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.
Guerbet alcohols are used as cosmetics ingredients to provide multifunctional properties. They act as a super fattening agent, emulsion stabilizer, perfuming agent, viscosity increasing agent, and binder. Also, due to their hydrocarbon branching, guerbet alcohols exhibit relatively good oxygen permeability, which is an essential property for skin applicants and used to make cosmetics emollients. Moreover, OSHA defines these alcohols to be non-hazardous substances, i.e. they are relatively safer alternatives to some other conventionally used ingredients for cosmetics products.
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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
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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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Key Questions Answered in Report
- How much is the Guerbet Alcohols market worth?
- What will be the demand outlook?
- What was the last 5 year market CAGR?
- What are the key trends of Guerbet Alcohols market?
- What is driving the demand for Guerbet Alcohols?
- What is the market share of top 5 players?
- What are the top 4 countries driving demand?
- What is North America’s market Outlook?
- At what percentage Guerbet Alcohols market is going to register growth in Europe?
- What are the key market statistics in Korea and Japan?
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