Benzyl Alcohol Market: Trends, Forecast and Competitive Analysis

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The future of the benzyl alcohol market looks promising with opportunities in the paint, coatings, and epoxy resins. The global benzyl alcohol market is expected to grow with a CAGR of 3%-5% from 2020 to 2025. The major drivers for this market are increasing demand from food and beverages, growing demand from cosmetics and personal care, and usage in the paints and coatings.

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The study includes trends and forecast for the global Benzyl alcohol market by application, end user, and region as follows:

By Application [Value ($ Million) shipment analysis for 2014 – 2025]:

Dielectric Solvent
Bacteriostatic preservative
Cleaning agent
Epoxy Resins
Synthetic Solvent
Others

By End User [Value ($ Million) shipment analysis for 2014 – 2025]:

Personal Care
Food and beverages
Pharmaceuticals
Paints and coatings
Others

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:

North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Russia
Asia Pacific
China
Japan
India
Australia
The Rest of the World

Some of the benzyl alcohol companies profiled in this report include Ineos AG., Hubei Greenhome Fine Chemical Co., Wuhan Biet Co., Ltd., Wuhan Youji Industries Co., Ltd., Emerald Performance Materials, Pharmco-Aaper, Lanxess, and Gujarat Alkalies. In this market, dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others are the major application of benzyl alcohol. Lucintel forecasts that bacteriostatic preservative will remain the largest segment over the forecast period because of very low concentration in the topical drugs, medicines, and cosmetics to preserve the products from producing bacteria and kill them when they reproducing.

Within this market, personal Care, food and beverages, pharmaceuticals, paints and coatings and Others are the major end-users of benzyl alcohol. Food and beverages will remain the largest segment by application type over the forecast period because owing to the increasing food demand from the ever-increasing global population, and rising spending power.

Asia-Pacific is expected to witness the highest growth over the forecast period because of owing to the demand from applications like solvents, preservatives, food additives, etc. and rising per capita healthcare expenditure attributing in the growth of pharmaceutical industry, which, in turn fueled the demand of benzyl alcohol during the forecast period.

Features of the Global Benzyl alcohol Market

Market Size Estimates: Global Benzyl alcohol market size estimation in terms of value ($M) shipment.
Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
Segmentation Analysis: Global Benzyl alcohol market size by various segments, such as application, and end-users in terms of value.
Regional Analysis: Global Benzyl alcohol market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different application, end-users and region for the global Benzyl alcohol market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global Benzyl alcohol market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global Benzyl alcohol market by application (dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others), end-users (personal Care, food and beverages, pharmaceuticals, paints and coatings and Others)and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global Benzyl alcohol market?
Q.5 What are the business risks and threats to the global Benzyl alcohol market?
Q.6 What are emerging trends in this Benzyl alcohol market and the reasons behind them?
Q.7 What are some changing demands of customers in this Benzyl alcohol market?
Q.8 What are the new developments in this Benzyl alcohol market? Which companies are leading these developments?
Q.9 Who are the major players in this Benzyl alcohol market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this Benzyl alcohol market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global Benzyl alcohol market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	More than 150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Application (dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others), End-users (personal Care, food and beverages, pharmaceuticals, paints and coatings and Others)
Regional Scope	North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Russia,), Asia Pacific (China, Japan, India, Australia), ROW
Customization	10% Customization without Any Additional Cost

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Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Benzyl alcohol Market Trends and Forecast

3.3: Global Benzyl alcohol Market by Application

3.3.1: Dielectric solvent

3.3.2: Bacteriostatic preservative

3.3.3: Cleaning agent

3.3.4: Epoxy Resins

3.3.5: Synthetic solvent

3.3.6: Others

3.4: Global Benzyl alcohol Market by End-users

3.4.1: Personal Care

3.4.2: Food and beverages

3.4.3: Pharmaceuticals

3.4.4: Paints and coatings

3.4.5: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global Benzyl alcohol Market by Region

4.2: North American Benzyl alcohol Market

4.2.1: Market by Application: dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others

4.2.2: Market by End-users: personal Care, food and beverages, pharmaceuticals, paints and coatings and Others

4.2.3: The United States Benzyl alcohol Market

4.2.4: The Canadian Benzyl alcohol Market

4.2.5: The Mexican Benzyl alcohol Market

4.3: European Benzyl alcohol Market

4.3.1: Market by Application: dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others

4.3.2: Market by End-users: personal Care, food and beverages, pharmaceuticals, paints and coatings and Others

4.3.3: The United Kingdom Benzyl alcohol Market

4.3.4: The German Benzyl alcohol Market

4.3.5: The French Benzyl alcohol Market

4.3.6: The Spain Benzyl alcohol Market

4.3.7: The Russian Benzyl alcohol Market

4.4: APAC Benzyl alcohol Market

4.4.1: Market by Application: dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others

4.4.2: Market by End-users: personal Care, food and beverages, pharmaceuticals, paints and coatings and Others

4.4.3: The Chinese Benzyl alcohol Market

4.4.4: The Japanese Benzyl alcohol Market

4.4.5: The Indian Benzyl alcohol Market

4.4.6: The Australia Benzyl alcohol Market

4.5: ROW Benzyl alcohol Market

4.5.1: Market by Application: dielectric solvent, bacteriostatic preservative, cleaning agent, epoxy Resins, synthetic solvent, and others

4.5.2: Market by End-users: personal Care, food and beverages, pharmaceuticals, paints and coatings and Others

5. Competitor Analysis

5.1: Market Share Analysis

5.2: Product Portfolio Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Cost of Goods Sold

6.2: SG&A

6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Benzyl alcohol Market by Application

7.1.2: Growth Opportunities for the Global Benzyl alcohol Market by End-users

7.1.3: Growth Opportunities for the Global Benzyl alcohol Market by Region

7.2: Emerging Trends in the Global Benzyl alcohol Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Benzyl alcohol Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Benzyl alcohol Market

7.3.4: Certification and Licensing

8. Company Profiles of Leading Players

8.1: Ineos AG

8.2: Hubei Greenhome Fine Chemical Co

8.3: Wuhan Biet Co., Ltd.

8.4: Wuhan Youji Industries Co., Ltd

8.5: Emerald Performance Materials

8.6: Pharmco-Aaper

8.7: Gujarat Alkalies

8.8: Lanxess

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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