Benzoic Acid Market

ID: 613

128 Pages

Research Team

07/2024

Benzoic Acid Market Research Report Information By Application (Adhesives & Sealant, Polymer (Polyurethane, Plastics, Vinyl, Rubber), Benzoates, Benzoate Plasticizers, Benzoyl Chloride, Animal Feed Additive, Others) By End Use Industry (Food & Beverages, Oil & Gas Industry, Paints & Coatings Industry, Automotive Industry, Pharmaceutical Industry, Others) and By Region (North Ame...

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1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Certified Researchers

Market Summary

Research Methodology on Benzoic Acid Market

The research undertaken as a part of this project was conducted in accordance with the principles of the Market Research Future (MRFR) research methodology. The research incorporates both primary and secondary sources, which are evaluated and analysed to understand the market and reach the appropriate conclusion regarding the benzoic acid market. The primary sources for the study include the actual labour force of the industry. The secondary sources utilised for the research included published industry surveys, reports, white papers, information from various trade associations, books, statistical databases and online sources of information, such as company websites, directories and databases.

For this study, a combination of qualitative and quantitative research methods is used. The qualitative research includes primary data gathered from interviews with selected personnel from the benzoic acid market, such as industry professionals, experts, professionals, and opinion makers. The quantitative research involves a review and analysis of existing published industry data.

Desk research is undertaken by searching through various sources such as the internet, trade journals, magazines and published reports. The scope of the research and the size of the sample are decided upon based on the primary and secondary sources consulted.

A questionnaire survey is conducted to determine customer preferences regarding the use of benzoic acid. The survey is conducted using an online survey platform and is distributed to a panel of survey respondents. The survey respondents consist of potential customers of companies associated with the benzoic acid market.

In addition to the questionnaire survey, expert interviews are also conducted with various stakeholders in the benzoic acid market, such as industry professionals, purchasers and other persons associated with the benzoic acid market. These interviews aimed to gain insight into customer preferences, market trends and other factors that could affect the benzoic acid market.

To analyse the results of the questionnaire survey and interviews conducted, the responses are collated, tabulated and subjected to statistical analysis. Descriptive statistics such as charts and tables are used to represent the data in an easily understandable format. The analysis is conducted to gain a better understanding of customer preferences and changes in the benzoic acid market.

To accurately assess the benzoic acid market, a comprehensive review of the market is also conducted. This review includes an analysis of the major players in the market, a review of the market forces affecting the benzoic acid market and a review of the market trends.

The research conducted as part of this project aims at gathering a comprehensive understanding of the benzoic acid market. The research methodology enabled an in-depth and comprehensive understanding of customer preferences and the different forces influencing the benzoic acid market.

Market Size & Forecast

Attribute/Metric	Details
Market Size 2023	USD 717.10 million
Market Size 2030	USD 890.59 million
Compound Annual Growth Rate (CAGR)	3.26% (2024-2030)
Base Year	2023
Forecast Period	2024-2030
Historical Data	2019 & 2022
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Application, End-Use Industry and Region
Geographies Covered	North America, Europe, Asia Pacific, Middle East & Africa and South America
Countries Covered	US, Canada, Germany, UK, France , Russia, Spain Italy, Netherlands, Poland, Ukraine, Estonia, Moldova, Romania, Portugal, Greece, Ireland, China, Japan, India, South Korea, Indonesia, Brazil, Mexico, Argentina, Turkey, Israel, South Africa, GCC Countries
Key Companies Profiled	Lanxess, Plater Group, Eastman Chemical Company, Foodchem International Corporation, Merck KGaA, Ganesh Benzoplast Limited, Anhui Primechem, Sinteza S.A, Choice Organochem LLP, Spectrum Chemical, Hemadri Chemicals, Wuhan Youji Industries Co., Ltd, Swastik Industries, Navyug Pharmachem Pvt Ltd, PENTA s.r.o, Liaoning Huayi Chemical Industry& Commerce Co.,Ltd, Ujwal Pharma Pvt. Ltd
Key Market Opportunities	· Growing use of benzoates in cosmetics & personal care applications · Increasing demand for non-phthalate plasticizers over phthalate plasticizers
Key Market Dynamics	· Growing demand in packaged food and beverages · Growing pharmaceutical industry

Major Players

Benzoic Acid Market Segmentation

Benzoic Acid Application Outlook (USD Million, 2019-2030)

Adhesives & Sealant
Polymer (Polyurethane, Plastics, Vinyl, Rubber)
Benzoates
Benzoate Plasticizers
Benzoyl Chloride
Animal Feed Additive
Others

Benzoic Acid End-Use Industry Outlook (USD Million, 2019-2030)

Food & Beverages
Oil & Gas Industry
Paints & Coatings Industry
Automotive Industry
Pharmaceutical Industry
Others

Benzoic Acid Regional Outlook (USD Million, 2019-2030)

North America Outlook (USD Million, 2019-2030)
- North America Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- North America Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- US Outlook (USD Million, 2019-2030)
- US Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- US Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- Canada Outlook (USD Million, 2019-2030)
- Canada Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- Canada Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- Europe Outlook (USD Million, 2019-2030)
  - Europe Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Europe Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Germany Outlook (USD Million, 2019-2030)
  - Germany Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Germany Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - UK Outlook (USD Million, 2019-2030)
  - UK Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - UK Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - France Outlook (USD Million, 2019-2030)
  - France Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - France Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Russia Outlook (USD Million, 2019-2030)
  - Russia Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Russia Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Spain Outlook (USD Million, 2019-2030)
  - Spain Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Spain Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Italy Outlook (USD Million, 2019-2030)
  - Italy Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Italy Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Netherlands Outlook (USD Million, 2019-2030)
  - Netherlands Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Netherlands Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Poland Outlook (USD Million, 2019-2030)
  - Poland Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Poland Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Ukraine Outlook (USD Million, 2019-2030)
  - Ukraine Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Ukraine Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Estonia Outlook (USD Million, 2019-2030)
  - Estonia Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Estonia Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Moldova Outlook (USD Million, 2019-2030)
  - Moldova Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Moldova Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Romania Outlook (USD Million, 2019-2030)
  - Romania Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Romania Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Portugal Outlook (USD Million, 2019-2030)
  - Portugal Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Portugal Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Greece Outlook (USD Million, 2019-2030)
  - Greece Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Greece Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Ireland Outlook (USD Million, 2019-2030)
  - Ireland Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Ireland Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Rest of Europe Outlook (USD Million, 2019-2030)
  - Rest of Europe Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Rest of Europe Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Asia-Pacific Outlook (USD Million, 2019-2030)
    - Asia-Pacific Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Asia-Pacific Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - China Outlook (USD Million, 2019-2030)
    - China Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - China Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Japan Outlook (USD Million, 2019-2030)
    - Japan Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Japan Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - India Outlook (USD Million, 2019-2030)
    - India Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - India Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - South Korea Outlook (USD Million, 2019-2030)
    - South Korea Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - South Korea Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Indonesia Outlook (USD Million, 2019-2030)
    - Indonesia Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Indonesia Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Rest of Asia-Pacific Outlook (USD Million, 2019-2030)
    - Rest of Asia-Pacific Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Rest of Asia-Pacific Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - South America Outlook (USD Million, 2019-2030)
      - South America Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - South America Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Brazil Outlook (USD Million, 2019-2030)
      - Brazil Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Brazil Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Mexico Outlook (USD Million, 2019-2030)
      - Mexico Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Mexico Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Argentina Outlook (USD Million, 2019-2030)
      - Argentina Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Argentina Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Rest of South America Outlook (USD Million, 2019-2030)
      - Rest of South America Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Rest of South America Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Middle East & Africa Outlook (USD Million, 2019-2030)
        Middle East & Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Middle East & Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Turkey Outlook (USD Million, 2019-2030)
        Turkey Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Turkey Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Israel Outlook (USD Million, 2019-2030)
        Israel Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Israel Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        South Africa Outlook (USD Million, 2019-2030)
        South Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        South Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        GCC Countries Outlook (USD Million, 2019-2030)
        GCC Countries Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        GCC Countries Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Rest of Middle East & Africa Outlook (USD Million, 2019-2030)
        Rest of Middle East & Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Rest of Middle East & Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others

Market Trends

Global Benzoic Acid Market Overview

Benzoic Acid Market Size was valued at USD 717.10 million in 2023. The Benzoic Acid industry is projected to grow from USD 734.81 million in 2024 to USD 890.59 million by 2030, exhibiting a compound annual growth rate (CAGR) of 3.26% during the forecast period (2024 - 2030). The key factors driving the market growth include the extensive use of benzoic acid in food & beverage and pharmaceutical industry as a preservative. The growing pharmaceutical industry across the globe due to increasing disease prevalence is driving the demand for benzoic acid. Furthermore, the use of benzoic acid as a precursor in the synthesis of benzoyl chloride and phenol is another important factor propelling the market growth. Benzoyl chloride is a precursor for benzyl benzoate, used in flavors and insect repellents. Phenol derived from benzoic acid finds its use in nylon production, which has a wide scope of application. Additionally, stringent regulations on the use of phthalic plasticizers have resulted in increased use of non-phthalate plasticizers, such as benzoate plasticizers, and is a megatrend followed worldwide.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Benzoic Acid Market Trends

Market Segment Insights

Smartphone Sensors Smartphone Type Insights

The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Manufacturer Insights

The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

Smartphone Sensors Application Insights

Smartphone Sensors Regional Insights

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Price Insights

The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

Get more detailed insights about Benzoic Acid Market

Key Players and Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

Key Companies in the Smartphone Sensors market include

MS AG (Austria)

Industry Developments

September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

Market Segmentation

Smartphone Type Outlook

Standard Smartphone
Rugged Smartphone
Smartwatches
Other Wearable

Price Outlook

USD 300 to USD 500
USD 100 to USD 300
Above USD 500
Under USD 100

Manufacturer Outlook

Apple Inc.
Samsung Electronics
Huawei Technology
Xiaomi Inc.

Oppo
Sony Corporation
HMD Global

Application Outlook

High-Level
Mid-Level
Low-Level

Manufacturer Outlook

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Rest of Europe

Asia-Pacific

China
Japan
India
Italy
Australia
South Korea
Rest of Asia-Pacific

Rest of the World

Middle East
Africa
Latin America

Report Scope

Attribute/Metric	Details
Market Size 2023	USD 717.10 million
Market Size 2030	USD 890.59 million
Compound Annual Growth Rate (CAGR)	3.26% (2024-2030)
Base Year	2023
Forecast Period	2024-2030
Historical Data	2019 & 2022
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Application, End-Use Industry and Region
Geographies Covered	North America, Europe, Asia Pacific, Middle East & Africa and South America
Countries Covered	US, Canada, Germany, UK, France , Russia, Spain Italy, Netherlands, Poland, Ukraine, Estonia, Moldova, Romania, Portugal, Greece, Ireland, China, Japan, India, South Korea, Indonesia, Brazil, Mexico, Argentina, Turkey, Israel, South Africa, GCC Countries
Key Companies Profiled	Lanxess, Plater Group, Eastman Chemical Company, Foodchem International Corporation, Merck KGaA, Ganesh Benzoplast Limited, Anhui Primechem, Sinteza S.A, Choice Organochem LLP, Spectrum Chemical, Hemadri Chemicals, Wuhan Youji Industries Co., Ltd, Swastik Industries, Navyug Pharmachem Pvt Ltd, PENTA s.r.o, Liaoning Huayi Chemical Industry& Commerce Co.,Ltd, Ujwal Pharma Pvt. Ltd
Key Market Opportunities	· Growing use of benzoates in cosmetics & personal care applications · Increasing demand for non-phthalate plasticizers over phthalate plasticizers
Key Market Dynamics	· Growing demand in packaged food and beverages · Growing pharmaceutical industry

Market Highlights

Author

Aarti Dhapte

Team Lead - Research

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

What would be the valuation of the benzoic acid market by 2023?

The benzoic acid market has the chance to score as high as USD 1219 million by 2023.

What CAGR is the benzoic acid market expected to achieve over the forecast period encompassing 2018 to 2023?

The benzoic acid would achieve a CAGR of 5.29% during the forecast period of 2018 to 2023.

What volume is the benzoic acid market expected to cross by 2023?

The production of the benzoic acid market would cross a volume of 689.1 kilotons by the end of 2023.

Which end user industry would get the upper hand over the benzoic acid market?

The food & beverage industry would make a dominating impact on the benzoic acid market.

Which region would score the most in the benzoic acid market?

Asia Pacific is likely to retain its dominance over others for the benzoic acid market.

CANADA BENZOIC ACID MARKET ESTIMATES & FORECAST, BY END-USER, 2019-2030 (USD
CANADA BENZOIC ACID MARKET ESTIMATES & FORECAST, BY END-USER, 2019-2030 (KILOTONS)</span>
EUROPE BENZOIC ACID MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030
EUROPE BENZOIC ACID MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030
EUROPE BENZOIC ACID MARKET ESTIMATES & FORECAST, BY END-USER, 2019-2030 (USD
EUROPE BENZOIC ACID MARKET ESTIMATES & FORECAST, BY INSTALLATION, 2019-2030
GERMANY BENZOIC ACID MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030

Benzoic Acid Market Segmentation

Benzoic Acid Application Outlook (USD Million, 2019-2030)

Adhesives & Sealant
Polymer (Polyurethane, Plastics, Vinyl, Rubber)
Benzoates
Benzoate Plasticizers
Benzoyl Chloride
Animal Feed Additive
Others

Benzoic Acid End-Use Industry Outlook (USD Million, 2019-2030)

Food & Beverages
Oil & Gas Industry
Paints & Coatings Industry
Automotive Industry
Pharmaceutical Industry
Others

Benzoic Acid Regional Outlook (USD Million, 2019-2030)

North America Outlook (USD Million, 2019-2030)
- North America Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- North America Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- US Outlook (USD Million, 2019-2030)
- US Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- US Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- Canada Outlook (USD Million, 2019-2030)
- Canada Benzoic Acid by Application
  - Adhesives & Sealant
  - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
  - Benzoates
  - Benzoate Plasticizers
  - Benzoyl Chloride
  - Animal Feed Additive
  - Others
- Canada Benzoic Acid by End-Use Industry
  - Food & Beverages
  - Oil & Gas Industry
  - Paints & Coatings Industry
  - Automotive Industry
  - Pharmaceutical Industry
  - Others
- Europe Outlook (USD Million, 2019-2030)
  - Europe Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Europe Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Germany Outlook (USD Million, 2019-2030)
  - Germany Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Germany Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - UK Outlook (USD Million, 2019-2030)
  - UK Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - UK Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - France Outlook (USD Million, 2019-2030)
  - France Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - France Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Russia Outlook (USD Million, 2019-2030)
  - Russia Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Russia Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Spain Outlook (USD Million, 2019-2030)
  - Spain Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Spain Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Italy Outlook (USD Million, 2019-2030)
  - Italy Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Italy Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Netherlands Outlook (USD Million, 2019-2030)
  - Netherlands Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Netherlands Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Poland Outlook (USD Million, 2019-2030)
  - Poland Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Poland Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Ukraine Outlook (USD Million, 2019-2030)
  - Ukraine Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Ukraine Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Estonia Outlook (USD Million, 2019-2030)
  - Estonia Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Estonia Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Moldova Outlook (USD Million, 2019-2030)
  - Moldova Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Moldova Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Romania Outlook (USD Million, 2019-2030)
  - Romania Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Romania Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Portugal Outlook (USD Million, 2019-2030)
  - Portugal Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Portugal Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Greece Outlook (USD Million, 2019-2030)
  - Greece Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Greece Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Ireland Outlook (USD Million, 2019-2030)
  - Ireland Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Ireland Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Rest of Europe Outlook (USD Million, 2019-2030)
  - Rest of Europe Benzoic Acid by Application
    - Adhesives & Sealant
    - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
    - Benzoates
    - Benzoate Plasticizers
    - Benzoyl Chloride
    - Animal Feed Additive
    - Others
  - Rest of Europe Benzoic Acid by End-Use Industry
    - Food & Beverages
    - Oil & Gas Industry
    - Paints & Coatings Industry
    - Automotive Industry
    - Pharmaceutical Industry
    - Others
  - Asia-Pacific Outlook (USD Million, 2019-2030)
    - Asia-Pacific Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Asia-Pacific Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - China Outlook (USD Million, 2019-2030)
    - China Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - China Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Japan Outlook (USD Million, 2019-2030)
    - Japan Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Japan Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - India Outlook (USD Million, 2019-2030)
    - India Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - India Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - South Korea Outlook (USD Million, 2019-2030)
    - South Korea Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - South Korea Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Indonesia Outlook (USD Million, 2019-2030)
    - Indonesia Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Indonesia Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - Rest of Asia-Pacific Outlook (USD Million, 2019-2030)
    - Rest of Asia-Pacific Benzoic Acid by Application
      - Adhesives & Sealant
      - Polymer (Polyurethane, Plastics, Vinyl, Rubber)
      - Benzoates
      - Benzoate Plasticizers
      - Benzoyl Chloride
      - Animal Feed Additive
      - Others
    - Rest of Asia-Pacific Benzoic Acid by End-Use Industry
      - Food & Beverages
      - Oil & Gas Industry
      - Paints & Coatings Industry
      - Automotive Industry
      - Pharmaceutical Industry
      - Others
    - South America Outlook (USD Million, 2019-2030)
      - South America Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - South America Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Brazil Outlook (USD Million, 2019-2030)
      - Brazil Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Brazil Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Mexico Outlook (USD Million, 2019-2030)
      - Mexico Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Mexico Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Argentina Outlook (USD Million, 2019-2030)
      - Argentina Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Argentina Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Rest of South America Outlook (USD Million, 2019-2030)
      - Rest of South America Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
      - Rest of South America Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
      - Middle East & Africa Outlook (USD Million, 2019-2030)
        Middle East & Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Middle East & Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Turkey Outlook (USD Million, 2019-2030)
        Turkey Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Turkey Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Israel Outlook (USD Million, 2019-2030)
        Israel Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Israel Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        South Africa Outlook (USD Million, 2019-2030)
        South Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        South Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        GCC Countries Outlook (USD Million, 2019-2030)
        GCC Countries Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        GCC Countries Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others
        Rest of Middle East & Africa Outlook (USD Million, 2019-2030)
        Rest of Middle East & Africa Benzoic Acid by Application
        Adhesives & Sealant
        Polymer (Polyurethane, Plastics, Vinyl, Rubber)
        Benzoates
        Benzoate Plasticizers
        Benzoyl Chloride
        Animal Feed Additive
        Others
        Rest of Middle East & Africa Benzoic Acid by End-Use Industry
        Food & Beverages
        Oil & Gas Industry
        Paints & Coatings Industry
        Automotive Industry
        Pharmaceutical Industry
        Others

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“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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Case Study

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Benzoic Acid Market

Purchase Options

Market Summary

Market Size & Forecast

Major Players

Market Trends

Global Benzoic Acid Market Overview

Benzoic Acid Market Trends

Market Segment Insights

Smartphone Sensors Smartphone Type Insights

Smartphone Sensors Manufacturer Insights

Smartphone Sensors Application Insights

Smartphone Sensors Regional Insights

Smartphone Sensors Price Insights

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Key Players and Competitive Insights

Key Companies in the Smartphone Sensors market include

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Smartphone Type Outlook

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Benzoic Acid Market Segmentation

Benzoic Acid End-Use Industry Outlook (USD Million, 2019-2030)

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Jongwon Byun

Director, Research Operations

Smartphone Motherboard Parts Manufacturing Research