Benzoic Acid Market Emerging Trend, Top Companies, Industry Demand, Business Review and Regional Analysis by 2027

The Global Benzoic Acid Market size is expected to grow from USD 1.05 billion in 2019 to USD 1.59 billion by 2027, registering a CAGR of 5% during the forecast period. 

Benzoic acid is a carboxylic acid with a variety of functions, including antifungal and antimicrobial properties, and is in increasing demand in many end-use industries. It is naturally found in a variety of fruits, including plums, cranberries, plums, and raspberries. It is mainly used in the food and beverage industry, as well as in the chemical and pharmaceutical industries. With revenue share, the global market is expected to represent a CAGR of 5.4% during the forecast period.

Top Major Key Players

1. Emerald Performance Materials
2. I G Petrochemicals Ltd. (IGPL)
3. Merck KGaA
4. Chemcrux Enterprises Ltd
5. The Chemical Company

Application Type

• Sodium Benzoates
• Benzoate plasticizers
• Benzoyl Chloride
• Alkyd Resins
• Animal Feed Additive

By End-Use

Food & Beverages

Chemical industry

Pharmaceuticals

others

Scope of the Report

The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Warehousing Logistics Robots Market Report

1. What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Warehousing Logistics Robots Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.