Table of Content

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Benzoic Acid Market, by Region

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for benzoic acid from the food & beverages industry
5.1.1.2. Rising demand of convenience and ready to eat food products
5.1.1.3. Benzoic acid in pharmaceutical preparations
5.1.2. Restraints
5.1.2.1. Fluctuating price of raw material
5.1.3. Opportunities
5.1.3.1. Increasing application in paper industries
5.1.3.2. Rising demand from cosmetic and personal care products
5.1.4. Challenges
5.1.4.1. Regulation regarding the usage of benzoic acid
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Benzoic Acid Market, by Function
6.1. Introduction
6.2. Alkyd Resins
6.3. Animal Feed Additive
6.4. Benzoate Plasticizers
6.5. Benzoates
6.6. Benzoyl Chloride

7. Benzoic Acid Market, by End-User
7.1. Introduction
7.2. Chemical
7.3. Food & Beverages
7.4. Pharmaceutical

8. Americas Benzoic Acid Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Benzoic Acid Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Benzoic Acid Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Avantor, Inc.
12.1.2. Chemcrux Enterprises Ltd.
12.1.3. Eastman Chemical Company
12.1.4. Ganesh Benzoplast Limited
12.1.5. Hemadri Chemicals
12.1.6. Huangshi Taihua Industry Co. Ltd.
12.1.7. I G Petrochemicals Ltd.
12.1.8. MP Biomedicals, LLC by Valiant Co., Ltd.
12.1.9. Reliance Industries Limited
12.1.10. San Fu Chemical Co., Ltd.
12.1.11. Sinteza SA
12.1.12. Spectrum Chemical Mfg. Corp.
12.1.13. Thermo Fisher Scientific, Inc.
12.1.14. Tianjin Dongda Chemical Group Co. Ltd.
12.1.15. Wuhan YouJi Industries Company Limited
12.2. Key Product Portfolio

13. Appendix
13.1. Discussion Guide
13.2. License & Pricing



List of Figures

FIGURE 1. BENZOIC ACID MARKET RESEARCH PROCESS
FIGURE 2. BENZOIC ACID MARKET SIZE, 2023 VS 2030
FIGURE 3. BENZOIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BENZOIC ACID MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BENZOIC ACID MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BENZOIC ACID MARKET DYNAMICS
FIGURE 7. BENZOIC ACID MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 8. BENZOIC ACID MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BENZOIC ACID MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. BENZOIC ACID MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES BENZOIC ACID MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES BENZOIC ACID MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA BENZOIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. BENZOIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. BENZOIC ACID MARKET SHARE, BY KEY PLAYER, 2023

List of Tables

TABLE 1. BENZOIC ACID MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
TABLE 3. BENZOIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. GLOBAL BENZOIC ACID MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
TABLE 5. BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 6. BENZOIC ACID MARKET SIZE, BY ALKYD RESINS, BY REGION, 2018-2030 (USD MILLION)
TABLE 7. BENZOIC ACID MARKET SIZE, BY ANIMAL FEED ADDITIVE, BY REGION, 2018-2030 (USD MILLION)
TABLE 8. BENZOIC ACID MARKET SIZE, BY BENZOATE PLASTICIZERS, BY REGION, 2018-2030 (USD MILLION)
TABLE 9. BENZOIC ACID MARKET SIZE, BY BENZOATES, BY REGION, 2018-2030 (USD MILLION)
TABLE 10. BENZOIC ACID MARKET SIZE, BY BENZOYL CHLORIDE, BY REGION, 2018-2030 (USD MILLION)
TABLE 11. BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 12. BENZOIC ACID MARKET SIZE, BY CHEMICAL, BY REGION, 2018-2030 (USD MILLION)
TABLE 13. BENZOIC ACID MARKET SIZE, BY FOOD & BEVERAGES, BY REGION, 2018-2030 (USD MILLION)
TABLE 14. BENZOIC ACID MARKET SIZE, BY PHARMACEUTICAL, BY REGION, 2018-2030 (USD MILLION)
TABLE 15. AMERICAS BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 16. AMERICAS BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 17. AMERICAS BENZOIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 18. ARGENTINA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 19. ARGENTINA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 20. BRAZIL BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 21. BRAZIL BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 22. CANADA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 23. CANADA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 24. MEXICO BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 25. MEXICO BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 26. UNITED STATES BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 27. UNITED STATES BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 28. UNITED STATES BENZOIC ACID MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 29. ASIA-PACIFIC BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 30. ASIA-PACIFIC BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 31. ASIA-PACIFIC BENZOIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 32. AUSTRALIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 33. AUSTRALIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 34. CHINA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 35. CHINA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 36. INDIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 37. INDIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 38. INDONESIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 39. INDONESIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 40. JAPAN BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 41. JAPAN BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 42. MALAYSIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 43. MALAYSIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 44. PHILIPPINES BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 45. PHILIPPINES BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 46. SINGAPORE BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 47. SINGAPORE BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 48. SOUTH KOREA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 49. SOUTH KOREA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 50. TAIWAN BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 51. TAIWAN BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 52. THAILAND BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 53. THAILAND BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 54. VIETNAM BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 55. VIETNAM BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 56. EUROPE, MIDDLE EAST & AFRICA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 57. EUROPE, MIDDLE EAST & AFRICA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 58. EUROPE, MIDDLE EAST & AFRICA BENZOIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 59. DENMARK BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 60. DENMARK BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 61. EGYPT BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 62. EGYPT BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 63. FINLAND BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 64. FINLAND BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 65. FRANCE BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 66. FRANCE BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 67. GERMANY BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 68. GERMANY BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 69. ISRAEL BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 70. ISRAEL BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 71. ITALY BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 72. ITALY BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 73. NETHERLANDS BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 74. NETHERLANDS BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 75. NIGERIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 76. NIGERIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 77. NORWAY BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 78. NORWAY BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 79. POLAND BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 80. POLAND BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 81. QATAR BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 82. QATAR BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 83. RUSSIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 84. RUSSIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 85. SAUDI ARABIA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 86. SAUDI ARABIA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 87. SOUTH AFRICA BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 88. SOUTH AFRICA BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 89. SPAIN BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 90. SPAIN BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 91. SWEDEN BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 92. SWEDEN BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 93. SWITZERLAND BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 94. SWITZERLAND BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 95. TURKEY BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 96. TURKEY BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 97. UNITED ARAB EMIRATES BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 98. UNITED ARAB EMIRATES BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 99. UNITED KINGDOM BENZOIC ACID MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
TABLE 100. UNITED KINGDOM BENZOIC ACID MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 101. BENZOIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
TABLE 102. BENZOIC ACID MARKET SHARE, BY KEY PLAYER, 2023
TABLE 103. BENZOIC ACID MARKET LICENSE & PRICING