APAC Benzoic Acid Market - Trends, COVID-19 impact and Growth Forecasts to 2026
APAC Benzoic Acid Market 2015-2026 application (Benzoates, Benzoyl Chloride, Benzoate Plasticizer, Alkyd Resin, Animal Feed Additive, and Others), by end use (Food, Chemical, Pharmaceutical, and Others), with forecasts till 2026 (value and volume)
APAC Benzoic Acid Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s APAC Benzoic Acid market study is a 60 slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from applications and end-use industry perspective. Despite the adverse effects of the COVID-19 pandemic, the market is expected to rebound and grow at a CAGR of 2.7% over 2021-2026. The main factors driving growth is the chemical’s extensive use as a preservative from food and beverages industry, the demand for which has witnessed robust growth in the past few years.
Scope
This study contains APAC market size data - value and volume. The numbers are broken down by application (Benzoates, Benzoyl Chloride, Benzoate Plasticizer, Alkyd Resin, Animal Feed Additive, and Others), by end use (Food, Chemical, Pharmaceutical, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The APAC Benzoic Acid market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$0.51 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the APAC Benzoic Acid market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Figure 1: APAC Benzoic Acid market during 2015-2026 in million tons
Figure 2: APAC Benzoic Acid market by application in 2020
Figure 3: APAC Benzoic Acid market by end use in 2020
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary methodology
1.7 Data collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 Impact
Chapter-2: Market analysis by application
2. APAC: Benzoic Acid application market size composition
2.1.1 APAC: Benzoic Acid market overview, 2015-2026 (US$ billion)
2.1.2 APAC: Benzoic Acid market overview, 2015-2026 (million tons)
2.2.1 APAC Benzoic Acid market overview, 2015-2026 (US$ Billion)
2.2.2 APAC Benzoic Acid market overview, 2015-2026 (Million tons)
2.3.1 APAC Benzoic Acid market: Benzoates (US$ billion)
2.3.2 APAC Benzoic Acid market: Benzoates (Million tons)
2.4.1 APAC Benzoic Acid market: Benzoyl Chloride (US$ billion)
2.4.2 APAC Benzoic Acid market: Benzoyl Chloride (Million tons)
2.5.1 APAC Benzoic Acid market: Benzoate Plasticizer (US$ billion)
2.5.2 APAC Benzoic Acid market: Benzoate Plasticizer (Million tons)
2.5.1 APAC Benzoic Acid market: Alkyd Resin (US$ billion)
2.5.2 APAC Benzoic Acid market: Alkyd Resin (Million tons)
2.5.1 APAC Benzoic Acid market: Animal Feed Additive (US$ billion)
2.5.2 APAC Benzoic Acid market: Animal Feed Additive (Million tons)
2.6.1 APAC Benzoic Acid market: Others (US$ billion)
2.6.2 APAC Benzoic Acid market: Others (Million tons)
Chapter-3: Market analysis by end-use industry
3. APAC: Benzoic Acid end-use industry market size composition
3.1.1 APAC: Benzoic Acid market overview, 2015-2026 (US$ billion)
3.1.2 APAC: Benzoic Acid market overview, 2015-2026 (million tons)
3.2.1 APAC Benzoic Acid market: Food (US$ billion)
3.2.1 APAC Benzoic Acid market: Food (million tons)
3.3.1 APAC Benzoic Acid market: Chemical (US$ billion)
3.3.1 APAC Benzoic Acid market: Chemical (million tons)
3.4.1 APAC Benzoic Acid market: Pharmaceutical (US$ billion)
3.4.1 APAC Benzoic Acid market: Pharmaceutical (million tons)
3.4.1 APAC Benzoic Acid market: Others (US$ billion)
3.4.1 APAC Benzoic Acid market: Others (million tons)
Chapter-4: Key markets analysis
4.1 APAC Benzoic Acid key market size composition
4.1.1 APAC Benzoic Acid overview, 2015-2026 (US$ Billion)
4.1.2 APAC Benzoic Acid overview, 2015-2026 (million tons)
4.2.1 APAC Benzoic Acid market: China (US$ billion)
4.2.2 APAC Benzoic Acid market: China (million tons)
4.3.1 APAC Benzoic Acid market: India (US$ billion)
4.3.2 APAC Benzoic Acid market: India (million tons)
4.4.1 APAC Benzoic Acid market: Japan (US$ billion)
4.4.2 APAC Benzoic Acid market: Japan (million tons)
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Benzoic Acid market by application during 2015-2026 in US$ billion
Table 2: By volume: Benzoic Acid market by application during 2015-2026 in million tons
Table 3: By value: Benzoic Acid market by end-use industry during 2015-2026 in US$ billion
Table 4: By volume: Benzoic Acid market by end-use industry during 2015-2026 in million tons
Table 5: By Value: Key Benzoic Acid markets in APAC in US$ billion
Table 6: By Volume: Key Benzoic Acid markets in APAC in million tons
List of Figures
Figure 1: By value: Benzoic Acid market by application during 2015-2026 in %
Figure 2: By volume: Benzoic Acid market by application during 2015-2026 in %
Figure 3: By value: Use of Benzoic Acid in APAC during 2015-2026 in %
Figure 4: By value: Use of Benzoic Acid in APAC during 2015-2026 in US$ billion
Figure 5: By volume: Use of Benzoic Acid in APAC during 2015-2026 in %
Figure 6: By volume: Use of Benzoic Acid in APAC during 2015-2026 in million tons
Figure 7: By value: Use of Benzoic Acid in APAC Benzoates market during 2015-2026 in %
Figure 8: By value: Use of Benzoic Acid in APAC Benzoates market during 2015-2026 in US$ billion
Figure 9: By volume: Use of Benzoic Acid in APAC Benzoates market during 2015-2026 in %
Figure 10: By volume: Use of Benzoic Acid in APAC Benzoates market during 2015-2026 in million tons
Figure 11: By value: Use of Benzoic Acid in APAC Benzoyl Chloride market during 2015-2026 in %
Figure 12: By value: Use of Benzoic Acid in APAC Benzoyl Chloride market during 2015-2026 in US$ billion
Figure 13: By volume: Use of Benzoic Acid in APAC Benzoyl Chloride market during 2015-2026 in %
Figure 14: By volume: Use of Benzoic Acid in APAC Benzoyl Chloride market during 2015-2026 in million tons
Figure 15: By value: Use of Benzoic Acid in APAC Benzoate Plasticizer market during 2015-2026 in %
Figure 16: By value: Use of Benzoic Acid in APAC Benzoate Plasticizer market during 2015-2026 in US$ billion
Figure 17: By volume: Use of Benzoic Acid in APAC Benzoate Plasticizer market during 2015-2026 in %
Figure 18: By volume: Use of Benzoic Acid in APAC Benzoate Plasticizer market during 2015-2026 in million tons
Figure 19: By value: Use of Benzoic Acid in APAC Alkyd Resin market during 2015-2026 in %
Figure 20: By value: Use of Benzoic Acid in APAC Alkyd Resin market during 2015-2026 in US$ billion
Figure 21: By volume: Use of Benzoic Acid in APAC Alkyd Resin market during 2015-2026 in %
Figure 22: By volume: Use of Benzoic Acid in APAC Alkyd Resin market during 2015-2026 in million tons
Figure 23: By value: Use of Benzoic Acid in APAC Animal Feed Additive market during 2015-2026 in %
Figure 24: By value: Use of Benzoic Acid in APAC Animal Feed Additive market during 2015-2026 in US$ billion
Figure 25: By volume: Use of Benzoic Acid in APAC Animal Feed Additive market during 2015-2026 in %
Figure 26: By volume: Use of Benzoic Acid in APAC Animal Feed Additive market during 2015-2026 in million tons
Figure 27: By value: Use of Benzoic Acid in APAC Others market during 2015-2026 in %
Figure 28: By value: Use of Benzoic Acid in APAC Others market during 2015-2026 in US$ billion
Figure 29: By volume: Use of Benzoic Acid in APAC Others market during 2015-2026 in %
Figure 30: By volume: Use of Benzoic Acid in APAC Others market during 2015-2026 in million tons
Figure 31: By value: Benzoic Acid market by end-use industry during 2015-2026 in %
Figure 32: By volume: Benzoic Acid market by end-use industry during 2015-2026 in %
Figure 33: By value: Use of Benzoic Acid in APAC Food market during 2015-2026 in %
Figure 34: By value: Use of Benzoic Acid in APAC Food market during 2015-2026 in US$ billion
Figure 35: By volume: Use of Benzoic Acid in APAC Food market during 2015-2026 in %
Figure 36: By volume: Use of Benzoic Acid in APAC Food market during 2015-2026 in million tons
Figure 37: By value: Use of Benzoic Acid in APAC Chemical market during 2015-2026 in %
Figure 38: By value: Use of Benzoic Acid in APAC Chemical market during 2015-2026 in US$ billion
Figure 39: By volume: Use of Benzoic Acid in APAC Chemical market during 2015-2026 in %
Figure 40: By volume: Use of Benzoic Acid in APAC Chemical market during 2015-2026 in million tons
Figure 41: By value: Use of Benzoic Acid in APAC Pharmaceutical market during 2015-2026 in %
Figure 42: By value: Use of Benzoic Acid in APAC Pharmaceutical market during 2015-2026 in US$ billion
Figure 43: By volume: Use of Benzoic Acid in APAC Pharmaceutical market during 2015-2026 in %
Figure 44: By volume: Use of Benzoic Acid in APAC Pharmaceutical market during 2015-2026 in million tons
Figure 45: By value: Use of Benzoic Acid in APAC Others market during 2015-2026 in %
Figure 46: By value: Use of Benzoic Acid in APAC Others market during 2015-2026 in US$ billion
Figure 47: By volume: Use of Benzoic Acid in APAC Others market during 2015-2026 in %
Figure 48: By volume: Use of Benzoic Acid in APAC Others market during 2015-2026 in million tons
Figure 49: By Value: key Benzoic Acid markets in APAC US$ billion
Figure 50: By Volume: key Benzoic Acid markets in APAC in million tons
Figure 51: By value: China Benzoic Acid market during 2015-2026 in %
Figure 52: By value: China Benzoic Acid market during 2015-2026 in US$ billion
Figure 53: By volume: China Benzoic Acid market during 2015-2026 in %
Figure 54: By volume: China Benzoic Acid market during 2015-2026 in million tons
Figure 55: By value: India Benzoic Acid market during 2015-2026 in %
Figure 56: By value: India Benzoic Acid market during 2015-2026 in US$ billion
Figure 57: By volume: India Benzoic Acid market during 2015-2026 in %
Figure 58: By volume: India Benzoic Acid market during 2015-2026 in million tons
Figure 59: By value: Japan Benzoic Acid market during 2015-2026 in %
Figure 60: By value: Japan Benzoic Acid market during 2015-2026 in US$ billion
Figure 61: By volume: Japan Benzoic Acid market during 2015-2026 in %
Figure 62: By volume: Japan Benzoic Acid market during 2015-2026 in million tons
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
| Report Parameters | Details |
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| Historical Period | |
| Forecast Period | |
| Units considered | |
| Report Coverage | |
| COVID-19 | |
| Segments | |
| Regions included in the study | |
| Companies Profiled |