High Demand from Pharmaceutical Industry to Boost Global Benzyl Alcohol Market
The global benzyl alcohol market is extremely consolidated, wherein Hubei Greenhome Fine Chemical Co. Ltd. and Emerald Performance Materials accounted for over 75% of the market in 2015. Key companies are focusing on the development of advanced specialty chemicals for performance enhancement of products. This is expected to benefit the market in the coming years. The rising geriatric population across the world and the increasing prevalence of chronic diseases are together driving the global benzyl alcohol market. According to a research report...
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