Market Overview:
2, 4-Dichlorobenzyl Alcohol with a chemical formula C7H6Cl2O is
primarily used as an antiseptic. DCBA is an active ingredient in throat lozenges
such as strepsils, gorpils, and lorsept. Commonly a low pH throat lozenge
contains amylmetacresol and dichlorobenzyl alcohol and considered to kill
various types of viruses. DCBA works as an antimicrobial and find application
such as preservative, insecticide, chemical intermediate, and others in various
end use industries such as agriculture, pharmaceutical, cosmetics &
personal care, general industry, and others.
Some of the prominent factors that positively influence the growth of 2,
4-Dichlorobenzyl Alcohol Market are rapid urbanization, booming healthcare
sector, and improving standard of living. Robust demand for preservatives and
increasing developments in cosmetics & personal care sector is expected to
increase the demand for various personal care products, which in turn, is
predicted to propel the growth of the market. Additionally, rising disposable
income coupled with increasing usage of personal care products to mitigate the
harmful effects of pollution, UV rays, and dust are estimated to fuel the
growth of the market. However, availability of other cheaper cosmetics products
is expected to hinder the growth of the market over the assessment period.
Competitive Analysis:
ü
BASF SE
ü
Reckitt
Benckiser Healthcare International Ltd.
ü
Sigma-Aldrich
Co. LLC
ü
EMKA-Chemie
Gmbh & Co. KG
ü
Santa Cruz
Biotechnology, Inc.
ü
Bioxera
Pharma Private Limited
ü
Benzo Chem
Industries Pvt. Ltd.
Market Segmentation:-
The 2, 4-Dichlorobenzyl Alcohol Market is segmented on the basis of application, end
use industry, and region. Based on application, DCBA market is categorized into
preservative, insecticide, chemical intermediate, and others. Based on end use
industry, the market is classified into pharmaceutical, agriculture, cosmetics &
personal care, general industry, and others. Among the application segment,
preservative and chemical intermediate are expected to hold the larger share as
compared to others. Increasing consumption of DCBA in various personal care
products such as shampoo, skin care, hair care, lotion, and other is predicted
to fuel the growth of segment in the upcoming years. Among the end use
industries, pharmaceutical and cosmetics & personal care segment accounts
for the largest market share owing to the wide utilization of antimicrobial and
preservatives. Agriculture segment is expected to be the fastest growing and
exhibiting the highest CAGR during the review period. The growth of this
segment is attributed to the increasing usage of insecticide for crop
protection as well as rising demand for high quality crop production.
Regional Analysis:
North America is estimated to be the largest market for 2,
4-Dichlorobenzyl Alcohol followed by Europe and Asia Pacific on account of
increasing demand from pharmaceutical and cosmetics & personal care sector
among others. Countries of North America and Europe such as the U.S,
Canada, Germany, France, Spain, and the UK are expected to witness significant
growth of the market owing to the expansion of pharmaceutical and Cosmetics
& Personal care sector. Asia Pacific is expected to grow with the healthy
CAGR due to the robust demand for DABC in emerging economies such as India,
China, Thailand, Vietnam, and Malaysia. Latin America and the Middle East &
Africa is predicted to witness moderate growth owing to average demand for DCBA
in personal care products.
Geographical Analysis:
The report covers brief analysis of
geographical regions such as North America, Latin America, Europe, Asia
Pacific, and the Middle East & Africa.
Intended Audience
ü 2, 4-dichlorobenzyl
alcohol manufacturers
ü Traders and
distributors of 2, 4-dichlorobenzyl alcohol
ü Production process
industries
ü Potential investors
ü Raw material
suppliers
ü Nationalized
laboratory
Access Complete Research Report Here@ https://www.marketresearchfuture.com/reports/2-4-dichlorobenzyl-alcohol-market-4348
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