Benzyl Alcohol Market Research Report and Forecast up to 2024 Benzyl Alcohol Market - Global Industry Analysis,
Benzyl Alcohol Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
Benzyl alcohol is an aromatic alcohol, which is metabolized into benzoic acid inthe
human body. Benzyl alcohol is manufactured by hydrolysis of benzyl chloride in the
presence of soda ash through the toluene oxidation process. It can also be produced
from benzyl acetate by hydrolysis or by trans esterification with methanol. Benzyl
alcohol plays an important role in a wide range of end-user industries such as
personal care, food & beverages, pharmaceutical, and paints & coatings. It is
extensively used as an intermediate in the production of a large number of
chemicals. Increase in usage of personal care products and rise in demand for
pharmaceutical products, i.e. excipients, especially in developing regions, are
anticipated to boost the benzyl alcohol market during the forecast period. However,
toxic effects of benzyl alcohol are expected to hamper market growth. High growth
potential in emerging economies is estimated to act as a major opportunity for the
benzyl alcohol market in the near future.
This report analyzes and forecasts the market for benzyl alcohol at the global and
regional level. The market has been forecast based on volume (kilo tons) and
revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study
includes drivers and restraints of the global benzyl alcohol market. It also covers the
impact of these on the demand for benzyl alcohol during the forecast period. The
report also highlights opportunities in the benzyl alcohol market at the global and
regional level.
This 143 page report gives readers a comprehensive overview of the
Benzyl Alcohol market Browse through 45 data tables and 29 figures to
unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/benzyl-alcohol-market.html
The report includes detailed value chain analysis, which provides a comprehensive
view of the global benzyl alcohol market. Porter’s Five Forces model for the benzyl
alcohol market has also been included to help understand the competitive
landscape in the market. The study encompasses market attractiveness analysis,
wherein end-users are benchmarked based on their market size, growth rate, and
general attractiveness.