Benzyl Chloride Market in North America to record a substantial growth by 2025

A detailed evaluation of the popular trends prevalent in the benzyl chloride market has been given in the report, in tandem with the microeconomic pointers and regulatory mandates. With this analysis, the report projects the lucrativeness of every market segment over the forecast period, 2020-2025.

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North America led by market led by Mexico, Canada and the U.S. benzyl chloride market size is likely to experience growth over the estimated timeframe. Perfume and fragrance industry are on the rise owing to lifestyle changes and integration of healthcare with fragrance industry. Rising demand for perfumes and fragrance sector would boost regional product demand in forecast timeframe.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

Europe led by led by Spain, France, Germany and U.K. benzyl chloride market size might experience significant growth owing to product application in disinfectant market. Mentorship from International Federation of Infection Control (IFIC), World Health Organization (WHO), and Centre for Disease Control and Production (CDCP) to prevent spread of infectious disease positively influences the disinfectant market. The Europe surface disinfectant market is projected to surpass USD 270 million by 2024 thereby driving market size.

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Asia Pacific led by Japan, India and China benzyl chloride market size is likely to experience significant growth over the estimated timeframe. Rising demand for chemical and pharmaceutical products may favor industry growth. Growing paints and coating industry owing to government spending on infrastructure will further boost market size.

U.S. government has classified the product as extremely hazardous substance and have regulation norms pertaining to its production storage and usage. Precautionary measures are required to observe when handling the product as it may cause irritation to eyes, breathing problems and throat infections. It is also known to release phosgene gas which is poisonous in nature. These factors may culminate to adversely affect benzyl chloride market size.

Company Profiles:

1. Lanxess
2. Nippon Light Metal
3. Jiangsu Jiamai Chemical Company Limited
4. Ineos
5. Jiangsu Yuanyang Pharmaceutical Company Limited
6. Xintai Lanhe
7. Hubei Phoenix Chemical Company Limited
8. Jiangyin Jianheng

Benzyl esters are product derivatives which are used in scents including strawberry rose and banana owing to its property to carry pleasant aroma in light weight molecules. Growing awareness regarding beauty care products combined with lifestyle change is likely to drive global perfume and fragrance market size, which in turn will drive benzyl chloride market size.

By Application, 2014-2025

o Polymer reagent
o Plasticizing agent
o Anti - Bacterial
o Disinfectant
o Fragrant
o Others

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Benzyl alcohol is produced from hydrolysis of product with sodium hydroxide in a salt elimination reaction. It is used as a solvent epoxy resin coatings, inks, waxes and paints owing to its superior property of viscosity enhancer which allows mixtures to cling on paint surfaces. Global paint and coating markets is likely to grow over USD 165 million by 2022 owing to rising demand from growing infrastructure and automobile industry. These factors could positively influence benzyl chloride market size with growing demand from paint and coatings industry.

Key questions answered in the report:

o What will be the market demand, size, share, and consumption between 2020 to 2025?
o What will the growth rate of benzyl chloride market?
o What was the status of this market worldwide during the past years?
o What are the key factors that will drive the benzyl chloride market?
o What are the risks, opportunities, and the overview of benzyl chloride industry?

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