Product Code: ETC096959 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Benzyl Alcohol market currently, in 2023, has witnessed an HHI of 5107, Which has increased slightly as compared to the HHI of 4168 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) Benzyl Alcohol market has been experiencing steady growth due to its widespread applications in various industries, including pharmaceuticals, personal care, and chemicals. Benzyl Alcohol is a versatile compound used as a solvent, preservative, and flavoring agent, among other purposes. The UAE growing pharmaceutical and personal care industries, the increasing demand for specialty chemicals, and the rising awareness of the compound`s antimicrobial properties have been the primary drivers of the Benzyl Alcohol market in the region. Moreover, the presence of key end-user industries and the UAE strategic location for trade further support the demand for Benzyl Alcohol in the country.
Several factors have contributed to the growth of the Benzyl Alcohol market in the UAE. Firstly, the pharmaceutical industry in the UAE has witnessed significant expansion, with Benzyl Alcohol finding applications in drug formulations, topical medications, and injectables as a solubilizing agent and preservative. The demand for Benzyl Alcohol is driven by the increasing healthcare needs and the development of new pharmaceutical products in the country. Secondly, the personal care and cosmetic industry in the UAE extensively uses Benzyl Alcohol as a fragrance enhancer, stabilizer, and preservative in various products, including lotions, creams, and perfumes. The popularity of personal care products and the preference for natural and safe ingredients further boost the demand for Benzyl Alcohol. Additionally, the chemical industry utilizes Benzyl Alcohol in the synthesis of various specialty chemicals, such as benzyl acetate and benzyl benzoate, driving its application as a key raw material in chemical processes.
Despite its growth, the UAE Benzyl Alcohol market faces certain challenges. One significant challenge is the price volatility of raw materials used in the production of Benzyl Alcohol. Fluctuations in raw material prices can impact the cost of production, affecting the pricing of Benzyl Alcohol in the market. Moreover, environmental regulations related to the handling and disposal of chemicals, including Benzyl Alcohol, pose challenges for manufacturers and distributors in the UAE.
The Covid-19 pandemic had varying impacts on the UAE Benzyl Alcohol market. During the initial phases of the pandemic, there may have been disruptions in the supply chain and manufacturing operations due to movement restrictions and safety measures. However, the demand for pharmaceuticals, personal care products, and specialty chemicals, all of which use Benzyl Alcohol, likely remained relatively stable. As economic activities resumed and industries recovered, the demand for Benzyl Alcohol is expected to have rebounded.
Several key players operate in the UAE Benzyl Alcohol market, providing high-quality Benzyl Alcohol to cater to the diverse needs of industries. These players include chemical manufacturers, distributors, and suppliers. Some notable key players in the UAE Benzyl Alcohol market are Emerald Performance Materials, LLC, Merck KGaA, and LANXESS AG. These companies play a significant role in supplying Benzyl Alcohol to various industries and supporting the UAE economic growth through their chemical offerings.
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 United Arab Emirates (UAE) Benzyl alcohol Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Benzyl alcohol Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Benzyl alcohol Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 United Arab Emirates (UAE) Benzyl alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Benzyl alcohol Market Trends |
6 United Arab Emirates (UAE) Benzyl alcohol Market, By Types |
6.1 United Arab Emirates (UAE) Benzyl alcohol Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Purity, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Greater than 99%, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Between 99-99.5%, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Less than 99%, 2021-2031F |
6.2 United Arab Emirates (UAE) Benzyl alcohol Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Food Grade, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.3 United Arab Emirates (UAE) Benzyl alcohol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Dielectric Solvent, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Bacteriostatic Preservative, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Cleaning Agent, 2021-2031F |
6.3.5 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.3.6 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Synthetic Solvent, 2021-2031F |
6.3.7 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
6.4 United Arab Emirates (UAE) Benzyl alcohol Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Paints & Coating, 2021-2031F |
6.4.4 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 United Arab Emirates (UAE) Benzyl alcohol Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Benzyl alcohol Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Benzyl alcohol Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Benzyl alcohol Market Imports from Major Countries |
8 United Arab Emirates (UAE) Benzyl alcohol Market Key Performance Indicators |
9 United Arab Emirates (UAE) Benzyl alcohol Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Benzyl alcohol Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Benzyl alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Benzyl alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Benzyl alcohol Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 United Arab Emirates (UAE) Benzyl alcohol Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Benzyl alcohol Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Benzyl alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |