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Industrial Benzyl Alcohol Market Report and Forecast 2025-2034

Published Jul 29, 2025
Length 155 Pages
SKU # EMAR20318913

Description

The global industrial benzyl alcohol market size stood at a value of around USD 237.49 Million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 3.90% to reach USD 348.18 Million by 2034.

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
Regional markets for the product include:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • 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.

Table of Contents

155 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Industrial Benzyl Alcohol Market Analysis
5.1 Key Industry Highlights
5.2 Global Industrial Benzyl Alcohol Historical Market (2018-2024)
5.3 Global Industrial Benzyl Alcohol Market Forecast (2025-2034)
5.4 Global Industrial Benzyl Alcohol Market by Product
5.4.1 Solid
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Powder
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Liquid
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Others
5.5 Global Industrial Benzyl Alcohol Market by End Use
5.5.1 Personal Care
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Food and Beverages
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Pharmaceutical
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Paints and Coatings
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Others
5.6 Global Industrial Benzyl Alcohol Market by Application
5.6.1 Coating Solvent
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Stabiliser
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Resin Solvent
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Medicine Preservatives
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Others
5.7 Global Industrial Benzyl Alcohol Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Industrial Benzyl Alcohol Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Industrial Benzyl Alcohol Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Industrial Benzyl Alcohol Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Industrial Benzyl Alcohol Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Industrial Benzyl Alcohol Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 29621)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 LobaChemie Pvt. Ltd.
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Merck KGaA
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Malhotra Organic Ltd.
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Greenfield Global Inc.
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 LANXESS AG
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Others
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