Saturday, 9 December 2017

Benzyl Alcohol Market 2017-2021

 

MRC the Publication of its Research Report – Global Benzyl Alcohol Market 2017-2021
MRC recognizes the following companies as the key players in the global benzyl alcohol market: Emerald Performance Materials, Gujarat Alkalies and Chemicals, INEOS , LANXESS, and Merck
Other Prominent Vendors in the market are: Capri Enterprise, Charkit Chemical, Elan-Chemical, Expo Essential Oils, First Source Worldwide, Haihang Industry, Haviland USA, Hydrite Chemical, Innova Chemicals, Krishna Chemicals, PHARMCO-AAPER, Premier Group, Shimmer Chemicals, SOVIKA GROUP OF COMPANIES,SudhaChemicals,TCIChemicals,The Chemical Company,TriveniInterchem, and Vigon International
Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Increasing use of benzyl alcohol in personal care products
Benzyl alcohol is used as a preservative in personal care products and cosmetics such as body lotions, sunscreens, shampoos, soaps, and hair care solutions. It is derived from organic sources and is thus in high demand. The rising demand for perfumed lotions and other fragrant products has increased the customer base of benzyl alcohol.”
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According to the report, one of the major drivers for this market is Role of benzyl alcohol as a preservative and flavoring agent. Benzyl alcohol is used as a flavoring agent in food and beverages. It increases the shelf life of food products and is thus popularly used in the F&B industry. The emergence of new business models is expected to transform the entire food retail scenario, which will increase the demand for processed food and beverages. Busy lifestyles and change in food habits fuel the demand for ready-to-eat meals.

Further, the report states that one of the major factors hindering the growth of this market is Harmful effects of benzyl alcohol. Benzyl alcohol is used in numerous industrial applications and the global benzyl market is growing at a moderate rate. However, side effects caused by the toxic content in the chemical limits its widespread use. Preservatives used in food and beverages should inhibit the growth of microbial organisms without any adverse effect on human health. Benzyl alcohol used in food and beverages is known to have a mild effect on human cells. It causes mild irritation to skin, mucous membrane, and eyes.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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