Benzyl alcohol is an aromatic alcohol that is used as a solvent for waxes, paints, inks, epoxy resin coatings, etc. The chemical formula for benzyl alcohol is C₆H₅CH₂OH. It is somewhat denser than water with a flash point of 194°F. The contact with benzyl alcohol results in skin and eye irritations.
The Global benzyl alcohol market was valued at US$ 220.2 million in the year 2018 and is expected to reach US$ 274.5 million by the year 2023, growing at a CAGR of approximately 4.5%. The global demand for benzyl alcohol has increased substantially due to its increasing usage in various applications such as paints & coatings, pharmaceuticals, and personal care industries. However, the highly toxic nature of benzyl alcohol and restrictive regulations placed by the drug authority is expected to impede the growth of the benzyl alcohol market.
In the manufacturing sector, benzyl alcohol is used as a flavouring and perfumery compound. It plays a vital role in some end-use applications like personal care, pharmaceuticals, and paint and coatings. The main end-use application for benzyl alcohol is the paint and coating application where it is used as a paint stripper. Paint strippers are chemical products used to remove paints, coatings, and finishes from surfaces. Benzyl alcohol is also used in rug cleaning products. The chemical can be used as a dye solvent. Benzyl alcohol enhances the process of dying nylon, leather, and woollen materials.
The paints & coatings application is expected to account for the highest share in the global benzyl alcohol market, whereas the pharmaceutical segment is expected to show significant growth during the forecast period.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Benzyl Alcohol Market, 2016-2023, (Units) (US$ Mn)
2.1 Market Snapshot: Global Benzyl Alcohol Market
2.2 Market Dynamics
2.3 Global Benzyl Alcohol Market, by Segment, 2018
2.3.1 Global Benzyl Alcohol Market, by Application, 2018, (Units) (US$ Mn)
2.3.2 Global Benzyl Alcohol Market, by Region, 2018 (Units) (US$ Mn)
2.4 Premium Insights
2.4.1 Benzyl Alcohol Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Benzyl Alcohol Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Rising disposable income results in better lifestyle propels the growth
3.2.2 Driver 2
3.3 Market Restraints
3.3.1 Highly toxic nature
3.3.2 Restrictive regulations of drug authority
3.4 Market Opportunities
3.4.1 Increasing use in various industry verticals
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Benzyl Alcohol Market, by Application
4.1 Market Overview, by Application
4.1.1 Global Benzyl Alcohol Market, by Application, 2016-2023 (Units) (US$ Mn)
4.1.2 Incremental Opportunity, by Application, From 2018-2023
4.2 Personal care
4.2.1 Global Benzyl Alcohol Market, by Personal care, 2016-2023, (Units) (US$ Mn)
4.3 Food & Beverages
4.3.1 Global Benzyl Alcohol Market, by Food & Beverages, 2016-2023, (Units) (US$ Mn)
4.4 Pharmaceutical
4.4.1 Global Benzyl Alcohol Market, by Pharmaceutical, 2016-2023, (Units) (US$ Mn)
4.5 Paints & Coatings
4.5.1 Global Benzyl Alcohol Market, by Paints & Coatings, 2016-2023, (Units) (US$ Mn)
Chapter 5 Global Benzyl Alcohol Market, by Region
5.1 Market Overview, by Region
5.1.1 Global Benzyl Alcohol Market, by Region, 2016-2023, (Units) (US$ Mn)
5.2 Attractive Investment Opportunity, by Region, 2018
5.3 North America Benzyl Alcohol Market
5.3.1 North America Benzyl Alcohol Market, by Application, 2016-2023 (Units) (US$ Mn)
5.3.2 United States Country Profile
5.3.2.1 United States Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.3.3 Canada Country Profile
5.3.3.1 Canada Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.3.4 Mexico Country Profile
5.3.4.1 Mexico Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4 Europe Benzyl Alcohol Market
5.4.1 Europe Benzyl Alcohol Market, by Application, 2016-2023 (Units) (US$ Mn)
5.4.2 United Kingdom Country Profile
5.4.2.1 United Kingdom Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4.3 Germany Country Profile
5.4.3.1 Germany Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4.4 France Country Profile
5.4.4.1 France Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4.5 Italy Country Profile
5.4.5.1 Italy Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4.6 Spain Country Profile
5.4.6.1 Spain Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.4.7 Rest of Europe
5.4.7.1 Rest of Europe Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5 Asia Pacific Benzyl Alcohol Market
5.5.1 Asia Pacific Benzyl Alcohol Market, by Application, 2016-2023 (Units) (US$ Mn)
5.5.2 China Country Profile
5.5.2.1 China Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5.3 Japan Country Profile
5.5.3.1 Japan Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5.4 India Country Profile
5.5.4.1 India Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5.5 South Korea Country Profile
5.5.5.1 South Korea Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5.6 Southeast Asia
5.5.6.1 Southeast Asia Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.5.7 Rest of Asia Pacific
5.5.7.1 Rest of Asia Pacific Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.6 Rest of The World Benzyl Alcohol Market
5.6.1 Rest of The World Benzyl Alcohol Market, by Application, 2016-2023 (Units) (US$ Mn)
5.6.1.1 Latin America Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
5.6.1.2 Middle East & Africa Benzyl Alcohol Market, 2016-2023 (Units) (US$ Mn)
Chapter 6 Competitive Intelligence
6.1 Introduction
6.2 Players Evaluated During the Study
6.3 Market Players Present in Market Life Cycle
6.4 Top 5 Players Comparison
6.5 Market Positioning of Key Players, 2018
6.6 Market Players Mapping
6.6.1 By Application
6.6.2 By Region
6.7 Strategies Adopted by Key Market Players
6.8 Recent Developments in the Market
6.8.1 Mergers & Acquisitions, Partnership, New Product Developments
6.9 Operational Efficiency Comparison by Key Players
Chapter 7 Company Profiles
7.1 Hubei Greenhome Fine Chemical Co.
7.1.1 Hubei Greenhome Fine Chemical Co. Overview
7.1.2 Key Stakeholders/Person in Hubei Greenhome Fine Chemical Co.
7.1.3 Hubei Greenhome Fine Chemical Co. Products Portfolio
7.1.4 Hubei Greenhome Fine Chemical Co. Financial Overview
7.1.5 Hubei Greenhome Fine Chemical Co. News/Recent Developments
7.2 Wuhan Biet Co. Ltd.
7.2.1 Wuhan Biet Co. Ltd. Overview
7.2.2 Key Stakeholders/Person in Wuhan Biet Co. Ltd.
7.2.3 Wuhan Biet Co. Ltd. Products Portfolio
7.2.4 Wuhan Biet Co. Ltd. Financial Overview
7.2.5 Wuhan Biet Co. Ltd. News/Recent Developments
7.3 Ineos AG.
7.3.1 Ineos AG. Overview
7.3.2 Key Stakeholders/Person in Ineos AG.
7.3.3 Ineos AG. Products Portfolio
7.3.4 Ineos AG. Financial Overview
7.3.5 Ineos AG. News/Recent Developments
7.4 Finar Limited.
7.4.1 Finar Limited. Overview
7.4.2 Key Stakeholders/Person in Finar Limited.
7.4.3 Finar Limited. Products Portfolio
7.4.4 Finar Limited. Financial Overview
7.4.5 Finar Limited. News/Recent Developments
7.5 Emerald Performance Materials
7.5.1 Emerald Performance Materials Overview
7.5.2 Key Stakeholders/Person in Emerald Performance Materials
7.5.3 Emerald Performance Materials Products Portfolio
7.5.4 Emerald Performance Materials Financial Overview
7.5.5 Emerald Performance Materials News/Recent Developments
7.6 Elan Chemical Company Inc.
7.6.1 Elan Chemical Company Inc. Overview
7.6.2 Key Stakeholders/Person in Elan Chemical Company Inc.
7.6.3 Elan Chemical Company Inc. Products Portfolio
7.6.4 Elan Chemical Company Inc. Financial Overview
7.6.5 Elan Chemical Company Inc. News/Recent Developments
7.7 Wuhan Youji Industries Co. Ltd.
7.7.1 Wuhan Youji Industries Co. Ltd. Overview
7.7.2 Key Stakeholders/Person in Wuhan Youji Industries Co. Ltd.
7.7.3 Wuhan Youji Industries Co. Ltd. Products Portfolio
7.7.4 Wuhan Youji Industries Co. Ltd. Financial Overview
7.7.5 Wuhan Youji Industries Co. Ltd. News/Recent Developments
7.8 Merck KGaA
7.8.1 Merck KGaA Overview
7.8.2 Key Stakeholders/Person in Merck KGaA
7.8.3 Merck KGaA Products Portfolio
7.8.4 Merck KGaA Financial Overview
7.8.5 Merck KGaA News/Recent Developments
7.9 Alfa Aesar
7.9.1 Alfa Aesar Overview
7.9.2 Key Stakeholders/Person in Alfa Aesar
7.9.3 Alfa Aesar Products Portfolio
7.9.4 Alfa Aesar Financial Overview
7.9.5 Alfa Aesar News/Recent Developments
7.10 Pharmco-Aaper
7.10.1 Pharmco-Aaper Overview
7.10.2 Key Stakeholders/Person in Pharmco-Aaper
7.10.3 Pharmco-Aaper Products Portfolio
7.10.4 Pharmco-Aaper Financial Overview
7.10.5 Pharmco-Aaper News/Recent Developments
TABLE 1 Market Snapshot: Global Benzyl Alcohol Market Value
TABLE 2 Global Benzyl Alcohol Market, by Application, 2016-2023 (Units)
TABLE 3 Global Benzyl Alcohol Market, by Application, 2016-2023 (US$ Mn)
TABLE 4 Global Benzyl Alcohol Market, by Region, 2016-2023 (Units)
TABLE 5 Global Benzyl Alcohol Market, by Region, 2016-2023 (US$ Mn)
TABLE 6 North America Benzyl Alcohol Market, by Application, 2016-2023 (Units)
TABLE 7 North America Benzyl Alcohol Market, by Application, 2016-2023 (US$ Mn)
TABLE 8 Europe Benzyl Alcohol Market, by Application, 2016-2023 (Units)
TABLE 9 Europe Benzyl Alcohol Market, by Application, 2016-2023 (US$ Mn)
TABLE 10 Asia Pacific Benzyl Alcohol Market, by Application, 2016-2023 (Units)
TABLE 11 Asia Pacific Benzyl Alcohol Market, by Application, 2016-2023 (US$ Mn)
TABLE 12 Rest of The World Benzyl Alcohol Market, by Application, 2016-2023 (Units)
TABLE 13 Rest of The World Benzyl Alcohol Market, by Application, 2016-2023 (US$ Mn)
TABLE 14 Top 5 Players Comparison
TABLE 15 Top Players Market Mapping – By Application
TABLE 16 Top Players Market Mapping – By Region
TABLE 17 Strategies Adopted by Key Market Players
TABLE 18 Mergers & Acquisitions, Partnership, New Product Developments
TABLE 19 Hubei Greenhome Fine Chemical Co. Overview
TABLE 20 Key Stakeholders/Person in Hubei Greenhome Fine Chemical Co.
TABLE 21 Hubei Greenhome Fine Chemical Co. Product Portfolio
TABLE 22 Hubei Greenhome Fine Chemical Co. News/Recent Developments
TABLE 23 Wuhan Biet Co. Ltd. Overview
TABLE 24 Key Stakeholders/Person in Wuhan Biet Co. Ltd.
TABLE 25 Wuhan Biet Co. Ltd. Product Portfolio
TABLE 26 Wuhan Biet Co. Ltd. News/Recent Developments
TABLE 27 Ineos AG. Overview
TABLE 28 Key Stakeholders/Person in Ineos AG.
TABLE 29 Ineos AG. Product Portfolio
TABLE 30 Ineos AG. News/Recent Developments
TABLE 31 Finar Limited. Overview
TABLE 32 Key Stakeholders/Person in Finar Limited.
TABLE 33 Finar Limited. Product Portfolio
TABLE 34 Finar Limited. News/Recent Developments
TABLE 35 Emerald Performance Materials Overview
TABLE 36 Key Stakeholders/Person in Emerald Performance Materials
TABLE 37 Emerald Performance Materials Product Portfolio
TABLE 38 Emerald Performance Materials News/Recent Developments
TABLE 39 Elan Chemical Company Inc. Overview
TABLE 40 Key Stakeholders/Person in Elan Chemical Company Inc.
TABLE 41 Elan Chemical Company Inc. Product Portfolio
TABLE 42 Elan Chemical Company Inc. News/Recent Developments
TABLE 43 Wuhan Youji Industries Co. Ltd. Overview
TABLE 44 Key Stakeholders/Person in Wuhan Youji Industries Co. Ltd.
TABLE 45 Wuhan Youji Industries Co. Ltd. Product Portfolio
TABLE 46 Wuhan Youji Industries Co. Ltd. News/Recent Developments
TABLE 47 Merck KGaA Overview
TABLE 48 Key Stakeholders/Person in Merck KGaA
TABLE 49 Merck KGaA Product Portfolio
TABLE 50 Merck KGaA News/Recent Developments
TABLE 51 Alfa Aesar Overview
TABLE 52 Key Stakeholders/Person in Alfa Aesar
TABLE 53 Alfa Aesar Product Portfolio
TABLE 54 Alfa Aesar News/Recent Developments
TABLE 55 Pharmco-Aaper Overview
TABLE 56 Key Stakeholders/Person in Pharmco-Aaper
TABLE 57 Pharmco-Aaper Product Portfolio
TABLE 58 Pharmco-Aaper News/Recent Developments
