Benzoic acid Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Product method (Grignard reagents, Friedel-Crafts reaction, Others); Application (Benzoates, Benzoate plasticizers, Alkyd resins, Benzoyl chloride, Animal feed additive, Others); End use industry (Food and beverages, Chemical, Pharmaceutical, Others) and Geography

Report Code: TIPRE00004849 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming
Covid
MARKET INTRODUCTION
An acid is a chemical compound which, when dissolved in water gives a solution having pH less than 7.0. Benzoic acid is a colorless crystalline solid that occurs naturally in plants and serves as an intermediate in the process of photosynthesis of many secondary metabolites. Benzoic acid salts are used as a food preservative. This acid also acts as a prominent precursor for the industrial synthesis of many organic substances. The salt produced from benzonic acid is known as benzoates. Benzoic acid enhances the skin ability to hold moisture, and therefore, it improves the quality of both skin and skin care products.

Market Dynamics
Due to the increasing demand for preservatives to increase the shelf life of products and growth in food and beverage industry acts as a drive in the development of the benzoic acid market. Benzoic acid is anti-fungal, which makes it perfect for application in cosmetic and personal care industries. This feature of the acid also enhances growth. However, the costs of raw material, linked with the crude oil price, is volatile, and affects the profitability of the benzoic acid market. If investments in product development for niche application is increased, it will serve as an opportunity for the growth of benzoic acid market in near future.

The "Global Benzoic Acid market Analysis to 2027" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the benzoic acid market with detailed market segmentation by product method, application, end use industry and geography. The global benzoic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading benzoic acid market players and offers key trends and opportunities in the market.

Market Segmentation
The global benzoic acid market is segmented on the basis of product method, application, end use industry and geography. On the basis of product method, the market classify into grignard reagents, friedel-crafts reaction and others. The market on the basis of application is broken into benzoates, benzoate plasticizers, alkyd resins, benzoyl chloride, animal feed additive and others. As per end use industry the benzoic acid market can be bifurcated into food and beverages, chemical, pharmaceutical and others.

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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the benzonic acid market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The benzoic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the benzoic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the benzoic acid market in these regions.

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MARKET PLAYERS
The reports cover key developments in the benzoic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from benzoic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for benzoic acid in the global market. Below mentioned is the list of few companies engaged in the benzoic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the benzoic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Emerald Performance Materials
  • Wuhan Youji Industries Co.
  • Tianjin Dongda Chemical Group
  • Liao Ning Huayi Chemical Industry & Commerce Co.
  • Huangshi Taihua Industry
  • Shri Hari Chemicals
  • Chemcrux Enterprises Ltd
  • Emerald Kalama Chemical
  • Sinteza S.A
  • Ganesh Benzoplast Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Benzoic Acid Market - By Product method
1.3.2 Benzoic Acid Market - By Application
1.3.3 Benzoic Acid Market - By End use industry
1.3.4 Benzoic Acid Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. BENZOIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. BENZOIC ACID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. BENZOIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. BENZOIC ACID - GLOBAL MARKET OVERVIEW
6.2. BENZOIC ACID - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. BENZOIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT METHOD
7.1. OVERVIEW
7.2. PRODUCT METHOD MARKET FORECASTS AND ANALYSIS
7.3. GRIGNARD REAGENTS
7.3.1. Overview
7.3.2. Grignard reagents Market Forecast and Analysis
7.4. FRIEDEL-CRAFTS REACTION
7.4.1. Overview
7.4.2. Friedel-Crafts reaction Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. BENZOIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BENZOATES
8.3.1. Overview
8.3.2. Benzoates Market Forecast and Analysis
8.4. BENZOATE PLASTICIZERS
8.4.1. Overview
8.4.2. Benzoate plasticizers Market Forecast and Analysis
8.5. ALKYD RESINS
8.5.1. Overview
8.5.2. Alkyd resins Market Forecast and Analysis
8.6. BENZOYL CHLORIDE
8.6.1. Overview
8.6.2. Benzoyl chloride Market Forecast and Analysis
8.7. ANIMAL FEED ADDITIVE
8.7.1. Overview
8.7.2. Animal feed additive Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. BENZOIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - END USE INDUSTRY
9.1. OVERVIEW
9.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. FOOD AND BEVERAGES
9.3.1. Overview
9.3.2. Food and beverages Market Forecast and Analysis
9.4. CHEMICAL
9.4.1. Overview
9.4.2. Chemical Market Forecast and Analysis
9.5. PHARMACEUTICAL
9.5.1. Overview
9.5.2. Pharmaceutical Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

10. BENZOIC ACID MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Benzoic Acid Market Overview
10.1.2 North America Benzoic Acid Market Forecasts and Analysis
10.1.3 North America Benzoic Acid Market Forecasts and Analysis - By Product method
10.1.4 North America Benzoic Acid Market Forecasts and Analysis - By Application
10.1.5 North America Benzoic Acid Market Forecasts and Analysis - By End use industry
10.1.6 North America Benzoic Acid Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Benzoic Acid Market
10.1.6.1.1 Canada Benzoic Acid Market by Product method
10.1.6.1.2 Canada Benzoic Acid Market by Application
10.1.6.1.3 Canada Benzoic Acid Market by End use industry
10.1.6.2 Mexico Benzoic Acid Market
10.1.6.2.1 Mexico Benzoic Acid Market by Product method
10.1.6.2.2 Mexico Benzoic Acid Market by Application
10.1.6.2.3 Mexico Benzoic Acid Market by End use industry
10.1.6.3 US Benzoic Acid Market
10.1.6.3.1 US Benzoic Acid Market by Product method
10.1.6.3.2 US Benzoic Acid Market by Application
10.1.6.3.3 US Benzoic Acid Market by End use industry
10.2. EUROPE
10.2.1 Europe Benzoic Acid Market Overview
10.2.2 Europe Benzoic Acid Market Forecasts and Analysis
10.2.3 Europe Benzoic Acid Market Forecasts and Analysis - By Product method
10.2.4 Europe Benzoic Acid Market Forecasts and Analysis - By Application
10.2.5 Europe Benzoic Acid Market Forecasts and Analysis - By End use industry
10.2.6 Europe Benzoic Acid Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Benzoic Acid Market
10.2.6.1.1 Germany Benzoic Acid Market by Product method
10.2.6.1.2 Germany Benzoic Acid Market by Application
10.2.6.1.3 Germany Benzoic Acid Market by End use industry
10.2.6.2 France Benzoic Acid Market
10.2.6.2.1 France Benzoic Acid Market by Product method
10.2.6.2.2 France Benzoic Acid Market by Application
10.2.6.2.3 France Benzoic Acid Market by End use industry
10.2.6.3 Italy Benzoic Acid Market
10.2.6.3.1 Italy Benzoic Acid Market by Product method
10.2.6.3.2 Italy Benzoic Acid Market by Application
10.2.6.3.3 Italy Benzoic Acid Market by End use industry
10.2.6.4 United Kingdom Benzoic Acid Market
10.2.6.4.1 United Kingdom Benzoic Acid Market by Product method
10.2.6.4.2 United Kingdom Benzoic Acid Market by Application
10.2.6.4.3 United Kingdom Benzoic Acid Market by End use industry
10.2.6.5 Russia Benzoic Acid Market
10.2.6.5.1 Russia Benzoic Acid Market by Product method
10.2.6.5.2 Russia Benzoic Acid Market by Application
10.2.6.5.3 Russia Benzoic Acid Market by End use industry
10.2.6.6 Rest of Europe Benzoic Acid Market
10.2.6.6.1 Rest of Europe Benzoic Acid Market by Product method
10.2.6.6.2 Rest of Europe Benzoic Acid Market by Application
10.2.6.6.3 Rest of Europe Benzoic Acid Market by End use industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Benzoic Acid Market Overview
10.3.2 Asia-Pacific Benzoic Acid Market Forecasts and Analysis
10.3.3 Asia-Pacific Benzoic Acid Market Forecasts and Analysis - By Product method
10.3.4 Asia-Pacific Benzoic Acid Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Benzoic Acid Market Forecasts and Analysis - By End use industry
10.3.6 Asia-Pacific Benzoic Acid Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Benzoic Acid Market
10.3.6.1.1 Australia Benzoic Acid Market by Product method
10.3.6.1.2 Australia Benzoic Acid Market by Application
10.3.6.1.3 Australia Benzoic Acid Market by End use industry
10.3.6.2 China Benzoic Acid Market
10.3.6.2.1 China Benzoic Acid Market by Product method
10.3.6.2.2 China Benzoic Acid Market by Application
10.3.6.2.3 China Benzoic Acid Market by End use industry
10.3.6.3 India Benzoic Acid Market
10.3.6.3.1 India Benzoic Acid Market by Product method
10.3.6.3.2 India Benzoic Acid Market by Application
10.3.6.3.3 India Benzoic Acid Market by End use industry
10.3.6.4 Japan Benzoic Acid Market
10.3.6.4.1 Japan Benzoic Acid Market by Product method
10.3.6.4.2 Japan Benzoic Acid Market by Application
10.3.6.4.3 Japan Benzoic Acid Market by End use industry
10.3.6.5 South Korea Benzoic Acid Market
10.3.6.5.1 South Korea Benzoic Acid Market by Product method
10.3.6.5.2 South Korea Benzoic Acid Market by Application
10.3.6.5.3 South Korea Benzoic Acid Market by End use industry
10.3.6.6 Rest of Asia-Pacific Benzoic Acid Market
10.3.6.6.1 Rest of Asia-Pacific Benzoic Acid Market by Product method
10.3.6.6.2 Rest of Asia-Pacific Benzoic Acid Market by Application
10.3.6.6.3 Rest of Asia-Pacific Benzoic Acid Market by End use industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Benzoic Acid Market Overview
10.4.2 Middle East and Africa Benzoic Acid Market Forecasts and Analysis
10.4.3 Middle East and Africa Benzoic Acid Market Forecasts and Analysis - By Product method
10.4.4 Middle East and Africa Benzoic Acid Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Benzoic Acid Market Forecasts and Analysis - By End use industry
10.4.6 Middle East and Africa Benzoic Acid Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Benzoic Acid Market
10.4.6.1.1 South Africa Benzoic Acid Market by Product method
10.4.6.1.2 South Africa Benzoic Acid Market by Application
10.4.6.1.3 South Africa Benzoic Acid Market by End use industry
10.4.6.2 Saudi Arabia Benzoic Acid Market
10.4.6.2.1 Saudi Arabia Benzoic Acid Market by Product method
10.4.6.2.2 Saudi Arabia Benzoic Acid Market by Application
10.4.6.2.3 Saudi Arabia Benzoic Acid Market by End use industry
10.4.6.3 U.A.E Benzoic Acid Market
10.4.6.3.1 U.A.E Benzoic Acid Market by Product method
10.4.6.3.2 U.A.E Benzoic Acid Market by Application
10.4.6.3.3 U.A.E Benzoic Acid Market by End use industry
10.4.6.4 Rest of Middle East and Africa Benzoic Acid Market
10.4.6.4.1 Rest of Middle East and Africa Benzoic Acid Market by Product method
10.4.6.4.2 Rest of Middle East and Africa Benzoic Acid Market by Application
10.4.6.4.3 Rest of Middle East and Africa Benzoic Acid Market by End use industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Benzoic Acid Market Overview
10.5.2 South and Central America Benzoic Acid Market Forecasts and Analysis
10.5.3 South and Central America Benzoic Acid Market Forecasts and Analysis - By Product method
10.5.4 South and Central America Benzoic Acid Market Forecasts and Analysis - By Application
10.5.5 South and Central America Benzoic Acid Market Forecasts and Analysis - By End use industry
10.5.6 South and Central America Benzoic Acid Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Benzoic Acid Market
10.5.6.1.1 Brazil Benzoic Acid Market by Product method
10.5.6.1.2 Brazil Benzoic Acid Market by Application
10.5.6.1.3 Brazil Benzoic Acid Market by End use industry
10.5.6.2 Argentina Benzoic Acid Market
10.5.6.2.1 Argentina Benzoic Acid Market by Product method
10.5.6.2.2 Argentina Benzoic Acid Market by Application
10.5.6.2.3 Argentina Benzoic Acid Market by End use industry

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. BENZOIC ACID MARKET, KEY COMPANY PROFILES
12.1. EMERALD PERFORMANCE MATERIALS (US)
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. WUHAN YOUJI INDUSTRIES CO. (CHINA)
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. TIANJIN DONGDA CHEMICAL GROUP (CHINA)
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. LIAO NING HUAYI CHEMICAL INDUSTRY AND COMMERCE CO. (CHINA
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HUANGSHI TAIHUA INDUSTRY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SHRI HARI CHEMICALS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. CHEMCRUX ENTERPRISES LTD
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. EMERALD KALAMA CHEMICAL
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SINTEZA S.A
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. GANESH BENZOPLAST LIMITED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Emerald Performance Materials (US)
2. Wuhan Youji Industries Co. (China)
3. Tianjin Dongda Chemical Group (China)
4. Liao Ning Huayi Chemical Industry and Commerce Co. (China
5. Huangshi Taihua Industry
6. Shri Hari Chemicals
7. Chemcrux Enterprises Ltd
8. Emerald Kalama Chemical
9. Sinteza S. A
10. Ganesh Benzoplast Limited
TIPRE00004849
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