Press release
Guerbet Alcohols Market is expected to surpass revenues worth US$ 1.53 Bn by 2031
Guerbet Alcohols Market
The global guerbet alcohols market is estimated to reach US$ 1.53 Bn by the year 2031. The global guerbet alcohols market is expected to witness a CAGR of 4.5% between 2021 and 2031. The ongoing trend is that of growing awareness regarding guerbet alcohol being used for solubility of active ingredients and small particle solids and pigment dispersion. The fact that guerbet alcohol is a good anti-foaming agent is driving the demand for guerbet alcohols.
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New Study Report on "Guerbet Alcohols Market 2022, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2031" has been Added on PMR.
Report Overview
This published report for Guerbet Alcohols Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Guerbet Alcohols Market also offers the previous historical data along with the forecast from 2022 to 2030. The assessment of Guerbet Alcohols Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2030.
Drivers & Constraints
Guerbet Alcohols Market introduces the building blocks of the report with the influence of market dynamics and functioning and a need to understand customer behavior. The increase and decrease in the product/service budget also play an important role in predicting the future growth of Guerbet Alcohols Market. Besides, the high deployment cost of product/service, and other restraints are also pointed out in the report. Guerbet Alcohols Market report also studies the value, volume trends and pricing history of the market so that the pattern and layout are also evaluated for the advanced study of the market over the forecast period.
Key Companies-
• BASF SE Overview
• Sasol Ltd.
• New Japan Chemical Co., Ltd
• Kao Corporation
• Kisco Ltd.
• Kokyu Alcohol Kogyo Co., Ltd
• DowPol Corporation
• Jarchem Industries
• EMCO DYESTUFF P.LTD and more
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Guerbet Alcohol Market: Segmentation
Guerbet Alcohol Market By Application
• Cosmetics & Personal Care
• Metal Processing
• Detergents & Cleaners
• Others
Guerbet Alcohol Market By Product Type
• 2-butyloctanol
• 2-hexyldecanol
• 2-octyldodecanol
• 2-decyltetradecanol
• 2-dodecylhexadecanol
• Others
Guerbet Alcohol Market By Region
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa
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Key Takeaways of Guerbet Alcohol Market Study
• The characteristics exhibited by guerbet alcohols render it to be ideal for use in several novel beauty and personal care products. As such, its use in a wide range of end uses are expected to propel its demand over the forecast period.
• Guerbet alcohol is used as an ingredient in the manufacturing of inks, paints, agriculture products, enhanced oil recovery, and metal working lubricants. These uses are further driving the growth of the global guerbet alcohol market.
• By region, East Asia is projected to be one of the most lucrative and prominent regions in the global guerbet alcohol market during the forecast period, owing to substantial growth of various industries such as automotive and construction.
• Guerbet alcohol is also used as a wetting agent and emulsifier, and as an antistatic in spin finishes in textile industries. It is also used as component for minimum quality lubrication, and as a lubricating component of rolling and stamping oils in metal processing.
"Guerbet alcohol functions as a comparatively less toxic ingredient in the formulation of cosmetic products. Rising disposable income is allowing people to invest more in cosmetics and personal care products, which is aiding market growth," says a PMR analyst.
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