Definition
Benzyl Salicylate is an organic compound used in the manufacturing of perfumes, cosmetics, and various personal care products. It provides a floral, sweet, and balsamic fragrance and is often employed as a fragrance ingredient to enhance scents.
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Key Details About the Benzyl Salicylate Price Trend:
Benzyl Salicylate prices in 2023 closely followed the market behavior of feedstock Benzyl Alcohol and Salicylic Acid. Prices remained mixed in the first half, with a slight increase in Q1 due to rising feedstock costs and higher demand from flavoring and fragrance industries. Later, prices declined as inventories filled given the reduced demand from food and flavor industries. Lower oil and energy prices, along with fluctuating feedstock costs, contributed to the overall oscillating price trends observed during the discussed period.
Industrial Uses Impacting the Benzyl Salicylate Price Trend:
Benzyl Salicylate finds applications in key industries such as fragrance and flavoring, personal care products, cosmetics as a UV absorber, and as a solvent and fixative in floral perfumes. These industries rely on Benzyl Salicylate for its versatile properties and contributions to their products and formulations.
Key Players:
- Zhengjiang Gaopeng Pharmaceutical
- Jiangsu Puyuan Chemical
- JQC (Huayin) Pharmaceutical
- zhejiang Boadge Chemical Co. Ltd
- Jiangsu Hongbang
- Ganzhou Maoyuan Pharmaceutical
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