The Benzoic Acid market size is USD 1.1 Bn in 2026.
The Benzoic Acid market is projected to grow at a CAGR of 5% by 2033.
The Benzoic Acid market growth drivers include rising demand for food preservatives, increasing use in cosmetics and pharmaceuticals, and growing application as a chemical intermediate in plasticizers and resins.
Asia Pacific is a dominating region for Benzoic Acid market.
Mitsubishi Chemical Corporation, SABIC, INEOS Group, Lonza Group AG, and Emerald Kalama Chemical are some leading industry players in the Benzoic Acid market.