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Sodium Benzoate - Global Market Trajectory & Analytics

  • ID: 5140142
  • Report
  • September 2020
  • Region: Global
  • 190 pages
  • Global Industry Analysts, Inc
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Global Sodium Benzoate Market to Reach $764.2 Million by 2027

Amid the COVID-19 crisis, the global market for Sodium Benzoate estimated at US$591.8 Million in the year 2020, is projected to reach a revised size of US$764.2 Million by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027. Food and Beverages, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$345.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pharmaceuticals segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $159.7 Million, While China is Forecast to Grow at 6.7% CAGR

The Sodium Benzoate market in the U. S. is estimated at US$159.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$161.1 Million by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Cosmetics Segment to Record 3.1% CAGR

In the global Cosmetics segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$66.3 Million in the year 2020 will reach a projected size of US$79.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$107.8 Million by the year 2027, while Latin America will expand at a 3.9% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 190-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Akzo Nobel NV
  • DowDuPont, Inc.
  • Eastman Chemical Company
  • FBC Industries, Inc.
  • Shandong Tong Tai Wei Run Chemical Co., Ltd.
  • Tengzhou Tenglong Chemical Co., Ltd.
  • Tulstar Products Inc.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Sodium Benzoate Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Sodium Benzoate Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 2: Sodium Benzoate Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • TABLE 3: Sodium Benzoate Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Food and Beverages (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • TABLE 5: Food and Beverages (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • TABLE 6: Food and Beverages (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Pharmaceuticals (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
  • TABLE 8: Pharmaceuticals (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
  • TABLE 9: Pharmaceuticals (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
  • TABLE 10: Cosmetics (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 11: Cosmetics (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019
  • TABLE 12: Cosmetics (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Other End-Uses (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
  • TABLE 14: Other End-Uses (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • TABLE 15: Other End-Uses (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Sodium Benzoate Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 16: United States Sodium Benzoate Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 17: Sodium Benzoate Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2012-2019
  • TABLE 18: Sodium Benzoate Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
  • TABLE 19: Canadian Sodium Benzoate Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 20: Sodium Benzoate Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
  • TABLE 21: Canadian Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
  • TABLE 22: Japanese Demand Estimates and Forecasts for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 23: Japanese Sodium Benzoate Market in US$ Thousand by End-Use: 2012-2019
  • TABLE 24: Sodium Benzoate Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
  • TABLE 25: Chinese Demand for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 26: Sodium Benzoate Market Review in China in US$ Thousand by End-Use: 2012-2019
  • TABLE 27: Chinese Sodium Benzoate Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
  • Market Facts & Figures
  • European Sodium Benzoate Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 28: European Sodium Benzoate Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
  • TABLE 29: Sodium Benzoate Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
  • TABLE 30: European Sodium Benzoate Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 31: European Sodium Benzoate Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
  • TABLE 32: Sodium Benzoate Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
  • TABLE 33: European Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 34: Sodium Benzoate Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027
  • TABLE 35: French Sodium Benzoate Historic Market Review in US$ Thousand by End-Use: 2012-2019
  • TABLE 36: French Sodium Benzoate Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
  • TABLE 37: Sodium Benzoate Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 38: German Sodium Benzoate Market in Retrospect in US$ Thousand by End-Use: 2012-2019
  • TABLE 39: Sodium Benzoate Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
  • TABLE 40: Italian Demand for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 41: Sodium Benzoate Market Review in Italy in US$ Thousand by End-Use: 2012-2019
  • TABLE 42: Italian Sodium Benzoate Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
  • TABLE 43: United Kingdom Demand Estimates and Forecasts for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 44: United Kingdom Sodium Benzoate Market in US$ Thousand by End-Use: 2012-2019
  • TABLE 45: Sodium Benzoate Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
  • TABLE 46: Spanish Sodium Benzoate Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 47: Sodium Benzoate Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
  • TABLE 48: Spanish Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
RUSSIA
  • TABLE 49: Russian Sodium Benzoate Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 50: Sodium Benzoate Historic Demand Patterns in Russia by End-Use in US$ Thousand for 2012-2019
  • TABLE 51: Sodium Benzoate Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 52: Rest of Europe Sodium Benzoate Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
  • TABLE 53: Sodium Benzoate Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
  • TABLE 54: Rest of Europe Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 55: Asia-Pacific Sodium Benzoate Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 56: Sodium Benzoate Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
  • TABLE 57: Asia-Pacific Sodium Benzoate Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 58: Sodium Benzoate Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
  • TABLE 59: Asia-Pacific Sodium Benzoate Historic Market Review in US$ Thousand by End-Use: 2012-2019
  • TABLE 60: Asia-Pacific Sodium Benzoate Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
AUSTRALIA
  • TABLE 61: Sodium Benzoate Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 62: Australian Sodium Benzoate Market in Retrospect in US$ Thousand by End-Use: 2012-2019
  • TABLE 63: Sodium Benzoate Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027
INDIA
  • TABLE 64: Indian Sodium Benzoate Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 65: Sodium Benzoate Market in India: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
  • TABLE 66: Indian Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
  • TABLE 67: Sodium Benzoate Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 68: South Korean Sodium Benzoate Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
  • TABLE 69: Sodium Benzoate Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
  • TABLE 70: Rest of Asia-Pacific Demand Estimates and Forecasts for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 71: Rest of Asia-Pacific Sodium Benzoate Market in US$ Thousand by End-Use: 2012-2019
  • TABLE 72: Sodium Benzoate Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
  • TABLE 73: Latin American Sodium Benzoate Market Trends by Region/Country in US$ Thousand: 2020-2027
  • TABLE 74: Sodium Benzoate Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
  • TABLE 75: Latin American Sodium Benzoate Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
  • TABLE 76: Latin American Demand for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 77: Sodium Benzoate Market Review in Latin America in US$ Thousand by End-Use: 2012-2019
  • TABLE 78: Latin American Sodium Benzoate Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
  • TABLE 79: Argentinean Sodium Benzoate Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
  • TABLE 80: Sodium Benzoate Market in Argentina: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
  • TABLE 81: Argentinean Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
BRAZIL
  • TABLE 82: Sodium Benzoate Quantitative Demand Analysis in Brazil in US$ Thousand by End-Use: 2020-2027
  • TABLE 83: Brazilian Sodium Benzoate Historic Market Review in US$ Thousand by End-Use: 2012-2019
  • TABLE 84: Brazilian Sodium Benzoate Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
  • TABLE 85: Sodium Benzoate Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 86: Mexican Sodium Benzoate Market in Retrospect in US$ Thousand by End-Use: 2012-2019
  • TABLE 87: Sodium Benzoate Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
  • TABLE 88: Rest of Latin America Sodium Benzoate Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 89: Sodium Benzoate Historic Demand Patterns in Rest of Latin America by End-Use in US$ Thousand for 2012-2019
  • TABLE 90: Sodium Benzoate Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
  • TABLE 91: The Middle East Sodium Benzoate Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 92: Sodium Benzoate Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
  • TABLE 93: The Middle East Sodium Benzoate Market Share Breakdown by Region/Country: 2012, 2020, and 2027
  • TABLE 94: The Middle East Sodium Benzoate Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 95: Sodium Benzoate Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
  • TABLE 96: The Middle East Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
IRAN
  • TABLE 97: Iranian Demand Estimates and Forecasts for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 98: Iranian Sodium Benzoate Market in US$ Thousand by End-Use: 2012-2019
  • TABLE 99: Sodium Benzoate Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
ISRAEL
  • TABLE 100: Israeli Sodium Benzoate Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
  • TABLE 101: Sodium Benzoate Market in Israel: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
  • TABLE 102: Israeli Sodium Benzoate Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
  • TABLE 103: Saudi Arabian Demand for Sodium Benzoate in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 104: Sodium Benzoate Market Review in Saudi Arabia in US$ Thousand by End-Use: 2012-2019
  • TABLE 105: Saudi Arabian Sodium Benzoate Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
  • TABLE 106: Sodium Benzoate Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 107: United Arab Emirates Sodium Benzoate Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
  • TABLE 108: Sodium Benzoate Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
  • TABLE 109: Sodium Benzoate Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
  • TABLE 110: Rest of Middle East Sodium Benzoate Market in Retrospect in US$ Thousand by End-Use: 2012-2019
  • TABLE 111: Sodium Benzoate Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
  • TABLE 112: African Sodium Benzoate Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
  • TABLE 113: Sodium Benzoate Historic Demand Patterns in Africa by End-Use in US$ Thousand for 2012-2019
  • TABLE 114: Sodium Benzoate Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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