Benzenecarboxylic Acid Market Global Insights and Growing Trends 2022 to 2029

Global Benzenecarboxylic acid Market was valued at USD 948.60 million in 2021 and is expected to reach USD 1444.80 million by 2029, registering a CAGR of 5.40% during the forecast period of 2022-2029.

The Global Benzenecarboxylic Acid Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Benzenecarboxylic Acid Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

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Top Key Players in the Global Benzenecarboxylic Acid Market: LANXESS (U.S.), Dongda (China), LiaoNing Huayi Chemical Industry Commerce Co. Ltd., (China), Novaphene (India), HUANGSHI TAIHUA INDUSTRY CO. LTD. (China), Shri Hari Chemicals (India), Sinteza (Romania), Chemcrux Enterprises Ltd. (India), FUSHIMI Pharmaceutical Co., Ltd. (Japan), San Fu Chemical Co., Ltd. (Taiwan), DOW (U.S.), DuPont (U.S.), Apollo Scientific Ltd (U.S.), Clarion Drugs Ltd. (India), Ganesh Benzoplast Limited (India), Shanghai Danfan Network ScienceTechnology Co., Ltd. (China) and Other.

Global Benzenecarboxylic Acid Market Segmentation:

Product Method

  • Grignard reagents
  • Friedel-Crafts reaction
  • Others

On the basis of product method, the benzenecarboxylic acid market has been segmented into grignard reagents, friedel-crafts reaction and others.

Application

  • Sodium Benzoate
  • Potassium Benzoate
  • Benzyl Benzoate
  • Benzoate Plasticizer
  • Alkyd Resin
  • Benzoyl Chloride
  • Feed Additive
  • Others

The benzenecarboxylic acid market has also been segmented on the basis of form into sodium benzoate, potassium benzoate, benzyl benzoate, benzoate plasticizer, alkyd resin, benzoyl chloride, feed additive and others.

End-Use

  • Food and Beverages
  • Chemical Industry
  • Pharmaceutical Industry
  • Others

On the basis of end-use, the benzenecarboxylic acid market is segmented into food and beverages, chemical industry, pharmaceutical industry and others.

Regional Coverage:

North America (U.S., Canada)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

Middle East Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Regional Insights:

The market for benzenecarboxylic acid is dominated by North America due to its widespread use in numerous end-user industries. Additionally, India and China have significant per capita plastic consumption, which has raised the use of plasticizers and accelerated the industry.

On the other hand, Asia-Pacific is anticipated to have profitable growth from 2022 to 2029 because of the region's growing need for food preservatives in China and India.

Important Sections from the Table of Contents:

  • Global Benzenecarboxylic Acid Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Benzenecarboxylic Acid Market Forecast

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