A recent report published by Infinium Global Research on benzoic acid market provides in-depth analysis of segments and sub-segments in the global as well as regional benzoic acid market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional benzoic acid market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global benzoic acid market. According to the report, the global benzoic acid market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.
The report on global benzoic acid market covers segments such as application, and end-user. On the basis of application, the sub-markets include animal feed additive, benzoyl chloride, alkyd resins, benzoate plasticizers, benzoates, and others. On the basis of end-user, the sub-markets include pharmaceutical, chemical, food & beverages, and others.
The report provides profiles of the companies in the market such as Reliance Industries Limited, Shanghai Danfan Network Science&Technology Co., Ltd., Shanghai UBM Sinoexpo International Exhibition Co Ltd, San Fu Chemical Co., Ltd., Wuhan YouJi Industries Company Limited, Chemcrux Enterprises Ltd, SINTEZA, HUANGSHI TAIHUA INDUSTRY SCIENCE AND TECHNOLOGY DEVELOP CO.,LTD., Novaphene, I G Petrochemicals Limited., and Emerald Performance Materials.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of benzoic acid market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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