Published by Coherent Market Insights
Posted on September 21, 2021
Guerbet alcohols are highly branched alcohols that have lower melting points than linear alcohols which makes them ideal for personal care, plastic molds, processing of paper, and metal lubrication application. Due to its low volatility, it is widely used for the production of liquid and lubricant derivatives. Moreover, it is also used as fattening agents and emulsion stabilizer across various end-user industries. This alcohol has excellent solvent properties for active ingredient composed of different chemicals. Furthermore, the cosmetic industry it is used to prepare antiperspirants, deodorants, and hair removal formulations.
The global guerbet alcohol market is projected to reach US$ 1500 million by the end of 2027, in terms of revenue, growing at CAGR of 5.8% during the forecast period (2019 to 2027).
Top Key Players in Guerbet Alcohol market: BASF SE, Sasol Ltd, New Japan Chemical Co., Ltd., Kisco Ltd., Kokyu Alcohol Kogyo Co., Ltd., and DowPol Corporation
Regional Analysis For Guerbet Alcohol Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Guerbet Alcohol market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising demand for guerbet alcohols thanks to its multifunctional cosmetics products like cleansing, anti-aging, anti-oxidant, moisturizing and UV protection is predicted to propel the market growth of guerbet alcohols. Moreover, guerbet alcohols even have an excellent fattening agent, perfuming agent, emulsion stabilizer, viscosity increasing agent, and binder property which is further anticipated to boost its demand from the cosmetic industry.
The high cost of guerbet alcohols due to comprehensive conversion during the dimerization process of alcohol is projected to hinder the market growth of guerbet alcohols. The production process of high purity guerbet alcohols is a multi-step process which includes oxidation of alcohol to aldehyde followed by aldol condensation, addition, and subsequent dehydration and which are then hydrogenated to saturate alcohol.
Side-effects associated with the cosmetic product that incorporates 2-octyldodecanol as few tests have shown skin irritation is expected to hinder the market growth. Moreover, studies have also shown that application of 2-octyldodecanol based cosmetic products have led to irritation in the eyes. Aforementioned factors are expected to restrict the market growth of guerbet alcohols over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Guerbet Alcohol market global industry size, growth, emerging trends and business opportunities appeared first on Gatorledger.
Guerbet alcohols are highly branched alcohols that have lower melting points than linear alcohols which makes them ideal for personal care, plastic molds, processing of paper, and metal lubrication application. Due to its low volatility, it is widely used for the production of liquid and lubricant derivatives. Moreover, it is also used as fattening agents and emulsion stabilizer across various end-user industries. This alcohol has excellent solvent properties for active ingredient composed of different chemicals. Furthermore, the cosmetic industry it is used to prepare antiperspirants, deodorants, and hair removal formulations.
The global guerbet alcohol market is projected to reach US$ 1500 million by the end of 2027, in terms of revenue, growing at CAGR of 5.8% during the forecast period (2019 to 2027).
Top Key Players in Guerbet Alcohol market: BASF SE, Sasol Ltd, New Japan Chemical Co., Ltd., Kisco Ltd., Kokyu Alcohol Kogyo Co., Ltd., and DowPol Corporation
Regional Analysis For Guerbet Alcohol Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Guerbet Alcohol market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising demand for guerbet alcohols thanks to its multifunctional cosmetics products like cleansing, anti-aging, anti-oxidant, moisturizing and UV protection is predicted to propel the market growth of guerbet alcohols. Moreover, guerbet alcohols even have an excellent fattening agent, perfuming agent, emulsion stabilizer, viscosity increasing agent, and binder property which is further anticipated to boost its demand from the cosmetic industry.
The high cost of guerbet alcohols due to comprehensive conversion during the dimerization process of alcohol is projected to hinder the market growth of guerbet alcohols. The production process of high purity guerbet alcohols is a multi-step process which includes oxidation of alcohol to aldehyde followed by aldol condensation, addition, and subsequent dehydration and which are then hydrogenated to saturate alcohol.
Side-effects associated with the cosmetic product that incorporates 2-octyldodecanol as few tests have shown skin irritation is expected to hinder the market growth. Moreover, studies have also shown that application of 2-octyldodecanol based cosmetic products have led to irritation in the eyes. Aforementioned factors are expected to restrict the market growth of guerbet alcohols over the forecast period.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Guerbet Alcohol market global industry size, growth, emerging trends and business opportunities appeared first on Gatorledger.
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