Benzyl Chloride Market- Industry Insights, Influencing Factors, Market Growth & Outlook (2016-2028) | Top Key Players- Bayer AG, Atochem, Valtris, LANXESS

According to the latest report by Quince Market Insights, the market size of Benzyl Chloride is projected to boost during the forecast period, due to its growing use in pharmaceutical products, solvents, flavours, perfumes and in personal care. It is also widely used in plasticizers, surfactants, and sanitizing agents that further propelling the growth of the market.

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Know more about Benzyl chloride and its chemistry and uses-

Benzyl chloride is a component of substituted benzenes. These are aromatic compounds in nature, with one or more positions substituted with benzene on the ring structure. It is a colorless liquid with a pungent odor and is naturally poisonous. It has a 234 K melting point and a 452 K (K Kelvin) point. It is used as a reagent to shield amines, alcohols, from benzyl.
Benzyl chloride is also used in production of benzyl alcohol which is an excellent lice treatment solution. According to researchers, almost 50% of benzyl chloride produced annually is used in the synthesis of benzene containing compounds

Strategic Factors Impacting Market Growth:

o Rise of demand from the Pharmaceutical Industry

o Increasing health hazards due to the release of phosgene may hamper the growth of the market

Regional segmentation and analysis to understand growth patterns

Based on the region, the benzyl chloride market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Some of the major markets in North America and Western Europe are also typical suppliers of chemicals such as specialty chemicals, bulk chemicals etc. Main North American and Western European firms are headquartered in this region. This area has witnessed the number of transformations from end-use industries regarding the production of chemicals and their respective applications. In designing the green alternatives in these areas, preference for bio-based feedstock has been instrumental. In addition, regulatory bodies have placed strict guidelines on environmental concerns and potential health risks related to exposures. This has been more influential in the dynamic Western Europe region.Some of the major economies in these regions includes the US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and the Middle East to witness a high demand for Benzyl Chloride
During the forecast period, the Asia Pacific and the Middle East are expected to experience significant growth in the benzyl chloride industry. This demand concerns the growth of major end-use industries including Manufacturing, Maritime, and Automotive, Building and Infrastructure and others. Big Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc.

The Middle East is comprised of the UAE, Saudi Arabia, Iran, Israel, Egypt, etc. With operations by major chemical giants in the region, Eastern Europe was controlled mainly by Russia and Turkey. Rest the world which includes South America and Africa has a strong potential for the demand of benzyl chloride.Global companies have steadily invested in these regions to improve their presence and to access the potential market. Benzyl chloride industry major economies in these regions include Brazil, South Africa, Nigeria, Argentina, Colombia and others.

Major companies playing a crucial role in the growth of this market are: Hodogaya, Kureha, Mosanto, Company E, Bayer AG, Atochem, Valtris, LANXESS, Gujarat Alkalies and Chemicals, FessenderloChimiesa, Jiangsu ShuanglingHuagongTaile Chemical.

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Market Segmentation:

By Type:
o Benzyl Alcohol
o Benzyl Cyanide
o Benzyl Quaternary Ammonium Compound
o Benzyl Phthalate
o Benzyl Ester
o Others

By Application:
o Plasticizer
o Flavorant
o Surfactant
o Sanitizing Agent
o Others

By End-Use Industry:
o Food & Beverage
o Healthcare
o Consumer
o Water & Wastewater Treatment

By Region:
North America
o By Country (US, Canada, Mexico)
o By Type
o By Application
o By End-Use Industry

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Application
o By End-Use Industry

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Application
o By End-Use Industry

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Application
o By End-Use Industry

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Application
o By End-Use Industry

Rest of the World
o By Region (South America, Africa)
o By Type
o By Application
o By End-Use Industry

Reasons To Buy This Report:
o Market size estimation of the global benzyl chloride market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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