.1. Company Overview
8.8.4. Recent Developments
8.9. Wuhan Youji Industries
8.9.1. Company Overview
8.9.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
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