Global Benzaldehyde Derivatives Market: Surge in Demand to Stem from Pharma Industry

Transparency Market
Research
BENZALDEHYDE DERIVATIVES MARKET - GLOBAL INDUSTRY ANALYSIS,
SIZE, SHARE, GROWTH, TRENDS AND FORECAST 2016 - 2024
Published Date
17-Jan-2017
92 Page Report
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Press Release
Global Benzaldehyde Derivatives Market: Surge in Demand to Stem from
Pharma Industry : TMR
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Benzaldehyde Derivatives Market
REPORT DESCRIPTION
Benzaldehyde Derivatives Market (Products - Cinnamic Acid,
Benzoic Acid, Sodium Benzoate, and Benzyl Alcohol) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 2024
The top three manufacturers of benzaldehyde derivatives in 2015 were Emerald Performance
Chemicals, Gujarat Alkalies and Chemicals Ltd., and Haihang Industry Co., Ltd. Their collective share
of 51.3% in the market’s revenue for 2015 pointed to a moderately consolidated competitive
landscape despite the presence of a massive number of local manufacturers. The key players in the
market are showing strong intentions of exploring regions outside their headquarter regions in order
to increase demand scale.
As stated in a publication on the global benzaldehyde derivatives market by Transparency Market
Research, the degree of competition within the market is expected to remain moderately
concentrated in key regions over the coming years. A lot of the key names in the market are already
adopting aggressing expansion strategies to generate a greater share in the market. As for the newer
players and possible entrants, the global benzaldehyde derivatives market looks to be a promising
one with the huge customer pools available in nearly all regions, but are deterred by the high capital
required to setup in the market. The global benzaldehyde derivative market is expected to be valued
at US$1.43 bn by the end of 2016 and is likely to reach US$2.14 bn by the end of 2024, if the market
can maintain a CAGR of 5.1 % in terms of revenue, within a forecast period from 2016 to 2024.
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Benzaldehyde Derivative Manufacturers Can Expect a Rounded Increase in Demand
“The end users of the global benzaldehyde derivatives market from the industries of chemicals, food
and beverages, and agrochemicals are expected to be an inseparable part of the market’s growth
rate over the coming years. Benzaldehyde derivatives find a massive scope of use in cosmetics,
perfumes, and dyes, making them a highly sought-after chemical in the booming cosmetics markets
around the world. The food and beverages industry is also upping its demand for benzaldehyde
derivatives due to their high rate of use as a stabilizer and artificial sweetener. The use of cinnamic
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Benzaldehyde Derivatives Market
acid as a pesticide has become extremely popular due to its effectiveness on over 40 of the key crops
growing around the world, further boosting the growth rate of the global benzaldehyde derivatives
market,” states a TMR analyst.
Over the coming years, the global benzaldehyde derivatives market is expected to generate a high
revenue stream from the pharmaceutical industry, where the use of benzaldehyde derivatives is
finding greater scope in the manufacture of several drugs, including ephedrine HCL, D-alpha phenyl
glycine, and benzyl amine. The pharma industry is also expected to further increase its demand for
benzaldehyde derivatives through successful developments in the fields of biotechnology and
biosciences. Additionally, some benzaldehyde derivatives are strongly linked to anti-cancer function
in the human body and are therefore gaining a lot of attention from those angles.
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Threat of Substitutes Looms Large over Global Benzaldehyde Derivatives Market
There are a large number of substitutes present against benzaldehyde derivatives, such as sodium
nitrate, several sulfites, sorbic acid, and propionic acid in the chemicals industry. They perform similar
functions and can be easily available in relation to the manufacture and distribution of benzaldehyde
derivatives. The food and beverages industry can also look to strong substitutes such as potassium
nitrate, erythorbic acid, and calcium ascorbate, further reducing the overall demand for benzaldehyde
derivatives. The global benzaldehyde derivatives market is further threatened by the increasing health
concerns over some types of benzaldehyde derivatives, such as benzoic acid, which when inhaled in
large amounts can cause abnormal bodily functions.
“Manufacturers in the global benzaldehyde derivatives market could look to the pharmaceutical sector
for a greater demand over the coming years, as these chemicals provide solid options for several
drugs and pharma processes. Additionally, the growing markets for cosmetics, solvents, and dyes are
also expected to generate sizeable opportunities in the global benzaldehyde derivatives market over
the coming years,” adds the analyst.
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Benzaldehyde Derivatives Market
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Objectives
Chapter 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Chapter 3 Executive Summary
3.1 Market Size, Indicative (US$ Mn)
3.2 Top 3 Trends
3.3 Top 2 Drivers
3.4 Top Market Restarint
3.5 Total Market Value in US$ Mn
Chapter 4 Market Overview
4.1 Product Overview
4.2 Drivers and Restraints Analysis
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Value Chain Analysis
4.4 Porter's Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Threat of Substitutes
4.4.3 Threat of New Entrants
4.4.4 Bargaining Power of Suppliers
4.4.5 Degree of Competition
Chapter 5 Global Benzaldehyde Derivatives Market: Price Trend Analysis (US$/Tons)
5.1 Market price, by product
Chapter 6 Global Benzaldehyde Derivatives Market by Product
6.1 Product Overview
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6.2 Global Benzaldehyde Derivatives Market Value Share Analysis By Product
6.3 Global Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
6.4 Global Benzaldehyde Derivatives Market Attractiveness Analysis by Product
6.5 Global Benzaldehyde Derivatives Market Value Share Analysis By Region,
6.6 Global Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Region
6.7 Global Benzaldehyde Derivatives Market Attractiveness Analysis, by Region
Chapter 7 North America Benzaldehyde Derivatives Market
7.1 North America Benzaldehyde Derivatives Market Value Share Analysis By Product
7.2 North America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
7.3 North America Benzaldehyde Derivatives Market Value Share Analysis, By Country
7.4 North America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by country
7.5 US Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
7.6 Rest of North America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by
product
Chapter 8 Europe Benzaldehyde Derivatives Market
8.1 Europe Benzaldehyde Derivatives Market Value Share Analysis By Product
8.2 Europe Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.3 Europe Benzaldehyde Derivatives Market Value Share Analysis By Country
8.4 Europe Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country
8.5 UK Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.6 Germany Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.7 France Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.8 Spain Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.9 Italy Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
8.10 Rest of Europe Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
Chapter 9 Asia-Pacific Benzaldehyde Derivatives Market
9.1 Asia-Pacific Benzaldehyde Derivatives Market Value Share Analysis By Product
9.2 Asia-Pacific Benzaldehyde Derivatives Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons)
Forecast, by product
9.3 Asia-Pacific Benzaldehyde Derivatives Market Value Share Analysis By Product
9.4 Asia-Pacific Benzaldehyde Derivatives Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons)
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Forecast, by Country
9.5 China Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
9.6 Japan Benzaldehyde Derivatives Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons)
Forecast, by product
9.7 ASEAN Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
9.8 Rest of Asia Pacific Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by
product
Chapter 10 Middle East and Africa Benzaldehyde Derivatives Market
10.1 Middle East and Africa Benzaldehyde Derivatives Market Value Share Analysis By Product
10.2 Middle East and Africa Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by
product
10.3 Middle East and Africa Benzaldehyde Derivatives Market Value Share Analysis By Country
10.4 Middle East and Africa Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by
country
10.5 GCC Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
10.6 SA Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
10.7 SA Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
Chapter 11 Latin America Benzaldehyde Derivatives Market
11.1 Latin America Benzaldehyde Derivatives Market Value Share Analysis, By Product
11.2 Latin America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
11.3 Latin America Benzaldehyde Derivatives Market Value Share Analysis, By Country
11.4 Latin America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by country
11.5 Brazil Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by product
11.6 Rest of Latin America Benzaldehyde Derivatives Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by
product
Chapter 12 Competition Landscape
12.1 Global Benzaldehyde Derivatives Market Share Analysis By Company
12.2 Competition Matrix
12.3 Company Profiles
12.3.1 Emerald Performance Materials
12.3.1.1 Company Details
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12.3.1.2 Company Description
12.3.1.3 Business Overview
12.3.1.4 SWOT Analysis
12.3.1.5 Breakdown of Net sales, by region
12.3.1.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.2 Merck KGaA
12.3.2.1 Company Details
12.3.2.2 Company Description
12.3.2.3 Business Overview
12.3.2.4 SWOT Analysis
12.3.2.5 Breakdown of Net sales, by region
12.3.2.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.3 Haihang Industry Co., Ltd
12.3.3.1 Company Details
12.3.3.2 Company Description
12.3.3.3 Business Overview
12.3.3.4 SWOT Analysis
12.3.3.5 Breakdown of Net sales, by region
12.3.3.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.4 Elan Chemical
12.3.4.1 Company Details
12.3.4.2 Company Description
12.3.4.3 Business Overview
12.3.4.4 SWOT Analysis
12.3.4.5 Breakdown of Net sales, by region
12.3.4.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.5 Guangzhou Shiny Co., Ltd
12.3.5.1 Company Details
12.3.5.2 Company Description
12.3.5.3 Business Overview
12.3.5.4 SWOT Analysis
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12.3.5.5 Breakdown of Net sales, by region
12.3.5.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.6 Gujarat Alkalies and Chemicals Limited
12.3.6.1 Company Details
12.3.6.2 Company Description
12.3.6.3 Business Overview
12.3.6.4 SWOT Analysis
12.3.6.5 Breakdown of Netsales of production, by product
12.3.6.6 Revenue (US$ Bn) and Y-o-Y Growth (%), 2012–2015
12.3.7 Kadillac Chemicals Pvt Ltd
12.3.7.1 Company Details
12.3.7.2 Company Description
12.3.7.3 Business Overview
12.3.7.4 SWOT Analysis
12.3.7.5 Breakdown of Net sales, by region
12.3.7.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.8 Shimmer Chemicals
12.3.8.1 Company Details
12.3.8.2 Company Description
12.3.8.3 Business Overview
12.3.8.4 SWOT Analysis
12.3.8.5 Breakdown of Net sales, by region
12.3.8.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
12.3.9 Wuhan Dico
12.3.9.1 Company Details
12.3.9.2 Company Description
12.3.9.3 Business Overview
12.3.9.4 SWOT Analysis
12.3.9.5 Breakdown of Net sales, by region
12.3.9.6 Revenue (US$ Bn) and Y-o-Y Growth (%), 2012-2015
12.3.10 Yingcheng Wuhan Organic Material Co., Ltd
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12.3.10.1 Company Details
12.3.10.2 Company Description
12.3.10.3 Business Overview
12.3.10.4 SWOT Analysis
12.3.10.5 Breakdown of Net sales, by region
12.3.10.6 Revenue (US$ Bn ) and Y-o-Y Growth (%), 2012-2015
Chapter 13 Key Takeaways
13.1 Primary Research-Key Findings
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The global benzaldehyde derivative market is expected to be valued at US$1.43 bn by the end of 2016 and is likely to reach US$2.14 bn by the end of 2024, if the market can maintain a CAGR of 5.1 % in terms of revenue, within a forecast period from 2016 to 2024.