Benzoic Acid Market worth USD 1,009.9 Million by 2023
Benzoic Acid Market is projected to grow from USD 1,009.9 Million in 2018 to USD
1,313.5 Million by 2023, at a CAGR of 5.4% from 2018 to 2023. Benzoic acid is
extensively used to manufacture sodium benzoate and potassium benzoate which
are also known as its derivatives.
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Target Audience
Manufacturers of Benzoic Acid and its Salts
Manufacturers of Benzoic Acid, End-use Industries
Traders, Distributors, and Suppliers of Benzoic Acid
Regional Manufacturers' Associations and Benzoic Acid
Government and Regional Agencies
Consulting Companies/Consultants in Chemical and Material Sectors
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Key players operating in the benzoic acid market include
Emerald Performance Materials (US)
Wuhan Youji Industries Co. (China)
Tianjin Dongda Chemical Group (China)
Liao Ning Huayi Chemical Industry & Commerce Co. (China).
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Research Methodology
The research methodology used to estimate and forecast the global benzoic acid market
began with capturing data on key vendor revenues through secondary sources, such as
D&B Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and
private websites. Vendor offerings were also taken into consideration to determine the
market segmentation. After arriving at the overall market size, the total market was