The benzyl alcohol market is expected to witness market growth at a rate of 4.80% in the forecast period of 2021 to 2028 and is expected to reach USD 4.11 billion by 2028. Data Bridge Market Research report on benzyl alcohol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing demand from the end user industries is escalating the growth of benzyl alcohol market.
Benzyl alcohol (Bn-OH) refers to a sweet-smelling liquor which includes benzene bearing a single hydroxymethyl as a substituent. The liquor is clear, colorless chemical liquid with sharp consuming taste and mellow pleasant aromatic odor which is marginally soluble in water and miscible in diethyl ether and alcohols. They are used as solvent owning to their low toxicity and high vapor pressure. It displays partial solubility in water and highly soluble in alcohol. The product is known to be partial solubility in water and highly soluble in alcohol. Naturally extracted oil from flowers such as jasmine, hyacinth and ylang-ylang is utilized for producing the benzyl alcohol.
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The major players covered in the benzyl alcohol market report are Merck KGaA, Thermo Fisher Scientific Inc., HUBEI GREENHOME FINE CHEMICAL CO.,LTD, Emerald Performance Materials, Alfa Aesar, ujarat Alkalies and Chemical Limited, Tata Chemicals Ltd., FINAR CHEMICALS, Elan Chemical, INEOS, Wuhan Biet Co., Ltd., Wuhan Youji Industries Co., Ltd., Pharmco, LANXESS, Avantor, Inc., Tosoh Corporation, Chemicals (India) Pvt. Ltd., Shimmer Chemicals Pvt. Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Benzyl Alcohol Market Scope and Market Size:
The benzyl alcohol market is segmented on the basis of purity, grade, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of purity, the benzyl alcohol market is segmented into purity higher than 99.5%, purity in between 99-99.5% and purity less than 99%.
- On the basis of grade, the benzyl alcohol market is segmented into industrial grade, food grade, pharmaceutical grade and others.
- On the basis of application, the benzyl alcohol market is segmented into dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy resins, synthetic solvent and others.
- On the basis of end user, the benzyl alcohol market is segmented into food and beverages, paints and coating, pharmaceuticals and others.
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Global Benzyl Alcohol Market Country Level Analysis
The benzyl alcohol market is analyzed and market size, volume information is provided by country, purity, grade, application and end user as referenced above.
The countries covered in the global benzyl alcohol market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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