Benzaldehyde (C6H5CHO) is an organic compound consisting of a benzene ring with a formyl substituent. It is colorless liquid has a characteristic almond-like odor.
Benzaldehyde is mainly classified into two types: FCC grade and technical grade. And technical grade is the most widely used type which takes up about 68.5% of the global total production in 2016. Benzaldehyde mainly made from toluene. Benzaldehyde is mainly used for pharmaceuticals, Spices chemicals, dye, etc.
The global benzaldehyde average price is in the upward trend, from 2116 USD/MT in 2012 to 2191 USD/MT in 2016. The price will be in increase trend if more capacity goes into operation and price of the raw material keep stable, but the Labor costs and environmental costs have increased year by year. The benzaldehyde sales will reach about 117 MT in 2023, with the CAGR of 3.18%.
Europe is the largest consumption region of benzaldehyde in the world in the past few years and it will keep the same position in the next few years. The China market took up about 28% the global market in 2016, followed by USA (16%) and India (8.8%)
China USA and Europe are now the key producers of benzaldehyde. The total market is relatively concentrated, and few manufacturers occupied most of the market share.
Emerald Performance Materials, Jiangsu Jiujiu Jiu Technology, Jiangsu Jiamai Chemical are the key producers in the global benzaldehyde market. Top six took up about 73% of the global revenue market in 2016. The potential of Spices chemicals, pharmaceuticals, agriculture and dye will drive the development of benzaldehyde industry
The global Benzaldehyde market is valued at 210 million US$ in 2018 is expected to reach 290 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025.
This report focuses on Benzaldehyde volume and value at global level, regional level and company level. From a global perspective, this report represents overall Benzaldehyde market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Emerald Performance Materials
Lanxess
Kadillac Chemicals
Shimmer Chemicals
Jiangsu Jiujiu Jiu Technology
Jiangsu Jiamai Chemical
Lianyungang Taile Chemical
Wuhan Dico Chemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
FCC Grade
Technical Grade
Segment by Application
Spices
Pharmaceuticals
Agricultural
Dye
Other
Summary:
Get latest Market Research Reports on Benzaldehyde . Industry analysis & Market Report on Benzaldehyde is a syndicated market report, published as Global Benzaldehyde Market Research Report 2019. It is complete Research Study and Industry Analysis of Benzaldehyde market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.