Press release
2, 4-Dichlorobenzyl Alcohol Market Key Vendors are BASF SE (Germany), Reckitt Benckiser Healthcare International Ltd. (UK), Sigma-Aldrich Co. LLC (U.S.), EMKA-Chemie Gmbh & Co. KG (Germany) etc.
2, 4-Dichlorobenzyl Alcohol Market
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Global Key Players and Competition Analysis
The major players operating in the 2, 4-Dichlorobenzyl Market include BASF SE (Germany), Reckitt Benckiser Healthcare International Ltd. (UK), Sigma-Aldrich Co. LLC (U.S.), EMKA-Chemie Gmbh & Co. KG (Germany), Santa Cruz Biotechnology, Inc. (U.S.), Bioxera Pharma Private Limited (India), Benzo Chem Industries Pvt. Ltd. (India), and others.
Segmentation Analysis
The Global 2, 4-Dichlorobenzyl Alcohol Market is segmented based on application, end use industry, and region. Based on application, DCBA market is categorized into preservative, insecticide, chemical intermediate, and others. Based on end use industry, the market is classified into pharmaceutical, agriculture, cosmetics & personal care, general industry, and others. Among the application segment, preservative and chemical intermediate are expected to hold the larger share as compared to others.
Increasing consumption of DCBA in various personal care products such as shampoo, skin care, hair care, lotion, and other is predicted to fuel the growth of segment in the upcoming years. Among the end use industries, pharmaceutical and cosmetics & personal care segment accounts for the largest market share owing to the wide utilization of antimicrobial and preservatives. Agriculture segment is expected to be the fastest growing and exhibiting the highest CAGR during the review period. The growth of this segment is attributed to the increasing usage of insecticide for crop protection as well as rising demand for high quality crop production.
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Regional Analysis
North America is estimated to be the largest market for 2, 4-Dichlorobenzyl Alcohol followed by Europe and Asia Pacific on account of increasing demand from pharmaceutical and cosmetics & personal care sector among others. Countries of North America and Europe such as the U.S, Canada, Germany, France, Spain, and the UK are expected to witness significant growth of the market owing to the expansion of pharmaceutical and Cosmetics & Personal care sector. Asia Pacific is expected to grow with the healthy CAGR due to the robust demand for DABC in emerging economies such as India, China, Thailand, Vietnam, and Malaysia. Latin America and the Middle East & Africa is predicted to witness moderate growth owing to average demand for DCBA in personal care products.
Market Scope
Some of the prominent factors that positively influence the growth of 2, 4-Dichlorobenzyl Alcohol Market are rapid urbanization, booming healthcare sector, and improving standard of living. Robust demand for preservatives and increasing developments in cosmetics & personal care sector is expected to increase the demand for various personal care products, which in turn, is predicted to propel the growth of the market. Additionally, rising disposable income coupled with increasing usage of personal care products to mitigate the harmful effects of pollution, UV rays, and dust are estimated to fuel the growth of the market. However, availability of other cheaper cosmetics products is expected to hinder the growth of the market over the assessment period.
Browse the market data and information spread across 133 pages with 35 data tables and 11 figures of the report “2, 4-Dichlorobenzyl Alcohol Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/2-4-dichlorobenzyl-alcohol-market-4348
Industry News:
September 22, 2017 Market Research Future published a Half-Cooked Research Report on Global 2, 4- Dichlorobenzyl Alcohol Market.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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