Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Industrial Benzyl Alcohol Market Size, Growth, Analysis, Research: By Product: Solid, Powder, Liquid, Others; By End Use: Personal Care, Food and Beverages, Pharmaceutical, Paints and Coatings, Others; By Application: Coating Solvent, Others; Regional Analysis; Competitive Landscape: Industry Events and Developments; 2022-2027

Global Industrial Benzyl Alcohol Market Outlook

The global industrial benzyl alcohol market size stood at a value of around USD 220 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 3.90% to reach USD 276.8 million by 2027. 

 

Increasing Demands from the Pharmaceutical Sector is Driving the Global Industrial Benzyl Alcohol Industry

Liquid benzyl alcohol solution with 10% concentration of the compound is utilised as a local anaesthetic and as an anti-microbial agent. In this regard, the product is witnessing a heightened demand from the healthcare sector. Over the forecast period, the benzyl alcohol lotion is likely to gain traction in the pharmaceutical industry owing to its anti-lice properties. The compound is helpful in various hair and scalp medications. 

 

Meanwhile, benzyl alcohol is utilised as a solvent in the production of epoxy resin coatings and inks, which is a crucial driving factor of the market. Liquid benzyl alcohol is also a crucial ingredient in the manufacture of perfumes. Hence, the increasing demand for perfumes is likely to propel the industrial benzyl alcohol market in the coming years. 

 

Asia Pacific Region Accounts for a Substantial Market Share for Industrial Benzyl Alcohol

The market in the Asia Pacific region is being driven by the strong supply chain of the product owing to the heightened demand from the pharmaceutical and food and beverage industries. The large population base in the emerging economies such as India and China is likely to generate a high demand for the downstream cosmetic products of benzyl alcohol. This factor is further contributing to the market growth. 

 

Over the forecast period, the strong foothold of major paints and coating suppliers in the region is likely to be a key driving factor, owing to rapid urbanisation and the thriving industrial construction sector. The increasing consumption of adhesives, sealants, and pharmaceutical products in China is likely to lead to an increased demand for industrial benzyl alcohol in the near future.

 

Market Segmentation

Industrial benzyl alcohol is defined as a colourless aromatic alcohol which has a pleasant odour. It has a burning taste and is generally used as a flavouring agent in foods. The compound is procured by hydrolysing benzyl chloride. It is marginally denser than water and is used extensively in the industrial sector. 

 

Based on product, the industrial benzyl alcohol market can be segmented into:

  • Solid
  • Powder
  • Liquid
  • Others

 

By end use, the market has been divided into:

  • Personal Care
  • Pharmaceutical
  • Food and Beverages
  • Paints and Coatings
  • Others

 

On the basis of application, the market has been categorised into:

  • Coating Solvent
  • Stabiliser
  • Medicine Preservatives
  • Resin Solvent
  • Others

 

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Heightened Growth of the Personal Care Sector Sector to Boost the Growth of the Industrial Benzyl Alcohol Industry

Benzyl alcohol is used in bath products, baby products, soaps and detergents, and skincare products, among others. Hence, the heightened growth attained by the personal care sector is driving the demand for the industrial benzyl alcohol market. In addition to this, the growing research and development activities aimed towards developing high-quality skin and hair care products is generating significant growth opportunities for the product. 

 

In the coming years, the increasing use of benzyl alcohol in the food and beverage industry as a food flavouring agent in various cuisines is anticipated to increase the utilisation of the product in food service platforms such as restaurants and hotels. 

 

Benzyl alcohol is also known to increase the shelf life of food substances. Therefore, the anticipated increase in packaged mushrooms, cranberries, and honey, among others, is likely to contribute to the market growth in the coming years. The increasing application of the compound in paints and coatings is likely to bolster the market growth owing to the thriving construction industry.  

 

Key Players in the Global Industrial Benzyl Alcohol Market

The report gives a detailed analysis of the following key players in the global market for industrial benzyl alcohol, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • LobaChemie Pvt. Ltd.
  • Merck KGaA 
  • Malhotra Organic Ltd.
  • Greenfield Global Inc.
  • LANXESS AG 
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product 
  • End Use
  • Application
  • Region
Breakup by Product 
  • Solid
  • Powder
  • Liquid
  • Others
Breakup by End Use
  • Personal Care
  • Food and Beverages
  • Pharmaceutical
  • Paints and Coatings
  • Others
Breakup by Application
  • Coating Solvent
  • Stabiliser
  • Resin Solvent
  • Medicine Preservatives
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • LobaChemie Pvt. Ltd.
  • Merck KGaA 
  • Malhotra Organic Ltd.
  • Greenfield Global Inc.
  • LANXESS AG 
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Application
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industrial Benzyl Alcohol Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industrial Benzyl Alcohol Historical Market (2017-2021) 
    8.3    Global Industrial Benzyl Alcohol Market Forecast (2022-2027)
    8.4    Global Industrial Benzyl Alcohol Market by Product 
        8.4.1    Solid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Powder
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Liquid
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Others
    8.5    Global Industrial Benzyl Alcohol Market by End Use
        8.5.1    Personal Care
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Food and Beverages
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Pharmaceutical    
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Paints and Coatings
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Industrial Benzyl Alcohol Market by Application
        8.6.1    Coating Solvent
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Stabiliser
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Resin Solvent
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Medicine Preservatives
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Others
    8.7    Global Industrial Benzyl Alcohol Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021) 
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021) 
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021) 
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021) 
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021) 
            8.7.5.3    Forecast Trend (2022-2027)
9    North America Industrial Benzyl Alcohol Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2017-2021) 
        9.1.3    Forecast Trend (2022-2027)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2017-2021) 
        9.2.3    Forecast Trend (2022-2027)
10    Europe Industrial Benzyl Alcohol Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2017-2021) 
        10.1.3    Forecast Trend (2022-2027)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2017-2021) 
        10.2.3    Forecast Trend (2022-2027)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2017-2021) 
        10.3.3    Forecast Trend (2022-2027)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2017-2021) 
        10.4.3    Forecast Trend (2022-2027)
    10.5    Others
11    Asia Pacific Industrial Benzyl Alcohol Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2017-2021) 
        11.1.3    Forecast Trend (2022-2027)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2017-2021) 
        11.2.3    Forecast Trend (2022-2027)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2017-2021) 
        11.3.3    Forecast Trend (2022-2027)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2017-2021) 
        11.4.3    Forecast Trend (2022-2027)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2017-2021) 
        11.5.3    Forecast Trend (2022-2027)
    11.6    Others
12    Latin America Industrial Benzyl Alcohol Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2017-2021) 
        12.1.3    Forecast Trend (2022-2027)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2017-2021) 
        12.2.3    Forecast Trend (2022-2027)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2017-2021) 
        12.3.3    Forecast Trend (2022-2027)
    12.4    Others
13    Middle East and Africa Industrial Benzyl Alcohol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2017-2021) 
        13.1.3    Forecast Trend (2022-2027)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2017-2021) 
        13.2.3    Forecast Trend (2022-2027)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2017-2021) 
        13.3.3    Forecast Trend (2022-2027)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2017-2021) 
        13.4.3    Forecast Trend (2022-2027)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code - 290621)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2      By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    LobaChemie Pvt. Ltd. 
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Merck KGaA 
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Malhotra Organic Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Greenfield Global Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    LANXESS AG 
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market
 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment 
 

List of Key Figures and Tables

1.    Global Industrial Benzyl Alcohol Market: Key Industry Highlights, 2017 and 2027
2.    Global Industrial Benzyl Alcohol Historical Market: Breakup by Product (USD Million), 2017-2021
3.    Global Industrial Benzyl Alcohol Market Forecast: Breakup by Product (USD Million), 2022-2027
4.    Global Industrial Benzyl Alcohol Historical Market: Breakup by End Use (USD Million), 2017-2021
5.    Global Industrial Benzyl Alcohol Market Forecast: Breakup by End Use (USD Million), 2022-2027
6.    Global Industrial Benzyl Alcohol Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Industrial Benzyl Alcohol Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Industrial Benzyl Alcohol Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Industrial Benzyl Alcohol Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Industrial Benzyl Alcohol Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Industrial Benzyl Alcohol Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Industrial Benzyl Alcohol Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Industrial Benzyl Alcohol Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Industrial Benzyl Alcohol Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Industrial Benzyl Alcohol Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Industrial Benzyl Alcohol Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Industrial Benzyl Alcohol Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Industrial Benzyl Alcohol Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Industrial Benzyl Alcohol Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Major Importing Countries by Volume 
21.    Major Exporting Countries by Volume
22.    Major Importing Countries by Value 
23.    Major Exporting Countries by Value 
24.    North America Historical Price Trends and Forecast 2017-2027
25.    Europe Historical Price Trends and Forecast 2017-2027
26.    Asia Pacific Historical Price Trends and Forecast 2017-2027
27.    Latin America Historical Price Trends and Forecast 2017-2027
28.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
29.    Global Industrial Benzyl Alcohol Market Structure

Key Questions Answered in the Report

In 2021, the global market attained a value of nearly USD 220 million.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 276.8 billion by 2027. 

The market is estimated to grow at a CAGR of 3.90% between 2022 and 2027.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the market include the rising application of benzyl alcohol in variety of products including paints and coatings, adhesives and sealants, cosmetics, and pharmaceuticals, increasing utilisation of the product as a local anaesthetic, and the thriving food and beverage industry.

The increasing competition between the major hair and skincare care companies leading to heightened research and development activities are likely to be the key trends in the market. 

Solid, powder, and liquid, among others are the are the different products based on which the market has been divided.

Personal care, food and beverages, pharmaceutical, and paints and coatings, among others is the segmentation of market based on end use.

Coating solvent, stabiliser, resin solvent, and medicine preservatives, among others are the different applications considered in the market report.

The major players in the industry are LobaChemie Pvt. Ltd., Merck KGaA, Malhotra Organic Ltd., Greenfield Global Inc., and LANXESS AG, among others. 

Purchase Full Report

Mini Report

$ 2199     $1799
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER