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Thursday, June 3, 2021

Global Benzyl Chloride Market to be Driven by Rising Health Problems in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Benzyl Chloride Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global benzyl chloride market, assessing the market based on its segments like application, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/benzyl-chloride-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 3 %

The benzyl chloride market is positively affected by significant developments in the growth of the benzyl alcohol and paint industry, which indirectly supports the global benzyl alcohol market. In addition, the benzyl chloride industry is also powered by advances in the plastic industry and the widespread demand for skin care products and various pharmaceuticals. The demand for benzyl chloride in the forecast period is expected to be driven by rapid growth in developing countries, an increase in disposable income and lifestyle standards, as well as rising urbanization. However, benzyl chloride’s dangerous properties are slightly might hampering the development of this market.

Industry Definition and Major Segments

Benzyl chloride is an organic compound that has a pungent, irritating smell. It is sometimes referred to as alpha-chlorotoluene. As a chemical intermediate, benzyl chloride is primarily used as a base for the processing of other useful chemicals such as benzyl alcohol, colorants, many essential pharmaceutical products and flavor products.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/benzyl-chloride-market

The market is segregated in terms of application into:

  • Benzyl Alcohol
  • Benzyl Cyanide
  • Benzyl Quaternary Ammonium Compounds
  • Benzyl Phthalates
  • Benzyl Ester
  • Others

The market is divided on the basis of end use into:

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

The key market driver is the growing demand for benzyl chloride in the manufacturinge of alcohol, which in turn, is used in a wide range of sectors. Demand for benzyl alcohol in the paint and coating industry and its expansion worldwide are also expected to fuel the demand in the forecast eraperiod, thanks to rapid developments. In the skin care device industry, benzyl peroxide finds final application as it is a key component in skin care medicine. In the plastic industry, benzyl chloride is often commonly used as it has many important physical properties helpful in the plastic manufacturing process. As a rapidly rising market, plastics are also anticipated to boost demand for benzyl chloride in the forecast eraperiod.

Key Market Players

The major players in the market are Lanxess AG, Shanghai Xinglu Chemical Technology Co., Ltd, Nippon Light Metal Co.,Ltd, Valtris Specialty Chemicals, Hubei Phoenix Chemical Company Limited, Benzochem Industries Pvt Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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