4. Industrial Applications Beyond its use in food and personal care products, sodium benzoate is also utilized in industrial settings, including as a corrosion inhibitor in the manufacturing of plastics and as a stabilizer in certain chemical reactions.
Looking ahead, prices may continue to rise or stabilize based on how global economic conditions evolve, particularly in relation to fuel prices and agricultural product availability. Innovations in production techniques and alternative sourcing of raw materials, such as bioethanol from waste products, may also influence future prices.