| Product Code: ETC4705575 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Finland`s benzoic acid import market saw a significant shift with top exporters being Estonia, China, Netherlands, Belgium, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from moderate to high concentration, indicating a more dominant presence of these key exporting countries. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable uptick in growth from 2023 to 2024 at 5.17%. This suggests a potential resurgence in demand for benzoic acid imports in Finland, driven by these key exporting nations.
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 Finland Benzoic Acid Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Benzoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Benzoic Acid Market - Industry Life Cycle |
3.4 Finland Benzoic Acid Market - Porter's Five Forces |
3.5 Finland Benzoic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.6 Finland Benzoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Finland Benzoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for benzoic acid in food preservatives and pharmaceuticals industries |
4.2.2 Growing awareness about the benefits of benzoic acid as a preservative |
4.2.3 Technological advancements leading to improved production processes for benzoic acid |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards regarding the use of benzoic acid in food and pharmaceutical products |
4.3.2 Fluctuating prices of raw materials used in benzoic acid production |
4.3.3 Competition from alternative preservatives impacting the demand for benzoic acid |
5 Finland Benzoic Acid Market Trends |
6 Finland Benzoic Acid Market Segmentations |
6.1 Finland Benzoic Acid Market, By End-use Industry |
6.1.1 Overview and Analysis |
6.1.2 Finland Benzoic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Finland Benzoic Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Finland Benzoic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Finland Benzoic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Benzoic Acid Market Revenues & Volume, By Benzoates, 2021-2031F |
6.2.3 Finland Benzoic Acid Market Revenues & Volume, By Benzoate plasticizers, 2021-2031F |
6.2.4 Finland Benzoic Acid Market Revenues & Volume, By Benzoyl Chloride, 2021-2031F |
6.2.5 Finland Benzoic Acid Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.2.6 Finland Benzoic Acid Market Revenues & Volume, By Animal Feed Additive, 2021-2031F |
7 Finland Benzoic Acid Market Import-Export Trade Statistics |
7.1 Finland Benzoic Acid Market Export to Major Countries |
7.2 Finland Benzoic Acid Market Imports from Major Countries |
8 Finland Benzoic Acid Market Key Performance Indicators |
8.1 Adoption rate of benzoic acid in new product formulations |
8.2 Efficiency of production processes leading to cost savings |
8.3 Compliance rate with regulatory standards for benzoic acid use |
9 Finland Benzoic Acid Market - Opportunity Assessment |
9.1 Finland Benzoic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.2 Finland Benzoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Finland Benzoic Acid Market - Competitive Landscape |
10.1 Finland Benzoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Finland Benzoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |