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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