The Benzyl Alcohol market report provides separate complete analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2017 through 2025.Market data and analytics are derived from primary and secondary research.
Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Benzyl alcohol is used in manufacturing of paints, inks, and epoxy resins and as a paint stripper. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol. Paints and coating application accounts for major share of the global benzyl benzoate market.
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Thus, growing paint and coating industry is anticipated to drive the demand for benzyl alcohol over the forecast period. Besides this, increasing use of benzyl alcohol as an anti-parasite medication used to treat head lice. It is also used as a common preservative in many injectable drugs. Benzyl alcohol is also finds application in perfumery and flavoring.
Thus, growing array of application of benzyl alcohol in various end use industries is projected to drive the demand for benzyl alcohol over the period. However, toxic properties of the benzyl alcohol is expected to discourage the use of benzyl alcohol which in turn projected to hamper the growth of benzyl alcohol market over the forecast period (2017-2025).
This report offers high-quality insights and is the outcome of detailed research methodology including extensive secondary research, accurate primary interviews with industry stakeholders and validation and triangulation with Research’s internal database and statistical tools. More than 2,000 authenticated secondary sources, such as company’s annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. More than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts have been executed to obtain both the qualitative and quantitative insights.
Benzyl alcohol market is mainly dominated by two major players Hubei Greenhome Fine Chemical Co. Ltd. and Emerald Performance Materials. Thus, major player are investing in research and development, merger and acquisition with focus on improve their product portfolio and market penetration.
The report defines, describes, and forecasts the global Benzyl Alcohol market by type, application, gas, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also includes various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market surveys in terms of value, and future trends in the Benzyl Alcohol market.
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This report presents market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Benzyl Alcohol Market structure: Overview, industry life cycle analysis, supply chain analysis
- Benzyl Alcohol Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Benzyl Alcohol Market trend and forecast analysis
- Benzyl Alcohol Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Benzyl Alcohol market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Why buy this report?
- The report identifies and addresses key markets for Benzyl Alcohol, which would help manufacturers review the growth in demand.
- The report helps system providers understand the pulse of the market and provide insights into drivers, restraints, opportunities, and challenges.
- The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
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