Market Overview:

The Global Benzaldehyde Market has been evaluated as steady growing market and expected that the market will reach high growth figures. Benzaldehyde is colorless liquid with almond fragrance as it can be extracted from cherry stone and almond using enzyme. The benzaldehyde produced by oxidation of toluene or treating benzal chloride with alkali. Air oxidation of toluene uses liquid phase process to extract synthetic benzaldehyde. With increase in usage of benzaldehyde in wide area of application like pharmaceutical, aroma chemicals and agrochemical industries are propelling the growth of benzaldehyde market. Aroma chemicals share a largest market in this market.

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Moreover, increase in demand of cosmetics, perfumes and personal care products is expected to boost the market of aroma chemical. Pharmaceutical share second largest market share followed by agrochemicals owing to increase in demand for pesticide and herbicides in agriculture. Other industries like food & beverages and dye & coating are exhibiting higher demand in coming years.

Based on derivatives, benzoic acid shares largest market. benzoic acid is largely used in food and agriculture industry. These industries are expected to grow in forecasted period due to rise in consumption rate and growing population. Increase in demand for personal care products, perfumes and cosmetics are ultimately increasing demand for benzaldehyde as it is used to provide fragrance. Benzaldehyde acts as stabilizer and sweetener in food industry. Therefore, it is expected to grow the benzaldehyde market in near future.

Global Benzaldehyde Market Players:

The major participants of this market are:

Emerald Performance Materials LLC
Gujarat Alkalies and Chemicals Limited
LANXESS AG, Kadillac Chemicals Pvt Ltd
Jiangsu Jiamai Chemical Co. Ltd
Wuhan Dico Chemical Co. Ltd
Penta S.R.O
Taj Pharmaceutical Limited.
Key Findings:

Global Benzaldehyde Market is projected to reach USD 282.7 million by 2022 with 3.56% CAGR during review period of 2016-2022

Asia-Pacific accounted for largest share due to growing application industries in this region

Benzaldehyde market is consolidated in the developed regions with limited number of manufacturers dominating the market, whereas, in the developing markets the market is fragmented with dominance of small manufacturers from the Asia-Pacific region.

Segmentation Analysis:

The Global Benzaldehyde Market is majorly segmented based on derivatives and application. Based on derivatives, the market is segmented into cinnamic acid, benzoic acid, sodium benzoate, benzyl alcohol and others. Further based on application the market is classified into dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals and others.

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Table of Contents:

1 Report Prologue

2 Scope of The Report

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

To Be Continue….

List of Tables:

Table 1 Global Benzaldehyde Market, By Derivative, 2016-2022 (Usd Million) 35

Table 2 Global Benzaldehyde Market, By Derivative, 2015-2022 (Kt) 36

Table 3 Global Benzoic Acid Market for Benzaldehyde, By Regions (2014-2022) (Usd Million) 36

Table 4 Global Benzoic Acid Market for Benzaldehyde, By Regions (2014-2022) (Kt) 37

Table 5 North America Benzoic Acid Market for Benzaldehydea, By Country (2014-2022) (Usd Million) 37

Table 6 North America Benzoic Acid Market for Benzaldehydea, By Country (2014-2022) (Kt) 38

To Be Continue…...

Related Link:- https://www.marketwatch.com/press-release/benzaldehyde-market-current-research-report-2019--by-global-industry-analysis-size-share-manufacturer-development-latest-trends-forecast-to-2022-2019-05-28

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