Benzyl Chloride Market Demand will increase to 313,000 mt in 2024

    Benzyl chloride is toluene derivative. It is colorless liquid at room temperature. Benzyl chloride can be used to directly produce benzyl alcohol, benzyl cyanide, benzeneacetic acid, 4-chlorobenzyl chloride and agrochemicals. Benzyl alcohol consumes more than 70% volume of benzyl chloride. Benzyl alcohol can be used to produce benzaldehyde and benzoic acid.

    Benzyl chloride is produced by liquid chlorine and toluene. This report cover the industrial chain of benzyl chloride. Following are the industrial chain structure:

    There are 10 benzyl chloride manufacturers including Valtris, LANXESS, Luxi Chemical, Lihai Chemical Industry, Gujarat Alkalies and Chemicals Limited (GACL) and other 5 producers. China is the largest production country and install more than 50% production capacity. However, some Chinese producers are shut down or decrease their capacity due to strictly environment policy from 2017.

    Global benzyl chloride demand is 273,000 mt in 2018 and the market size will reach 313,000 mt in 2024, with a CAGR of 2.3% due to weakly demand of benzyl alcohol from 2019.