Product Code: ETC096928 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom (UK) Benzyl Alcohol market currently, in 2023, has witnessed an HHI of 2666, Which has decreased slightly as compared to the HHI of 2787 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 Kingdom benzyl alcohol market is experiencing steady growth due to its wide range of applications across various industries such as pharmaceuticals, personal care, food and beverages, and paints and coatings. Benzyl alcohol is commonly used as a solvent, preservative, and fragrance ingredient, driving its demand in the UK market. The pharmaceutical sector, in particular, is a key driver for benzyl alcohol consumption in the UK due to its use in medication formulations. Additionally, the growing trend towards natural and organic personal care products is also contributing to the increasing demand for benzyl alcohol as a safe and effective ingredient. With stringent regulations and increasing consumer awareness regarding product safety and quality, the UK benzyl alcohol market is expected to continue its growth trajectory in the coming years.
The UK Benzyl alcohol market is experiencing steady growth driven by its wide range of applications in industries such as pharmaceuticals, personal care, and food and beverage. The increasing demand for Benzyl alcohol as a solvent, preservative, and flavoring agent in various products is a key factor contributing to its market growth. Moreover, the rising awareness among consumers regarding the benefits of Benzyl alcohol in personal care products, such as perfumes and lotions, is also fueling market expansion. The market is witnessing a trend towards the development of eco-friendly and sustainable Benzyl alcohol derivatives to cater to the growing demand for green products. Overall, the UK Benzyl alcohol market is expected to continue its upward trajectory in the coming years, driven by technological advancements and evolving consumer preferences.
In the United Kingdom (UK) Benzyl alcohol market, some challenges that are faced include increasing regulatory scrutiny and compliance requirements. Regulatory bodies in the UK have been imposing stricter regulations on the use of chemicals in various industries, including the pharmaceutical and personal care sectors where benzyl alcohol is commonly used as a preservative or solvent. This has resulted in companies needing to invest in additional resources and processes to ensure compliance with the changing regulations, leading to higher operational costs. Additionally, fluctuations in raw material prices and the competitive landscape in the market pose challenges for companies operating in the UK Benzyl alcohol market, impacting their pricing strategies and profit margins. Overall, navigating through these challenges requires companies to stay informed about regulatory changes, adapt quickly to market dynamics, and innovate to stay competitive in the industry.
The United Kingdom`s Benzyl alcohol market presents various investment opportunities due to its wide range of applications across industries such as pharmaceuticals, personal care, food and beverages, and others. With the growing demand for benzyl alcohol as a versatile solvent, fragrance ingredient, and preservative, there is a potential for steady market growth. Investing in the UK Benzyl alcohol market could involve opportunities in manufacturing and supply chain management to meet the increasing demand. Additionally, research and development initiatives for innovative applications of benzyl alcohol can also create investment prospects. Keeping an eye on regulatory developments and consumer trends can help investors capitalize on the evolving market dynamics in the UK Benzyl alcohol sector.
The United Kingdom (UK) has regulations in place for Benzyl alcohol under the EU REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) legislation. Benzyl alcohol is classified as a chemical substance to be registered with the European Chemicals Agency (ECHA) if produced or imported in quantities exceeding 1 ton per year. The UK also follows the Classification, Labelling, and Packaging (CLP) regulations for Benzyl alcohol, which specify the classification criteria for hazardous properties and labeling requirements. Compliance with these regulations is essential for companies operating in the UK Benzyl alcohol market to ensure safe handling, usage, and trade of the chemical substance within the country and the broader European Union.
The United Kingdom (UK) Benzyl alcohol market is expected to witness steady growth in the coming years. Factors such as increasing demand from various end-use industries including pharmaceuticals, personal care, and food & beverages, along with the rising trend of clean label and natural ingredients in consumer products, are driving the market growth. Additionally, the growing awareness regarding the benefits of benzyl alcohol as a versatile solvent and preservative is further contributing to market expansion. However, challenges such as stringent regulations related to the use of benzyl alcohol in certain applications and the availability of substitutes may hinder the market growth to some extent. Overall, with the increasing focus on sustainability and innovation in product formulations, the UK Benzyl alcohol market is poised for promising growth opportunities in the foreseeable future.
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 Kingdom (UK) Benzyl alcohol Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Benzyl alcohol Market - Industry Life Cycle |
3.4 United Kingdom (UK) Benzyl alcohol Market - Porter's Five Forces |
3.5 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 United Kingdom (UK) Benzyl alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for personal care and cosmetics products in the UK |
4.2.2 Increasing use of benzyl alcohol as a solvent in pharmaceuticals and healthcare applications |
4.2.3 Expansion of the fragrance and flavor industry in the UK |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in benzyl alcohol production |
4.3.2 Stringent regulations and guidelines for the use of benzyl alcohol in certain applications |
4.3.3 Competition from alternative preservatives and solvents in various industries |
5 United Kingdom (UK) Benzyl alcohol Market Trends |
6 United Kingdom (UK) Benzyl alcohol Market, By Types |
6.1 United Kingdom (UK) Benzyl alcohol Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Purity, 2018 - 2027F |
6.1.3 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Greater than 99%, 2018 - 2027F |
6.1.4 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Between 99-99.5%, 2018 - 2027F |
6.1.5 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Less than 99%, 2018 - 2027F |
6.2 United Kingdom (UK) Benzyl alcohol Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Industrial Grade, 2018 - 2027F |
6.2.3 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Food Grade, 2018 - 2027F |
6.2.4 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Pharmaceutical Grade, 2018 - 2027F |
6.2.5 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United Kingdom (UK) Benzyl alcohol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Dielectric Solvent, 2018 - 2027F |
6.3.3 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Bacteriostatic Preservative, 2018 - 2027F |
6.3.4 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Cleaning Agent, 2018 - 2027F |
6.3.5 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Epoxy Resins, 2018 - 2027F |
6.3.6 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Synthetic Solvent, 2018 - 2027F |
6.3.7 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 United Kingdom (UK) Benzyl alcohol Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Food & Beverages, 2018 - 2027F |
6.4.3 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Paints & Coating, 2018 - 2027F |
6.4.4 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.4.5 United Kingdom (UK) Benzyl alcohol Market Revenues & Volume, By Others, 2018 - 2027F |
7 United Kingdom (UK) Benzyl alcohol Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Benzyl alcohol Market Export to Major Countries |
7.2 United Kingdom (UK) Benzyl alcohol Market Imports from Major Countries |
8 United Kingdom (UK) Benzyl alcohol Market Key Performance Indicators |
8.1 Average selling price of benzyl alcohol in the UK market |
8.2 Percentage of benzyl alcohol used in personal care and cosmetics products |
8.3 Number of new product launches containing benzyl alcohol in the UK market |
9 United Kingdom (UK) Benzyl alcohol Market - Opportunity Assessment |
9.1 United Kingdom (UK) Benzyl alcohol Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 United Kingdom (UK) Benzyl alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 United Kingdom (UK) Benzyl alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Kingdom (UK) Benzyl alcohol Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 United Kingdom (UK) Benzyl alcohol Market - Competitive Landscape |
10.1 United Kingdom (UK) Benzyl alcohol Market Revenue Share, By Companies, 2021 |
10.2 United Kingdom (UK) Benzyl alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |