Benzaldehyde Market is Expected to Increase by USD 21 Billion by 2022

Benzaldehyde Market is expected to increase by USD of 21 billion by 2022, Benzaldehyde Market by Type, by Application, by Region | Benzaldehyde Market

Pune, India – January 31, 2017 /MarketersMedia/ —

Market Highlights

The global benzaldehyde market has been evaluated to be rapidly growing and is expected to grow further. Benzaldehyde is a colorless liquid with almond fragrance as it can be extracted from cherry stone and almond using enzyme. Benzaldehyde Market is produced by oxidation of toluene or by treating benzal chloride with alkali. Air oxidation of toluene uses liquid phase process to extract synthetic benzaldehyde. With increased usage of benzaldehyde in pharmaceutical, aroma chemicals and agrochemical industries the benzaldehyde market is growing further. Aroma chemicals have the largest share in the market.. Moreover, increase in demand of cosmetics, perfumes and personal care products are expected to boost the market of aroma chemical.

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Based on derivatives, benzoic acid has the largest market share; it is largely used in food and agriculture industry. These industries are expected to grow in further due to rise in consumption rate and growing population. Increase in demand for personal care products, perfumes and cosmetics are ultimately increasing the demand for benzaldehyde as it adds fragrance to the above mentioned product type. Benzaldehyde also acts as stabilizer and sweetener in food industry. Wide variety usage of benzaldehyde will increase its market in the future.

Key Player
Emerald Performance Materials LLC
Gujarat Alkalies and Chemicals Limited
Nantong Tianshi Chemical Co. Ltd.
Kadillac Chemicals Pvt Ltd
Jiangsu Jiamai Chemical Co. Ltd
Wuhan Dico Chemical Co. Ltd
Haihang Industry Co. Ltd
Lianyungang Taile Chemical Industry Co. Ltd.
Shimmer Chemicals Pvt. Ltd.
Chematek S.p.A.

Segmentation:
The Global Benzaldehyde Market is majorly segmented on the basis of derivatives and application. Based on derivatives, the market is segmented into cinnamic acid, benzoic acid, sodium benzoate, benzyl alcohol and others. Further on the basis of application the market is classified into dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals and others.

Regional Analysis
The market is classified and analyzed on the basis of various geographical including Americas, Europe, Asia-Pacific, and Middle East and Africa. Out of these Asia-Pacific accounts for the largest share in the market in terms of volume and value. This market share is due to growing chemical and food industries in Asia-Pacific.. Countries like China, India and South Korea are developing countries and accounts for largest share in the market due to availability of crude oil, growing end-user industries.

Test the market data and market information presented through more than 50 market data tables and figures spread over 85 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Benzaldehyde Market Research Report –Global Forecast to 2022.”

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TOC of Benzaldehyde Market
1 Executive Summary

2 Scope of the Report

3 Market Research Methodologies

4 Market Landscape

5 Industry Overview of Global Benzaldehyde Market

6 Market Trends

7 Global Benzaldehyde Market by Region

8 Global Benzaldehyde Market by Derivatives (cinnamic acid, benzoic acid, sodium benzoate, benzyl alcohol and others)

9 Global Benzaldehyde Market by Application (dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals and others)

10 Company Profiles

Continued……

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Name: Akash Anand
Organization: Market Research future
Address: Magarpatta Road, Hadapsar Pune – 411028
Phone: +1 646 845 9312

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Source: MarketersMedia

Release ID: 165776