Global Benzaldehyde Derivatives Market is expected to grow at a CAGR between 5.1% and 5.5% over the forecast period 2016 to 2022. Benzaldehyde derivatives are the compounds which are derived from one of the simplest forms of aldehyde, benzaldehyde. These derivatives are found both in natural and synthetic forms. Benzaldehyde is widely used in organic synthesis, where it is the raw material for a large number of products. The Global benzaldehyde derivatives market is expected to be primarily driven by factors such as rising demand for benzaldehyde derivatives, growing health concerns and threat of substitutes. However, the growth in Global benzaldehyde derivatives market is likely to be restrained by factors such as volatility in crude oil prices, and volatility in strict regulations. Benzaldehyde is widely used in organic synthesis, where it is the raw material for a large number of products.
The benzaldehyde derivatives market is segmented on the basis of product, application, and region. The segmentation on the basis of product covers cinnamic acid, benzoic acid, benzyl alcohol, sodium benzoate, and other. On the basis of application the market is segmented as agrochemicals, cosmetics, aroma chemicals, pharmaceuticals, dyes, and others.
Among the products benzoic acid is expected to be the largest market for benzaldehyde derivatives market over the forecast period 2016 to 2022. Furthermore cinnamic acid is expected to grow at the highest CAGR over the forecast period.
The regions covered in the report include North America, Europe, Asia-Pacific, and Rest of the World. North America region covers the country markets such as U.S., Rest of North America (RoNA). Furthermore Europe includes the country markets such as Germany, U.K., France, Spain, and Rest of Europe. The Asia-Pacific region covers the analysis of countries such as China, Japan, India, Australia/New Zealand, and Rest of APAC.
The companies covered in the report include
Danyang Wanlong Chemical Co
Emerald Kalama Chemical
Gujarat Alkalies And Chemicals Limitet
Haihang Industry Co. Ltd.
Kadillac Chemicals Pvt. Ltd.
Lanxess, Merck Kgaa
Nantong Tianshi Chemical Co. Ltd.
Shimmer Chemicals Pvt. Ltd.
Taile Chemical Industry Co. Ltd.