Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Benzyl Acetate Market by Type (98% Purity, 99% Purity), By Application (Soap, Daily Cosmetic Fragrance, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Benzyl Acetate Market by Type (98% Purity, 99% Purity), By Application (Soap, Daily Cosmetic Fragrance, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 351269 4200 Chemical & Material 377 205 Pages 4.8 (40)
                                          

Market Overview:


Benzyl acetate is an organic compound with the formula C6H5CH2OOCCH3. It is a colorless liquid that is soluble in water and has a sweet, floral odor. Benzyl acetate occurs naturally in many flowers and fruits. It is used as a flavor and fragrance agent, and as a solvent in some pharmaceuticals.


Global Benzyl Acetate Industry Outlook


Product Definition:


Benzyl acetate is an organic compound with the formula C6H5CH2OOCCH3. It is the ester of benzyl alcohol and acetic acid. It is a colorless liquid that is used in flavorings and perfumes.


98% Purity:


98% purity is a very high level of purity, which means that there are less than 2% other compounds present in the final product. It is used as an intermediate in manufacturing various chemicals such as alkyl acetates, phenylalanine, and salicylic acid.


99% Purity:


Benzyl acetate is a colorless liquid that has a strong odor similar to that of vanilla. It is soluble in benzene, ethanol, and water. Benzyl acetate is manufactured by the chemical reaction between propionic acid and acrylonitrile.


Application Insights:


The other application segment includes cosmetics, soaps and daily fragrance. Soap was the largest application of benzyl acetate with a volume share of over 40% in 2017. The product is widely used in manufacturing liquid soaps due to its antibacterial property which helps fight off infections caused by bacteria including staphylococcus and salmonella. It is also used as an ingredient for making solid bar soap due to its superior moisturizing properties which help keep skin soft. Rising health awareness among consumers coupled with rising demand for organic products are expected to drive the market growth over the forecast period.


Cosmetics manufacturers use benzyl acetate as an important raw material for producing several cosmetic products such as perfumes, colognes, hair sprays and room fresheners that are highly popular across the globe owing to their pleasant scent & high quality ingredients respectively they contain (benzyl acetate).


Regional Analysis:


North America was the largest market for benzyl acetate with a share of over 40.0% in 2017. The region is expected to witness steady growth over the forecast period owing to increasing demand from various application industries such as soaps, personal care products, and fragrances. Increasing consumer preference for natural based products due to growing concerns regarding skin allergies is anticipated to drive product demand in this region.


Asia Pacific is projected to be one of the fastest-growing markets with a CAGR of XX% during the forecast period on account of rapid industrialization and rising per capita income levels in emerging economies such as China.


Growth Factors:


  • Increasing demand for Benzyl Acetate in various end-use industries such as cosmetics, flavors and fragrances, pharmaceuticals, and others is expected to drive the market growth.
  • Rising awareness about the benefits of Benzyl Acetate is another key factor that is anticipated to fuel the market growth in the near future.
  • Growing research and development activities for new applications of Benzyl Acetate are projected to create lucrative opportunities for the market players in years to come.
  • The increasing use of Benzyl Acetate as a precursor for manufacturing other chemicals is likely to propel its demand over the forecast period. 5) Stringent environmental regulations regarding VOC emissions are likely to hamper market growth during the forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Benzyl Acetate Market Research Report

By Type

98% Purity, 99% Purity

By Application

Soap, Daily Cosmetic Fragrance, Other

By Companies

Tianjin Dongda Chemical Group, Wuhan Organic Industry, Fujian Green Pine, LANXESS Chemical, Givaudan, Symrise, Firmenich

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

205

Number of Tables & Figures

144

Customization Available

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


Global Benzyl Acetate Market Report Segments:

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

Types

98% Purity, 99% Purity

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

Soap, Daily Cosmetic Fragrance, Other

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. Tianjin Dongda Chemical Group
  2. Wuhan Organic Industry
  3. Fujian Green Pine
  4. LANXESS Chemical
  5. Givaudan
  6. Symrise
  7. Firmenich

Global Benzyl Acetate Market Overview


Highlights of The Benzyl Acetate 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. 98% Purity
    2. 99% Purity
  1. By Application:

    1. Soap
    2. Daily Cosmetic Fragrance
    3. Other
  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 Acetate 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
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  • Identifying Appropriate Advertising Appeals

Global Benzyl Acetate 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 acetate is a chemical compound with the formula C6H5COOCH3. It is an ester of benzyl alcohol and acetic acid, and is used in cosmetics, pharmaceuticals, and other products.

Some of the major companies in the benzyl acetate market are Tianjin Dongda Chemical Group, Wuhan Organic Industry, Fujian Green Pine, LANXESS Chemical, Givaudan, Symrise, Firmenich.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benzyl Acetate 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 Benzyl Acetate Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Benzyl Acetate 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 Benzyl Acetate 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 Benzyl Acetate Market Size & Forecast, 2020-2028       4.5.1 Benzyl Acetate Market Size and Y-o-Y Growth       4.5.2 Benzyl Acetate Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 98% Purity
      5.2.2 99% Purity
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Soap
      6.2.2 Daily Cosmetic Fragrance
      6.2.3 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Benzyl Acetate 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 Benzyl Acetate 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 98% Purity
      9.6.2 99% Purity
   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  Market Size Forecast by Applications
      9.10.1 Soap
      9.10.2 Daily Cosmetic Fragrance
      9.10.3 Other
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 98% Purity
      10.6.2 99% Purity
   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  Market Size Forecast by Applications
      10.10.1 Soap
      10.10.2 Daily Cosmetic Fragrance
      10.10.3 Other
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 98% Purity
      11.6.2 99% Purity
   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  Market Size Forecast by Applications
      11.10.1 Soap
      11.10.2 Daily Cosmetic Fragrance
      11.10.3 Other
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 98% Purity
      12.6.2 99% Purity
   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  Market Size Forecast by Applications
      12.10.1 Soap
      12.10.2 Daily Cosmetic Fragrance
      12.10.3 Other
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 98% Purity
      13.6.2 99% Purity
   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)  Market Size Forecast by Applications
      13.10.1 Soap
      13.10.2 Daily Cosmetic Fragrance
      13.10.3 Other
   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 Benzyl Acetate Market: Competitive Dashboard
   14.2 Global Benzyl Acetate Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Tianjin Dongda Chemical Group
      14.3.2 Wuhan Organic Industry
      14.3.3 Fujian Green Pine
      14.3.4 LANXESS Chemical
      14.3.5 Givaudan
      14.3.6 Symrise
      14.3.7 Firmenich

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