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.
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:
- 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
Highlights of The Benzyl Cyanide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade Benzyl Cyanide
- Medical Grade Benzyl Cyanide
- Other
- By Application:
- Agrochemical
- Pharmaceuticals
- Perfumes and Fragrances
- Dye
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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