Benzoic Acid Market Outlook from 2024 to 2034

The global benzoic acid market size is anticipated to reach USD 1,121.3 million in 2024. The sector will likely expand at a CAGR of around 5.3% in the assessment period 2024 to 2034. It is projected to attain a value of USD 1,879.4 million by 2034.

The demand for benzoic acid is rising worldwide due to its diverse applications across multiple industries. One of the primary drivers is the booming food and beverage sector, where acid is widely used as a preservative.

The acid effectively inhibits the growth of mold, yeast, and certain bacteria, helping to extend the shelf life of various food products. As global populations increase and urbanization accelerates, demand for processed and convenience foods rises, further boosting the need for effective preservatives like benzoic acid.

Attributes Description
Estimated Global Benzoic Acid Market Size (2024E) USD 1,121.3 million
Projected Global Benzoic Acid Market Value (2034F) USD 1,879.4 million
Value-based CAGR (2024 to 2034) 5.3%

Market demand for specific types of benzoic acid is anticipated to rise in the chemical sector. It serves as an essential intermediate in the synthesis of various chemicals, including benzoyl chloride, phenol, and plasticizers. Growth of the chemical manufacturing sector, especially in developing countries, is bolstering demand for a critical raw material.

The rise of the cosmetics and personal care industry is contributing to this trend. Benzoic acid and its derivatives are frequently used in the production of skincare and haircare products due to preservative and pH-regulating properties. The global beauty industry is experiencing robust growth driven by increased consumer awareness and spending on personal care products. This is one of the growth factors influencing the benzoic acid market.

Key Industry Highlights

Trends towards Eco-friendly and Green Benzoic Acid Products

The benzoic acid market is witnessing a trend towards increased use of biodegradable and eco-friendly products. As consumers and manufacturers shift towards sustainable practices, the demand for biodegradable polymers and resins that incorporate this acid is growing.

This trend aligns with global environmental initiatives and regulatory pressures aimed at reducing plastic waste and promoting green alternatives. The impact of sustainability trends on the benzoic acid market

Rising Use in Medications for Antifungal Properties to Bolster Sales

The pharmaceutical sector is an emerging application for benzoic acid products. It is a key ingredient in the formulation of medications such as ointments, creams, and cough syrups due to antifungal and antibacterial properties. With the increasing prevalence of healthcare issues and a growing emphasis on health and wellness, the pharmaceutical industry continues to expand, driving sales.

Market Opportunities for Specialized Benzoic Acid Brands Lie in Animal Feed

An opportunity in the benzoic acid market lies in its potential use in the animal feed industry. Benzoic acid is being explored as a preservative and growth promoter in animal feed, which can enhance feed efficiency and improve the health of livestock. With the global demand for meat and dairy products on the rise, the adoption of this acid in animal nutrition presents a significant growth opportunity for key players.

Strict Import and Export Dynamics in the Benzoic Acid Industry to Hamper Demand

A notable restraint in the benzoic acid market is the stringent regulatory framework governing its use in food and beverage applications. Regulatory bodies in various regions impose strict limits on the permissible levels of this acid in food products due to potential health concerns.

The regulations can hinder market expansion by limiting the use of this acid and necessitating costly compliance measures for manufacturers. Stringent regulations associated with imports and exports of the acid are also set to restrain demand.

Country-wise Insights

Booming Food and Beverage Industry Fuels Demand in India

In India, the rising demand for benzoic acid is primarily driven by the booming food and beverage industry. Increasing urbanization and changing lifestyles are leading to high consumption of processed and convenience foods, which require effective preservatives to ensure longer shelf life and safety.

Additionally, growth of the pharmaceutical sector, fueled by a burgeoning middle class and improved healthcare infrastructure, is contributing to the increased use of this acid in medicinal formulations.

Germany’s Well-established Chemical Manufacturing Sector Spurs Growth

Germany's benzoic acid demand is growing primarily due to its robust chemical and manufacturing sectors. The country is a leading producer of chemicals, and the organic compound is a critical intermediate in the synthesis of various industrial chemicals, plasticizers, and resins.

Germany's strong emphasis on environmental sustainability is driving the adoption of eco-friendly materials, including biodegradable polymers that use this acid. The well-established cosmetics industry also adds to the demand, with this organic compound being used in various personal care products.

Rising Demand for Preserved Food to Create Growth Avenues in Canada

In Canada, increasing benzoic acid sales are influenced by the expanding food and beverage industry, driven by a rise in consumer demand for preserved foods. The country's stringent food safety regulations and the need for effective preservation solutions bolster the use of this acid.

The pharmaceutical and cosmetics industries are further experiencing growth, supported by high consumer spending on health and personal care products. Canada's focus on sustainability and environmentally friendly products also supports the increased use of benzoic acid in biodegradable and green applications.

Category-wise Insights

Grignard Reagents to be the Most Preferred Production Method

Demand for Grignard reagents is surging due to their critical role in several key industrial and research applications. One significant driver is the expanding pharmaceutical industry, where these reagents are essential for synthesizing a wide range of pharmaceuticals, including active pharmaceutical ingredients (APIs) and complex organic compounds.

As the global population ages and the need for advanced medications grows, the pharmaceutical sector's reliance on Grignard reagents is increasing.

Another factor contributing to rising demand is the chemical industry's ongoing innovation and development. Grignard reagents are fundamental in the production of various specialty chemicals and intermediates used in agrochemicals, fragrances, and flavors. The push towards developing new chemical compounds and materials is boosting the need for these versatile reagents.

Food Preservative Manufacturers Seek Advanced Benzoic Acid Formulations

Demand for benzoic acid in food preservative applications is increasing due to several key factors. One primary reason is the rising consumer awareness and demand for safe and long-lasting food products. Consumers are increasingly looking for foods that maintain their quality over extended periods, driving manufacturers to use effective preservatives like benzoic acid to meet these expectations.

Globalization of the food supply chain necessitates the use of preservatives to ensure that food products remain safe and fresh during long transit times. As food products are shipped over greater distances, especially with the rise of international trade, the need for reliable preservatives becomes crucial to prevent spoilage and maintain quality.

Rapid growth of the ready-to-eat and convenience food markets is another significant factor. As lifestyles become busier, there is a high demand for ready-made meals and snacks that are convenient yet safe to consume. Benzoic acid helps extend the shelf life of these products, ensuring these remain safe and palatable over time.

Competition Outlook

The competitive landscape of the benzoic acid industry varies significantly by region. In Asia Pacific, particularly China and India, the market is highly competitive due to the presence of several local manufacturers who benefit from low production costs and abundant raw materials. The region is also experiencing rapid industrial growth, especially in the food and beverage, pharmaceutical, and chemical sectors, driving demand for benzoic acid.

In North America and Europe, the market is more consolidated, with few but large-scale players who have strong brand recognition and advanced technological capabilities.

Key players in the benzoic acid industry focus on high-quality products and compliance with stringent regulatory standards by adopting unique pricing strategies in the benzoic acid market. In Europe, growth is mainly influenced by strict environmental and safety regulations, which drive innovation towards more sustainable and eco-friendly production methods.

Industry Updates

  • In June 2024, Active Concepts, headquartered in North Carolina, launched a sustainably sourced ingredient called ACB Sal-Vation. The ingredient was extracted from prunes and sugar beets.
  • In March 2024, Symrise Cosmetic Ingredients, based in Germany, introduced a multifunctional hydroxypropolyester called Savelite® HB under the company’s existing range of beauty ingredients.

Leading Benzoic Acid Brands

  • Emerald Kalama
  • Novaphene
  • Huangshi Taihua Industry
  • Shri Hari Chemicals
  • Chemcrux Enterprises Ltd
  • Sinteza S.A
  • Wuhan Youji Industries; Fushimi
  • San Fu
  • Huayin Jinqiancheng
  • Nantong Haiers
  • Merck KGaA
  • Chemcrux Enterprises Ltd
  • Emerald Performance Materials
  • IG Petrochemicals Ltd.

Key Segments of Market Report

By Production Method:

Two key production methods are Grignard reagents and Friedel-crafts reaction.

By Application:

A few leading applications include food preservatives, corrosive inhibitors, alkyd resins, synthesis intermediates, plasticizers, and feed additives.

By End-use:

Chemicals, food & beverages, cosmetics, and personal care, and pharmaceuticals are the prominent end-uses.

By Region:

Information about significant countries of North America, Latin America, Europe, South Asia and Pacific, East Asia, and the Middle East and Africa is provided.

Table of Content

  1. Executive Summary - Benzoic Acid Market
    • Global Market Outlook
    • Demand-side Trends
    • Supply-side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
    • Inclusion and Exclusion
  3. Value Added Insights
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
      • Supply Side Participants and their Roles
        • Producers
        • Mid-Level Participants (Traders/ Agents/ Brokers)
        • Wholesalers and Distributors
      • Value Added and Value Created at Node in the Supply Chain
      • List of Raw Material Suppliers
      • List of Existing and Potential Buyers
    • Pricing Analysis of Benzoic Acid Market
      • Pricing Analysis By Region
      • Pricing Analysis By Country
      • Pricing Analysis By End Use
      • Pricing Analysis By Distributor
      • Pricing Analysis By Application
    • Value Chain Analysis
      • Profit Margin Analysis
      • Wholesalers and Distributors
      • Retailers
    • Product Portfolio Analysis
    • Regulatory Landscape
      • By Key Regions
      • By Key Countries
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
    • Investment Feasibility Matrix
    • PESTLE Analysis
      • Political Factors
        • Government stability and change
        • Taxation policy and incentives
        • Trade tariffs and import/export regulations
        • Political risk and corruption levels
      • Economic Factors
        • GDP growth and economic cycles
        • Inflation and interest rates
        • Exchange rate fluctuations
        • Unemployment and consumer spending power
      • Social Factors
        • Demographic trends (age, population growth)
        • Cultural attitudes and lifestyle changes
        • Education levels and workforce skills
        • Health consciousness and social values
      • Technological Factors
        • Rate of technological innovation
        • R&D activity and automation trends
        • Digital infrastructure and connectivity
        • Intellectual property protection
      • Legal Factors
        • Employment and labor laws
        • Health & safety regulations
        • Consumer protection laws
        • Data privacy and antitrust legislation
      • Environmental Factors
        • Environmental regulations and compliance
        • Climate change impacts and carbon footprint
        • Resource availability and sustainability practices
        • Waste management and recycling initiatives
    • Market Background and Dynamics
      • Market Dynamics
        • Drivers
        • Restraints
        • Opportunity
        • Trends
      • SWOT Analysis of Global Benzoic Acid Market
        • Strengths
        • Weaknesses
        • Opportunities
        • Threats
  4. Global Benzoic Acid Market Analysis 2020-2024 and Forecast, 2025-2035
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Projections, 2025-2035
      • Y-o-Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
    • Revenue Forecast Scenario, 2020-2035
      • Conservative Scenario
      • Likely Scenario
      • Optimistic Scenario
  5. Global Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Application
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Application, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Application, 2025-2035
    • Y-o-Y Growth Trend Analysis By Application, 2020-2024
    • Absolute $ Opportunity Analysis By Application, 2025-2035
    • Market Attractiveness Analysis By Application, 2025-2035
  6. Global Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By End Use
    • Introduction / Key Findings
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By End Use, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By End Use, 2025-2035
    • Y-o-Y Growth Trend Analysis By End Use, 2020-2024
    • Absolute $ Opportunity Analysis By End Use, 2025-2035
    • Market Attractiveness Analysis By End Use, 2025-2035
  7. Global Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Region
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Analysis By Region, 2020-2024
    • Current Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Region, 2025-2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific & Pacific
      • MEA
    • Market Attractiveness Analysis By Region
  8. North America Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035
    • Introduction
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Current and Future Market Size Value (USD Mn) & Volume (Units) Analysis and Forecast By Market Taxonomy, 2025-2035
    • By Country
      • USA
      • Canada
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • USA Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Canada Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Mexico Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  9. Latin America Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Brazil Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Argentina Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Chile Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Latin America Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  10. Western Europe Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Germany
      • UK
      • Italy
      • Spain
      • France
      • Nordic
      • BENELUX
      • Rest of Western Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Germany Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • UK Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Italy Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Spain Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • France Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Nordic Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • BENELUX Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Western Europe Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  11. Eastern Europe Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Russia
      • Poland
      • Hungary
      • Balkan & Baltic
      • Rest of Eastern Europe
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Russia Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Poland Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Hungary Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Balkan & Baltic Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of Eastern Europe Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  12. East Asia Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • China
      • Japan
      • South Korea
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • China Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Japan Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Korea Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  13. South Asia and Pacific Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of South Asia and Pacific
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • India Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • ASEAN Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Australia & New Zealand Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of South Asia and Pacific Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  14. MEA Benzoic Acid Market Analysis 2020-2024 and Forecast 2025-2035, By Country
    • Historical Market Size Value (USD Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2020-2024
    • Market Size Value (USD Mn) & Volume (Units) Forecast By Market Taxonomy, 2025-2035
    • By Country
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkiye
      • South Africa
      • Other African Union
      • Rest of Middle East & Africa
    • By Application
    • By End Use
    • Market Attractiveness Analysis
      • By Country
      • By Application
      • By End Use
    • Key Takeaways
    • Market Trends
    • Key Market Participants - Intensity Mapping
    • Drivers and Restraints - Impact Analysis
    • Country Level Analysis & Forecast
      • Kingdom of Saudi Arabia Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Other GCC Countries Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Turkiye Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • South Africa Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
      • Rest of MEA Benzoic Acid Market
        • Introduction
        • Market Analysis and Forecast by Market Taxonomy
        • By Application
        • By End Use
  15. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Region
      • By Application
      • By End Use
    • Competition Analysis
    • Competition Deep Dive
      • Global Key Players
      • Key Players by Region
      • Key Players by Country
  16. Assumptions & Acronyms Used
  17. Research Methodology

List of Tables

  • Table 1: Global Benzoic Acid Market Value (US$ Mn) Forecast by Region, 2020-2035
  • Table 2: Global Benzoic Acid Market Volume (Units) Forecast by Region, 2020-2035
  • Table 3: Global Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 4: Global Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 5: Global Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 6: Global Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 7: North America Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 8: North America Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 9: North America Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 10: North America Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 11: North America Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 12: North America Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 13: Latin America Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 14: Latin America Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 15: Latin America Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 16: Latin America Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 17: Latin America Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 18: Latin America Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 19: Europe Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 20: Europe Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 21: Europe Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 22: Europe Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 23: Europe Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 24: Europe Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 25: East Asia Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 26: East Asia Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 27: East Asia Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 28: East Asia Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 29: East Asia Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 30: East Asia Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 31: South Asia Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 32: South Asia Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 33: South Asia Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 34: South Asia Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 35: South Asia Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 36: South Asia Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 37: Oceania Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 38: Oceania Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 39: Oceania Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 40: Oceania Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 41: Oceania Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 42: Oceania Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035
  • Table 43: MEA Benzoic Acid Market Value (US$ Mn) Forecast by Country, 2020-2035
  • Table 44: MEA Benzoic Acid Market Volume (Units) Forecast by Country, 2020-2035
  • Table 45: MEA Benzoic Acid Market Value (US$ Mn) Forecast by Application, 2020-2035
  • Table 46: MEA Benzoic Acid Market Volume (Units) Forecast by Application, 2020-2035
  • Table 47: MEA Benzoic Acid Market Value (US$ Mn) Forecast by End Use, 2020-2035
  • Table 48: MEA Benzoic Acid Market Volume (Units) Forecast by End Use, 2020-2035

List of Figures

  • Figure 1: Global Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
  • Figure 2: Global Benzoic Acid Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 3: Global Benzoic Acid Market Value (US$ Mn) by Region, 2020-2035
  • Figure 4: Global Benzoic Acid Market Value (US$ Mn) Analysis by Region, 2020-2035
  • Figure 5: Global Benzoic Acid Market Volume (Units) Analysis by Region, 2020-2035
  • Figure 6: Global Benzoic Acid Market Value Share (%) and BPS Analysis by Region, 2020-2035
  • Figure 7: Global Benzoic Acid Market Y-o-Y Growth (%) Projections by Region, 2020-2035
  • Figure 8: Global Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
  • Figure 9: Global Benzoic Acid Market Volume (Units) Analysis by Application, 2020-2035
  • Figure 10: Global Benzoic Acid Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 11: Global Benzoic Acid Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 12: Global Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
  • Figure 13: Global Benzoic Acid Market Volume (Units) Analysis by End Use, 2020-2035
  • Figure 14: Global Benzoic Acid Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 15: Global Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 16: Global Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 17: Global Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 18: Global Benzoic Acid Market Attractiveness by Region, 2020-2035
  • Figure 19: North America Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
  • Figure 20: North America Benzoic Acid Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 21: North America Benzoic Acid Market Value (US$ Mn) by Country, 2020-2035
  • Figure 22: North America Benzoic Acid Market Value (US$ Mn) Analysis by Country, 2020-2035
  • Figure 23: North America Benzoic Acid Market Volume (Units) Analysis by Country, 2020-2035
  • Figure 24: North America Benzoic Acid Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 25: North America Benzoic Acid Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 26: North America Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 28: North America Benzoic Acid Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 29: North America Benzoic Acid Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 30: North America Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 32: North America Benzoic Acid Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 33: North America Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 34: North America Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 35: North America Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 36: North America Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 37: Latin America Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
  • Figure 38: Latin America Benzoic Acid Market Value (US$ Mn) by End Use, 2020-2035
  • Figure 39: Latin America Benzoic Acid Market Value (US$ Mn) by Country, 2020-2035
  • Figure 40: Latin America Benzoic Acid Market Value (US$ Mn) Analysis by Country, 2020-2035
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  • Figure 42: Latin America Benzoic Acid Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 43: Latin America Benzoic Acid Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 44: Latin America Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 48: Latin America Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 50: Latin America Benzoic Acid Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 51: Latin America Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 52: Latin America Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 53: Latin America Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 54: Latin America Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 55: Europe Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
  • Figure 56: Europe Benzoic Acid Market Value (US$ Mn) by End Use, 2020-2035
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  • Figure 60: Europe Benzoic Acid Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 61: Europe Benzoic Acid Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 62: Europe Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 65: Europe Benzoic Acid Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 66: Europe Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 69: Europe Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 70: Europe Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 71: Europe Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 72: Europe Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 73: East Asia Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
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  • Figure 80: East Asia Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 84: East Asia Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 88: East Asia Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 89: East Asia Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 90: East Asia Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 91: South Asia Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
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  • Figure 98: South Asia Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 102: South Asia Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 106: South Asia Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 107: South Asia Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 108: South Asia Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 109: Oceania Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
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  • Figure 114: Oceania Benzoic Acid Market Value Share (%) and BPS Analysis by Country, 2020-2035
  • Figure 115: Oceania Benzoic Acid Market Y-o-Y Growth (%) Projections by Country, 2020-2035
  • Figure 116: Oceania Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 118: Oceania Benzoic Acid Market Value Share (%) and BPS Analysis by Application, 2020-2035
  • Figure 119: Oceania Benzoic Acid Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 120: Oceania Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 122: Oceania Benzoic Acid Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 123: Oceania Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 124: Oceania Benzoic Acid Market Attractiveness by Application, 2020-2035
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  • Figure 126: Oceania Benzoic Acid Market Attractiveness by Country, 2020-2035
  • Figure 127: MEA Benzoic Acid Market Value (US$ Mn) by Application, 2020-2035
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  • Figure 132: MEA Benzoic Acid Market Value Share (%) and BPS Analysis by Country, 2020-2035
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  • Figure 134: MEA Benzoic Acid Market Value (US$ Mn) Analysis by Application, 2020-2035
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  • Figure 137: MEA Benzoic Acid Market Y-o-Y Growth (%) Projections by Application, 2020-2035
  • Figure 138: MEA Benzoic Acid Market Value (US$ Mn) Analysis by End Use, 2020-2035
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  • Figure 140: MEA Benzoic Acid Market Value Share (%) and BPS Analysis by End Use, 2020-2035
  • Figure 141: MEA Benzoic Acid Market Y-o-Y Growth (%) Projections by End Use, 2020-2035
  • Figure 142: MEA Benzoic Acid Market Attractiveness by Application, 2020-2035
  • Figure 143: MEA Benzoic Acid Market Attractiveness by End Use, 2020-2035
  • Figure 144: MEA Benzoic Acid Market Attractiveness by Country, 2020-2035

Frequently Asked Questions

What is the demand outlook for benzoic acid?

The industry is set to reach USD 1,121.3 million in 2024.

What is benzoic acid used for?

Perfumes, dyes, topical drugs, and insect repellents.

What is the price of benzoic acid in commercial markets?

About USD 1612/MT.

How much does benzoic acid cost?

Rs 72.5/kg in Mumbai, India.

What is the forecast CAGR of the industry?

The industry is set to witness a 5.3% CAGR through 2034.

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Benzoic Acid Market