Benzaldehyde (C6H5CHO) is an organic compound consisting of a benzene ring with a formyl substituent. It is colorless liquid has a characteristic almond-like odor.
Benzaldehyde is mainly classified into two types: FCC grade and technical grade. And technical grade is the most widely used type which takes up about 68.5% of the global total production in 2016. Benzaldehyde mainly made from toluene. Benzaldehyde is mainly used for pharmaceuticals, Spices chemicals, dye, etc.
The global benzaldehyde average price is in the upward trend, from 2116 USD/MT in 2012 to 2191 USD/MT in 2016. The price will be in increase trend if more capacity goes into operation and price of the raw material keep stable, but the Labor costs and environmental costs have increased year by year. The benzaldehyde sales will reach about 117 MT in 2023, with the CAGR of 3.18%.
Europe is the largest consumption region of benzaldehyde in the world in the past few years and it will keep the same position in the next few years. The China market took up about 28% the global market in 2016, followed by USA (16%) and India (8.8%)
China USA and Europe are now the key producers of benzaldehyde. The total market is relatively concentrated, and few manufacturers occupied most of the market share.
Emerald Performance Materials, Jiangsu Jiujiu Jiu Technology, Jiangsu Jiamai Chemical are the key producers in the global benzaldehyde market. Top six took up about 73% of the global revenue market in 2016. The potential of Spices chemicals, pharmaceuticals, agriculture and dye will drive the development of benzaldehyde industry
According to this study, over the next five years the Benzaldehyde market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 270 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Benzaldehyde business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Benzaldehyde market by product type, application, key manufacturers and key regions and countries.
This study considers the Benzaldehyde value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
FCC Grade
Technical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Spices
Pharmaceuticals
Agricultural
Dye
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Emerald Performance Materials
Lanxess
Kadillac Chemicals
Shimmer Chemicals
Jiangsu Jiujiu Jiu Technology
Jiangsu Jiamai Chemical
Lianyungang Taile Chemical
Wuhan Dico Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Benzaldehyde consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Benzaldehyde market by identifying its various subsegments.
Focuses on the key global Benzaldehyde manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Benzaldehyde with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Benzaldehyde submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Benzaldehyde . Industry analysis & Market Report on Benzaldehyde is a syndicated market report, published as Global Benzaldehyde Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Benzaldehyde market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.