Product Code: ETC199900 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Benzyl cyanide is an organic compound with the molecular formula C7H5NO. It is a colorless liquid which has a sweet almond-like odor and tastes bitter. Benzyl Cyanide is primarily used as an intermediate in pharmaceuticals, flavoring agents, dyes & agrochemicals production and also as a solvent for oils, fats and waxes. The demand for benzyl cyanide from these industries is expected to drive the market growth.
The increasing use of benzyl cyanide in aromatherapy products such as essential oils and fragrances has been driving market growth. Its anti-bacterial properties have increased its usage in consumer goods like cosmetics and toiletries over the years.. Additionally, its application in biosensors is gaining traction due to its ability to sense changes in pH levels or other compounds within biological systems quickly. Furthermore, it acts as a source of nutrition for certain organisms living under extreme environmental conditions which has further boosted its demand globally.
The major factor driving the global benzyl cyanide market are growing applications across various industries including pharmaceuticals, agrochemicals, flavorings agents etc., In addition to this rising disposable income along with strong economic development of regional countries will lead to surge of personal care product consumption which will increase the demand for benzyl cyanides further more. Moreover ,increasing awareness about eco friendly solvents among manufacturers will create new opportunities for this chemical.
Due to COVID-19 pandemic there was huge disruption supply chain caused by lockdown imposed on many countries around world. As result prices of raw material related chemicals got affected leading cause price volatility , resulting into shortage supply affecting end user industry like Pharmaceuticals , Aroma Therapy Products etc. Despite all these situation it can be said that benzene cyanoacrylate industry remain unaffected due mainly because major supplies coming China where industrial activities were resumed soon after virus outbreak resulting into smooth flow raw material supply globally hence keeping market trend positive during pandemic tenure.
The main challenge faced by IndonesiaBenzyl Cyanide Market are stringent regulations on hazardous substances imposed by governments due high level toxicity associated with substance if not handle properly. Moreover fluctuating cost associated with raw materials coupled with availability issues might affect production capacity thus restraining market growth over near future.
In terms of key players in the Indonesia benzyl cyanide market, some major companies are PT Pertamina Chemicals (an Indonesia state-owned oil company), PT Petro Kimia Grosir (a chemical trading firm), Merck KGaA (a German pharmaceutical company), Cekindo Bisnis Konsultan Indonesiaprimarily involved in investments) , Cultor Bioscience (specialized in plant biotechnology solutions for pharma and food industries).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Benzyl Cyanide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Benzyl Cyanide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Benzyl Cyanide Market - Industry Life Cycle |
3.4 Indonesia Benzyl Cyanide Market - Porter's Five Forces |
3.5 Indonesia Benzyl Cyanide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Benzyl Cyanide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Benzyl Cyanide Market Trends |
6 Indonesia Benzyl Cyanide Market, By Types |
6.1 Indonesia Benzyl Cyanide Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Benzyl Cyanide Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 Indonesia Benzyl Cyanide Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.1.4 Indonesia Benzyl Cyanide Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.5 Indonesia Benzyl Cyanide Market Revenues & Volume, By Perfumes & Fragrances, 2021-2031F |
6.1.6 Indonesia Benzyl Cyanide Market Revenues & Volume, By Dyes, 2021-2031F |
7 Indonesia Benzyl Cyanide Market Import-Export Trade Statistics |
7.1 Indonesia Benzyl Cyanide Market Export to Major Countries |
7.2 Indonesia Benzyl Cyanide Market Imports from Major Countries |
8 Indonesia Benzyl Cyanide Market Key Performance Indicators |
9 Indonesia Benzyl Cyanide Market - Opportunity Assessment |
9.1 Indonesia Benzyl Cyanide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Benzyl Cyanide Market - Competitive Landscape |
10.1 Indonesia Benzyl Cyanide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Benzyl Cyanide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |