Market Overview:
Benzene is an organic compound with the chemical formula C6H6. The benzene molecule consists of six carbon atoms joined in a ring with one hydrogen atom attached to each. Benzene is a colorless and highly flammable liquid with a sweet smell. It is used mainly as an intermediate in the manufacture of chemicals and plastics. The global benzenoid market was valued at US$ XX Mn in 2017 and is expected to grow at a CAGR of X% over 2018-2030, to reach US$XX Mn by 2030. The market growth can be attributed to the increasing demand for benzenoid derivatives from various end-use industries such as soaps & detergents, food & beverage, household products, etc. Asia Pacific accounted for the majority share of the global benzenoid market in 2017 and is expected to maintain its dominance during the forecast period owing to high demand from countries such as China and India.
Product Definition:
A benzenoid molecule is a hydrocarbon molecule that consists of a benzene ring fused to one or more other rings. The benzene ring is a six-carbon aromatic ring with one hydrogen atom attached to each carbon atom. Benzenoid molecules are important in organic chemistry because they are the simplest aromatic molecules and they have many useful properties.
Benzyl Acetate:
Benzyl acetate is an organic compound derived from benzene. It has a fruity smell and is used in perfumes, soaps, cleaners, and air fresheners. Benzyl acetate can also be found in the form of crystals or as a liquid under the name “Flower Power” which is sold for use in scented candles.
Benzoate:
A benzoyl group (C6H5) is attached to the 6 position of the aromatic ring. The most common types of benzoyl compounds are phenol, salicylic acid, and butylbenzoate. Benzoates are used as preservatives in a variety of industries including pharmaceuticals, food & beverages, cosmetics & toiletries and also find application as intermediates for the production of chemicals such as herbicides and pesticides.
Application Insights:
The soaps and detergents application segment led the global market in 2017. The product is widely used for cleaningsewage, hard surfaces, and floors in laundry rooms, bathrooms, kitchens as well as industrial applications. It has excellent disinfectant properties which make it a popular choice among consumers seeking effective cleaners. These factors are expected to drive the product demand over the forecast period.
Household products such as air fresheners and candles also contain benzene derivatives due to their natural sweet fragrance attracting more consumers towards these products over others of its kind globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to be one of the fastest-growing markets for benzoid products, owing to rapid industrialization and urbanization along with increasing disposable income levels. Furthermore, rising demand for personal care products due to growing awareness regarding grooming has led manufacturers in this region to increase their production capacities. This factor is projected to further boost product consumption across various end-use industries such as cosmetics, pharmaceuticals, food & beverages among others during the forecast period.
Europe accounted for a significant share of revenue in 2017 owing both volume.
Growth Factors:
- Increasing demand for benzenoid in various end-use industries such as pharmaceuticals, agrochemicals, and others.
- Benzenoid is used as a precursor to manufacture various drugs and other chemicals.
- Growing demand for benzenoid in emerging countries due to the growth of their economies and rising population.
- Technological advancements that have led to the development of new applications for benzenoids in various industries such as cosmetics, plastics, etcetera which is expected to boost the market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Benzenoid Market Research Report
By Type
Benzyl Acetate, Benzoate, Chloride, Salicylate, Benzaldehyde, Cinnamyl, Vanillin
By Application
Soaps & Detergents, Food & Beverage, Household Products
By Companies
Jayshree Aromatics, Tennants Fine Chemicals, Emerald Kalama Chemical, Lanxess, Valtris Specialty Chemicals, Eternis Fine Chemicals, Tianjin Dacals Chemical, Tianjin Dongda Chemical Group, Firmenich, Premier Group Of Industries, Indukern F&F Ingredients, Kadillac Chemicals, Prakash Chemicals International, Elan Chemical, Symrise, BASF, International Flavors & Fragrances, Axxence Aromatic Gmbh, Solvay, Kao Corporation
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Benzenoid Market Report Segments:
The global Benzenoid market is segmented on the basis of:
Types
Benzyl Acetate, Benzoate, Chloride, Salicylate, Benzaldehyde, Cinnamyl, Vanillin
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
Soaps & Detergents, Food & Beverage, Household Products
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:
- Jayshree Aromatics
- Tennants Fine Chemicals
- Emerald Kalama Chemical
- Lanxess
- Valtris Specialty Chemicals
- Eternis Fine Chemicals
- Tianjin Dacals Chemical
- Tianjin Dongda Chemical Group
- Firmenich
- Premier Group Of Industries
- Indukern F&F Ingredients
- Kadillac Chemicals
- Prakash Chemicals International
- Elan Chemical
- Symrise
- BASF
- International Flavors & Fragrances
- Axxence Aromatic Gmbh
- Solvay
- Kao Corporation
Highlights of The Benzenoid 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:
- Benzyl Acetate
- Benzoate
- Chloride
- Salicylate
- Benzaldehyde
- Cinnamyl
- Vanillin
- By Application:
- Soaps & Detergents
- Food & Beverage
- Household Products
- 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 Benzenoid 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?
A benzenoid is a chemical compound with the formula C6H5CH3.
Some of the major companies in the benzenoid market are Jayshree Aromatics, Tennants Fine Chemicals, Emerald Kalama Chemical, Lanxess, Valtris Specialty Chemicals, Eternis Fine Chemicals, Tianjin Dacals Chemical, Tianjin Dongda Chemical Group, Firmenich, Premier Group Of Industries, Indukern F&F Ingredients, Kadillac Chemicals, Prakash Chemicals International, Elan Chemical, Symrise, BASF, International Flavors & Fragrances, Axxence Aromatic Gmbh, Solvay, Kao Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benzenoid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Benzenoid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Benzenoid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Benzenoid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Benzenoid Market Size & Forecast, 2018-2028
4.5.1 Benzenoid Market Size and Y-o-Y Growth
4.5.2 Benzenoid Market Absolute $ Opportunity
Chapter 5 Global Benzenoid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Benzenoid Market Size Forecast by Type
5.2.1 Benzyl Acetate
5.2.2 Benzoate
5.2.3 Chloride
5.2.4 Salicylate
5.2.5 Benzaldehyde
5.2.6 Cinnamyl
5.2.7 Vanillin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Benzenoid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Benzenoid Market Size Forecast by Applications
6.2.1 Soaps & Detergents
6.2.2 Food & Beverage
6.2.3 Household Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benzenoid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benzenoid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Benzenoid Analysis and Forecast
9.1 Introduction
9.2 North America Benzenoid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Benzenoid Market Size Forecast by Type
9.6.1 Benzyl Acetate
9.6.2 Benzoate
9.6.3 Chloride
9.6.4 Salicylate
9.6.5 Benzaldehyde
9.6.6 Cinnamyl
9.6.7 Vanillin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Benzenoid Market Size Forecast by Applications
9.10.1 Soaps & Detergents
9.10.2 Food & Beverage
9.10.3 Household Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Benzenoid Analysis and Forecast
10.1 Introduction
10.2 Europe Benzenoid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Benzenoid Market Size Forecast by Type
10.6.1 Benzyl Acetate
10.6.2 Benzoate
10.6.3 Chloride
10.6.4 Salicylate
10.6.5 Benzaldehyde
10.6.6 Cinnamyl
10.6.7 Vanillin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Benzenoid Market Size Forecast by Applications
10.10.1 Soaps & Detergents
10.10.2 Food & Beverage
10.10.3 Household Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Benzenoid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Benzenoid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Benzenoid Market Size Forecast by Type
11.6.1 Benzyl Acetate
11.6.2 Benzoate
11.6.3 Chloride
11.6.4 Salicylate
11.6.5 Benzaldehyde
11.6.6 Cinnamyl
11.6.7 Vanillin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Benzenoid Market Size Forecast by Applications
11.10.1 Soaps & Detergents
11.10.2 Food & Beverage
11.10.3 Household Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Benzenoid Analysis and Forecast
12.1 Introduction
12.2 Latin America Benzenoid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Benzenoid Market Size Forecast by Type
12.6.1 Benzyl Acetate
12.6.2 Benzoate
12.6.3 Chloride
12.6.4 Salicylate
12.6.5 Benzaldehyde
12.6.6 Cinnamyl
12.6.7 Vanillin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Benzenoid Market Size Forecast by Applications
12.10.1 Soaps & Detergents
12.10.2 Food & Beverage
12.10.3 Household Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Benzenoid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Benzenoid Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Benzenoid Market Size Forecast by Type
13.6.1 Benzyl Acetate
13.6.2 Benzoate
13.6.3 Chloride
13.6.4 Salicylate
13.6.5 Benzaldehyde
13.6.6 Cinnamyl
13.6.7 Vanillin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Benzenoid Market Size Forecast by Applications
13.10.1 Soaps & Detergents
13.10.2 Food & Beverage
13.10.3 Household Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benzenoid Market: Competitive Dashboard
14.2 Global Benzenoid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jayshree Aromatics
14.3.2 Tennants Fine Chemicals
14.3.3 Emerald Kalama Chemical
14.3.4 Lanxess
14.3.5 Valtris Specialty Chemicals
14.3.6 Eternis Fine Chemicals
14.3.7 Tianjin Dacals Chemical
14.3.8 Tianjin Dongda Chemical Group
14.3.9 Firmenich
14.3.10 Premier Group Of Industries
14.3.11 Indukern F&F Ingredients
14.3.12 Kadillac Chemicals
14.3.13 Prakash Chemicals International
14.3.14 Elan Chemical
14.3.15 Symrise
14.3.16 BASF
14.3.17 International Flavors & Fragrances
14.3.18 Axxence Aromatic Gmbh
14.3.19 Solvay
14.3.20 Kao Corporation
