Global Benzaldehyde Market: Increased Application in Aroma Chemicals to Pave Way for Lucrative Growth Opportunities, Finds TMR
The global benzaldehyde market is highly concentrated with the dominance of a few multinational companies, states Transparency Market Research (TMR) in a research report. The top six companies – Haihang Industry Co., Gujarat Alkalies and Chemical Limited, Jiangsu Jiamai Chemical Co. Ltd., Lanxess AG, LLC, and Emerald Performance Chemicals – accounted for a share of 90.0% in 2014 in the global benzaldehyde market. Owing to the mounting demand for benzaldehyde and a rather limited supply, manufacturers are focusing on expanding...
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