The Global Benzoic Acid Market was valued at USD 1.12 Billion in 2023 and is projected to reach USD 1.52 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2030). This steady growth is propelled by rising demand for food preservatives, expanding pharmaceutical applications, and the increasing use of benzoic acid in the production of alkyd resins for paints and plasticizers.

As industries worldwide prioritize shelf-life extension, hygiene, and material performance, benzoic acid remains a critical industrial chemical. This blog profiles the Top 10 Companies in the Benzoic Acid Industry—a group of global chemical leaders and specialized producers driving innovation, supply chain reliability, and compliance with stringent regulatory standards.

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🔟 1. Emerald Kalama Chemical

Headquarters: Kalama, Washington, USA
Key Offering: Food Grade Benzoic Acid, Pharma Grade Benzoic Acid, Sodium Benzoate

A subsidiary of LANXESS, Emerald Kalama Chemical is a premier global supplier of benzoic acid and its derivatives. The company serves a diverse range of markets, including food & beverage, personal care, and pharmaceuticals, with a strong focus on high-purity, regulatory-compliant products.

Innovation & Market Focus:

• Leading producer of K-Flex® non-phthalate plasticizers derived from benzoic acid

• Strategic investments in expanding global production capacity

• Strong emphasis on sustainable production processes and product stewardship

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9️⃣ 2. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Industrial Grade Benzoic Acid, Benzoates, Specialty Chemicals

Eastman is a global specialty materials company with a significant presence in the benzoic acid market. Its products are essential raw materials for a wide array of applications, from coatings and adhesives to food preservation.

Innovation & Market Focus:

• Integrated manufacturing from toluene oxidation

• Focus on developing sustainable solutions for coatings and plastics industries

• Global supply chain ensuring consistent quality and delivery

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8️⃣ 3. Foodchem International Corporation

Headquarters: Shanghai, China
Key Offering: Food Grade Benzoic Acid, Pharmaceutical Grade Benzoic Acid

Foodchem is a leading supplier of food additives and ingredients, with benzoic acid being a core product. The company has built a robust global distribution network, supplying thousands of customers in over 100 countries.

Innovation & Market Focus:

• Comprehensive quality assurance and certification (ISO, HACCP, Halal, Kosher)

• Extensive portfolio of benzoic acid salts and derivatives

• Strong logistics capabilities for international export

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7️⃣ 4. Hebei Smart Chemicals Company (HSCC)

Headquarters: Shijiazhuang, Hebei, China
Key Offering: Benzoic Acid, Sodium Benzoate, Benzyl Chloride

HSCC is a major Chinese manufacturer with a vertically integrated production chain for benzoic acid and its derivatives. The company is a key player in the Asia-Pacific region, supplying both domestic and international markets.

Innovation & Market Focus:

• Large-scale production capacity with cost-efficient manufacturing

• Focus on exporting to emerging markets in Southeast Asia and the Middle East

• Investment in R&D for new applications in agrochemicals and pharmaceuticals

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6️⃣ 5. Tengzhou Tenglong Chemical Co., Ltd.

Headquarters: Tengzhou, Shandong, China
Key Offering: Benzoic Acid, Sodium Benzoate, Benzaldehyde

Tenglong Chemical is another significant Chinese producer with a strong foothold in the global benzoic acid market. The company specializes in the deep processing of toluene to produce a range of benzene derivatives.

Innovation & Market Focus:

• Advanced toluene oxidation technology for high yield and purity

• Strategic location in a major Chinese chemical industrial park

• Growing export business to Europe and North America

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5️⃣ 6. Liao Ning Huayi Chemical Co., Ltd.

Headquarters: Liaoning, China
Key Offering: Benzoic Acid, Benzonitrile, Other Fine Chemicals

Liao Ning Huayi Chemical is a specialized chemical manufacturer with a focus on benzoic acid and related fine chemicals. The company caters to various industrial sectors, including pharmaceuticals, dyes, and spices.

Innovation & Market Focus:

• Diversified product portfolio based on benzoic acid chemistry

• Strong R&D capabilities for custom synthesis and specialty chemicals

• Emphasis on environmental protection and clean production technologies

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4️⃣ 7. Wuhan Dico Chemical Co., Ltd.

Headquarters: Wuhan, Hubei, China
Key Offering: Benzoic Acid, Sodium Benzoate, Potassium Sorbate

Wuhan Dico Chemical is a prominent supplier of food preservatives, with benzoic acid being a central product. The company serves the food, feed, and cosmetic industries with a commitment to quality and safety.

Innovation & Market Focus:

• Integrated production from raw materials to finished preservatives

• Strict adherence to international food safety standards (FCC, E210)

• Active participation in global food ingredient trade shows and partnerships

Download FREE Sample Report: Benzoic Acid Market – View in Detailed Research Report

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3️⃣ 8. Fushimi Pharmaceutical Co., Ltd.

Headquarters: Marugame, Kagawa, Japan
Key Offering: High-Purity Pharma Grade Benzoic Acid, API Intermediates

Fushimi Pharmaceutical is a Japanese company specializing in high-purity benzoic acid for pharmaceutical applications. The company’s rigorous quality control makes it a preferred supplier for the global pharmaceutical industry.

Innovation & Market Focus:

• Manufacturing compliant with cGMP and JP/EP/USP standards

• Focus on benzoic acid as an excipient and active pharmaceutical ingredient (API) intermediate

• Reputation for reliability and consistency in the highly regulated pharma sector

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2️⃣ 9. Navyug Pharmachem Pvt. Ltd.

Headquarters: Vapi, Gujarat, India
Key Offering: Benzoic Acid, Sodium Benzoate, Industrial Chemicals

Navyug Pharmachem is a leading Indian manufacturer and exporter of benzoic acid and its salts. The company leverages India’s chemical manufacturing prowess to serve both domestic and international markets competitively.

Innovation & Market Focus:

• Strategic location in a major Indian chemical cluster

• Cost-effective production suitable for price-sensitive markets

• Expanding footprint in African and South American markets

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1️⃣ 10. Hubei Phoenix Chemical Company Ltd.

Headquarters: Xiangyang, Hubei, China
Key Offering: Benzoic Acid, Benzyl Alcohol, Benzoate Plasticizers

Hubei Phoenix Chemical is a key Chinese producer with integrated capabilities in benzoic acid and downstream derivatives. The company is a significant supplier to the paint, coating, and plasticizer industries.

Innovation & Market Focus:

• Vertical integration from basic chemicals to value-added derivatives

• Strong focus on the alkyd resin and plasticizer markets

• Commitment to technological upgrading and production efficiency

Get Full Report Here: Benzoic Acid Market – View in Detailed Research Report

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🌍 Outlook: The Future of Benzoic Acid is Driven by Sustainability and Diversification

The benzoic acid market is experiencing a steady evolution. While traditional applications in food preservation continue to dominate, the industry is increasingly influenced by trends in green chemistry, bio-based alternatives, and high-value pharmaceutical uses.

📈 Key Trends Shaping the Market:

• Growing demand for natural preservatives, though benzoic acid (occurring naturally in cranberries) maintains a strong position due to cost-effectiveness.

• Increasing stringency of global food safety regulations, driving demand for high-purity, certified benzoic acid.

• Expansion of the plastics and paints industries in emerging economies, boosting consumption of benzoic acid-based plasticizers and alkyd resins.

• R&D into new pharmaceutical applications and more sustainable production processes.

Get Full Report Here: Benzoic Acid Market – View in Detailed Research Report

The companies listed above are not only supplying a vital industrial chemical—they are enabling food safety, advancing medical treatments, and improving material performance across the globe.