Product
Benzyl Salicylate Price Trend and Forecast
Benzyl Salicylate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Benzyl Salicylate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Benzyl Salicylate Price Trend for the H1 of 2023
Benzyl Salicylate price trends closely follow the market behavior for feedstock benzyl alcohol and salicylic Acid. Prices mostly remained mixed for the first two quarters of the year 2023. Q1 witnessed a slightly inclined trajectory, given the rising feedstock prices, which added to the upstream costs. Also, the active hoarding sentiment of buyers, given the Chinese New Year holidays, pushed the market offtakes, thereby exerting pressure on the prices.
Prices maintained a stable run at the beginning of Q4 but declined afterward as the inventories overflowed and the onset of the summer season saw decreased demand from the food and flavor industries. Decreased oil and energy prices also helped to bring prices down. Also, low-wavering feedstock prices further added to the oscillating price trends. Overall, a fluctuating price behavior was observed during the period under discussion.
Analyst Insight
According to the Procurement Resource, the Benzyl Salicylate prices are expected to remain unsettled in the coming quarter, given the current market dynamics. The fluctuating feedstock prices, along with uncertain market offtakes, will continue to influence the benzyl salicylate market.
Procurement Resource provides latest prices of Benzyl Salicylate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Benzyl salicylate, a colourless to pale yellow clear oily liquid, is a salicylic acid benzyl ester. It is a chemical compound that is frequently utilised as a fragrance additive in cosmetics owing to its sweet floral, balsamic odour. It is also useful in savoury spices, sweets, and other products.
Product Details
| Report Features | Details |
| Product Name | Benzyl Salicylate |
| Industrial Uses | Fragrance and flavouring agent, Personal care products, UV absorber in cosmetics, Solvent, Fixative in floral perfumes |
| Chemical Formula | C14H12O3 |
| Synonyms | 118-58-1, Benzyl 2-hydroxybenzoate, Benzyl o-hydroxybenzoate |
| Molecular Weight | 228.24 g/mol |
| Supplier Database | Eternis Fine Chemicals Ltd, Haihang Industry Co., Ltd, Symerise AG , Moellhausen S.p.A, Ungerer and Company |
| Region/Countries Covered | 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 |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-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.
Production Processes
- Production of Benzyl Salicylate via Reaction between Benzyl Chloride and Sodium Salicylate using a Phase Transfer Catalyst; and via Esterification of Benzyl Alcohol with Salicylic Acid
In the esterification process, benzyl alcohol and salicylic acid are used as the starting materials. The esterification of these two substances produces Benzyl Salicylate as the result.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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