Press release
Global Benzyl Alcohol Market Size and Forecast to Grow at a CAGR of 5.42% By 2021
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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Benzyl alcohol is a colorless aromatic liquid that is metabolized into benzoic acid in the human body. Oxidation of toluene and hydrolysis of benzyl chloride in the presence of soda ash are two ways of producing benzyl alcohol. It is a natural ingredient found in plants, fruits, and tea. Essential oils such as jasmine, ylang-ylang, and hyacinth are used in the production of benzyl alcohol. It is used in numerous end-user industries such as personal care, paints and coatings, food and beverage (F&B), and pharmaceutical. It is widely used as an intermediate in the production of chemicals. Increasing demand for benzyl alcohol in personal care products and the growing demand for excipients are anticipated to drive growth in the global benzyl alcohol market during the forecast period.
Technavios analysts forecast the global benzyl alcohol market to grow at a CAGR of 5.42% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global benzyl alcohol market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of paints and coatings, personal care, pharmaceutical, and others.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Benzyl Alcohol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Emerald Performance Materials
Gujarat Alkalies and Chemicals
INEOS
LANXESS
Merck
Other prominent vendors
Company
Capri Enterprise
Charkit Chemical
Elan-Chemical
Expo Essential Oils
First Source Worldwide
Haihang Industry
Haviland USA
Hydrite Chemical
Innova Chemicals
Krishna Chemicals
PHARMCO-AAPER
Premier Group
Shimmer Chemicals
SOVIKA GROUP OF COMPANIES
Sudha Chemicals
TCI Chemicals
The Chemical Company
Triveni Interchem
Vigon International
Market driver
Role of benzyl alcohol as a preservative and flavoring agent
For a full, detailed list, view our report
Market challenge
Harmful effects of benzyl alcohol
For a full, detailed list, view our report
Market trend
Increasing use of benzyl alcohol in personal care products
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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