글로벌 벤젠카르복실산 시장 – 2029년까지의 산업 동향 및 예측

 시장 분석 및 규모

지난 몇 년 동안 화학 산업은 엄청난 성장을 이루었습니다. 또한, 시장에 크게 기여한 이러한 벤젠카르복실산 유도체의 다양한 사용성은 시장의 전반적인 성장을 더욱 증가시킵니다.

글로벌 벤젠카르복실산 시장은 2021년에 9억 4,860만 달러로 평가되었으며, 2029년까지 14억 4,480만 달러에 도달할 것으로 예상되며, 2022-2029년 예측 기간 동안 5.40%의 CAGR을 기록할 것으로 예상됩니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 심층적인 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석 및 기후 사슬 시나리오가 포함되어 있습니다.

시장 정의

항균 및 항진균 효과가 있는 카르복실산은 벤젠카르복실산입니다. 크랜베리, 라즈베리, 자두를 포함한 다양한 과일에서 찾을 수 있습니다. 곰팡이와 효모로부터 보호하는 능력으로 인해 식품 및 음료 사업에 매력적입니다.

보고 범위 및 시장 세분화

Benzenecarboxylic Acid Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers:

• High Utilization of Benzenecarboxylic Acid

The rise in demand for benzenecarboxylic acid in the food and beverage industry, healthcare industry and other industries are the major factors likely to drive market growth during the forecast period. With growing health awareness, consumers gradually gravitate toward better food and beverage options. As a result, low-calorie, gluten-free, sugar-free, and organic food products, particularly packaged food, are gaining appeal among customers. It is also commonly used to preserve acidic foods and beverages, including as jams, fruit juices, and carbonated beverages. In the chemical industry, benzenecarboxylic acid is used to make a variety of phenols. It's widely used in cosmetics and personal care items like toothpaste and mouthwash as a preservative. Its use in a variety of ointments to treat fungal skin diseases like ringworm and athlete's foot has boosted global demand. Therefore, the market for benzenecarboxylic acid is expected to be aided by the increased demand across various end use industries globally.

The constant urbanization, increasing trend for plant-based and organic goods, and the user lifestyle change will further propelled the growth rate of the benzenecarboxylic acid market. Additionally, the consumer shift toward better lifestyles and packaging advances is projected to bolster the market's growth.

Opportunities

• Increasing Food Processing Units and Other Advancements

Furthermore, the increasing number of food and beverage processing units in developing nations and substitution phthalate plasticizers with non-phthalate plasticizers further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the end-user industries are actively looking for innovation in benzoic acid will further expand the future growth of the benzenecarboxylic acid market.

Restraints/Challenges

• Limited Usage

The limited use of benzenecarboxylic acid as a food preservative in developed economies, on the other hand, may pose a significant obstacle to the benzenecarboxylic acid market's growth in the coming years.

• Regulations and Ban On Benzenecarboxylic Acid

Under normal circumstances, benzoic acid is stable and non-toxic. Benzoic acid can pose a health risk despite the lack of occupational exposure limits. Skin allergies are possible as a result of high-concentration benzoic acid exposure, especially in vulnerable people. Benzoic acid may also have to be contained and disposed of as hazardous waste. As a result, some nations around the world have banned or restricted the use of benzoic acid, particularly in food and beverage products. Therefore, this factor is estimated to challenge the benzenecarboxylic acid market growth rate.

This benzenecarboxylic acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the benzenecarboxylic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Benzenecarboxylic Acid Market

The outbreak of coronavirus had a negative impact on the benzenecarboxylic acid market. Due to supply chain and logistics concerns, the COVID-19 crisis created multiple barriers for chemical makers. In addition, several manufacturing facilities were compelled to close or operate at reduced capacity, resulting in decreasing material production. Several obstacles for the benzoic acid business may have arisen due to a labor shortage caused by regulatory limitations. However, sales of packaged goods and beverages have remained stable, and in some cases have even increased, as a result of panic shopping by consumers ahead of the lockdown restrictions. When retail stores and outlets were forced to close or function for a short time, packaged food sales continued to rise as more consumers in emerging countries turned to online shopping channels. Because of a labour shortage, the production of processed foods and beverages was halted, lowering demand for benzoic acid, which is utilized as a preservative in these products. When all other businesses are in turmoil, the pharmaceutical industry, on the other hand, is still operating normally. Because benzoic acid is used in the treatment of antifungal diseases, there is still a demand for it even in this time of crisis.

Recent Development

• In August 2020, Emerald Kalama Chemical was acquired by LANXESS, a specialized chemicals firm. The company is based in the United States and is a world-leading maker of speciality chemicals. On February 14, 2021, LANXESS signed a purchase deal. All of the necessary regulatory approvals have been obtained. LANXESS used liquid funds to support the purchase price of USD 1.04 billion (EUR 870 million).

Global Benzenecarboxylic Acid Market Scope

The benzenecarboxylic acid market is segmented on the basis of product method, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Method

• Grignard reagents
• Friedel-Crafts reaction
• Others

On the basis of product method, the benzenecarboxylic acid market has been segmented into grignard reagents, friedel-crafts reaction and others.

Application

• Sodium Benzoate
• Potassium Benzoate
• Benzyl Benzoate
• Benzoate Plasticizer
• Alkyd Resin
• Benzoyl Chloride
• Feed Additive
• Others

The benzenecarboxylic acid market has also been segmented on the basis of form into sodium benzoate, potassium benzoate, benzyl benzoate, benzoate plasticizer, alkyd resin, benzoyl chloride, feed additive and others.

End-Use

• Food and Beverages
• Chemical Industry
• Pharmaceutical Industry
• Others

On the basis of end-use, the benzenecarboxylic acid market is segmented into food and beverages, chemical industry, pharmaceutical industry and others.

Benzenecarboxylic Acid Market Regional Analysis/Insights

The benzenecarboxylic acid market is analysed and market size insights and trends are provided by country, product method, application and end-use as referenced above.

The countries covered in the benzenecarboxylic acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the benzenecarboxylic acid market because of the extensive application in various end-user industries. Additionally, the per capita consumption of plastic is high in India and China, which in turn has increased the use of plasticizers resulting in market acceleration.

On the other hand, Asia-Pacific is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the rising demand for food preservatives in China and India within the region.

보고서의 국가 섹션은 또한 현재 및 미래 시장 추세에 영향을 미치는 개별 시장 영향 요인과 시장 규제의 변화를 제공합니다. 다운스트림 및 업스트림 가치 사슬 분석, 기술 추세 및 포터의 5가지 힘 분석, 사례 연구와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 몇 가지 포인터입니다. 또한 글로벌 브랜드의 존재 및 가용성과 지역 및 국내 브랜드와의 대규모 또는 희소한 경쟁으로 인해 직면한 과제, 국내 관세 및 무역 경로의 영향은 국가 데이터에 대한 예측 분석을 제공하는 동안 고려됩니다.   

경쟁 환경 및 벤젠카르복실산 시장 점유율 분석

벤젠카르복실산 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보에는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 응용 분야 우위가 있습니다. 제공된 위의 데이터 포인트는 벤젠카르복실산 시장과 관련된 회사의 초점에만 관련이 있습니다.

벤젠카르복실산 시장에서 운영되는 주요 업체 중 일부는 다음과 같습니다.

• 랑세스(미국)
• 동다(중국)
• 랴오닝 화이화공상유한공사(중국)
• 노바펜(인도)
• 황시 태화 산업 주식 회사. (중국)
• Shri Hari Chemicals(인도)
• 신테자(루마니아)
• Chemcrux Enterprises Ltd. (인도)
• 후시미제약 주식회사(일본)
• 산푸화학(대만)
• 다우(미국)
• 듀폰(미국)
• Apollo Scientific Ltd(미국)
• Clarion Drugs Ltd. (인도)
• Ganesh Benzoplast Limited(인도)
• 상하이 단판 네트워크 과학 기술 유한회사(중국)

SKU-68086