Global Dichlorobenzyl Alcohol (DCBA) Market Analysis to 2022
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.
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Top 10 Key Players:
Some of the prominent players operating in the Global 2, 4-Dichlorobenzyl Alcohol Market are BASF SE (Germany), Reckitt Benckiser Healthcare International Ltd. (UK), Sigma-Aldrich Co. LLC (U.S.), EMKA-Chemie Gmbh & Co. KG (Germany), Santa Cruz Biotechnology, Inc. (U.S.), Bioxera Pharma Private Limited (India), Benzo Chem Industries Pvt. Ltd. (India), and others.
The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
- 2, 4-dichlorobenzyl alcohol manufacturers
- Traders and distributors of 2, 4-dichlorobenzyl alcohol
- Production process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
As per our analysis, some of the important market factors and trends identified in the Global 2, 4-Dichlorobenzyl Alcohol Market include increasing incidence of chronic disease, technological advancement in active pharmaceutical ingredients (API) manufacturing, and growing urbanization. Increasing usage in agricultural activities coupled with the rising demand for superior class of crop production is predicted to drive market growth during the forecast period. Increase in the consumption of insecticide owing to increasing awareness among farmers related to effects of insecticide on crop yield is estimated to fuel the growth of the market. Moreover, changing lifestyle, increasing consciousness related to personal hygiene and growing purchasing power of consumers for cosmetics & personal care products in developed and developing countries are predicted to propel the growth of DCBA market during the assessment period. However, stringent regulatory framework regarding the limiting content of 2, 4-Dichlorobenzyl Alcohol in cosmetics & personal care is expected to hamper the demand for DCBA over the forecast period.
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The Global 2, 4-Dichlorobenzyl Alcohol Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Asia Pacific region is estimated to grow at the highest CAGR during the review period on account of expansion of various end use industries such as agriculture, cosmetics & personal care, and general industry among others. The demand for DCBA is predicted to surge in numerous countries of Asia Pacific such as China, India, Japan, Vietnam, and Malaysia owing to increasing consumer base as well as favorable government regulations. Furthermore, increasing purchasing power, availability of low cost raw material, labor & land, and soberly stringent regulatory framework are some of the important factors for the regional DCBA market growth over the forecast period.
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