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Global Benzyl Alcohol Market 2017-2021

Global Benzyl Alcohol Market 2017-2021

About Benzyl Alcohol

Benzyl alcohol is a colorless aromatic liquid that is metabolized into benzoic acid in the human body. Oxidation of toluene and hydrolysis of benzyl chloride in the presence of soda ash are two ways of producing benzyl alcohol. It is a natural ingredient found in plants, fruits, and tea. Essential oils such as jasmine, ylang-ylang, and hyacinth are used in the production of benzyl alcohol. It is used in numerous end-user industries such as personal care, paints and coatings, food and beverage (F&B), and pharmaceutical. It is widely used as an intermediate in the production of chemicals. Increasing demand for benzyl alcohol in personal care products and the growing demand for excipients are anticipated to drive growth in the global benzyl alcohol market during the forecast period.

Technavio’s analysts forecast the global benzyl alcohol market to grow at a CAGR of 5.42% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global benzyl alcohol market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of paints and coatings, personal care, pharmaceutical, and others.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Benzyl Alcohol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Emerald Performance Materials
  • Gujarat Alkalies and Chemicals
  • INEOS
  • LANXESS
  • Merck
Other prominent vendors
  • Company
  • Capri Enterprise
  • Charkit Chemical
  • Elan-Chemical
  • Expo Essential Oils
  • First Source Worldwide
  • Haihang Industry
  • Haviland USA
  • Hydrite Chemical
  • Innova Chemicals
  • Krishna Chemicals
  • PHARMCO-AAPER
  • Premier Group
  • Shimmer Chemicals
  • SOVIKA GROUP OF COMPANIES
  • Sudha Chemicals
  • TCI Chemicals
  • The Chemical Company
  • Triveni Interchem
  • Vigon International
Market driver
  • Role of benzyl alcohol as a preservative and flavoring agent
  • For a full, detailed list, view our report
Market challenge
  • Harmful effects of benzyl alcohol
  • For a full, detailed list, view our report
Market trend
  • Increasing use of benzyl alcohol in personal care products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Benzyl Alcohol Market 2017-2021

Technavio recognizes the following companies as the key players in the global benzyl alcohol market: Emerald Performance Materials, Gujarat Alkalies and Chemicals, INEOS , LANXESS, and Merck

Other Prominent Vendors in the market are: Capri Enterprise, Charkit Chemical, Elan-Chemical, Expo Essential Oils, First Source Worldwide, Haihang Industry, Haviland USA, Hydrite Chemical, Innova Chemicals, Krishna Chemicals, PHARMCO-AAPER, Premier Group, Shimmer Chemicals, SOVIKA GROUP OF COMPANIES,Sudha Chemicals,TCI Chemicals,The Chemical Company,Triveni Interchem, and Vigon International

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use of benzyl alcohol in personal care products

Benzyl alcohol is used as a preservative in personal care products and cosmetics such as body lotions, sunscreens, shampoos, soaps, and hair care solutions. It is derived from organic sources and is thus in high demand. The rising demand for perfumed lotions and other fragrant products has increased the customer base of benzyl alcohol.”

According to the report, one of the major drivers for this market is Role of benzyl alcohol as a preservative and flavoring agent. Benzyl alcohol is used as a flavoring agent in food and beverages. It increases the shelf life of food products and is thus popularly used in the F&B industry. The emergence of new business models is expected to transform the entire food retail scenario, which will increase the demand for processed food and beverages. Busy lifestyles and change in food habits fuel the demand for ready-to-eat meals.

Further, the report states that one of the major factors hindering the growth of this market is Harmful effects of benzyl alcohol. Benzyl alcohol is used in numerous industrial applications and the global benzyl market is growing at a moderate rate. However, side effects caused by the toxic content in the chemical limits its widespread use. Preservatives used in food and beverages should inhibit the growth of microbial organisms without any adverse effect on human health. Benzyl alcohol used in food and beverages is known to have a mild effect on human cells. It causes mild irritation to skin, mucous membrane, and eyes.

Companies Mentioned

Emerald Performance Materials, Gujarat Alkalies and Chemicals, INEOS , LANXESS, Merck, Capri Enterprise, Charkit Chemical, Elan-Chemical, Expo Essential Oils, First Source Worldwide, Haihang Industry, Haviland USA, Hydrite Chemical, Innova Chemicals, Krishna Chemicals, PHARMCO-AAPER, Premier Group, Shimmer Chemicals, SOVIKA GROUP OF COMPANIES,Sudha Chemicals,TCI Chemicals,The Chemical Company,Triveni Interchem, and Vigon International

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast
      • Table Global benzyl alcohol market– Market size and forecast 2016-2021 ($ millions)
      • Table Global benzyl alcohol market – Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by end-user
    • Global benzyl alcohol market by end-user
      • Table Global benzyl alcohol market share by end-user 2016-2021 (% share of revenue)
    • Comparison by end-user
      • Table Comparison by end-user
    • Global benzyl alcohol market by paints and coatings
      • Table Global benzyl alcohol market by paints and coatings 2016-2021 ($ millions)
      • Table Global benzyl alcohol market by paints and coatings – Year-over-year growth 2017-2021 (%)
    • Global benzyl alcohol market by personal care
      • Table Global benzyl alcohol market by personal care 2016-2021 ($ millions)
      • Table Global benzyl alcohol market by personal care – Year-over-year growth 2017-2021 (%)
    • Global benzyl alcohol market by pharmaceutical
      • Table Global benzyl alcohol market by pharmaceutical 2016-2021 ($ millions)
      • Table Global benzyl alcohol market by pharmaceutical – Year-over-year growth 2017-2021 (%)
    • Global benzyl alcohol market by other end-users
      • Table Global benzyl alcohol market by other end-users 2016-2021 ($ millions)
      • Table Global benzyl alcohol market by other end-users– Year-over-year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Global benzyl alcohol market by geography
      • Table Global benzyl alcohol market by region 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast
      • Table Americas – Market size and forecast 2016-2021 ($ millions)
      • Table Americas – Year-over-year growth 2017-2021 (%)
    • EMEA – Market size and forecast 2016-2021
      • Table EMEA – Market size and forecast 2016-2021 ($ millions)
      • Table EMEA – Year-over-year growth 2017-2021 (%)
    • APAC – Market size and forecast
      • Table APAC – Market size and forecast 2016-2021 ($ millions)
      • Table APAC – Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing use of benzyl alcohol in personal care products
    • Increased demand for benzyl alcohol in APAC
    • Expansion of pharmaceutical and wellness markets
  • Vendor landscape
    • Competitive landscape
    • Key vendors in global benzyl alcohol market
      • Table Key vendors in global benzyl alcohol market 2016
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
    • Emerald Performance Materials
      • Table Emerald Performance Materials: Products offered
      • Table Emerald Performance Materials: Applications
    • Gujarat Alkalies and Chemicals
      • Table Gujarat Alkalies and Chemicals: Product group segmentation
    • INEOS
      • Table INEOS: Business segmentation by revenue 2016 (% share)
      • Table INEOS: Geographic segmentation by revenue 2016 (% share)
      • Table INEOS: Grades of benzyl alcohol
    • LANXESS
      • Table LANXESS: Business segmentation by revenue 2016 (% share)
      • Table LANXESS: Geographic segmentation by revenue 2016 (% share)
    • Merck
      • Table Merck: Business segmentation by revenue 2016 (% share)
      • Table Merck: Geographic segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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