Chemical industry reports Benzoic Acid Market Trends and Forecasts | Page 3
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in 2014 contributing to over 20% of the global production. The U.S., a prime region in North
America, accounted for more than 10% of the global demand (in terms of volume) during the
same year.
Major players in the worldwide Benzoic Acid Market are Emerald Kalama, Shree Hari Chemicals
Export Ltd., Novaphene, Chemcrux Enterprises Ltd., and Huangshi Taihua Industry Science And
Technology Develop Co., Limited. For enhanced production, Emerald Kalama declared that it
would establish benzoic acid plants in Rotterdam in the near future. This could add to its
production capacity by 100,000 metric tons yearly. The company has also allied with The
Chemical Company to distribute its K-Flex plasticizers. This may expand its global reach
significantly in the forthcoming years.
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