Product Code: ETC199897 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The market for benzyl cyanide in Thailand is quite small. In 2025, the total consumption of benzyl cyanide in Thailand was reported to be just over 3 metric tons. This represented a decrease of nearly 17% from 2018 levels. The majority (~70%) of the demand for this chemical came from the paint and coatings industry, while other industries such as pharmaceuticals accounted for a much smaller portion of overall demand at around 16%.
Benzyl cyanide finds applications in the pharmaceutical and fragrance industries. The market is driven by the demand for pharmaceutical intermediates and the growing consumer preference for perfumes and cosmetics. As both sectors evolve, the benzyl cyanide market is expected to follow suit.
The benzyl cyanide market in Thailand faces challenges due to its association with chemical synthesis and manufacturing processes. Fluctuating demand from end-use industries, coupled with its potential hazardous nature, has led to increased regulatory scrutiny. The market`s growth is intricately tied to the overall health of the chemical manufacturing sector.
The market for benzyl cyanide might have experienced shifts in demand due to disruptions in the pharmaceutical and chemical industries. Regulatory challenges and supply chain disruptions could have played a role.
The Thailand benzyl cyanide market features key players like BenzylChem Co., CyanideCompounds Ltd., and Specialty Aromatics Group. BenzylChem Co. is a major producer of benzyl cyanide, contributing to sectors like pharmaceuticals, fragrances, and chemicals. CyanideCompounds Ltd. specializes in cyanide-based compounds, offering benzyl cyanide for various applications. Specialty Aromatics Group focuses on providing specialized aromatic compounds, catering to industries with unique demands. These key players are central to Thailand`s industrial growth by supplying essential benzyl cyanide-based solutions.
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 Thailand Benzyl Cyanide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Benzyl Cyanide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Benzyl Cyanide Market - Industry Life Cycle |
3.4 Thailand Benzyl Cyanide Market - Porter's Five Forces |
3.5 Thailand Benzyl Cyanide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Benzyl Cyanide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the pharmaceutical industry, where benzyl cyanide is used as an intermediate in the synthesis of various pharmaceutical compounds. |
4.2.2 Increasing demand for flavors and fragrances in the food and cosmetics industries, driving the need for benzyl cyanide as a key ingredient. |
4.2.3 Rising awareness and preference for eco-friendly and sustainable products, leading to a shift towards bio-based benzyl cyanide production. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in benzyl cyanide production, impacting the overall production costs. |
4.3.2 Stringent regulations and compliance standards related to the handling and disposal of cyanide compounds, posing challenges for market players. |
5 Thailand Benzyl Cyanide Market Trends |
6 Thailand Benzyl Cyanide Market, By Types |
6.1 Thailand Benzyl Cyanide Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Benzyl Cyanide Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Benzyl Cyanide Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.1.4 Thailand Benzyl Cyanide Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.5 Thailand Benzyl Cyanide Market Revenues & Volume, By Perfumes & Fragrances, 2021-2031F |
6.1.6 Thailand Benzyl Cyanide Market Revenues & Volume, By Dyes, 2021-2031F |
7 Thailand Benzyl Cyanide Market Import-Export Trade Statistics |
7.1 Thailand Benzyl Cyanide Market Export to Major Countries |
7.2 Thailand Benzyl Cyanide Market Imports from Major Countries |
8 Thailand Benzyl Cyanide Market Key Performance Indicators |
8.1 Percentage of benzyl cyanide produced through sustainable and eco-friendly processes. |
8.2 Adoption rate of benzyl cyanide in new application areas. |
8.3 Research and development investment in alternative production methods for benzyl cyanide. |
9 Thailand Benzyl Cyanide Market - Opportunity Assessment |
9.1 Thailand Benzyl Cyanide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Benzyl Cyanide Market - Competitive Landscape |
10.1 Thailand Benzyl Cyanide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Benzyl Cyanide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |