| Product Code: ETC096943 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s benzyl alcohol import market in 2024 continued to see significant concentration, with top exporting countries being China, Malaysia, USA, Germany, and Spain. The Herfindahl-Hirschman Index (HHI) remained at very high levels, indicating a competitive landscape dominated by a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 20.55%, reflecting robust demand for benzyl alcohol in the Indian market. Despite a marginal growth rate of 0.29% from 2023 to 2024, the overall outlook for benzyl alcohol imports into India remains positive.

Benzyl alcohol is used widely in the pharmaceutical industry as a solvent and preservative. It is also used in fragrances, flavors and dyes. The demand for benzyl alcohol is predicted to grow due to increased awareness of its applications in various industries, such as aromatherapy oils, perfumes, flavorings and food products.
The major drivers behind the growth of the benzyl alcohol market include increasing use in healthcare sector as a preservative agent and rising demand from end-use industries such as cosmetics & personal care products, pharmaceuticals & nutraceuticals etc., increasing usage for manufacturing aroma chemicals, growing need for effective solvents coupled with diverse application areas especially within industrial processes.Additionally government initiatives towards encouraging innovation by providing grants and subsidies are likely to drive further expansion of this market over forecasted period.
High cost associated with production process may restrain growth potential of this market owing to limited availability of raw materials along with stringent regulations imposed by governing bodies. Moreover fluctuations in price caused due to volatile supply chain dynamics may challenge the stability offered by this market over short term perspective thereby affecting profitability levels among producers operating within India Benzaldehyde Market space.
Some key players involved in India Benzyl Alcohol market includes Clariant AG (Switzerland), BASF SE (Germany), AkzoNobel N.V.(Netherlands) , Lonza Group Ltd(UK) , Celanese Corporation (US ), Eastman Chemical Company( US )and Lanxess AG ( Germany ).
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 India Benzyl alcohol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Benzyl alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 India Benzyl alcohol Market - Industry Life Cycle |
3.4 India Benzyl alcohol Market - Porter's Five Forces |
3.5 India Benzyl alcohol Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 India Benzyl alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India Benzyl alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Benzyl alcohol Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Benzyl alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for benzyl alcohol in various industries such as pharmaceuticals, food beverage, and personal care due to its versatile applications. |
4.2.2 Growth in the Indian manufacturing sector, particularly in the pharmaceutical and cosmetics industries, which are major consumers of benzyl alcohol. |
4.2.3 Rising disposable income and changing lifestyles leading to higher consumption of personal care and cosmetic products containing benzyl alcohol. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as toluene and benzyl chloride, which can impact the production cost of benzyl alcohol. |
4.3.2 Stringent regulations and compliance standards regarding the use of benzyl alcohol in certain industries may limit its market growth. |
5 India Benzyl alcohol Market Trends |
6 India Benzyl alcohol Market, By Types |
6.1 India Benzyl alcohol Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 India Benzyl alcohol Market Revenues & Volume, By Purity, 2021-2031F |
6.1.3 India Benzyl alcohol Market Revenues & Volume, By Greater than 99%, 2021-2031F |
6.1.4 India Benzyl alcohol Market Revenues & Volume, By Between 99-99.5%, 2021-2031F |
6.1.5 India Benzyl alcohol Market Revenues & Volume, By Less than 99%, 2021-2031F |
6.2 India Benzyl alcohol Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India Benzyl alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2.3 India Benzyl alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.2.4 India Benzyl alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2.5 India Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Benzyl alcohol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Benzyl alcohol Market Revenues & Volume, By Dielectric Solvent, 2021-2031F |
6.3.3 India Benzyl alcohol Market Revenues & Volume, By Bacteriostatic Preservative, 2021-2031F |
6.3.4 India Benzyl alcohol Market Revenues & Volume, By Cleaning Agent, 2021-2031F |
6.3.5 India Benzyl alcohol Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.3.6 India Benzyl alcohol Market Revenues & Volume, By Synthetic Solvent, 2021-2031F |
6.3.7 India Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Benzyl alcohol Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 India Benzyl alcohol Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 India Benzyl alcohol Market Revenues & Volume, By Paints & Coating, 2021-2031F |
6.4.4 India Benzyl alcohol Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 India Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
7 India Benzyl alcohol Market Import-Export Trade Statistics |
7.1 India Benzyl alcohol Market Export to Major Countries |
7.2 India Benzyl alcohol Market Imports from Major Countries |
8 India Benzyl alcohol Market Key Performance Indicators |
8.1 Number of new product launches containing benzyl alcohol in the Indian market. |
8.2 Growth rate of key end-user industries such as pharmaceuticals and personal care, indicating potential demand for benzyl alcohol. |
8.3 Percentage of manufacturers in India investing in research and development for innovative applications of benzyl alcohol. |
8.4 Environmental sustainability initiatives adopted by companies in the benzyl alcohol market in India. |
9 India Benzyl alcohol Market - Opportunity Assessment |
9.1 India Benzyl alcohol Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 India Benzyl alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India Benzyl alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Benzyl alcohol Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Benzyl alcohol Market - Competitive Landscape |
10.1 India Benzyl alcohol Market Revenue Share, By Companies, 2024 |
10.2 India Benzyl alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |