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Benzoic Acid Market 2024-2028

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • TechNavio
  • ID: 5568349
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The benzoic acid market is forecasted to grow by USD 245.5 million during 2023-2028, accelerating at a CAGR of 6.94% during the forecast period. The report on the benzoic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for benzoic acid from food and beverage industry, extensive use of benzoic acid in apac, and increasing demand for non-phthalate plasticizers.

The benzoic acid market is segmented as below:

By Application

  • Benzoates
  • Benzoate plasticizers
  • Alkyd resins
  • Others

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rising demand for processed and packaged food as one of the prime reasons driving the benzoic acid market growth during the next few years. Also, growing demand from diversified applications and advances in the recovery of benzoic acid will lead to sizable demand in the market.

The report on the benzoic acid market covers the following areas:

  • Benzoic acid market sizing
  • Benzoic acid market forecast
  • Benzoic acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading benzoic acid market vendors that include Aarti Industries Ltd., Chemcrux Enterprises Ltd., Eastman Chemical Co., FUSHIMI Pharmaceutical Co. Ltd., Ganesh Benzoplast Ltd., GFS Chemicals Inc., Hemadri Chemicals, IG Petrochemicals Ltd., Merck and Co. Inc., MP Biomedicals Inc., Navyug Pharmachem Pvt. Ltd., Pat Impex, Premier Group Of Industries, Shri Hari Chemicals, Smart Chemicals Group Co. Ltd., Swastik Industries, The Chemical Co., Thermo Fisher Scientific Inc., Tianjin Dongda Chemical Group Co. Ltd, and Velsicol Chemical LLC. Also, the benzoic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Benzoic Acid Market 2018 - 2022
Historic Market Size - Data Table on Global Benzoic Acid Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Benzoates - Market size and forecast 2023-2028
Chart on Benzoates - Market size and forecast 2023-2028 ($ million)
Data Table on Benzoates - Market size and forecast 2023-2028 ($ million)
Chart on Benzoates - Year-over-year growth 2023-2028 (%)
Data Table on Benzoates - Year-over-year growth 2023-2028 (%)
6.4 Benzoate plasticizers - Market size and forecast 2023-2028
Chart on Benzoate plasticizers - Market size and forecast 2023-2028 ($ million)
Data Table on Benzoate plasticizers - Market size and forecast 2023-2028 ($ million)
Chart on Benzoate plasticizers - Year-over-year growth 2023-2028 (%)
Data Table on Benzoate plasticizers - Year-over-year growth 2023-2028 (%)
6.5 Alkyd resins - Market size and forecast 2023-2028
Chart on Alkyd resins - Market size and forecast 2023-2028 ($ million)
Data Table on Alkyd resins - Market size and forecast 2023-2028 ($ million)
Chart on Alkyd resins - Year-over-year growth 2023-2028 (%)
Data Table on Alkyd resins - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.10 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Aarti Industries Ltd.
Aarti Industries Ltd. - Overview
Aarti Industries Ltd. - Business segments
Aarti Industries Ltd. - Key offerings
Aarti Industries Ltd. - Segment focus
11.4 Chemcrux Enterprises Ltd.
Chemcrux Enterprises Ltd. - Overview
Chemcrux Enterprises Ltd. - Product/Service
Chemcrux Enterprises Ltd. - Key offerings
11.5 Eastman Chemical Co.
Eastman Chemical Co. - Overview
Eastman Chemical Co. - Business segments
Eastman Chemical Co. - Key news
Eastman Chemical Co. - Key offerings
Eastman Chemical Co. - Segment focus
11.6 FUSHIMI Pharmaceutical Co. Ltd.
FUSHIMI Pharmaceutical Co. Ltd. - Overview
FUSHIMI Pharmaceutical Co. Ltd. - Product/Service
FUSHIMI Pharmaceutical Co. Ltd. - Key offerings
11.7 Ganesh Benzoplast Ltd.
Ganesh Benzoplast Ltd. - Overview
Ganesh Benzoplast Ltd. - Product/Service
Ganesh Benzoplast Ltd. - Key offerings
11.8 Hemadri Chemicals
Hemadri Chemicals - Overview
Hemadri Chemicals - Product/Service
Hemadri Chemicals - Key offerings
11.9 IG Petrochemicals Ltd.
IG Petrochemicals Ltd. - Overview
IG Petrochemicals Ltd. - Product/Service
IG Petrochemicals Ltd. - Key offerings
11.10 Merck and Co. Inc.
Merck and Co. Inc. - Overview
Merck and Co. Inc. - Business segments
Merck and Co. Inc. - Key news
Merck and Co. Inc. - Key offerings
Merck and Co. Inc. - Segment focus
11.11 Smart Chemicals Group Co. Ltd.
Smart Chemicals Group Co. Ltd. - Overview
Smart Chemicals Group Co. Ltd. - Product/Service
Smart Chemicals Group Co. Ltd. - Key offerings
11.12 The Chemical Co.
The Chemical Co. - Overview
The Chemical Co. - Product/Service
The Chemical Co. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Benzoic Acid Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Benzoates - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Benzoates - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Benzoates - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Benzoates - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Benzoate plasticizers - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Benzoate plasticizers - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Benzoate plasticizers - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Benzoate plasticizers - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Alkyd resins - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Alkyd resins - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Alkyd resins - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Alkyd resins - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Market opportunity by Application ($ million)
Exhibits 51: Data Table on Market opportunity by Application ($ million)
Exhibits 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 53: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 54: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 55: Chart on Geographic comparison
Exhibits 56: Data Table on Geographic comparison
Exhibits 57: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 97: Market opportunity By Geographical Landscape ($ million)
Exhibits 98: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 99: Impact of drivers and challenges in 2023 and 2028
Exhibits 100: Overview on criticality of inputs and factors of differentiation
Exhibits 101: Overview on factors of disruption
Exhibits 102: Impact of key risks on business
Exhibits 103: Companies covered
Exhibits 104: Matrix on companies position and classification
Exhibits 105: Aarti Industries Ltd. - Overview
Exhibits 106: Aarti Industries Ltd. - Business segments
Exhibits 107: Aarti Industries Ltd. - Key offerings
Exhibits 108: Aarti Industries Ltd. - Segment focus
Exhibits 109: Chemcrux Enterprises Ltd. - Overview
Exhibits 110: Chemcrux Enterprises Ltd. - Product/Service
Exhibits 111: Chemcrux Enterprises Ltd. - Key offerings
Exhibits 112: Eastman Chemical Co. - Overview
Exhibits 113: Eastman Chemical Co. - Business segments
Exhibits 114: Eastman Chemical Co. - Key news
Exhibits 115: Eastman Chemical Co. - Key offerings
Exhibits 116: Eastman Chemical Co. - Segment focus
Exhibits 117: FUSHIMI Pharmaceutical Co. Ltd. - Overview
Exhibits 118: FUSHIMI Pharmaceutical Co. Ltd. - Product/Service
Exhibits 119: FUSHIMI Pharmaceutical Co. Ltd. - Key offerings
Exhibits 120: Ganesh Benzoplast Ltd. - Overview
Exhibits 121: Ganesh Benzoplast Ltd. - Product/Service
Exhibits 122: Ganesh Benzoplast Ltd. - Key offerings
Exhibits 123: Hemadri Chemicals - Overview
Exhibits 124: Hemadri Chemicals - Product/Service
Exhibits 125: Hemadri Chemicals - Key offerings
Exhibits 126: IG Petrochemicals Ltd. - Overview
Exhibits 127: IG Petrochemicals Ltd. - Product/Service
Exhibits 128: IG Petrochemicals Ltd. - Key offerings
Exhibits 129: Merck and Co. Inc. - Overview
Exhibits 130: Merck and Co. Inc. - Business segments
Exhibits 131: Merck and Co. Inc. - Key news
Exhibits 132: Merck and Co. Inc. - Key offerings
Exhibits 133: Merck and Co. Inc. - Segment focus
Exhibits 134: Smart Chemicals Group Co. Ltd. - Overview
Exhibits 135: Smart Chemicals Group Co. Ltd. - Product/Service
Exhibits 136: Smart Chemicals Group Co. Ltd. - Key offerings
Exhibits 137: The Chemical Co. - Overview
Exhibits 138: The Chemical Co. - Product/Service
Exhibits 139: The Chemical Co. - Key offerings
Exhibits 140: Inclusions checklist
Exhibits 141: Exclusions checklist
Exhibits 142: Currency conversion rates for US$
Exhibits 143: Research methodology
Exhibits 144: Information sources
Exhibits 145: Data validation
Exhibits 146: Validation techniques employed for market sizing
Exhibits 147: Data synthesis
Exhibits 148: 360 degree market analysis
Exhibits 149: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global benzoic acid market: Aarti Industries Ltd., Chemcrux Enterprises Ltd., Eastman Chemical Co., FUSHIMI Pharmaceutical Co. Ltd., Ganesh Benzoplast Ltd., GFS Chemicals Inc., Hemadri Chemicals, IG Petrochemicals Ltd., Merck and Co. Inc., MP Biomedicals Inc., Navyug Pharmachem Pvt. Ltd., Pat Impex, Premier Group Of Industries, Shri Hari Chemicals, Smart Chemicals Group Co. Ltd., Swastik Industries, The Chemical Co., Thermo Fisher Scientific Inc., Tianjin Dongda Chemical Group Co. Ltd, and Velsicol Chemical LLC.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising demand for processed and packaged food."

According to the report, one of the major drivers for this market is the high demand for benzoic acid from food and beverage industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aarti Industries Ltd.
  • Chemcrux Enterprises Ltd.
  • Eastman Chemical Co.
  • FUSHIMI Pharmaceutical Co. Ltd.
  • Ganesh Benzoplast Ltd.
  • GFS Chemicals Inc.
  • Hemadri Chemicals
  • IG Petrochemicals Ltd.
  • Merck and Co. Inc.
  • MP Biomedicals Inc.
  • Navyug Pharmachem Pvt. Ltd.
  • Pat Impex
  • Premier Group Of Industries
  • Shri Hari Chemicals
  • Smart Chemicals Group Co. Ltd.
  • Swastik Industries
  • The Chemical Co.
  • Thermo Fisher Scientific Inc.
  • Tianjin Dongda Chemical Group Co. Ltd
  • Velsicol Chemical LLC