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Benzyl Alcohol Market By Application (Paints & Coatings, Personal Care, Food & Beverages) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

This report, titled "Benzyl Alcohol Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025," offers strategic insights into the trends in the benzyl alcohol market along with the market size and forecast for the duration of 2017–2025. The said research study incorporates an in-depth analysis of multiple market segments based on application and geographical distribution.

The global benzyl alcohol market is expected to witness significant growth due to growing demand for paints, strippers, coatings, inks, and epoxy resins from various end-use industries, such as the automotive, construction, and aviation industry. Further, increasing the use of benzyl alcohol in the preparation of perfumes, pharmaceuticals, and other personal care products is projected to drive the growth of the benzyl alcohol market.

The global benzyl alcohol market is dominated by key players in the benzyl alcohol industry. Further, rapid urbanization and increasing demand for automobiles in Asia-Pacific are anticipated to fuel the demand for benzyl alcohol over the forecast period.

The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific.

By application, the global benzyl alcohol market is segmented into paints and coatings, personal care, food and beverages, and others. In addition, benzyl alcohol manufacturing companies, distributors, and academic organizations form the major client types for the benzyl alcohol market. The market size (in kilo tonnes) and forecast for all the considered segmentations are presented in this report for the period 2015–2025, along with their respective CAGRs (%) for the forecast period 2017–2025.

In terms of geographical distribution, the global benzyl alcohol market is a study of five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global benzyl alcohol market is described as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Italy
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America
  • Middle East and Africa (MEA)
  • GCC
  • the remainder of MEA

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global benzyl alcohol market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of benzyl alcohol.

The global benzyl alcohol market is divided into the following segments based on application:

  • Paints and Coatings
  • Personal Care
  • Food & Beverages
  • Others

On the basis of application, the global benzyl alcohol market can be segmented into paint and coatings, personal care, food and beverages, and others. In 2016, paints and coatings were observed to be the largest application segment in the global benzyl alcohol market. Benzyl alcohol is used in the manufacture of various products, such as epoxy resin coatings, inks, and paint strippers. Increasing demand for paints and coatings owing to rapid infrastructural developments along with increasing demand for automobiles, especially in emerging economies, is projected to drive the growth of the segment over the forecast period (2017-2025).

For the purpose of this study, the global benzyl alcohol market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

On the basis of geography, the global benzyl alcohol market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2016, North America was estimated to hold the largest share of the global benzyl alcohol market and was projected to maintain its dominance over the forecast period. Strong demand from end-use industries, including paint and coatings, pharmaceuticals, and personal care, is projected to drive the demand for benzyl alcohol over the forecast period. Asia Pacific is anticipated to be the fastest-growing region in the global benzyl alcohol market. Rapid urbanization and prompt industrialization, especially in China and India, are projected to fuel the demand for paint & coating, personal care, and pharmaceutical industries in the region, which in turn is projected to fuel the demand for benzyl alcohol in the region. Thus, the region is projected to witness high growth in demand for benzyl alcohol over the forecast period (2017–2025).

Frequently Asked Questions:

The market for Benzyl Alcohol Market is expected to reach US$ 282.3 Mn By 2025.

The Benzyl Alcohol Market is expected to see significant CAGR growth over the coming years, at 4.2%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Hunan Hongrun Chemical Technology Co., Ltd., Hubei Greenhome Fine Chemical CO., LTD., Jiangsu BVCO Biological Technology Co., Ltd., LANXESS, Liaoning Huayi Chemical Industry & Commerce Co., Ltd., Tianjin Dongda, Tianjia Dajia Chemical Co., Ltd., Wuhan Biet Co., Ltd. are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2017
Category:  Chemicals
Report ID:   58542
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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