Benzyl Alcohol Market By Application (Paints & Coatings, Personal Care, Food & Beverages) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

This report titled “Benzyl Alcohol Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in benzyl alcohol market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based on application and geographical distribution.

The global benzyl alcohol market is expected to witness significant growth due to growing demand for paints strippers, coatings, inks, epoxy resins from various end use industries such as automotive, construction and aviation industry. Further, increasing use of benzyl alcohol in preparation of perfumes, pharmaceuticals and other personal care products is projected to drive the growth of the benzyl alcohol market.

Key players in the benzyl alcohol market accounting for the major share of the global benzyl alcohol market. Further, rapid urbanization and increasing demand for automobiles in Asia Pacific is further anticipated to fuel the demand for benzyl alcohol over the forecast period.

Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, Middle East & Africa and Asia Pacific.

By application, the global benzyl alcohol market is segmented into paints & coatings, personal care, food & beverages and others. In addition, benzyl alcohol manufacturing companies, distributors and academic organizations form the major client types for benzyl alcohol market. Market size (Kilo Tons) (US$ Mn) and forecast for all the considered segmentation is presented in this report for the period 2015-2025 along with their respective CAGRs (%) for the forecast period 2017-2025.

In terms of geographical distribution, the global benzyl alcohol market is a study for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global benzyl alcohol market is performed as follows:

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • Italy
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa (MEA)
  • GCC
  • Rest of MEA
  •  

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global benzyl alcohol market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of benzyl alcohol.

Based on the application, the global benzyl alcohol market is segmented as follows:

• Paints & Coatings
• Personal Care
• Food & Beverages
• Others

On the basis of application, the global benzyl alcohol market can be segmented into paint and coating, personal care, food & beverages and others. In 2016, paints & coatings was observed to be the largest application segment in global benzyl alcohols market. Benzyl alcohol is used in manufacturing of various products such as epoxy resin coatings, inks, and paint strippers. Increasing demand for paints & coatings owing to rapid infrastructural developments along with increasing demand for automobiles especially in emerging economies is projected to drive the growth of the segment over the forecast period (2017-2025).

For the purpose of this study, the global benzyl alcohol market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)

On the basis of geography, global benzyl alcohol market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, North America is estimated to hold largest share in global benzyl alcohol market and projected to maintain its dominance over the forecast period. Strong demand from end use industries including paint & coating, pharmaceutical and personal care industry is projected to drive the demand for benzyl alcohol over the forecast period. Asia Pacific is anticipated to be the fastest growing region in global benzyl alcohol market. Rapid urbanization and prompt industrialization especially in China and India is projected to fuel the demand form paint & coating, personal care and pharmaceutical industry in the region which in turn projected to fuel the demand for benzyl alcohol in the region. Thus, the region is projected to witness high growth in demand for benzyl alcohol over the forecast period (2017-2025).