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Alkyl Benzoate: Introduction

  • Alkyl benzoate is used as an emollient. It has the quality of softening or soothing the skin. It is also used as a texture-enhancing and dispersing agent in cosmetics. Alkyl benzoate is an ester that is soluble in oil and oil-like ingredients. It imparts a lightly conditioning, silky, non-oily finish to products.
  • Alkyl benzoate possesses excellent solubility; hence, it is used in many sunscreens, as it helps keep the active ingredients evenly dispersed throughout the formula. Research also indicates it has the ability to boost the SPF of certain sunscreen actives.
  • Another advantage of C12-15 alkyl benzoate is its occlusive properties, which help skin retain moisture over a longer period compared to some other emollients that deliver short-lived results
  • In 2012, the Cosmetic Ingredient Review Expert Panel deemed C12-15 alkyl benzoate as safe in the reported use/max concentration at that time (up to 59% in leave-on products)

Alkyl Benzoate Market: Segments

  • The alkyl benzoate market can be segmented based on type, application, and region
  • Based on type, the alkyl benzoate market can be divided into 99% purity, 99.9% purity, and others
  • In terms of application, the global alkyl benzoate market can be segregated into cosmetics, personal care, and others

COVID-19 Impact on Alkyl Benzoate Market

  • Emergence of the new COVID strain in many developed and developing countries has adversely affected the health care infrastructure. Hospital staff, medicines, oxygen beds, and ventilators were in short supply. Supply chains are facing disruptions, leading to disturbances in production activities in many countries. This has hampered the global alkyl benzoate market.
  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.

Asia Pacific to Dominate Alkyl Benzoate Market

  • In terms of geography, the global alkyl benzoate market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa
  • China, India, Japan, and Singapore are leading the alkyl benzoate market in Asia Pacific due to the increase in demand for cosmetic products in these countries
  • North America is the emerging region of the alkyl benzoate market. Increase in population, changing lifestyle, and improvement in disposable income are factors driving the alkyl benzoate market in the region.
  • The alkyl benzoate market in Europe, particularly in countries such as the U.K., Germany, and France, has been expanding significantly due to rapid industrialization. Norway and the Netherlands are also expected to contribute significantly to the alkyl benzoate market in Europe.
  • Demand for alkyl benzoate is expected to increase in Latin America and Middle East & Africa in the near future, led by the rise in standard of living in these regions

Key Manufacturers Operating in Global Alkyl Benzoate Market

  • Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global alkyl benzoate market include:
    • Stearinerie Dubois
    • Natura-Tec
    • Evonik
    • A&A Fratelli Parodi
    • Ecogreen Oleochemicals
    • Vantage Specialty Ingredients
    • Alzo International
    • BASF
    • ErcaWilmar
    • Innospec
    • Industrial Quimica Lasem S.A.U
    • Croda

Global Alkyl Benzoate Market: Research Scope

Global Alkyl Benzoate Market, by Type

  • 99% Purity
  • 99.9% Purity
  • Others

Global Alkyl Benzoate Market, by Application

  • Cosmetics
  • Personal Care
  • Others

Global Alkyl Benzoate Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Alkyl Benzoate Market

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