Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Benzyl Cyanide Market by Type (Industrial Grade Benzyl Cyanide, Medical Grade Benzyl Cyanide, Other), By Application (Agrochemical, Pharmaceuticals, Perfumes and Fragrances, Dye) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Benzyl Cyanide Market by Type (Industrial Grade Benzyl Cyanide, Medical Grade Benzyl Cyanide, Other), By Application (Agrochemical, Pharmaceuticals, Perfumes and Fragrances, Dye) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 142412 3300 Chemical & Material 377 231 Pages 4.6 (46)
                                          

Market Overview:


Benzyl cyanide is an organic compound with the formula C6H5CH2CN. It is a colorless liquid that is soluble in water and ethanol. Benzyl cyanide has a sweet smell and is used in the manufacture of some types of perfume. It can also be used as an agricultural pesticide or as a pharmaceutical intermediate. The global benzyl cyanide market was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030, registering a CAGR of X% during the forecast period (2018-2030). The global benzyl cyanide market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into industrial grade benzyl cyanide, medical grade benzyl cyanide, and other grades. Industrial grade benzyl cyanide accounted for majority share in terms of revenue in 2017 owing to its widespread use across various industries such as agrochemical, pharmaceuticals etc.


Global Benzyl Cyanide Industry Outlook


Product Definition:


Benzyl cyanide is an organic compound with the formula C6H5CH2CN. It is a colorless liquid that is slightly soluble in water. It is mainly used as a precursor to other chemicals.


Industrial Grade Benzyl Cyanide:


Industrial grade benzyl cyanide is a colorless and highly toxic liquid with pungent odor. It is soluble in alcohol, ether, acetone and water. Industrial grade benzyl cyanide has applications as chemical intermediate for the production of chemicals such as phenols & cresols, dyes & pigments and pharmaceuticals.


Medical Grade Benzyl Cyanide:


Benzyl cyanide is a chemical compound which is primarily used in laboratories for research purposes. It has high usage rates in the pharmaceutical industry as an intermediate for manufacturing medicines and other chemicals. The product also finds application as a precursor to vitamin C, which is widely used in dietary supplements and food products.


The medical industry has witnessed rapid growth over the past decade or so due to technological advancements coupled with rising health awareness among individuals across the globe.


Application Insights:


The demand for benzyl cyanide is expected to witness growth in the agrochemical industry as well as in the pharmaceutical industry. In terms of revenue, agrochemical application dominated the benzyl cyanide market with a share of 33.1% in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. The segment growth can be attributed towards increasing use of BZC based products such as crop protection chemicals and fertilizers across various agriculture activities globally, especially in developing countries like India and China where agricultural production accounts for almost half of the country¢â‚¬â„¢s GDP identity making it one of the largest contributor to its overall economy along with services sector which includes IT & telecom, business services, tourism etc.


Regional Analysis:


North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of numerous pharmaceutical and agrochemical companies, which are majorly responsible for increasing demand for BZC across this region. Moreover, growing concerns regarding environmental pollution have resulted in stringent regulations being imposed on manufacturing industries by regulatory bodies such as U.


Asia Pacific is expected to witness significant growth during the forecast period owing to rapid industrialization coupled with expansion of end-use industries such as dyes & pigments and pharmaceuticals across emerging economies including China, India, Indonesia etc.


Growth Factors:


  • Increasing demand for Benzyl Cyanide in agrochemical and pharmaceutical industries as a precursor to various drugs and pesticides.
  • Growing demand from the flavor and fragrance industry as a flavoring agent in food products, beverages, cosmetics, etc.
  • Rising use of Benzyl Cyanide in the production of plastics and other synthetic polymers
  • Rapid growth of the automotive industry worldwide which is resulting in increased demand for Benzyl Cyanide as an additive to gasoline fuels

Scope Of The Report

Report Attributes

Report Details

Report Title

Benzyl Cyanide Market Research Report

By Type

Industrial Grade Benzyl Cyanide, Medical Grade Benzyl Cyanide, Other

By Application

Agrochemical, Pharmaceuticals, Perfumes and Fragrances, Dye

By Companies

Benzochem Industries, SynQuest Laboratories, Anjanee Chemical Industries, Danyang Wanlong Chemical, Premier Group, Vitas-M Laboratory, LGC Standards, MP Biomedicals, Angene Chemical, TimTec, Finetech Industry, Qiaoji Group

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Benzyl Cyanide Market Report Segments:

The global Benzyl Cyanide market is segmented on the basis of:

Types

Industrial Grade Benzyl Cyanide, Medical Grade Benzyl Cyanide, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Agrochemical, Pharmaceuticals, Perfumes and Fragrances, Dye

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Benzochem Industries
  2. SynQuest Laboratories
  3. Anjanee Chemical Industries
  4. Danyang Wanlong Chemical
  5. Premier Group
  6. Vitas-M Laboratory
  7. LGC Standards
  8. MP Biomedicals
  9. Angene Chemical
  10. TimTec
  11. Finetech Industry
  12. Qiaoji Group

Global Benzyl Cyanide Market Overview


Highlights of The Benzyl Cyanide Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Industrial Grade Benzyl Cyanide
    2. Medical Grade Benzyl Cyanide
    3. Other
  1. By Application:

    1. Agrochemical
    2. Pharmaceuticals
    3. Perfumes and Fragrances
    4. Dye
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Benzyl Cyanide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Benzyl Cyanide Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Benzyl cyanide is a colorless, volatile liquid with a sweet odor. It is used as an industrial chemical and to make plastics.

Some of the major players in the benzyl cyanide market are Benzochem Industries, SynQuest Laboratories, Anjanee Chemical Industries, Danyang Wanlong Chemical, Premier Group, Vitas-M Laboratory, LGC Standards, MP Biomedicals, Angene Chemical, TimTec, Finetech Industry, Qiaoji Group.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Benzyl Cyanide Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Benzyl Cyanide Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Benzyl Cyanide Market - Supply Chain
   4.5. Global Benzyl Cyanide Market Forecast
      4.5.1. Benzyl Cyanide Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Benzyl Cyanide Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Benzyl Cyanide Market Absolute $ Opportunity

5. Global Benzyl Cyanide Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Benzyl Cyanide Market Size and Volume Forecast by Type
      5.3.1. Industrial Grade Benzyl Cyanide
      5.3.2. Medical Grade Benzyl Cyanide
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Benzyl Cyanide Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Benzyl Cyanide Market Size and Volume Forecast by Application
      6.3.1. Agrochemical
      6.3.2. Pharmaceuticals
      6.3.3. Perfumes and Fragrances
      6.3.4. Dye
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Benzyl Cyanide Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Benzyl Cyanide Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Benzyl Cyanide Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Benzyl Cyanide Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Benzyl Cyanide Demand Share Forecast, 2019-2026

9. North America Benzyl Cyanide Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Benzyl Cyanide Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Benzyl Cyanide Market Size and Volume Forecast by Application
      9.4.1. Agrochemical
      9.4.2. Pharmaceuticals
      9.4.3. Perfumes and Fragrances
      9.4.4. Dye
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Benzyl Cyanide Market Size and Volume Forecast by Type
      9.7.1. Industrial Grade Benzyl Cyanide
      9.7.2. Medical Grade Benzyl Cyanide
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Benzyl Cyanide Demand Share Forecast, 2019-2026

10. Latin America Benzyl Cyanide Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Benzyl Cyanide Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Benzyl Cyanide Market Size and Volume Forecast by Application
      10.4.1. Agrochemical
      10.4.2. Pharmaceuticals
      10.4.3. Perfumes and Fragrances
      10.4.4. Dye
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Benzyl Cyanide Market Size and Volume Forecast by Type
      10.7.1. Industrial Grade Benzyl Cyanide
      10.7.2. Medical Grade Benzyl Cyanide
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Benzyl Cyanide Demand Share Forecast, 2019-2026

11. Europe Benzyl Cyanide Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Benzyl Cyanide Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Benzyl Cyanide Market Size and Volume Forecast by Application
      11.4.1. Agrochemical
      11.4.2. Pharmaceuticals
      11.4.3. Perfumes and Fragrances
      11.4.4. Dye
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Benzyl Cyanide Market Size and Volume Forecast by Type
      11.7.1. Industrial Grade Benzyl Cyanide
      11.7.2. Medical Grade Benzyl Cyanide
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Benzyl Cyanide Demand Share, 2019-2026

12. Asia Pacific Benzyl Cyanide Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Benzyl Cyanide Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Benzyl Cyanide Market Size and Volume Forecast by Application
      12.4.1. Agrochemical
      12.4.2. Pharmaceuticals
      12.4.3. Perfumes and Fragrances
      12.4.4. Dye
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Benzyl Cyanide Market Size and Volume Forecast by Type
      12.7.1. Industrial Grade Benzyl Cyanide
      12.7.2. Medical Grade Benzyl Cyanide
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Benzyl Cyanide Demand Share, 2019-2026

13. Middle East & Africa Benzyl Cyanide Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Benzyl Cyanide Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Benzyl Cyanide Market Size and Volume Forecast by Application
      13.4.1. Agrochemical
      13.4.2. Pharmaceuticals
      13.4.3. Perfumes and Fragrances
      13.4.4. Dye
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Benzyl Cyanide Market Size and Volume Forecast by Type
      13.7.1. Industrial Grade Benzyl Cyanide
      13.7.2. Medical Grade Benzyl Cyanide
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Benzyl Cyanide Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Benzyl Cyanide Market: Market Share Analysis
   14.2. Benzyl Cyanide Distributors and Customers
   14.3. Benzyl Cyanide Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Benzochem Industries
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. SynQuest Laboratories
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Anjanee Chemical Industries
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Danyang Wanlong Chemical
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Premier Group
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Vitas-M Laboratory
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. LGC Standards
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. MP Biomedicals
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Angene Chemical
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. TimTec
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Finetech Industry
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Qiaoji Group
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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