Benzoic Acid Global Market Report 2026

Benzoic acid is a white crystalline solid belonging to the aromatic carboxylic acids category and is derived from benzene. It occurs naturally in several fruits such as cranberries, plums, apples, and certain spices, imparting a somewhat sweet fragrance.

Benzoic acid is available in forms of powder and granules, the powder variant consists of fine particles. Benzoic acid finds diverse applications such as sodium benzoate, potassium benzoate, benzyl benzoate, benzoate plasticizers, alkyd resin, benzoyl chloride, and feed additives. These applications span across industries including food and beverages, the chemical sector, pharmaceuticals, and various other domains.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the benzoic acid market by increasing costs of imported toluene feedstock, processing chemicals, and chemical manufacturing equipment. Producers in Asia-Pacific and Europe are most affected due to reliance on cross-border raw material sourcing, while North America faces higher input costs for downstream applications. These tariffs are affecting production economics and pricing stability. At the same time, they are supporting local production expansion, regional feedstock integration, and innovation in cost-efficient synthesis routes.

The benzoic acid market research report is one of a series of new reports from The Business Research Company that provides benzoic acid market statistics, including benzoic acid industry global market size, regional shares, competitors with a benzoic acid market share, detailed benzoic acid market segments, market trends and opportunities, and any further data you may need to thrive in the benzoic acid industry. This benzoic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The benzoic acid market size has grown strongly in recent years. It will grow from $1.43 billion in 2025 to $1.51 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing processed food consumption, growth of chemical manufacturing activities, rising pharmaceutical production, expansion of polymer processing industries, availability of aromatic feedstocks.

The benzoic acid market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand for clean-label preservatives, rising adoption in specialty chemical applications, expansion of pharmaceutical manufacturing, growing focus on sustainable sourcing, increasing investments in high-purity production. Major trends in the forecast period include growing demand for food preservatives, rising use in pharmaceutical formulations, expansion of benzoate-based plasticizers, increased focus on high-purity grades, capacity expansion in emerging economies.

The rising demand for processed foods is expected to drive the benzoic acid market in the coming years. Processed foods are products that have undergone various modifications or treatments before consumption, including the addition of preservatives and additives. Benzoic acid is commonly used as a preservative in these products due to its antimicrobial properties, which inhibit the growth of bacteria, fungi, and yeast. It helps prolong the shelf life of food items while maintaining their quality and safety. For example, in July 2024, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based federal department overseeing agriculture and agri-food policy, Australia imported processed food and seafood worth US$12.39 billion in 2023, reflecting an annual growth of 3.8%. Consequently, the increasing consumption of processed foods is expected to boost the benzoic acid market.

The growing population is anticipated to further propel the benzoic acid market. Population refers to the total number of individuals living in a particular geographic area, such as a country, city, or region. Population growth drives the demand for various consumer goods, including packaged foods, pharmaceuticals, and personal care products, which in turn increases the need for benzoic acid. For instance, in July 2025, Worldometer, a Switzerland-based platform providing real-time global population statistics, reported that the world population rose from 8,092,000,000 in 2023 to 8,161,972,572 in 2024, an increase of approximately 0.87%. Thus, the expanding population is contributing to the growth of the benzoic acid market.

Key players in the benzoic acid market are introducing new products, such as salicylic acid, to control excess oil production. Salicylic acid, a beta hydroxy acid (BHA), is widely used in skincare for its exfoliating properties and effectiveness in treating acne by clearing clogged pores and reducing inflammation. For example, in June 2024, Active Concepts LLC, a US-based cosmetics company, launched ACB Sal-Vation, a sustainably derived skincare ingredient serving as an alternative to salicylic acid for acne treatment and overall skin care. It is formulated using naturally occurring benzoic acid from prunes and succinic acid extracted from sugar beets. ACB Sal-Vation exfoliates by removing intercellular lipids while providing antimicrobial and antifungal benefits. This innovative product meets the growing consumer demand for gentler, natural, and sustainable skincare solutions, offering effective acne treatment without the sensitivity risks associated with traditional salicylic acid.

Major companies operating in the benzoic acid market are LANXESS AG, Emerald Performance Materials, LLC, Merck KGaA, BASF SE, Eastman Chemical Company, Arkema S.A., Evonik Industries AG, Emerald Kalama Chemical, LLC, FBC Industries, Inc., Ganesh Benzoplast Limited, Novaphene Specialities Private Limited, Tengzhou Tenglong Chemical Co., Ltd., Wuhan Youji Industries Co., Ltd., Shandong Ruisheng Chemical Co., Ltd., Jiangsu Hualun Chemical Co., Ltd., Hubei Phoenix Chemical Co., Ltd., Nantong Acetic Acid Chemical Co., Ltd., Wuhan Biet Chemical Co., Ltd., Haihang Industry Co., Ltd., Liao Ning Huayi Chemical Industry & Commerce Co., Ltd., Taizhou Wanda Chemical Co., Ltd

North America was the largest region in the global benzoic acid market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the benzoic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the benzoic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The benzoic acid market consists of sales of benzoate salts derived from benzoic acid, benzoic acid flakes, benzene formic acid, benzene-methanoic acid, carboxy benzene, and benzene-carboxylic acid. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Benzoic Acid Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses benzoic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for benzoic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The benzoic acid market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Form: Powder; Granules
• 2) By Application: Sodium Benzoate; Potassium Benzoate; Benzyl Benzoate; Benzoate Plasticizers; Alkyd Resin; Benzoyl Chloride; Feed Additives; Other Applications
• 3) By End Use: Food And Beverages; Chemical Industry; Pharmaceutical Industry; Other End Uses
• Subsegments:
• 1) By Powder: Fine Powder; Coarse Powder
• 2) By Granules: Regular Granules; Coated Granules
• Companies Mentioned: LANXESS AG; Emerald Performance Materials, LLC; Merck KGaA; BASF SE; Eastman Chemical Company; Arkema S.A.; Evonik Industries AG; Emerald Kalama Chemical, LLC; FBC Industries, Inc.; Ganesh Benzoplast Limited; Novaphene Specialities Private Limited; Tengzhou Tenglong Chemical Co., Ltd.; Wuhan Youji Industries Co., Ltd.; Shandong Ruisheng Chemical Co., Ltd.; Jiangsu Hualun Chemical Co., Ltd.; Hubei Phoenix Chemical Co., Ltd.; Nantong Acetic Acid Chemical Co., Ltd.; Wuhan Biet Chemical Co., Ltd.; Haihang Industry Co., Ltd.; Liao Ning Huayi Chemical Industry & Commerce Co., Ltd.; Taizhou Wanda Chemical Co., Ltd
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.