The global benzyl alcohol market is forecasted to grow at a CAGR of 5.42% during the period 2017-2021

LONDON, Nov. 21, 2017 /PRNewswire/ -- Benzyl alcohol is a colorless aromatic liquid that is metabolized into benzoic acid in the human body. Oxidation of toluene and hydrolysis of benzyl chloride in the presence of soda ash are two ways of producing benzyl alcohol. It is a natural ingredient found in plants, fruits, and tea. Essential oils such as jasmine, ylang-ylang, and hyacinth are used in the production of benzyl alcohol. It is used in numerous end-user industries such as personal care, paints and coatings, food and beverage (F&B), and pharmaceutical. It is widely used as an intermediate in the production of chemicals. Increasing demand for benzyl alcohol in personal care products and the growing demand for excipients are anticipated to drive growth in the global benzyl alcohol market during the forecast period.

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Technavio's analysts forecast the global benzyl alcohol market to grow at a CAGR of 5.42% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global benzyl alcohol market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of paints and coatings, personal care, pharmaceutical, and others.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Benzyl Alcohol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Emerald Performance Materials
• Gujarat Alkalies and Chemicals
• INEOS
• LANXESS
• Merck

Other prominent vendors
• Company
• Capri Enterprise
• Charkit Chemical
• Elan-Chemical
• Expo Essential Oils
• First Source Worldwide
• Haihang Industry
• Haviland USA
• Hydrite Chemical
• Innova Chemicals
• Krishna Chemicals
• PHARMCO-AAPER
• Premier Group
• Shimmer Chemicals
• SOVIKA GROUP OF COMPANIES
• Sudha Chemicals
• TCI Chemicals
• The Chemical Company
• Triveni Interchem
• Vigon International

Market driver
• Role of benzyl alcohol as a preservative and flavoring agent
• For a full, detailed list, view our report

Market challenge
• Harmful effects of benzyl alcohol
• For a full, detailed list, view our report

Market trend
• Increasing use of benzyl alcohol in personal care products
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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