Global Benzyl Benzoate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Pharmaceutical Grade, Industrial Grade, and Flavors & Fragrance Grade.

By Application;

Textile Auxiliaries, Flavors & Fragrance, Pharmaceuticals, and Plasticizer.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn884672840 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Benzyl Benzoate Market (USD Million), 2021 - 2031

In the year 2024, the Global Benzyl Benzoate Market was valued at USD 809.66 million. The size of this market is expected to increase to USD 1,154.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global benzyl benzoate market is a significant and dynamic segment within the chemicals industry, driven by its wide-ranging applications and versatile properties. Benzyl benzoate, an ester of benzyl alcohol and benzoic acid, is renowned for its effectiveness as a solvent, plasticizer, and fixative. It is commonly used in various industries, including pharmaceuticals, personal care, textiles, and plastics. The compound's ability to act as an insect repellent and acaricide further enhances its utility in pest control products, making it an essential ingredient in formulations designed to manage mite and tick infestations.

In the pharmaceutical industry, benzyl benzoate is widely utilized for its medicinal properties. It is an active ingredient in topical medications used to treat scabies and lice, offering effective relief from these parasitic infestations. Additionally, benzyl benzoate is used as a solubilizing agent in injectable drugs and as an intermediate in the synthesis of other pharmaceutical compounds. The growing global healthcare sector, coupled with increasing awareness about parasitic infections, has driven the demand for benzyl benzoate in pharmaceutical applications, ensuring steady market growth.

The personal care and cosmetics industry also significantly contribute to the benzyl benzoate market. It is used as a fixative in perfumes, enhancing the longevity and stability of fragrances. Furthermore, benzyl benzoate acts as a solvent in various cosmetic formulations, ensuring the even distribution of ingredients. The compound's antimicrobial properties make it a valuable additive in personal care products, extending shelf life and enhancing product safety. With rising consumer demand for high-quality and long-lasting personal care products, the benzyl benzoate market is poised for continued growth, driven by innovations and expanding applications in this sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Benzyl Benzoate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Pesticide Applications
        2. Increasing Use in Plastics
        3. Expanding Personal Care Products
        4. Enhanced Industrial Applications
      2. Restraints
        1. Fluctuating Raw Material Costs
        2. Environmental Impact Concerns
        3. Availability of Substitutes
        4. Health and Safety Issues
      3. Opportunities
        1. Emerging Markets Growth
        2. Sustainable Product Development
        3. Increasing Consumer Awareness
        4. Expanding Pharmaceutical Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Benzyl Benzoate Market, By Grade, 2021 - 2031 (USD Million)
      1. Pharmaceutical Grade
      2. Industrial Grade
      3. Flavors & Fragrance Grade
    2. Global Benzyl Benzoate Market, By Application, 2021 - 2031 (USD Million)
      1. Textile Auxiliaries
      2. Flavors & Fragrance
      3. Pharmaceuticals
      4. Plasticizer
    3. Global Benzyl Benzoate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Anmol Chemicals Group
      2. Emerald Performance
      3. ERNESTO VENTS SA
      4. Haihang Industry
      5. LANXESS AG
      6. Tianjin Dongda Chemical
      7. Vertellus Holdings LLC
      8. Wuhan Biet
  7. Analyst Views
  8. Future Outlook of the Market