Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Benzaldehyde Price Trend Analysis 2026: Supply Demand Analysis, Market Insights, Price Drivers, Historical Prices & Latest News
Written ByUdeesha Tomar
Benzaldehyde Price Trend Q4 2024
Asia
In Q4’24, the Benzaldehyde market experienced notable price reductions across key regions, primarily due to weak demand and fluctuations in toluene prices, which are a vital raw material for its production. In Asia, especially in China, prices for Benzaldehyde fell significantly. This was mainly caused by decreased demand in sectors such as paints, coatings, and construction, which are major consumers of Benzaldehyde.
Moreover, some Chinese producers halted their operations for maintenance, reducing supply slightly, but this wasn't enough to counteract the lacklustre demand. Toluene price volatility, coupled with rising inventory levels, further intensified the bearish market conditions.
Europe
In Europe, the Benzaldehyde market followed a similar downward trend. The region faced comparable challenges, with a decline in toluene prices and reduced demand from key industries. In countries like the Netherlands, a significant producer of Benzaldehyde, market conditions were further pressured by stable chemical inventories and weak demand growth. Producers in Europe struggled to pass on price cuts to customers, as the overall industrial activity remained subdued amid a deflationary environment.
North America
North America also mirrored these global trends in the Benzaldehyde market. A fall in toluene prices and weak demand from industries like automotive and construction led to a reduction in Benzaldehyde prices. The U.S. market followed the international pattern, with declining feedstock costs influencing overall pricing. Manufacturers in North America focused on managing their inventories more cautiously, as market sentiment remained cautious.
Analyst Insight
According to Procurement Resource, the Benzaldehyde market outlook remains cautious, with any price recovery hinging on improved demand from key sectors and stability in feedstock costs.
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Asia
In the third quarter of 2024, benzaldehyde prices in the Chinese market followed a consistent downward trend, driven by declining feedstock prices. Early in the quarter, market participants focused on expectations that the Federal Reserve might raise interest rates, which was anticipated to support crude oil prices and ease inflation concerns. However, when interest rate cuts were announced in late September, their impact on crude oil prices was limited. Cost support from upstream feedstocks remained weak, as toluene, a key feedstock, also saw a decline, further pressuring benzaldehyde prices.
The supply of benzaldehyde remained elevated due to weak demand from downstream sectors such as coatings, adhesives, and paints. Compounding these challenges, overall downstream demand was low, and a decline in international purchasing activity further weakened market dynamics, contributing to the price drop. This trend was also reflected in the Indian market, which mirrored the continuous decline observed in China.
Europe
Benzaldehyde prices in Europe remained volatile during the quarter, mirroring trends observed in the Chinese market. The quarter was marked by weak downstream demand, with significant declines in sales. Benzaldehyde is used in the production of adhesives, coatings, paints, and solvents, which are integral to the construction sector. However, the struggling European real estate market slowed demand for these products. Additionally, fluctuating crude oil prices and declining toluene prices provided minimal support for benzaldehyde prices, further contributing to the overall weak market dynamics.
North America
In North America, benzaldehyde prices showed mixed trends during the third quarter of 2024. Weak demand from the construction and paint sectors created a negative market outlook. Logistical challenges from the hurricane season, combined with sluggish downstream demand, led to a price decline in the second week of September. Additionally, fluctuating feedstock prices exerted further pressure on benzaldehyde’s market outlook, contributing to the overall weakness in market dynamics. As a result, the benzaldehyde market in North America remained under pressure throughout this period.
About Benzaldehyde
Benzaldehyde is an aromatic aldehyde that has a distinct almond like smell with partial solubility in water and high flammability. This compound is used in flavor, fragrance, pharmaceuticals, agrochemicals, and other related industries. The distinctive aroma and versality of benzaldehyde make it employable in the synthesis of various chemical elements.
Benzaldehyde Product Detail
Hs Code
29122100
Chemical Formula
C7H6O
Cas Number
100-52-7
Molecular Weight
106.12 g/mol
Industrial Uses
Aromas and perfumes, Plating industry, Solvents, Food additives, Agrochemicals, Pharmaceuticals
Supplier Database
Kadillac Chemicals Pvt Ltd, Emerald Performance Materials LLC, Hainhang Industry Co Ltd, Jiangsu Jiamai Chemical Co Ltd, Chematek S.p.A, Wuhan Dico Chemical Co Ltd, Merck KGaA
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Benzaldehyde Production Processe
- Benzaldehyde Production from cinnamon
In this reaction, the cinnamaldehyde extracted from cinnamon oil is refluxed in the temperature range of 90-150°C in presence of a base for extended period of time and then benzaldehyde is obtained through distillation of the produced solution.
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