Benzoic Acid Price Analysis 2025: Index Review, Market Chart & Demand Forecast
Benzoic Acid prices in the global market witnessed mixed trends throughout the first half of 2025, reflecting shifts in raw material costs, demand from end-user industries, and global trade dynamics. The market opened the year with moderate pricing levels, supported by steady production across key manufacturing hubs like China, India, and the United States. However, as the quarter progressed, producers in Asia reported cost pressures driven by fluctuating toluene feedstock prices and environmental regulations impacting factory output. Demand from major downstream sectors, including food preservatives, alkyd resins, and plasticizers, remained consistent, but not strong enough to trigger significant upward movement in price. In Q2 2025, prices in China and Southeast Asia remained under mild pressure due to a combination of slower-than-expected industrial activity and excess product availability in regional warehouses. Meanwhile, European markets observed slightly firmer prici...