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, according to latest analysis by Emergen Research. 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 study draws a forecast of the growth of the Benzyl Alcohol market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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Key companies operating in the Benzyl Alcohol market include:

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.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Benzyl Alcohol market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Benzyl Alcohol Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Based on the product type, the Benzyl Alcohol market is segmented into:

• Grade Outlook (Revenue, USD Million; 2019-2030)

  • Industrial Grade
  • Food Grade
  • Pharmaceutical Grade
  • Others

• Application Outlook (Revenue, USD Million; 2019-2030)

  • Cleaning Agent
  • Synthetic Solvent
  • Epoxy Resins
  • Bacteriostatic Preservatives
  • Dielectric Solvent
  • Others

• End-Use Outlook (Revenue, USD Million; 2019-2030)

  • Food Beverages
  • Pharmaceutical
  • Paints Coatings
  • Cosmetics Personal Care
  • Others

Benzyl Alcohol Market Segmentation by Regions:

• 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)

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