DUBLIN--(BUSINESS WIRE)--The "Global Benzyl Alcohol Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Benzyl Alcohol Market is expected to reach US$ 282.3 million by 2025, expanding at a CAGR of 4.2% during the forecast period 2017 - 2025.
Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol.
Global benzyl alcohol market is segmented on the basis of application and geography. Based on application, paints and coating application segment accounted for the largest share in global benzyl alcohol market. Growing demand for paints and coating due to growing urbanization and infrastructural development along with increasing demand for automobiles is projected to drive the growth of the segment.
On the basis of geography, North America was estimated to be the largest market for benzyl alcohol in 2016 and projected to maintain its dominance during the forecast period. Growing demand from end use industries such as paint & coating, pharmaceuticals and personal care industries is projected to drive the growth for benzyl alcohol market.
Benzyl alcohol market is mainly dominated by two major players Hubei Greenhome Fine Chemical Co. Ltd. and Emerald Performance Materials. Thus, major player are investing in research and development, merger and acquisition with focus on improve their product portfolio and market penetration.
- Merger & Acquisition
- Investment in R&D
Key Topics Covered
2. Executive Summary
3. Global Benzyl Alcohol Market Dynamics
4. Global Benzyl Alcohol Market Size & Forecast (Kilo Tons) (US$ Mn), by Application, 2015 - 2025
5. Global Benzyl Alcohol Market Size & Forecast (Kilo Tons) (US$ Mn), by Geography, 2015 - 2025
6. Company Profiles
- Avantor Performance Materials
- Alfa Aesar
- Emerald Performance Materials, LLC
- Elan Chemical Company Inc.
- Finar Limited
- Gujarat Alkalies and Chemicals Limited
- Hubei Greenhome Fine Chemical Co. Ltd.
- Ineos AG
- Merck KGaA
- Wuhan Youji Industries Co. Ltd
- Wuhan Biet Co. Ltd.
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