Global Benzaldehyde Market Report By End-User (Aroma Chemicals, Pharmaceuticals, Agriculture, Coatings, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210032
April 2018
Report Formats:

Growing demand of the benzaldehyde in manufacturing fragrances along with rising application in aroma chemical is likely to raise the demand of the product. Increased in per capita income, trendy lifestyle, growing urbanization along with the rising demand for personal care products are the key factors boosting the market growth. Increasing usage of benzaldehyde across agriculture, pharmaceuticals, and coatings sector are further accelerating the market growth.

As per this study, the Global Benzaldehyde Market was valued USD 250.8 MN (by revenue) in 2017 and is anticipated to reach USD 324.02 MN by 2024 with a CAGR of 3.70%. By volume, the market was estimated at XX.X Tons in 2017 and is expected to reach XX.X Tons by 2024 with a CAGR of X.X%.
 
AROMA CHEMICAL EMERGES AS LEADING SEGMENT
The aroma chemical segment is dominating owing to the rising application of benzaldehyde across aroma chemical. By the end of 2024, the aroma chemical segment is likely to bring nearly USD 133.67 MN. Whereas in terms of volume, the market is expected to reach XX.X Tons by 2024. The increasing demand for cosmetics, personal care products, and household product is propelling the demand for aroma chemicals.
 
APAC DOMINATES THE GLOBAL BENZALDEHYDE MARKET
Asia-Pacific is emerging as the leading market of benzaldehyde. The market is continuously growing owing to the growth of flourish agriculture industry and high sales of cosmetics products. Further, the increasing population and rising disposable income are the factors driving the market growth in this region. In terms of revenue, APAC is expected to reach XX.X MN at the end of 2024. Whereas in terms of volume, the market is expected to reach XX.X Tons by 2024.
 
PROMINENT PLAYERS IN BENZALDEHYDE MARKET
Chematek S.P.A., Emerald Performance Materials, LLC., Gujarat Alkalies And Chemicals Limited, Haihang Industry Co., Ltd., Ineos Group Limited, Jiangsu Jiamai Chemical Co., Ltd., Kadillac Chemicals Private Limited, Lanxess AG, Lianyungang Taile Chemical Industry, Co., Ltd., Nantong Tianshi Chemical Co., Ltd., Shenyang Huijinfengda Chemical Co., Ltd., Shimmer Chemicals Pvt. Ltd. and Wuhan Dico Chemical Co., Ltd. are key players in benzaldehyde market.

As per this study, the Global Benzaldehyde Market was valued USD 250.8 MN (by revenue) in 2017 and is anticipated to reach USD 324.02 MN by 2024 with a CAGR of 3.70%. By volume, the market was estimated at XX.X Tons in 2017 and is expected to reach XX.X Tons by 2024 with a CAGR of X.X%.
 
Benzaldehyde is an organic compound consisting of a benzene ring. The chemical formula of benzaldehyde is C6H5CHO. It is colorless liquid and has a characteristic almond-like odor. It is the simplest aromatic aldehyde and one of the most widely employed chemicals that owns a significant industrial use. Benzaldehyde is also the basic component of bitter almond oil and can be extracted from a number of other natural sources. On the other hand, the synthetic benzaldehyde is a flavoring agent in imitation almond extract, which is used to provide flavors to cakes and other baked goods.
 
This chemical is obtained by a number of processes. At the industrial level, it is prepared by a process where the toluene is treated with chlorine to form benzyl chloride, which is further treated with water to form benzaldehyde. Benzaldehyde is also categorized into two segments, namely, the technical grade and FCC grade. The benzaldehyde of technical grade is mostly employed as an intermediate among its end-user industries. It is widely used in the manufacturing of the of odorants and flavoring chemicals. On the other hand, the FCC grade benzaldehyde is employed to impart fragrance in toiletries.
 
Objectives of the Study:

  • Define and measure the global benzaldehyde market
  • Volume and revenue forecast of the global benzaldehyde market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Growth in the disposable income of consumers, trendy lifestyle, and growing urbanization are likely to drive the market growth for flavors and fragrances; especially in emerging economies such as Asia Pacific, Central and South America, and the Middle East and Africa region. Rising applications of benzaldehyde in pharmaceuticals, agriculture and coatings sector are further accelerating the market growth. On the other side, volatility in crude oil prices along with regulatory issues may hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of benzaldehyde.
 
Market Segmentation
 
The broad benzaldehyde market has been sub-grouped into end-user.. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By End-User Market Share 2017
 
Benzaldehyde Market By End-User
 
By End-User
  • Aroma Chemicals
  • Pharmaceuticals
  • Agriculture
  • Coatings
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for benzaldehyde in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Benzaldehyde Market By Revenue (USD MN)
 
Europe Benzaldehyde Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the benzaldehyde market includes Chematek S.P.A., Emerald Performance Materials, LLC., Gujarat Alkalies And Chemicals Limited, Haihang Industry Co., Ltd., Ineos Group Limited, Jiangsu Jiamai Chemical Co., Ltd., Kadillac Chemicals Private Limited, Lanxess AG, Lianyungang Taile Chemical Industry, Co., Ltd., Nantong Tianshi Chemical Co., Ltd., Shenyang Huijinfengda Chemical Co., Ltd., Shimmer Chemicals Pvt. Ltd. and Wuhan Dico Chemical Co., Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
Major Company Players Market Share
 
Major Players of Benzaldehyde Market
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1. INTRODUCTION

  • Introduction To Benzaldehyde
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Benzaldehyde Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. BENZALDEHYDE MARKET ANALYSIS BY END-USER
  • Market In Aroma Chemicals
  • Market In Pharmaceuticals
  • Market In Agriculture
  • Market In Coatings
  • Market In Others
 
5. BENZALDEHYDE MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Rest Of North America Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
6. COMPETITIVE LANDSCAPE OF THE BENZALDEHYDE COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
7. COMPANY PROFILES OF THE BENZALDEHYDE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Chematek S.p.A.
  • Emerald Performance Materials, LLC
  • Gujarat Alkalies and Chemicals Limited (GACL)
  • Haihang Industry Co., Ltd.
  • Jiangsu Jiamai Chemical Co., Ltd.
  • Kadillac Chemicals Private Limited
  • LANXESS AG
  • Lianyungang Taile Chemical Industry, Co., Ltd.
  • Merck KGaA
  • Nantong Tianshi Chemical Co., Ltd.
  • Shenyang Huijinfengda Chemical Co., Ltd.
  • Shimmer Chemicals Pvt. Ltd.
  • Wuhan Dico Chemical Co., Ltd.
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Benzaldehyde
Table 2.  Global Benzaldehyde Market By End-User
Table 3.  Global Benzaldehyde Market By Geography
Table 4.  North America Benzaldehyde Market
Table 5.  Europe Benzaldehyde Market
Table 6.  Asia Pacific Benzaldehyde Market
Table 7.  Latin America Benzaldehyde Market
Table 8.  Middle East And Africa Benzaldehyde Market 
Table 9.  Partnership/Collaboration/Agreements
Table 10. Mergers And Acquisitions
Table 11. New Product Development
Table 12. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Benzaldehyde Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Benzaldehyde
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Benzaldehyde Market By End-User
Fig. 8.     Global Benzaldehyde Market By Geography
Fig. 9.     North America Benzaldehyde Market
Fig. 10.   Europe Benzaldehyde Market
Fig. 11.   Asia Pacific Benzaldehyde Market
Fig. 12.   Latin America Benzaldehyde Market
Fig. 13.   Middle East And Africa Benzaldehyde Market
Fig. 14.   Market Share Of Benzaldehyde Companies
Fig. 15.   Recent Developments In Benzaldehyde Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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