Benzoic Acid Market Size, Share, and Trends 2024 to 2034

The global benzoic acid market size accounted for USD 1.17 billion in 2024, grew to USD 1.22 billion in 2025, and is expected to be worth around USD 1.88 billion by 2034, registering a healthy CAGR of 4.86% between 2024 and 2034. The Asia Pacific benzoic acid market size is predicted to increase from USD 631.80 million in 2024 and is estimated to grow at the fastest CAGR of 4.95% during the forecast year.

  • Last Updated : November 2024
  • Report Code : 2934
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Benzoic Acid Market 

5.1. COVID-19 Landscape: Benzoic Acid Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Benzoic Acid Market, By Form

8.1. Benzoic Acid Market Revenue and Volume, by Form, 2024-2034

8.1.1. Powder

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Granules

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Benzoic Acid Market, By Application

9.1. Benzoic Acid Market Revenue and Volume, by Application, 2024-2034

9.1.1. Food and Beverages

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Cosmetics

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Pharmaceuticals

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Benzoic Acid Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.1.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.2.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Form (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)

Chapter 11. Company Profiles

11.1. Avantor Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Merck KGaA

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Ganesh Benzoplast Ltd.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Spectrum Chemicals

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Wuhan Youji Industries Co. Lt

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. FBC Industries, Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Tengzhou Tenglong Chemical Co., Ltd.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. CellMark AB

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. A.M. Food Chemical Co. Limited

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Hugestone enterprise co. Ltd.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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