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The global benzyl alcohol market size was USD 57.20 Million in 2021 and is expected to register a revenue CAGR of 4.2% during the forecast period. Rising demand for benzyl alcohol as an anti-parasite medication and popular preservative in injectable pharmaceuticaldrugs, growing use of benzyl alcohol in paints and coatings, and growing consumer demand for benzyl alcohol as a preservative in skin creams in place of paraffin are primarily factors driving marketgrowth of the benzyl alcohol market.
The global market for benzyl alcohol is predicted to increase significantly over the next 10 years due to vast number of industries where the chemical is used as an ingredient, particularly in paint & coatings and cosmetics industries. A growing number of people are using commercially produced personal goods that have the chemical as an active element. Additionally, elderly people require ongoing medical assistance in the form of intravenous drugs that contain benzyl alcohol as a preservative.
The report studies the impact of the COVID-19 pandemic on the Benzyl Alcohol market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Segments Covered in this report are:
Competitive Outlook:
The global Benzyl Alcohol market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Benzyl Alcohol market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key Companies Profiled in the Report are:
Hubei Greenhome Materials Technology, Inc., Merck KGaA, Valtris Specialty Chemicals Limited, Finar Limited, Greenfield Global Inc., INEOS Group Ltd., Elan Chemical Company, Inc., Alfa Aesar, Wuhan Youji Industries Co., Ltd., and Lanxess Aktiengesellschaft.
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The report aims to provide a complete analysis of the global Benzyl Alcohol market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Benzyl Alcohol market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Highlights of Table of Contents (TOC):
Overview of Global Benzyl Alcohol Market
Competitive analysis of the Benzyl Alcohol market
Regional analysis of Global Benzyl Alcohol market production and revenue
Regional analysis of Global Benzyl Alcohol market supply, consumption, and export & import
Type-based market analysis of global Benzyl Alcohol production, revenue, and price trends
Application-based analysis of the global Benzyl Alcohol market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Benzyl Alcohol market
Global Benzyl Alcohol market forecast (2022-2030)
Conclusion of the research report
Appendix
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