Press release
Benzoic Acid Market Set to Surge: Demand in Food Preservation, Pharmaceuticals, and Plastics Drives Robust Growth 2025 | Top key players - LANXESS, Eastman Chemical Company, Merck KGaA.
The Global Benzoic Acid Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.The Benzoic Acid Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Benzoic Acid Market encompasses the global production, distribution, and consumption of benzoic acid, a versatile aromatic carboxylic acid used primarily as a food preservative, in alkyd resins, plasticizers, and pharmaceuticals. Driven by demand in food safety, packaging, and industrial applications, the market includes key manufacturers, supply chains, regulatory frameworks, and evolving trends influencing pricing and consumption worldwide.
Prominent Industry players in the Benzoic Acid Market
The prominent players in Benzoic Acid market research report are: LANXESS, Eastman Chemical Company, Merck KGaA, IG Petrochemicals Ltd. (IGPL), Chemcrux Enterprises Ltd, Wuhan Youji Industries Co., Tianjin Dongda Chemical Group, ITW Reagents Division, The Chemical Company, and Sinteza SA, among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Industry News of USA:
✅ 2025: Major U.S. food & beverage manufacturers have increased the adoption of benzoic acid as a preservative in new ready-to-drink beverage lines, driven by rising consumer demand for longer shelf-life products.
✅ 2024: A leading U.S.-based chemical company expanded its benzoic acid production capacity to meet the growing demand from the plastics and resins industry, aiming to reduce supply chain gaps and import dependence.
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Market Segments Covered in Benzoic Acid:
By Source: Natural, Synthetic.
By Grade: Food Grade, Pharma Grade, Others.
By Application: Benzoates (Sodium Benzoate, Benzyl Benzoate), Benzoyl Chloride, Benzoyl Peroxide, Alkyd Resins, Others.
By End-User: Food & Beverages, Pharmaceutical, Personal Care & Cosmetics, Agriculture, Chemical, Others.
The Benzoic Acid industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered in Benzoic Acid Market:
The global Benzoic Acid Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Benzoic Acid Market?
✒ Who are the prominent players in the Benzoic Acid Market?
✒ How is the regulatory landscape affecting the Benzoic Acid Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Benzoic Acid Market?
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This report analyzes the global benzoic acid market by derivative (alkyl benzene, cumene, cyclohexane, ethyl benzene, nitro benzene and others) and region; it also studies the top manufacturers in the market.
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The major players in global benzoic acid market include:
• Hebei Smart Chemicals Co.,Ltd (China)
• Emerald Performance Materials LLC (U.S.)
• Novaphene specialties pvt ltd (India)
• Shri Hari Chemicals (India)
• Chemcrux Enterprises (India)
• Apollo Scientific (UK)…