Benzoic Acid Market Share, Segmentation, Parameters and Prospects 2020 to 2027: Emerald Performance Materials, Wuhan Youji Industries Co., Etc.
According to the current analysis of Reports and Data, the global Benzoic acid market was valued at USD 1.05 billion and is expected to reach USD 1.59 billion by the year 2027, at a CAGR of 5.4%. Benzoic acid is a pure aromatic carboxylic acid that is produced commercially through partial oxidation of toluene with oxygen. Benzoic acid is widely used as an intermediate product in the manufacturing of salts such as potassium benzoate, sodium benzoate, phenol, and alkyd resins,...
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