Benzaldehyde Market Analysis Report, Regional Outlook 2017-2024
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Global Benzaldehyde Market Size is currently developing and is likely to grow at an exponential rate in future years owing to its increasing acceptance in manufacturing fragrances. Benzaldehyde is a colorless liquid with a pleasant almond aroma and is the simplest form of organic compound prepared by the oxidation of benzal chloride or treating toluene with an alkali such as sodium hydroxide.
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Product usage as a precursor in pharmaceuticals is expected to drive the global benzaldehyde market demand. Pharmaceutical industry is growing rapidly owing to new developments and inventions in medicines. Growing awareness about these developments and increasing affordability of the global population will enhance the product demand in pharmaceuticals.
The benzaldehyde market will also be driven by the growing demand in the aroma chemicals industry. Use of aroma chemicals in fragrances, flavors, and odorants in increasing owing to the rise in awareness of personal grooming and personal care. The aroma chemicals market in the U.S. is likely to grow around 5% CAGR from 2017 to 2024.
The Benzaldehyde Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Benzaldehyde Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Benzaldehyde Product Insights
5. Benzaldehyde Application Insights
6. Benzaldehyde Regional Insights
7. Competitor Profiles
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Following the Asia Pacific is the European Region. Due to the mature market in Europe, the benzaldehyde market demand is anticipated to remain flat. For the North American region, benzaldehyde market is likely to depict a slow growth as no significant innovation has been reported in the last few years.
The major players operating in benzaldehyde market include Haihang Industries Co. Ltd, Gujarat Alkalies and Chemicals, Jiangsu Jiamai Chemical, Shijiazhuang Chemical Industry, Tokyo Chemical Industry, Jiangsu Jiujiu Jiu Technology, Lanxess, LCC, Emeralds Performance Materials, Chematek, Shimmer Chemicals, Lianyungang Taile Chemical, Kadillac Chemicals Pvt. Ltd, Merck KGaA, Wuhan Dico Chemical to name a few.
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About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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