A new market study based on the Benzoic Acid Market designed from various sources which also include porter's five forces analysis research techniques to explore the new opening of the market for the period of 2019-2025. The study also interrogates and examines the information based on share, market size, growth path, and the latest trends to recognize the potential value of the market. And most importantly, the data on the current business scenario will also help players to understand the stakeholder strategies and discover the new opportunities which will help them to succeed in their way.
Rising demand for benzyl alcohol as an anti-parasite medication and popular preservative in injectable pharmaceutical drugs is a major factor driving benzyl alcohol market revenue growth
The global benzyl alcohol market size was USD 57.20 Million in 2021 and is expected to register a revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Rising demand for benzyl alcohol as an anti-parasite medication and popular preservative in injectable pharmaceutical drugs, growing use of benzyl alcohol in paints and coatings, and growing consumer demand for benzyl alcohol as a preservative in skin creams in place of paraffin are primarily factors driving market growth of the benzyl alcohol market.
The global Benzoic Acid Market is anticipated to exceed 640 kilotons (KT) by 2024 from 480 kilotons in 2014. It could expand at over 3.2% CAGR over the forecast period (2016-2024). High demand for preservatives for longer shelf life of products and the expansion of the food & beverages industry are factors that drive this market.
Plastics Performance Overview-A Primer on Thermoplastic Polymer Resins-Presented by China Array Plastics LLC Contents: Plastics Performance Pyramid Key of Polymer ...
Benzoic Acid Market size is forecast to reach $2.4 billion by 2025, after growing at a CAGR of 9.5% during 2020-2025. Benzoic acid is an aromatic carboxylic acid that is colorless and crystalline.
Demand for Benzoyl Chloride remained modest to firm in the North American market during Q1-2021, as the demand fluctuated with segment over segment during this quarter. Pharmaceutical segment of overall North America remained firm and thus the demand for Benzoyl Chloride for downstream Peroxide derivatives manifested recovery.
Toluene is a reasonable, lackluster fluid with an unmistakable smell. It is a decent dissolvable (a substance that can break down different substances). Toluene happens normally in raw petroleum and in the tolu tree. It is delivered during the time spent making gas and different energizes from unrefined petroleum and in making coke from coal.