Benzoates Market Set to Reach USD 8.8 Billion by 2032, Driven by Rising Demand in North America and Europe

The global benzoates market is anticipated to showcase a flourishing CAGR of 5.2% across the forecast period from 2022 to 2032. The global market was valued at US$ 5.3 Billion in 2022 to surpass a valuation of US$ 8.8 Billion by 2032. In the foreseeable future, various developed regions including North America, Europe, Central America, and South America are likely …

Competitor Analysis of Benzoates Market to Witness a Pronounce Growth During 2022-2032| Poulvet, RM Chemicals, The Good Scents Company, Taj Pharmaceuticals

Benzoic acid is a major precursor for the industrial synthesis of variety of organic substances. The salts of benzoic acid have application as food preservatives in the food industry. The esters and salts of benzoic acid are known as benzoates. Benzoic acid is a simple aromatic carboxylic acid which is a colorless crystalline solid. It’s …