Press release
Benzyl Alcohol Industry Expected to Reach $4.43 Billion by 2029 at 5.7% CAGR
Benzyl Alcohol
Benzyl Alcohol Market Value Projection: How Much Will the Market Size by 2025?
In recent years, the benzyl alcohol market has experienced substantial growth. Expected to rise from $3.36 billion in 2024 to $3.54 billion in 2025, the market is projected to have a compound annual growth rate (CAGR) of 5.3%. Factors contributing to the growth during the historic period include enhanced food product shelf life, heightened use of benzyl alcohol in the creation of epoxy resins, an increase in demand from end-user industries, expansion in the construction sector, and a growing emphasis on natural products.
What Will Be the Market Growth Forecat for Benzyl Alcohol in 2029?
Significant expansion is projected for the benzyl alcohol market in the coming years, with the expectation to rise to $4.43 billion in 2029, maintaining a compound annual growth rate (CAGR) of 5.7%. This growth trajectory during the forecast period is due to factors such as an expanding requirement in the pharmaceutical sector, burgeoning demand for cosmetics and personal care items, a surge in need for paints and coatings, an expanded customer network for benzyl alcohol, and elevated need from the food and drinks industry. Key trends for the forecasting period comprise the development of eco-friendly products, technological progression, product innovation, research and diagnostic applications, incorporation into food packaging and personal care items, the cultivation of bio-based substitutes, and technological methodologies for enhancing stability.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/benzyl-alcohol-global-market-report
What Are the Core Competitive Drivers in the Benzyl Alcohol Industry?
The growth of the benzyl alcohol market is anticipated to be driven by the escalating demands for cosmetics and personal care items. These products, which include applications for skin, hair, nails, lips, and oral cavity, are witnessing a surge in demand due to a focus on self-care, influencer promotion, advancements in formulations, and a preference for natural ingredients. Benzyl alcohol plays an essential role in personal care and cosmetics, ensuring their safety, stability, efficiency, and offers skin conditioning and scent-enhancing attributes to improve customer experience. For instance, as reported by the US-based Bureau of Labor Statistics in September 2023, the market for personal care products and services experienced a growth of 12.3% in 2022, up from 19.3% in 2021. As a result, the rising demand for cosmetics and personal care goods is propelling the benzyl alcohol market's expansion.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15991&type=smp
Which Benzyl Alcohol Market Segment Is Projected to See the Fastest Growth?
The benzyl alcohol market covered in this report is segmented -
1) By Product: Industrial Grade, Food Grade, Pharmaceutical Grade, Other Products
2) By Application: Dielectric Solvent, Bacteriostatic Preservative, Cleaning Agent, Epoxy Resins, Synthetic Solvent, Other Applications
3) By End User: Food And Beverages, Paints And Coating, Pharmaceuticals, Other End-Users
Subsegments:
1) By Industrial Grade: Solvent For Paints And Coatings, Adhesives And Sealants, Plasticizers, Cleaning Agents, Lubricants
2) By Food Grade: Food Flavoring Agent, Preservative, Fragrance In Food Products
3) By Pharmaceutical Grade: Solvent In Pharmaceutical Formulations, Active Pharmaceutical Ingredient (API), Excipients For Drug Delivery Systems
4) By Other Products: Cosmetic And Personal Care Products, Fragrance Compounds, Agricultural Chemicals
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=15991&type=smp
Who Are the Leaders in the Benzyl Alcohol Market?
Major companies operating in the benzyl alcohol market are The Dow Chemical Company, Thermo Fisher Scientific Inc., Honeywell Research Chemicals, Merck KGaA, Evonik Industries AG, LANXESS, Avantor Inc., Elan Chemical, Croda International plc, Ashland, Valtris Specialty Chemicals, Ineos Group Limited, Liaoning Kelong Fine Chemical Co. Ltd., Pharmco by Greenfield Global, Connect Chemicals, Santa Cruz Biotechnology Inc., Wuhan Youji Industries Co. Ltd., Finar Limited, Tokyo Chemical Industry Co. Ltd., Emerald Performance Materials, Richman Chemical Inc., Aims Oxygen Pvt Ltd., Shimmer Chemicals Pvt. Ltd., Wuhan Biet Co. Ltd., Heranba Industries Ltd.
Which Regional Benzyl Alcohol Markets Offer the Greatest Growth Potential?
North America was the largest region in the benzyl alcohol market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the benzyl alcohol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Benzyl Alcohol Industry Expected to Reach $4.43 Billion by 2029 at 5.7% CAGR here
News-ID: 4162225 • Views: …
More Releases from The Business Research Company
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the M …
The meal replacement market is gaining significant momentum as consumer preferences shift toward convenient and health-focused nutrition solutions. With rising awareness about preventive healthcare and personalized diets, this sector is set for considerable expansion. Let's explore how the market size is expected to evolve, who the key players are, emerging trends, and the main segments driving this growth.
Projected Growth Trajectory of the Meal Replacement Market Size
The meal replacement…
Leading Companies Reinforcing Their Presence in the Malted Barley Market
The malted barley industry is positioned for steady expansion as demand grows across various sectors. With increasing interest from craft brewers and functional food producers, this market is set to experience meaningful growth driven by innovation and sustainability efforts. Let's dive into the current market size, key players shaping the industry, trends influencing its trajectory, and detailed segment insights.
Projected Market Size and Growth Outlook of the Malted Barley Market …
Future Perspective: Key Trends Shaping the Low-calorie Food Market up to 2030
The low-calorie food market is poised for significant expansion as consumer preferences shift toward healthier eating habits and more personalized nutrition options. Advances in product innovation and supportive regulatory frameworks are expected to drive rapid growth over the coming years. Here's an overview of the market size, key players, emerging trends, and segmentation shaping this evolving industry.
Projected Expansion of the Low-calorie Food Market Size Through 2030
The low-calorie food…
Competitive Landscape: Leading Companies and New Entrants in the Liquid Nutritio …
The liquid nutritional supplement sector is on the rise, driven by evolving consumer preferences and innovations in health and wellness. With growing awareness about personalized nutrition and preventive healthcare, this market is set to witness substantial growth over the coming years. Let's explore the market's projected size, major players, emerging trends, and key segments shaping this dynamic industry.
Projected Market Value and Growth Trajectory of the Liquid Nutritional Supplement Market …
More Releases for Benzyl
How to Setup a Benzyl Alcohol Manufacturing Plant
Setting up a benzyl alcohol manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Benzyl Alcohol Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a benzyl alcohol…
Benzyl Chloride Price Trend Report: Analysis and Forecast
Benzyl chloride, a widely used chemical compound, plays a significant role in various industries, including pharmaceuticals, agrochemicals, and fragrances. It is primarily used as a chemical intermediate in the production of other substances such as benzyl alcohol, benzyl quaternary ammonium compounds, and benzyl esters. Due to its extensive applications, the price of benzyl chloride is influenced by a range of market factors. This report delves into the price trends of…
Benzyl Cyanide Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Benzyl Cyanide Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Benzyl Cyanide players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Benzyl Cyanide with respect to individual growth…
Benzyl Alcohol Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Benzyl Alcohol Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Benzyl Alcohol players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Benzyl Alcohol with respect to individual growth…
Global Benzyl Alcohol Market to 2025| Parchem, Emerald Performance Materials, KH …
This research report titled “Global Benzyl Alcohol Market” Insights, Forecast to 2025 has been added to the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the Benzyl Alcohol Market during the period between 2018 and 2025. The concerned sector is analyzed based on different market factors including drivers, restraints and opportunities in order to…
Global Benzyl Benzoate Market Outlook 2016-2021
Global Benzyl Benzoate Market 2016 Market Research Report is a professional and in-depth study on the current state of the Benzyl Benzoate industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Benzyl Benzoate market analysis is provided for the China markets including development trends, competitive landscape analysis, and key regions development status.
The Benzyl Benzoate report is offers a clear picture of…
