Asia Pacific Benzyl Chloride Market Forecast to 2031 - Regional Analysis

List of Tables

The Asia Pacific benzyl chloride market was valued at US$ 291.71 million in 2023 and is expected to reach US$ 434.71 million by 2031; it is estimated to record a CAGR of 5.1% from 2023 to 2031 .

Strategic Initiatives by Key Market Players Boost Asia Pacific Benzyl Chloride Market

Benzyl chloride manufacturers are expanding their production capacities to meet the rising demand from various end-use industries. The emphasis on cleanliness and hygiene has increased enormously after the COVID-19 outbreak which creates massive opportunities for the application of benzyl chloride in cleaning and sanitation products. The manufacturers of benzyl alcohol are also expanding their production capabilities, which, in turn, increases the demand for benzyl chloride as it is the precursor to manufacture benzyl alcohol. By doubling the production capacity, the company expects to provide faster international deliveries and strengthen its supply chain to cope with the rising geopolitical uncertainties. Thus, strategic initiatives by key market players are anticipated to provide strong growth opportunities to the benzyl chloride market in the near future.

Asia Pacific Benzyl Chloride Market Overview

The requirement for benzyl chloride has been steadily increasing in Asia Pacific due to the rising demand for pharmaceuticals, agrochemicals, and personal care products. Asia Pacific is experiencing rapid industrialization, leading to an increased need for benzyl chloride in the production of dyes, pharmaceuticals, polymers, and other industrial chemicals. As a versatile chemical intermediate, benzyl chloride finds application in the synthesis of numerous compounds, further boosting its demand across diverse sectors. According to the Invest India report, the Indian pharmaceutical industry ranks third across the world in pharmaceutical production by volume and was valued at US$ 50 billion in 2023. The region also marks the presence of major agrochemical producers such as India, China, and Japan.

According to the World Trade Statistical Review 2022, China and India were reported to be the world's two largest textile exporters in 2021. According to the China National Textile and Apparel Council, China exported textiles worth US$ 323.3 billion in 2022. As per the World Trade Organization data, Vietnam exported textiles worth US$ 18.24 billion to the US in 2022, a rise compared to US$ 14.37 billion in 2021. Benzyl chloride is used as a raw material or an intermediate in the production of certain dyes and pigments utilized in textile printing. Advancements in technology and manufacturing processes are facilitating the production of benzyl chloride at a large scale and efficiently, contributing to its growing availability and affordability in Asia Pacific. Government initiatives and policies aimed at promoting domestic manufacturing and industrial growth also play a significant role in driving the demand for benzyl chloride in the region.

Asia Pacific Benzyl Chloride Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Benzyl Chloride Market Segmentation

The Asia Pacific benzyl chloride market is categorized into derivative, end use industry, and country.

Based on derivative, the Asia Pacific benzyl chloride market is segmented into benzyl quaternary ammonium compounds, benzyl alcohol, benzyl cyanide, benzyl esters, benzyl phthalates, and others. The benzyl alcohol segment held the largest market share in 2023.

In terms of end use industry, the Asia Pacific benzyl chloride market is segmented into polymers, personal care and cosmetics, household products, pharmaceuticals, textiles, agrochemicals, paints and coatings, water treatment, oil and gas, and others. The paints and coatings segment held the largest market share in 2023.

By country, the Asia Pacific benzyl chloride market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific benzyl chloride market share in 2023.

FUJIFILM Wako Pure Chemical Corp, Jiangsu Wanlong Chemical Co Ltd, KADILLAC Chemicals Pvt Ltd, Lanxess AG, Shimmer Chemicals Pvt Ltd, Zhengzhou Meiya Chemical Products Co Ltd, Valtris Specialty Chemicals Inc, Tokyo Chemical Industry Co Ltd, and Sinochem Holdings Corp Ltd are some of the leading companies operating in the Asia Pacific benzyl chloride market.

Product Code: BMIRE00031057

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.1 Market Attractiveness
- 2.1.1 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Benzyl Chloride Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Bargaining Power of Suppliers
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Benzyl Chloride Manufacturers :
- 4.3.3 Benzyl Chloride Derivative Manufacturers:
- 4.3.4 Distributors/Suppliers:
- 4.3.5 End-Use Industry:
- 4.3.6 List of Vendors in the Value Chain

5. Market Dynamics: Asia Pacific Benzyl Chloride Market

5.1 Asia Pacific Benzyl Chloride Market - Market Dynamics
5.2 Market Drivers
- 5.2.1 Robust Growth of Paints & Coatings Industry
- 5.2.2 Rise in Demand for Benzyl Chloride in Manufacturing Benzyl Alcohol
5.3 Market Restraints
- 5.3.1 Fluctuating Raw Material Prices
5.4 Market Opportunities
- 5.4.1 Strategic Initiatives by Key Market Players
5.5 Future Trends
- 5.5.1 Rising Demand from Personal Care Industry
5.6 Impact Analysis

6. Benzyl Chloride Market - Asia Pacific Analysis

6.1 Benzyl Chloride Market Volume (Kilo Tons), 2021-2031
6.2 Benzyl Chloride Market Volume Forecast and Analysis (Kilo Tons)
6.3 Benzyl Chloride Market Revenue (US$ Million), 2021-2031
6.4 Benzyl Chloride Market Value Forecast and Analysis (US$ Million)

7. Asia Pacific Benzyl Chloride Market Volume and Revenue Analysis - by Derivative

7.1 Benzyl Quaternary Ammonium Compounds
- 7.1.1 Overview
- 7.1.2 Benzyl Quaternary Ammonium Compounds: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.1.3 Benzyl Quaternary Ammonium Compounds: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
7.2 Benzyl Alcohol
- 7.2.1 Overview
- 7.2.2 Benzyl Alcohol: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.2.3 Benzyl Alcohol: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
7.3 Benzyl Cyanide
- 7.3.1 Overview
- 7.3.2 Benzyl Cyanide: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.3.3 Benzyl Cyanide: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
7.4 Benzyl Esters
- 7.4.1 Overview
- 7.4.2 Benzyl Esters: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.4.3 Benzyl Esters: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
7.5 Benzyl Phthalates
- 7.5.1 Overview
- 7.5.2 Benzyl Phthalates: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.5.3 Benzyl Phthalates: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Benzyl Chloride Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.6.3 Others: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)

8. Asia Pacific Benzyl Chloride Market Revenue Analysis - by End-Use Industry

8.1 Polymers
- 8.1.1 Overview
- 8.1.2 Polymers: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.2 Personal Care and Cosmetics
- 8.2.1 Overview
- 8.2.2 Personal Care and Cosmetics: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.3 Household Products
- 8.3.1 Overview
- 8.3.2 Household Products: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.4 Pharmaceuticals
- 8.4.1 Overview
- 8.4.2 Pharmaceuticals: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.5 Textiles
- 8.5.1 Overview
- 8.5.2 Textiles: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.6 Agrochemicals
- 8.6.1 Overview
- 8.6.2 Agrochemicals: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.7 Paints and Coatings
- 8.7.1 Overview
- 8.7.2 Paints and Coatings: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.8 Water Treatment
- 8.8.1 Overview
- 8.8.2 Water Treatment: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.9 Oil and Gas
- 8.9.1 Overview
- 8.9.2 Oil and Gas: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)
8.10 Others
- 8.10.1 Overview
- 8.10.2 Others: Benzyl Chloride Market -Revenue and Forecast to 2031 (US$ Million)

9. Asia Pacific Benzyl Chloride Market - Country Analysis

9.1 Asia Pacific
- 9.1.1 Asia Pacific Benzyl Chloride Market Revenue and Forecast and Analysis - by Country
  - 9.1.1.1 Asia Pacific Benzyl Chloride Market Volume and Forecast and Analysis - by Country
  - 9.1.1.2 Asia Pacific Benzyl Chloride Market Revenue and Forecast and Analysis -by Country
  - 9.1.1.3 Australia Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.3.1 Australia Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.3.2 Australia Benzyl Chloride Market Breakdown by End-Use Industry
  - 9.1.1.4 China Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.4.1 China Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.4.2 China Benzyl Chloride Market Breakdown by End-Use Industry
  - 9.1.1.5 India Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.5.1 India Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.5.2 India Benzyl Chloride Market Breakdown by End-Use Industry
  - 9.1.1.6 Japan Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.6.1 Japan Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.6.2 Japan Benzyl Chloride Market Breakdown by End-Use Industry
  - 9.1.1.7 South Korea Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.7.1 South Korea Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.7.2 South Korea Benzyl Chloride Market Breakdown by End-Use Industry
  - 9.1.1.8 Rest of Asia Pacific Benzyl Chloride Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.8.1 Rest of Asia Pacific Benzyl Chloride Market Breakdown by Derivative
    - 9.1.1.8.2 Rest of Asia Pacific Benzyl Chloride Market Breakdown by End-Use Industry

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
10.3 Production Sites and Production Capacity of Key Players Operating in Benzyl Chloride Market

11. Industry Landscape

11.1 Overview
11.2 Mergers and Acquisitions
11.3 Agreements, Collaborations, and Joint Ventures
11.4 Expansions and Other Strategic Developments

12. Company Profiles

12.1 FUJIFILM Wako Pure Chemical Corp
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Jiangsu Wanlong Chemical Co Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 KADILLAC Chemicals Pvt Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Lanxess AG
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Shimmer Chemicals Pvt Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Zhengzhou Meiya Chemical Products Co Ltd
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Valtris Specialty Chemicals Inc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Tokyo Chemical Industry Co Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Sinochem Holdings Corp Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners