Global market value of benzoic acid 2015-2030

Published by Statista Research Department, Jul 11, 2023
The market value of benzoic acid was approximately 2.17 billion U.S. dollars worldwide in 2022. By 2030, the global market value of this organic compound is expected to reduce again to around 2.03 billion U.S. dollars.

Market value of benzoic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars)

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Release date

July 2023

Region

Worldwide

Survey time period

2015 to 2022

Supplementary notes

* Forecast based on a CAGR of 7.5 percent from 2023-2030.

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