Guerbet Alcohols Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com

According to a new report by Expert Market Research, ‘Global Guerbet Alcohols Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, the Guerbet Alcohols Market size is projected to reach USD 1384.7 million by 2026, from USD 998.5 million in 2020, at a CAGR of 5.6%

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Competitive Landscape & Supplier Analysis:

BASF SE (OTCMKTS: BASFY)

Sasol Ltd (NYSE: SSL)

Jarchem Industries Inc.

New Japan Chemical Co., Ltd (TYO: 4406)

Kisco Ltd. (KRX: 001940)

DowPol Corporation

Others

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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.

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These advanced products have extended functionalities such as anti-aging solutions, UV rays shielding, anti-oxidation, moisturizing and also help in skin cleansing. Guerbet alcohols are safer alternatives for other chemical cosmetic ingredient, therefore, they have gained higher preference amongst various cosmetic manufacturing companies. Essential qualities found in guerbet alcohols are helping them gain an edge over other cosmetic ingredients. Besides that, they possess excellent fragrance and are good flattening agents making them an apparent choice for cosmetic manufacturers across the globe. However, high-cost of guerbet alcohols production and requirement of intensive preparation procedures are two of the major negative factors are likely to inhibit the market growth over the forecast period. PMR indicates that the overall girth of the global market will grow during the projected period. Various positive trends are anticipated to drive the market growth.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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