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Global (United States, European Union and China) Benzenecarboxylic Acid Market Research Report 2019-2025
SKU ID : QYR-14545406 | Publishing Date : 12-Aug-2019 | No. of pages : 116
Benzoic acid (C6H5COOH), is a colorless crystalline solid and a simple aromatic carboxylic acid. The name is derived from gum benzoin, which was for a long time its only known source. Benzoic acid occurs naturally in many plants and serves as an intermediate in the biosynthesis of many secondary metabolites. Salts of benzoic acid are used as food preservatives and benzoic acid is an important precursor for the industrial synthesis of many other organic substances. The salts and esters of benzoic acid are known as benzoates.
By end-use industry, the benzoic acid market is segmented into chemical, food & beverages, pharmaceutical, and others. The food & beverages segment is estimated to account for the major share of the overall market in 2018 during the forecast period. The ongoing urbanization and changing lifestyle of masses are the factors leading to the increased demand for packaged food items. Benzoic acid, which is majorly consumed as sodium benzoate and potassium benzoate, is directly used as a food preservative in the food & beverages end-use industry. Thus, increase in demand for packaged food leads to the growth of the benzoic acid market across the globe.
In 2019, the market size of Benzenecarboxylic Acid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Benzenecarboxylic Acid.
This report studies the global market size of Benzenecarboxylic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Benzenecarboxylic Acid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Eastman Chemical
San Fu Chemical
Ueno Fine Chemicals
Ariha Chemicals
Emerald Performance Materials
Hemadri Chemicals
Krishna Chemicals
Navyug Pharmachem
Premier Group Of Industries
Wuhan Youji Industries
Tianjin Dongda Chemical Group
Liao Ning Huayi Chemical Industry
Market Segment by Product Type
Food Grade
Pharma Grade
Industrial Grade
Market Segment by Application
Plasticizers
Food Preservative
Pharmaceutical
Personal Care
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Benzenecarboxylic Acid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Benzenecarboxylic Acid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Benzenecarboxylic Acid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
By end-use industry, the benzoic acid market is segmented into chemical, food & beverages, pharmaceutical, and others. The food & beverages segment is estimated to account for the major share of the overall market in 2018 during the forecast period. The ongoing urbanization and changing lifestyle of masses are the factors leading to the increased demand for packaged food items. Benzoic acid, which is majorly consumed as sodium benzoate and potassium benzoate, is directly used as a food preservative in the food & beverages end-use industry. Thus, increase in demand for packaged food leads to the growth of the benzoic acid market across the globe.
In 2019, the market size of Benzenecarboxylic Acid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Benzenecarboxylic Acid.
This report studies the global market size of Benzenecarboxylic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Benzenecarboxylic Acid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Eastman Chemical
San Fu Chemical
Ueno Fine Chemicals
Ariha Chemicals
Emerald Performance Materials
Hemadri Chemicals
Krishna Chemicals
Navyug Pharmachem
Premier Group Of Industries
Wuhan Youji Industries
Tianjin Dongda Chemical Group
Liao Ning Huayi Chemical Industry
Market Segment by Product Type
Food Grade
Pharma Grade
Industrial Grade
Market Segment by Application
Plasticizers
Food Preservative
Pharmaceutical
Personal Care
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Benzenecarboxylic Acid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Benzenecarboxylic Acid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Benzenecarboxylic Acid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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