Benzaldehyde Market Structure, Competitive Landscape, Business Boosting Strategies, Current Scenario, Forecast to 2022
The Global Benzaldehyde Market has been evaluated as steady growing market and expected that the market will reach high growth figures. Benzaldehyde is colorless liquid with almond fragrance as it can be extracted from cherry stone and almond using enzyme. The benzaldehyde produced by oxidation of toluene or treating benzyl chloride with alkali. Air oxidation of toluene uses liquid phase process to extract synthetic benzaldehyde. With increase in usage of benzaldehyde in wide area of application like pharmaceutical, aroma chemicals and agrochemical industries are propelling the growth of benzaldehyde market.
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This is attributed due to growing end user industries, improving infrastructure and wide application. Government regulation regarding the usage of chemicals industries will hamper the market. North America is expected to show steady growth due to steady innovation in benzaldehyde and saturation of application industries. Europe is expected to be slow market as usage of certain chemicals in industries is prohibited by government.
The Global Benzaldehyde Market is majorly segmented based on derivatives and application. Based on derivatives, the market is segmented into cinnamic acid, benzoic acid, sodium benzoate, benzyl alcohol and others. Further based on application the market is classified into dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals and others.
Global Benzaldehyde Market Players:
The major participants of this market are:
- Emerald Performance Materials LLC
- Gujarat Alkalies and Chemicals Limited
- LANXESS AG, Kadillac Chemicals Pvt Ltd
- Jiangsu Jiamai Chemical Co. Ltd
- Wuhan Dico Chemical Co. Ltd
- Penta S.R.O
- Taj Pharmaceutical Limited.
Global Benzaldehyde Market is projected to reach USD 282.7 million by 2022 with 3.56% CAGR during review period of 2016-2022
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Asia-Pacific accounted for largest share due to growing application industries in this region
Benzaldehyde market is consolidated in the developed regions with limited number of manufacturers dominating the market, whereas, in the developing markets the market is fragmented with dominance of small manufacturers from the Asia-Pacific region.
Table of Contents:
1 Report Prologue
2 Scope of The Report
2.1 Market Definition 16
2.2 Scope Of The Study 16
2.2.1 Research Objectives 16
3 Research Methodology
3.1 Research Process 19
3.2 Primary Research 20
3.3 Secondary Research 20
4 Market Dynamics
4.1 Introduction 23
4.2 Drivers 24
4.3 Restraints 26
5 Market Factor Analysis
5.1 Supply Chain Analysis 30
5.1.1 Raw Material Suppliers 31
5.1.2 Benzaldehyde Producers 31
5.1.3 Benzaldehyde Distributors 31
To Be Continue….
List of Tables:
Table 1 Global Benzaldehyde Market, By Derivative, 2016-2022 (Usd Million) 35
Table 2 Global Benzaldehyde Market, By Derivative, 2015-2022 (Kt) 36
Table 3 Global Benzoic Acid Market for Benzaldehyde, By Regions (2014-2022) (Usd Million) 36
Table 4 Global Benzoic Acid Market for Benzaldehyde, By Regions (2014-2022) (Kt) 37
To Be Continue……
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