Benzenoid Market By Product Type, Application, and Region Forecast 2020-2031

Benzenoid Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Benzyl Acetate, Benzoate, Chloride, Salicylate, Benzaldehyde, Cinnamyl, and Vanillin), Application (Soaps & Detergents, Personal Care, Food & Beverage, Household Care, and Others), and Region Forecast 2020-2031

Benzenoid Market size was valued at US$ 832.4 million in 2024 and is expected to reach US$ 1,243.3 million by 2031, growing at a significant CAGR of 5.9% from 2025-2031. Benzenoids are a class of chemical compounds with at least one benzene ring. These compounds have increased stability due to resonance in the benzene rings. Most aromatic hydrocarbons are benzenoid. The increasing applications across the aroma chemicals, flavor, and fragrance industry is driving the global market growth.

For instance, benzenoid also known as an aromatic hydrocarbon, has various applications in cosmetics, pharmaceuticals, soaps, and other beauty products. Also, benzenoid is widely used in consumer goods such as detergents, perfumes, hair oils, confectionaries, beverages, and others.  Hence, the various applications of benzenoids in different industries will maintain the global market trend. Moreover, the shifting flavours & fragrance trends and preferences will fuel the global market growth. Also, the growing retail sector in emerging countries and the availability of products such as cosmetics, detergents, soaps, fragrances, and other products will boost the global market growth.

However, the increasing health risk associated with chemical compounds may hamper the overall market during the forecast period. The compounds are very toxic in nature and some are carcinogenic. Hence, the increasing awareness about chemical products and the trend of using organic natural products will restrain the global market growth. Based on the product type, the market can be divided into benzyl acetate, benzoate, chloride, salicylate, benzaldehyde, cinnamyl, vanillin, and others. Geographically, Asia Specific held the major market share in the global market and is expected to dominate the global market in the forecasted years.  

Benzenoid Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

5.9%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Benzenoid Market Dynamics

The increasing demand for benzenoids in the fragrance industry is driving the global benzenoid market growth. Aroma or fragrance is the essence of every product, and each aroma molecule can be adapted to suit a variety of products and their own signature fragrance. The growing demand for fragrances in haircare, cosmetics, and a variety of personal care products is boosting the overall market growth. Also, the strong marketing strategy of global players is attracting customers across the world with the increasing retail sales and the increasing number of e-commerce platforms. Hence, it will drive global market growth.

Benzenoid Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 832.4 million

Market Size in 2031

US$ 1,243.3 million

Market CAGR

5.9%

By Product Type

  • Benzyl Acetate
  • Benzoate
  • Chloride
  • Salicylate
  • Benzaldehyde
  • Cinnamyl
  • Vanillin
  • Others

By Application

  • Soaps & Detergents
  • Personal Care
  • Food & Beverage
  • Household Care
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The benzenoid market report provides granular level information about the market size, country market share, historic market (2020-2024) and forecast (2025-2031)
  • The report covers in-detail insights about the competitors overview, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

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Frequently Asked Questions

The benzenoid market size was valued at US$ 832.4 million in 2024 and is expected to reach US$ 1,243.3 million by 2031, growing at a significant CAGR of 5.9% from 2025-2031.

Historic years considered for the market study are 2017 through 2021, 2021 is considered as the base year for market estimation and Seven years forecast presented from 2022 – 2028.

Asia Specific is dominating the global market.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Benzenoid Market Introduction
2.1. Global Benzenoid Market Taxonomy
2.2. Global Benzenoid Market Definitions
2.2.1. By Product Type
2.2.2. By Application
2.2.3. By Region
3. Global Benzenoid Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Benzenoid Market Dynamic Factors - Impact Analysis
3.6. Global Benzenoid Market Competition Landscape
3.7. Epidemiology
4. Global Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Benzenoid Market, By Product Type, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.1. Benzyl Acetate
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Benzoate
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Chloride
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Salicylate
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Benzaldehyde
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Cinnamyl
5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Vanillin
5.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
5.8. Others
5.8.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.3. Market Opportunity Analysis
6. Global Benzenoid Market, By Application, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.1. Soaps & Detergents
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Personal Care
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Food & Beverage
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Household Care
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Benzenoid Market Forecast, By Region, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2025 - 2031
8. North America Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
8.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. R Benzyl Acetate
8.1.2. Benzoate
8.1.3. Chloride
8.1.4. Salicylate
8.1.5. Benzaldehyde
8.1.6. Cinnamyl
8.1.7. Vanillin
8.1.8. Others
8.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Soaps & Detergents
8.2.2. Personal Care
8.2.3. Food & Beverage
8.2.4. Household Care
8.2.5. Others
8.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2025 - 2031
8.5. North America Benzenoid Market Dynamics Trends
9. Europe Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
9.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. R Benzyl Acetate
9.1.2. Benzoate
9.1.3. Chloride
9.1.4. Salicylate
9.1.5. Benzaldehyde
9.1.6. Cinnamyl
9.1.7. Vanillin
9.1.8. Others
9.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Soaps & Detergents
9.2.2. Personal Care
9.2.3. Food & Beverage
9.2.4. Household Care
9.2.5. Others
9.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2025 - 2031
9.5. Europe Benzenoid Market Dynamics Trends
10. Asia-Pacific Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
10.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. R Benzyl Acetate
10.1.2. Benzoate
10.1.3. Chloride
10.1.4. Salicylate
10.1.5. Benzaldehyde
10.1.6. Cinnamyl
10.1.7. Vanillin
10.1.8. Others
10.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Soaps & Detergents
10.2.2. Personal Care
10.2.3. Food & Beverage
10.2.4. Household Care
10.2.5. Others
10.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2025 - 2031
10.5. Asia-Pacific Benzenoid Market Dynamics Trends
11. Latin America Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
11.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. R Benzyl Acetate
11.1.2. Benzoate
11.1.3. Chloride
11.1.4. Salicylate
11.1.5. Benzaldehyde
11.1.6. Cinnamyl
11.1.7. Vanillin
11.1.8. Others
11.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Soaps & Detergents
11.2.2. Personal Care
11.2.3. Food & Beverage
11.2.4. Household Care
11.2.5. Others
11.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of Latin America
11.4. Latin America Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2025 - 2031
11.5. Latin America Benzenoid Market Dynamics Trends
12. Middle East and Africa Benzenoid Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
12.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. R Benzyl Acetate
12.1.2. Benzoate
12.1.3. Chloride
12.1.4. Salicylate
12.1.5. Benzaldehyde
12.1.6. Cinnamyl
12.1.7. Vanillin
12.1.8. Others
12.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Soaps & Detergents
12.2.2. Personal Care
12.2.3. Food & Beverage
12.2.4. Household Care
12.2.5. Others
12.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. South Africa
12.3.3. Rest of MEA
12.4. MEA Benzenoid Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2025 - 2031
12.5. MEA Benzenoid Market Dynamics Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Key Product Types, Key Developments, Strategies, and SWOT Analysis)
13.2.1. BASF SE
13.2.2. Firmenich SA
13.2.3. International Flavors & Fragrances, Inc.
13.2.4. Valtris Specialty Chemicals
13.2.5. Eternis Fine Chemicals Ltd
13.2.6. Symrise AG
13.2.7. Sensient Technologies Corporation
13.2.8. Givaudan
13.2.9. Emerald Kalama Chemical
13.2.10. Tennants Fine Chemicals Ltd.
14. Research Methodology
15. Key Assumptions and Acronyms

Key Market Players

  • BASF SE
  • Firmenich SA
  • International Flavors & Fragrances, Inc.
  • Valtris Specialty Chemicals
  • Eternis Fine Chemicals Ltd
  • Symrise AG
  • Sensient Technologies Corporation
  • Givaudan
  • Emerald Kalama Chemical
  • Tennants Fine Chemicals Ltd.

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