Benzoic Acid Market Forecast to 2028

Report Code : TIPRE00004849 | Region : Global | Industry : Chemicals and Materials | Published Date : 29/Apr/2022
Benzoic Acid Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Food Preservatives, Corrosive Inhibitor, Alkyd Resins, Synthesis Intermediates, Plasticizers, Feed Additives, and Others)

The benzoic acid market size was valued at US$ 1,028.07 million in 2021 and is projected to reach US$ 1,496.54 million by 2028. It is expected to grow at a CAGR of 5.5% from 2021 to 2028.

Benzoic acid is a commonly used antimicrobial preservative in beverages, especially carbonated beverages. In addition, sodium benzoate is a widely used preservative in soft drinks. Furthermore, there is a shift in consumer preferences towards the adoption of convenience food and ready-to-drink beverages in different regions such as Europe and North America, thereby driving the demand for benzoic acid. Thus, the strong growth in the food & beverages industry and the growing demand for preservatives to improve the shelf life of the different food products contribute to the strong demand for benzoic acid. Hence, the growing demand for benzoic acid from the food & beverages industry is driving the benzoic acid market growth.

Further, Plasticizers are non-volatile organic chemicals incorporated into a plastic or elastomer to improve polymers' flexibility, extensibility, and processability. Phthalate plasticizers have been the most commonly used plasticizers. However, due to concerns about potential negative effects on human health in the past decade, various regulations have been enacted in the European Union (EU) and the US limiting some ortho-phthalate plasticizers. In June 2017, European Union further restricted the use of four phthalates. The Socio-Economic Analysis Committee of the European Chemicals Agency voted to restrict most uses of the chemicals under the EU’s Registration, Evaluation, Authorisation & Restriction of Chemicals (REACH) law. As phthalates are considered harmful to health and the environment, processors of plasticizers are increasingly looking for phthalate-free alternatives. As a result, different non-phthalate plasticizers such as benzoates have been rising in recent years. Benzoates are high solvating plasticizers for polyvinyl chloride (PVC) and are available as either monobenzoates (benzoates) or dibenzoates. Benzoic acid is used in the production of benzoate and dibenzoate plasticizers. Benzoates plasticizers are highly used in flooring, wall coverings, adhesive and sealants, inks and waxes, and films and sheet products. There is an increasing demand for phthalate-free plasticizers, which creates strong demand for benzoate plasticizers, thereby creating demand for benzoic acid. Hence, replacing phthalate plasticizers with non-phthalate plasticizers is boosting the benzoic acid market growth.

In Asia Pacific, the application of benzoic acid as a food preservative, chemical intermediates, and plasticizers, among others, has been a key factor enabling market growth. However, the COVID-19 pandemic caused a significant economic loss to various countries in the region. Governments of these countries announced countrywide lockdown measures to restrict the spread of COVID-19, which directly affected the industrial sector’s progress. The benzoic acid market trend is showing slow growth due to the low demands in different industrial applications. However, various industries began resuming their operations in 2021, which is likely to result in greater demands for benzoic acid in the region in the coming years.

 

MERCK KGAA; LANXESS; SINTEZA; CHEMCRUX ENTERPRISES LTD; I G PETROCHEMICALS LTD; LIAONING HUAYI CHEMICAL INDUSTRY AND COMMERCE CO.,LTD.; TIANJIN DONGDA CHEMICAL GROUP CO., LTD; EASTMAN CHEMICAL COMPANY; FUSHIMI PHARMACEUTICAL CO., LTD.; and THE CHEMICAL COMPANY are the key players in the benzoic acid market.

The overall size of the global benzoic acid market share has been derived using primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in this market.

The List of Companies - Benzoic Acid Market

1. Eastman Chemical Company

2. Foodchem International Corporation

3. A.M Food Chemical Co., Limited

4. OASIS FINE CHEM

5. Spectrum Chemical

6. LANXESS

7. Merck KGaA

8. Tianjin Dongda Chemical Group Co., Ltd

9. I G Petrochemicals Ltd. (IGPL)

10. Sinteza

TABLE OF CONTENTS

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.2.1 Benzoic Acid Market, by Application

1.2.2 Benzoic Acid Market, by Geography

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.1.1 Benzoic Acid Market, by Application

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Benzoic Acid Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Suppliers:

4.2.3 Bargaining Power of Buyers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 ECOSYSTEM ANALYSIS

4.4 Ecosystem Analysis

4.4.1 Raw Material Suppliers:

4.4.2 Manufacturers:

4.4.3 Distributors/Suppliers

4.4.4 Application:

4.5 Expert Opinion

5. Benzoic Acid Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand for Benzoic Acid from Food & Beverages Industry

5.1.2 Increasing Use of Benzoic Acid as an Intermediate in the Synthesis of Different Products

5.2 Market Restraints

5.2.1 Rising Volatility in Raw Material Prices

5.3 Market Opportunities

5.3.1 Increasing Growth of Cosmetic Industry

5.4 Future Trends

5.4.1 Replacement of Phthalate Plasticizers with Non-Phthalate Plasticizers

5.1 Impact Analysis of Drivers and Restraints

6. Benzoic Acid – Global Market Analysis

6.1 Benzoic Acid Market Overview

6.2 Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

6.3 Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

6.4 Market Positioning – Benzoic Acid Market Players

7. Benzoic Acid Market Analysis – By Application

7.1 Overview

7.2 Benzoic Acid Market, By Application (2020 and 2028)

7.3 Food Preservatives

7.3.1 Overview

7.3.2 Food Preservatives: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.3.3 Food Preservatives: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.4 Corrosive Inhibitors

7.4.1 Overview

7.4.2 Corrosive Inhibitors: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.4.3 Corrosive Inhibitors: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.5 Alkyd Resins

7.5.1 Overview

7.5.2 Alkyd Resins: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.5.3 Alkyd Resins: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.6 Synthesis Intermediates

7.6.1 Overview

7.6.2 Synthesis Intermediates: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.6.3 Synthesis Intermediates: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.7 Plasticizers

7.7.1 Overview

7.7.2 Plasticizers: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.7.3 Plasticizers: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.8 Feed Additives

7.8.1 Overview

7.8.2 Feed Additives: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.8.3 Feed Additives: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

7.9 Others

7.9.1 Overview

7.9.2 Others: Benzoic Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

7.9.3 Others: Benzoic Acid Market – Volume and Forecast to 2028 (Tons)

8. Benzoic Acid Market – Geographic Analysis

8.1 Overview

8.2 North America: Benzoic Acid Market

8.2.1 North America: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.2.2 North America: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.2.3 North America: Benzoic Acid Market, by Application

8.2.4 North America: Benzoic Acid Market, by Key Country

8.2.4.1 US: Benzoic Acid Market–Analysis and Forecast to 2028 (US$ Thousand)

8.2.4.1.1 US: Benzoic Acid Market, by Application

8.2.4.2 Canada: Benzoic Acid Market–Analysis and Forecast to 2028 (US$ Thousand)

8.2.4.2.1 Canada: Benzoic Acid Market, by Application

8.2.4.3 Mexico: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.2.4.3.1 Mexico: Benzoic Acid Market, by Application

8.3 Europe: Benzoic Acid Market

8.3.1 Europe: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.2 Europe: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.3 Europe: Benzoic Acid Market, by Application

8.3.4 Europe: Benzoic Acid Market, by Key Country

8.3.4.1 Germany: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.1.1 Germany: Benzoic Acid Market, by Application

8.3.4.2 France: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.3 France: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.3.1 France: Benzoic Acid Market, by Application

8.3.4.4 Italy: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.5 Italy: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.5.1 Italy: Benzoic Acid Market, by Application

8.3.4.5.2 United Kingdom: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.5.3 United Kingdom: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.5.4 United Kingdom: Benzoic Acid Market, by Application

8.3.4.6 Russia: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.7 Russia: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.7.1 Russia: : Benzoic Acid Market, by Application

8.3.4.8 Turkey: Benzoic Acid Market–Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.9 Turkey: Benzoic Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.9.1 Turkey : Benzoic Acid Market, by Application

8.3.4.10 Rest of Europe: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.3.4.11 Rest of Europe: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.3.4.11.1 Rest of Europe: Benzoic Acid Market, by Application

8.4 Asia Pacific: Benzoic Acid Market

8.4.1 Asia Pacific: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.2 Asia Pacific: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.3 Asia Pacific: Benzoic Acid Market, by Application

8.4.4 Asia Pacific: Benzoic Acid Market, by Key Country

8.4.4.1 Australia: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.1.1 Australia: Benzoic Acid Market, by Application

8.4.4.2 China: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.3 China: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.4.3.1 China: Benzoic Acid Market, by Application

8.4.4.4 India: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.5 India: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.4.5.1 India: Benzoic Acid Market, by Application

8.4.4.6 Japan: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.7 Japan: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.4.7.1 Japan: Benzoic Acid Market, by Application

8.4.4.8 South Korea: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.9 South Korea: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.4.9.1 South Korea: Benzoic Acid Market, by Application

8.4.4.10 Rest of Asia Pacific: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.4.4.11 Rest of Asia Pacific: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.4.4.11.1 Rest of Asia Pacific: Benzoic Acid Market, by Application

8.5 Middle East and Africa: Benzoic Acid Market

8.5.1 Middle East and Africa: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.5.2 Middle East and Africa: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.5.3 Middle East and Africa: Benzoic Acid Market, by Application

8.5.4 Middle East and Africa: Benzoic Acid Market, by Key Country

8.5.4.1 Saudi Arabia: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.5.4.1.1 Saudi Arabia: Benzoic Acid Market, by Application

8.5.4.2 South Africa: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.5.4.2.1 South Africa: Benzoic Acid Market, by Application

8.5.4.3 UAE: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.5.4.3.1 UAE: Benzoic Acid Market, by Application

8.5.4.4 Rest of Middle East: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.5.4.4.1 Rest of MEA: Benzoic Acid Market, by Application

8.6 South and Central America: Benzoic Acid Market

8.6.1 South and Central America: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.6.2 South and Central America: Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

8.6.3 South and Central America: Benzoic Acid Market, by Application

8.6.4 South and Central America: Benzoic Acid Market, by Key Country

8.6.4.1 Brazil: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.6.4.1.1 Brazil: Benzoic Acid Market, by Application

8.6.4.2 Argentina: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.6.4.2.1 Argentina: Benzoic Acid Market, by Application

8.6.4.3 Rest of South and Central America: Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

8.6.4.3.1 Rest of South and Central America: Benzoic Acid Market, by Application

9. Impact of COVID-19 Pandemic on Benzoic Acid Market

10.1 Impact of COVID-19 on Benzoic Acid Market

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

10.6 South and Central Africa: Impact Assessment of COVID-19 Pandemic

10. Industry Landscape

10.1 Merger & Acquisition

11. Company Profiles

11.1 Eastman Chemical Company

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Foodchem International Corporation

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 A.M FOOD CHEMICAL CO., LIMITED

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 OASIS FINE CHEM

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Spectrum Chemical

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 LANXESS

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 MERCK KGaA

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Tianjin Dongda Chemical Group Co.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 I G Petrochemicals Ltd. (IGPL)

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Sinteza

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1. Benzoic Acid Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. Benzoic Acid Market –Volume and Forecast to 2028 (Tons)

Table 3. Global Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 4. Global Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 5. North America Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 6. North America Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 7. US: Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 8. US: Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 9. Canada: Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 10. Canada: Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 11. Mexico Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 12. Mexico Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 13. Europe Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 14. Europe Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 15. Germany Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 16. Germany Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 17. France Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 18. France Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 19. Italy Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 20. Italy Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 21. United Kingdom Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 22. United Kingdom Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 23. Russia : Benzoic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 24. Russia : Benzoic Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 25. Turkey : Benzoic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 26. Turkey : Benzoic Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 27. Rest of Europe Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 28. Rest of Europe Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 29. Asia Pacific Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 30. Asia Pacific Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 31. Australia Benzoic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 32. Australia Benzoic Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 33. China Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 34. China Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 35. India Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 36. India Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 37. Japan Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 38. Japan Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 39. South Korea Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 40. South Korea Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 41. Rest of Asia Pacific Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)

Table 42. Rest of Asia Pacific Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 43. MEA Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 44. MEA Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 45. Saudi Arabia Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 46. Saudi Arabia Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 47. South Africa Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 48. South Africa Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 49. UAE Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 50. UAE Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 51. Rest of MEA Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 52. Rest of MEA Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 53. South and Central America Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 54. South and Central America Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 55. Brazil Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 56. Brazil Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 57. Argentina Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 58. Argentina Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 59. Rest of SCAM Benzoic Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 60. Rest of SCAM Benzoic Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 61. Glossary of Terms, Global benzoic acid market

The List of Companies - Benzoic Acid Market

1. Eastman Chemical Company

2. Foodchem International Corporation

3. A.M Food Chemical Co., Limited

4. OASIS FINE CHEM

5. Spectrum Chemical

6. LANXESS

7. Merck KGaA

8. Tianjin Dongda Chemical Group Co., Ltd

9. I G Petrochemicals Ltd. (IGPL)

10. Sinteza

Reason To Buy

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global benzoic acid market, thereby allowing players to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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