Market Overview:
Benzyl benzoate is an organic compound with the formula C6H5CH2O2. It is the ester of benzyl alcohol and benzoic acid. It is a colorless liquid that is slightly soluble in water and has a pleasant odor. Benzyl benzoate occurs naturally in some essential oils, such as jasmine, ylang-ylang, and tuberose. It is also used as a flavorant and fixative in perfumes.
Product Definition:
Benzyl Benzoate is a clear, colorless liquid with a sweet, benzene-like odor. It is used as a solvent and fixative in perfumes and flavorings.
Pharmaceutical Grade:
Pharmaceutical grade benzyl benzoate is a colorless liquid that is used as an additive in pharmaceutical drugs. It has the ability to enhance the therapeutic value of pharmaceutical formulations and help them to be more effective against diseases such as malaria, dengue, cholera, and other infections. Pharmaceutical grade benzyl benzoate can also be used for the treatment of cancer-related nausea & vomiting by enhancing drug absorption properties through its lipophilicity property.
Industrial Grade:
Industrial grade is a type of benzyl benzoate, which is manufactured using high-performance chemicals and has better stability & higher purity as compared to standard or consumer grade. It also has different specifications such as longer shelf life, less sensitivity towards water/alcohol & light, more intense color (crimson), and higher viscosity.
Application Insights:
The global benzyl benzoate market is segmented by application into pharmaceuticals, textiles auxiliaries, flavors and fragrances, plasticizer and other applications. The pharmaceutical grade of benzyl benzoate is expected to witness the fastest growth over the forecast period owing to its rising use in producing medicines. Benzyl Benzoate (BzB) has a high potential for use as an additive in drug formulations that are used for treating epilepsy due to its anticonvulsant properties. It can be used as an alternative or substitute for phenytoin sodium which is a commonly used anticonvulsant drug across the globe.
Furthermore, it also acts as an antioxidant and improves brain health which makes it highly preferred among manufacturers of nutritional supplements & dietary drugs worldwide. The industrial grade product finds limited usage in cosmetics due to regulations set by organizations such as ECPA whose primary objective is to ensure safe usage of chemicals within the European Union (EU).
Regional Analysis:
North America was the largest market for benzyl benzoate with a share of over 35.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand from various end-use industries, such as pharmaceuticals, flavors and fragrances, plasticsizers and other. In North America, U.S.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, flavors and fragrances, and pharmaceuticals
- Rising awareness about the benefits of Benzyl Benzoate among consumers
- Growing R&D investments by leading players to develop new applications for Benzyl Benzoate
- Expansion of distribution channels by key players to reach a wider customer base
- Technological advancements in production processes that would help reduce the cost of Benzyl Benzoate
Scope Of The Report
Report Attributes
Report Details
Report Title
Benzyl Benzoate Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade, Flavors & Fragrance Grade
By Application
Pharmaceuticals, Textile Auxiliaries, Flavors and Fragrance, Plasticizer, Other
By Companies
LANXESS, Emerald Kalama Chemical, Ernesto Ventós, Vertellus, HELM, Tennants Fine Chemicals, Sabari Chemicals, Hubei Greenhome Fine Chemical, Wuhan Biet, Wuhan Youji Industries, Dongda Chemical, Zengrui Chemical
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Benzyl Benzoate Market Report Segments:
The global Benzyl Benzoate market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade, Flavors & Fragrance Grade
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
Pharmaceuticals, Textile Auxiliaries, Flavors and Fragrance, Plasticizer, 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:
- LANXESS
- Emerald Kalama Chemical
- Ernesto Ventós
- Vertellus
- HELM
- Tennants Fine Chemicals
- Sabari Chemicals
- Hubei Greenhome Fine Chemical
- Wuhan Biet
- Wuhan Youji Industries
- Dongda Chemical
- Zengrui Chemical
Highlights of The Benzyl Benzoate 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:
- Pharmaceutical Grade
- Industrial Grade
- Flavors & Fragrance Grade
- By Application:
- Pharmaceuticals
- Textile Auxiliaries
- Flavors and Fragrance
- Plasticizer
- Other
- 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 Benzoate 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 benzoate is a synthetic chemical compound with the formula C6H5C6O2. It is a colorless liquid that has a sweet, fruity odor. Benzyl benzoate is used in cosmetics and fragrances to give them a pleasant smell and to protect them from oxidation.
Some of the key players operating in the benzyl benzoate market are LANXESS, Emerald Kalama Chemical, Ernesto Vent³s, Vertellus, HELM, Tennants Fine Chemicals, Sabari Chemicals, Hubei Greenhome Fine Chemical, Wuhan Biet, Wuhan Youji Industries, Dongda Chemical, Zengrui Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benzyl Benzoate 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 Benzoate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Benzyl Benzoate 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 Benzoate 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 Benzoate Market Size & Forecast, 2020-2028
4.5.1 Benzyl Benzoate Market Size and Y-o-Y Growth
4.5.2 Benzyl Benzoate 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 Pharmaceutical Grade
5.2.2 Industrial Grade
5.2.3 Flavors & Fragrance Grade
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 Pharmaceuticals
6.2.2 Textile Auxiliaries
6.2.3 Flavors and Fragrance
6.2.4 Plasticizer
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benzyl Benzoate 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 Benzoate 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 Pharmaceutical Grade
9.6.2 Industrial Grade
9.6.3 Flavors & Fragrance Grade
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 Pharmaceuticals
9.10.2 Textile Auxiliaries
9.10.3 Flavors and Fragrance
9.10.4 Plasticizer
9.10.5 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 Pharmaceutical Grade
10.6.2 Industrial Grade
10.6.3 Flavors & Fragrance Grade
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 Pharmaceuticals
10.10.2 Textile Auxiliaries
10.10.3 Flavors and Fragrance
10.10.4 Plasticizer
10.10.5 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 Pharmaceutical Grade
11.6.2 Industrial Grade
11.6.3 Flavors & Fragrance Grade
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 Pharmaceuticals
11.10.2 Textile Auxiliaries
11.10.3 Flavors and Fragrance
11.10.4 Plasticizer
11.10.5 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 Pharmaceutical Grade
12.6.2 Industrial Grade
12.6.3 Flavors & Fragrance Grade
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 Pharmaceuticals
12.10.2 Textile Auxiliaries
12.10.3 Flavors and Fragrance
12.10.4 Plasticizer
12.10.5 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 Pharmaceutical Grade
13.6.2 Industrial Grade
13.6.3 Flavors & Fragrance Grade
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 Pharmaceuticals
13.10.2 Textile Auxiliaries
13.10.3 Flavors and Fragrance
13.10.4 Plasticizer
13.10.5 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 Benzoate Market: Competitive Dashboard
14.2 Global Benzyl Benzoate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LANXESS
14.3.2 Emerald Kalama Chemical
14.3.3 Ernesto Ventós
14.3.4 Vertellus
14.3.5 HELM
14.3.6 Tennants Fine Chemicals
14.3.7 Sabari Chemicals
14.3.8 Hubei Greenhome Fine Chemical
14.3.9 Wuhan Biet
14.3.10 Wuhan Youji Industries
14.3.11 Dongda Chemical
14.3.12 Zengrui Chemical
