Benzaldehyde Market - Rising Demand for Benzaldehyde Products in End-User Industries

Benzaldehyde, an organic compound, is prepared by oxidation of toluene or treating benzal chloride with an alkali such as sodium hydroxide. It is typically used in the synthesis of other organic compounds that include flavors and fragrances, drug intermediaries, dyes, coatings, agrochemicals, and others (resins, etc.).


Albany, NY -- (SBWIRE) -- 06/06/2016 -- The report analyzes and forecasts the benzaldehyde market on the global and regional level. The study provides historical data of 2014 along with forecast from 2015 to 2023 based on volume (Tons) and revenue (US$ Mn). The study includes drivers and restraints for the benzaldehyde market along with their impact on demand during the forecast period. The report also analyzes opportunities in the benzaldehyde market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

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We have included a detailed analysis of the value chain to provide a comprehensive view of the benzaldehyde market. Value chain analysis provides details such as integration in the market, distribution channels, product segments, and end-users. Analysis of Porter's Five Forces Model has also been included to help understand the competitive landscape of the benzaldehyde market. The study encompasses market attractiveness analysis, wherein end-user industry of the market is benchmarked based on market size, compound annual growth rate (CAGR), general attractiveness, and company market share. We have also incorporated company market share analysis to provide detailed analysis of the market.

The study provides a decisive view of the benzaldehyde market by segmenting it on the basis of end-user industry. End-user industries have been analyzed based on current and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (Tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. It also includes demand for benzaldehyde in various end-user industries in major countries in the respective regions.

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The report provides detailed competitive outlook that includes profiles of key players operating in the global benzaldehyde market. Key players profiled in the report include Emerald Performance Materials, LLC, Gujarat Alkalies and Chemicals Limited (GACL), Kadillac Chemicals Private Limited, Lanxess AG, Shimmer Chemicals Pvt. Ltd., Lianyungang Taile Chemical Industry Co., Ltd., Chematek S.p.A., Haihang Industry Co., Ltd., Wuhan Dico Chemical Co., Ltd., Nantong Tianshi Chemical Co., Ltd., Merck KGaA, Shenyang Huijinfengda Chemical Co., Ltd., and Jiangsu Jiamai Chemical Co., Ltd. Company profiles include attributes such as company overview, brand/product portfolio, financial overview, business strategy, and key/recent developments related to the market.

Constant currency rates have been considered while forecasting the market. Prices of benzaldehyde vary in each region; hence, a similar volume-to-revenue ratio does not follow for each individual region. Regional average price has been considered while breaking down the market by product segment and application in each region. Models and estimates have been used to produce comprehensive data sets when hard data was not available. We have used the bottom-up approach by considering different end-user segments and integrating them to arrive at the global market. End-user segments have been further divided using the top-down approach to derive the consumption of products in the regional market.

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In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.

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