Report cover image

Global Benzoic Acid Market Size Study, by Application (Adhesives & Sealants, Polymer, Benzoates, Animal Feed Additive, Others), by End Use Industry (Food & Beverages, Paints & Coatings, Pharmaceuticals, Others), and Regional Forecasts 2024-2034

Publisher Factview Research
Published Aug 18, 2025
Length 285 Pages
SKU # FAVR20464261

Description

The Global Benzoic Acid Market is valued at approximately USD 0.7455 billion in 2024 and is poised to expand with a (CAGR) of 3.66% from 2024 to 2034.Benzoic acid, an indispensable chemical compound, is widely recognized for its versatile applications across diverse industries, such as food & beverages, pharmaceuticals, and industrial manufacturing. The compound serves as a precursor for various derivatives, including benzoates, benzoyl chloride, and benzoate plasticizers, which are integral to numerous end-use products.

The market is driven by the escalating demand for benzoic acid in food preservation and as a key ingredient in pharmaceutical formulations. With an ever-increasing emphasis on food safety, benzoic acid's role as an antimicrobial agent in packaged food products has gained significant traction. Similarly, its application in producing plasticizers and polymers, such as polyurethane and vinyl, further amplifies its market demand. Innovations in sustainable production processes and the incorporation of advanced technologies in industrial applications bolster market growth. However, challenges such as stringent regulatory frameworks and fluctuating raw material costs may hinder the market expansion during the forecast period.

Regionally, Europe emerges as the frontrunner, underpinned by the region's robust chemical manufacturing infrastructure and stringent regulations mandating high-quality food and pharmaceutical standards. The increasing adoption of benzoic acid derivatives in adhesives, sealants, and polymer production further accelerates growth in this region. Meanwhile, the Asia Pacific region is projected to witness the fastest growth, driven by rapid industrialization, a burgeoning middle-class population, and rising consumption in sectors such as automotive, construction, and food & beverages. The North American market also shows steady growth potential, propelled by advancements in food safety technologies and the rising focus on sustainable industrial practices.

Key market players contributing to the industry include:
  • 3D Systems Corporation
  • CollPlant Biotechnologies Ltd
  • Cyfuse Biomedical K.K
  • Desktop Metal, Inc.
  • Advanced Solutions, Inc.
  • Medprin Biotech GmbH
  • Organovo Holdings, Inc.
  • REGEMAT 3D S.L
  • Shining 3D
  • The Bio Convergence Company
  • BENEO GmbH
  • Arkema S.A.
  • BASF SE
  • Eastman Chemical Company
  • Emerald Performance Materials
The detailed segments and sub-segments of the market are explained below:

By Application
  • Adhesives & Sealants
  • Polymer
Polyurethane

Plastics

Vinyl

Rubber
  • Benzoates
  • Benzoate Plasticizers
  • Benzoyl Chloride
  • Animal Feed Additive
  • Others
By End Use Industry
  • Food & Beverages
  • Oil & Gas Industry
  • Paints & Coatings Industry
  • Automotive Industry
  • Pharmaceutical Industry
  • Others
By Region

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:
  • Historical Year: 2023
  • Base Year: 2024
  • Forecast Period: 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2024 to 2034.
  • Annualized revenue analysis for each market segment and region.
  • Detailed geographical insights with country-specific analysis for major regions.
  • In-depth competitive landscape analysis and key business strategy recommendations.
  • Comprehensive demand-side and supply-side market dynamics analysis.

Table of Contents

285 Pages
Chapter 1. Global Benzoic Acid Market Executive Summary
1.1. Global Benzoic Acid Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Application
1.3.2. By End Use Industry
1.4. Key Trends
1.5. Recession Impact
1.6 Investment Analysis
1.7 Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Benzoic Acid Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Benzoic Acid Market Dynamics
3.1. Market Drivers
3.1.1. Increasing Demand in Food Preservation
3.1.2. Growth in Pharmaceutical Applications
3.1.3. Advancements in Polymer Production
3.2. Market Challenges
3.2.1. Stringent Regulatory Frameworks
3.2.2. Fluctuating Raw Material Costs
3.3. Market Opportunities
3.3.1. Expansion in Emerging Markets
3.3.2. Innovations in Sustainable Production
3.3.3. Development of High-Performance Derivatives
Chapter 4. Global Benzoic Acid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Benzoic Acid Market Size & Forecasts by Application 2022-2032
5.1. Segment Dashboard
5.2. Global Benzoic Acid Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Adhesives & Sealants
5.2.2. Polymer
5.2.2.1. Polyurethane
5.2.2.2. Plastics
5.2.2.3. Vinyl
5.2.2.4. Rubber
5.2.3. Benzoates
5.2.4. Benzoate Plasticizers
5.2.5. Benzoyl Chloride
5.2.6. Animal Feed Additive
5.2.7. Others
Chapter 6. Global Benzoic Acid Market Size & Forecasts by End Use Industry 2022-2032
6.1. Segment Dashboard
6.2. Global Benzoic Acid Market: End Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Food & Beverages
6.2.2. Oil & Gas Industry
6.2.3. Paints & Coatings Industry
6.2.4. Automotive Industry
6.2.5. Pharmaceutical Industry
6.2.6. Others
Chapter 7. Global Benzoic Acid Market Size & Forecasts by Region 2022-2032
7.1. North America Benzoic Acid Market
7.1.1. U.S. Benzoic Acid Market
7.1.1.1. Adhesives & Sealants Breakdown Size & Forecasts, 2022-2032
7.1.1.2. Food & Beverages Breakdown Size & Forecasts, 2022-2032
7.1.2. Canada Benzoic Acid Market
7.2. Europe Benzoic Acid Market
7.2.1. U.K. Benzoic Acid Market
7.2.2. Germany Benzoic Acid Market
7.2.3. France Benzoic Acid Market
7.2.4. Spain Benzoic Acid Market
7.2.5. Italy Benzoic Acid Market
7.2.6. Rest of Europe Benzoic Acid Market
7.3. Asia-Pacific Benzoic Acid Market
7.3.1. China Benzoic Acid Market
7.3.2. India Benzoic Acid Market
7.3.3. Japan Benzoic Acid Market
7.3.4. Australia Benzoic Acid Market
7.3.5. South Korea Benzoic Acid Market
7.3.6. Rest of Asia Pacific Benzoic Acid Market
7.4. Latin America Benzoic Acid Market
7.4.1. Brazil Benzoic Acid Market
7.4.2. Mexico Benzoic Acid Market
7.4.3. Rest of Latin America Benzoic Acid Market
7.5. Middle East & Africa Benzoic Acid Market
7.5.1. Saudi Arabia Benzoic Acid Market
7.5.2. South Africa Benzoic Acid Market
7.5.3. Rest of Middle East & Africa Benzoic Acid Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. 3D Systems Corporation
8.1.2. CollPlant Biotechnologies Ltd
8.1.3. Cyfuse Biomedical K.K
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. 3D Systems Corporation
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. CollPlant Biotechnologies Ltd
8.3.3. Cyfuse Biomedical K.K
8.3.4. Desktop Metal, Inc.
8.3.5. Advanced Solutions, Inc.
8.3.6. Medprin Biotech GmbH
8.3.7. Organovo Holdings, Inc.
8.3.8. REGEMAT 3D S.L
8.3.9. Shining 3D
8.3.10. The Bio Convergence Company
8.3.11. BENEO GmbH
8.3.12. Arkema S.A.
8.3.13. BASF SE
8.3.14. Eastman Chemical Company
8.3.15. Emerald Performance Materials
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us