Procurement Resource Evaluates the Price Trends of Benzyl Salicylate in its Latest Insights and Dashboard
Price Trends of Benzyl Salicylate in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Benzyl Salicylate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of the Benzyl Salicylate can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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A benzyl ester of salicylic acid, benzyl salicylate is a colourless to light yellow liquid that is transparent and greasy. Due to its sweet flowery, balsamic odor, this chemical compound is commonly used as a fragrance ingredient in cosmetics. Additionally, it helps flavor sweets, savory spices, and other goods. Chemical Formula of Benzyl Salicylate is C14H12O3.
Regions Covered to Evaluate Benzyl Salicylate Price Trend:
- North America
- South America
- The Asia Pacific
- The Middle East
Industrial Uses Impacting Benzyl Salicylate Price Trend:
The skincare sub-segment is expected to have a significant proportion in the worldwide benzyl salicylate market throughout the projected period due to the rising demand for cosmetics goods. Its market is categorized by end-user into hair care products, skin care products, and medicines & nutraceuticals. The worldwide benzyl salicylate market is anticipated to expand considerably over the forecast period because benzyl salicylate is a crucial component in the creation of cosmetics.
Key Market Players:
- Eternis Fine Chemicals Ltd.
- Haihang Industry Co., Ltd.
- Symerise AG
- Moellhausen S.p.A
- Ungerer and Company
News and Events:
The draught of Omnibus Act V was sent to the World Trade Organization (WTO) by the European Commission on February 3, 2022. The bill intends to include compounds listed as CMR substances in the 17th Adaptation to Technical Progress (ATP), released in March 2021, into the EU Cosmetics Regulation. In reality, it is generally forbidden to utilize CMR compounds in cosmetics (Article 15 of the EU Cosmetics Regulation). The SCCS published preliminary views on Alfa- and Beta-arbutin, Triclocarban and Triclosan, Genistein and Daidzein as well as final opinions on Kojic acid, prostaglandins and prostaglandin analogues between January and March 2022. Additionally, the SCCS was tasked by the European Commission with evaluating the safety of the following substances: Citral, Sodium Bromothymol Blue, Hydropatite (nano), and Benzyl Salicylate.
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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