Benzoic Acid Market

Mar 2021| MRS099A| Market Research Studies

Report Highlights

The scope of this report is broad and covers different end-uses of the benzoic acid market, along with the different end-uses of the segment. The market is broken down by end-use, application, and regional markets. revenue forecasts from 2019 to 2025 are given for each major end-use of benzoic acid market, end-use outlook, application outlook, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional benzoic acid market; it explains the major market drivers of the global benzoic acid market industry, current trends within the industry, major end-use outlooks, application outlook, and the regional dynamics of the global benzoic acid market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global benzoic acid market.

Report Includes

  • 61 tables
  • An up-to-date analysis of the global benzoic acid market
  • Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2025.
  • Estimation of market size and revenue forecast for global benzoic acid market, and corresponding market share analysis by end-use, application, and region for each market segment.
  • Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for benzoic acid market, identification of the companies that are best positioned to meet this demand.
  • In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
  • Identification of new product outlooks and application still in the development and their probability of successful commercial launch within the next five years.
  • Impact of COVID-19 on the Benzoic acid market as compared to overall global economy.
  • Insight into the growth development strategies of major Benzoic acid market manufacturers and their key competitive landscape.
  • Descriptive company profiles of the leading market participants, including Wuhan Youji Industries Co., Sinteza s.a, Liao Ning Huayi Chemical Industry & Commerce Co., Tianjin Dongda Chemical Group, Aarti Industries Ltd, Ganesh Benzoplast Limited and Eastman Chemical Company.

Summary

Benzoic acid is a carboxylic acid with several functional properties which include antifungal and antibacterial features, which has escalated its demand in several end-use industries. It is naturally found in many fruits, such as plums, cranberries, prunes, and raspberries. It is widely used in the food and beverage industry along with the chemical and pharmaceutical industries.

The various applications of benzoic acid include sodium benzoates, benzoate plasticizers, benzoyl chloride, alkyd resins, and animal feed additive. The sodium benzoates segment is dominating the market in 2020.

The global benzoic acid market will grow from $1.05 billion in 2020 to $2.4 billion by 2025 at a five-year CAGR of 5.3%. The market for benzoic acid is expected to grow, mainly due to the rising demand for preserved and packaged food from the world consumer demographic.

The Asia Pacific region is exhibiting the fastest growth rate in the market owing to extensive application in several end-user industries. Besides the food and beverage industries, the per capita consumption of plastic is high in India and China, which resulted in boosting the market growth.

  • Table 1 : Research Programs/Design For This Report
  • Table 2 : Key Data Information From Secondary Sources
  • Table 3 : Key Data Information From Primary Sources
  • Table 4 : Global Benzoic acid Market By End-Use Outlook 2021-2025 (USD Billion)
  • Table 5 : Global Benzoic acid Market By Application Outlook 2021-2025 (USD Billion)
  • Table 6 : North America Benzoic acid Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 7 : North America Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 8 : North America Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 9 : U.S Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 10 : U.S Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 11 : Canada Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 12 : Canada Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 13 : Mexico Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 14 : Mexico Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 15 : Europe Benzoic acid Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 16 : Europe Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 17 : Europe Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 18 : Germany Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 19 : Germany Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 20 : U.K Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 21 : U.K Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 22 : Spain Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 23 : Spain Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 24 : France Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 25 : France Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 26 : Italy Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 27 : Italy Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 28 : Russia Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 29 : Russia Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 30 : Netherlands Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 31 : Netherlands Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 32 : Switzerland Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 33 : Switzerland Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 34 : Rest of World Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 35 : Rest of World Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 36 : Asia Pacific Benzoic acid Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 37 : Asia Pacific Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 38 : Asia Pacific Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 39 : China Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 40 : China Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 41 : Japan Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 42 : Japan Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 43 : India Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 44 : India Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 45 : South Korea Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 46 : South Korea Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 47 : Singapore Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 48 : Singapore Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 49 : Malaysia Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 50 : Malaysia Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 51 : Philippines Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 52 : Philippines Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 53 : Vietnam Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 54 : Vietnam Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 55 : Rest of Asia Pacific Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 56 : Rest of Asia Pacific Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 57 : Middle East & Africa Benzoic acid Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 58 : Middle East & Africa Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 59 : Middle East & Africa Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Table 60 : Saudi Arabia Benzoic acid Market Estimates & Forecast, By End-Use Outlook, 2021 – 2025 (USD Billion)
  • Table 61 : Saudi Arabia Benzoic acid Market Estimates & Forecast, By Application Outlook, 2021 – 2025 (USD Billion)
  • Figure 1 : MRS Methodology For Estimating The Market Demand And Forecast
  • Figure 2 : Bottom-Up And Top-Down Approaches For This Report
  • Figure 3 : Data Triangulation
  • Figure 4 : Global Benzoic acid Market By End-Use Outlook 2021-2025 (USD Billion)
  • Figure 5 : Global Benzoic acid Market By Application Outlook 2021-2025 (USD Billion)
  • Figure 6 : Global Benzoic acid Market By Growth And Revenue 2021-2025 (USD Billion)
  • Figure 7 : Global Benzoic acid Market By Country 2021-2025 (USD Billion)
  • Figure 8 : Porter's Five Forces Analysis
  • Figure 9 : Channels Of Distribution
  • Figure 10 : Company Profiles
  • Figure 11 : Benzoic acid Value Chain Analysis
  • Figure 12 : Global Benzoic acid Market Share, By End-Use Outlook, 2021
  • Figure 13 : Global Benzoic acid Market Share, By Application Outlook, 2021
  • Figure 14 : Global Benzoic acid Market Share, By Region, 2021
  • Figure 15 : Benzoic acid Market Overview (Drivers, Restraints, Opportunities)

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