Press release
Global Benzaldehyde Market Is Expected To Attain A CAGR Of 4.5% By 2029
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The Benzaldehyde industry suffered a huge setback due to halted production and a limited supply of raw materials.
With the vaccination process picking up pace in countries like China, India, the U.S., the U.K., and Germany, manufacturers are gradually heading towards the road to recovery with an improved supply chain and streamlined production activities.
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Key Segments Covered in Benzaldehyde Report:
On the basis of grade, the benzaldehyde market can be segmented into:
FCC Grade
Technical Grade
On the basis of application, the benzaldehyde market can be segmented into:
Flavor & Fragrances
Pharmaceutical & intermediates
Beverages
Carbonated Soft Drinks
Fruit Juices & Other Soft Drinks
Alcoholic Beverages (
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Benzaldehyde
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Covered In This Report:
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Benzaldehyde is an organic aromatic chemical used in manufacturing of various chemicals, it is also used as an additive and flavouring agent in industries such as, food & beverages, and pharmaceutical industries. Benzaldehyde is one of the core raw material used in synthesis of various aroma chemicals, thus an augmented demand from the aroma chemical manufacturers across the globe is…
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Benzaldehyde is mainly classified into two types: FCC grade and technical grade. And technical grade is the most widely used type which takes up about 71.7% of the global total in 2015. Benzaldehyde mainly made from toluene. Benzaldehyde is mainly used for pharmaceuticals, aroma chemicals, coating, etc.
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