Benzyl salicylate is a chemical compound that appears as a clear and colorless liquid with mild balsamic, sweet fragrance, and excellent blending properties. It is manufactured by the esterification of salicylic acid with benzyl alcohol, by reacting benzyl chloride with an alkali salicylate, or through the transesterification of methyl salicylate with benzyl alcohol. It is a volatile fragrance ingredient that quickly evaporates when exposed to air. It is widely used in protective sunscreen lotions to absorb ultraviolet (UV) light effectively. It is also added to a range of cosmetics and skincare products as its light floral scent makes them smell sweet and appealing. As a result, benzyl salicylate finds extensive applications in the soap, personal care, and cosmetic industries across the globe.
The global benzyl salicylate market is primarily driven by the increasing demand for perfumes and cosmetics among the masses, as benzyl salicylate is used as a solvent fixative and fragrance modifier. In addition, benzyl salicylate is employed as a fixative and solvent for nitro musks and as a fragrance for detergents, soaps, creams, and fabric softeners. Consequently, the escalating demand for personal care products, such as bath products, make-up items, shampoos, cleansers, bubble baths, deodorant sprays, and sunscreens, represents another major growth-inducing factor. Moreover, the rising awareness regarding the benefits of using sunscreen lotions, such as minimizing the risk of skin cancers and skin pre-cancers, preventing sunburns, and reducing the signs of aging, has catalyzed market growth. Apart from this, increasing consciousness regarding hygiene and personal grooming among individuals is contributing to market growth. Besides this, the growing awareness about the importance of cleanliness amid the sudden coronavirus disease (COVID-19) outbreak has augmented the product demand. Furthermore, the surging popularity of aromatherapy and the increasing use of scented candles to relieve stress and anxiety have propelled market growth. Other factors, including inflating consumer disposable incomes, shifting lifestyle preferences, rapid urbanization, and rising spending on luxury perfumes, are also anticipated to drive the market further.
This production cost analysis report by syndicated analytics is the result of a comprehensive examination of the benzyl salicylate manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the benzyl salicylate industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the benzyl salicylate industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing benzyl salicylate?
What are the raw material requirements and costs in manufacturing benzyl salicylate?
What are the utility requirements and costs in manufacturing benzyl salicylate?
What are the manpower requirements and costs in manufacturing benzyl salicylate?
What are the packaging requirements and costs in manufacturing benzyl salicylate?
What are the transportation requirements and costs in manufacturing benzyl salicylate?
What are the land requirements and costs in manufacturing benzyl salicylate?
What are the construction requirements and costs in manufacturing benzyl salicylate?
What are the profit margins in benzyl salicylate?
What should be the pricing mechanism of benzyl salicylate?
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Benzyl Salicylate Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Benzyl Salicylate Price Trends
4.7.2 Product Margins
5 Benzyl Salicylate Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
188.8.131.52 Plant Machinery Costs
184.108.40.206 Auxiliary Equipment Cost
220.127.116.11 Electrical Works and Piping Costs
18.104.22.168 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Benzyl Salicylate Market: Major Drivers and Challenges
Figure 2: Global: Benzyl Salicylate Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Benzyl Salicylate Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Benzyl Salicylate Market: Breakup by Segment (in %), 2021
Figure 5: Global: Benzyl Salicylate Market: Breakup by Region (in %), 2021
Figure 6: Benzyl Salicylate: Price Trends, 2016 & 2021
Figure 7: Benzyl Salicylate: Margins Across Various Stages of the Supply Chain
Figure 8: Benzyl Salicylate: Breakup of Costs
Figure 9: Benzyl Salicylate Price Structure
Figure 10: Benzyl Salicylate: Manufacturing Process Flow
Figure 11: Benzyl Salicylate: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Benzyl Salicylate: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Benzyl Salicylate Manufacturing: Raw Material Requirements
Table 2: Benzyl Salicylate Manufacturing: Raw Material Costs
Table 3: Benzyl Salicylate Manufacturing: Electricity Costs
Table 4: Benzyl Salicylate Manufacturing: Steam Costs
Table 5: Benzyl Salicylate Manufacturing: Process Water Costs
Table 6: Benzyl Salicylate Manufacturing: Total Utility Costs
Table 7: Benzyl Salicylate Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Benzyl Salicylate Manufacturing: Packaging Costs
Table 9: Benzyl Salicylate Manufacturing: Transportation Costs
Table 10: Benzyl Salicylate Manufacturing: Sales and Administration Costs
Table 11: Benzyl Salicylate Manufacturing: Total Operating Costs
Table 12: Benzyl Salicylate Manufacturing: Costs Related to Land and Site Development
Table 13: Benzyl Salicylate Manufacturing: Costs Related to Civil Works
Table 14: Benzyl Salicylate Manufacturing: Costs Related to Plant Machinery
Table 15: Benzyl Salicylate Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Benzyl Salicylate Manufacturing: Costs Related to Electrical works and Piping
Table 17: Benzyl Salicylate Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Benzyl Salicylate Manufacturing: Working Capital Requirements
Table 19: Benzyl Salicylate Manufacturing: Total Capital Investment Required
Table 20: Benzyl Salicylate Manufacturing: Total Production Cost
Table 21: Benzyl Salicylate Manufacturing: Raw Material Suppliers
Table 22: Benzyl Salicylate Manufacturing: Machinery Suppliers