Global Guerbet Alcohols Market Report and Forecast 2024-2032

Global Guerbet Alcohols Market Outlook

The global guerbet alcohols market is expected to grow at a CAGR of 3.80% in the forecast period of 2024-2032.

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The Asia Pacific to Hold a Significant Share of the Global Market for Guerbet Alcohols

The Asia Pacific region is expected to hold a significant share in the global market for guerbet alcohols owing to the rising personal care industry in the region. Rapid urbanisation, as well as the increased demand for personal care products, especially in China, is adding the market growth. The guerbet alcohols industry is expected to grow moderately in Europe and North America because of the mature cosmetic and personal care industries in these regions. Owing to the large customer base in Germany, France, and the rest of Europe, the cosmetics industry in Europe represented a significant share of the market in 2020. Due to the rising investment in the metal processing industry and the growing demand for hair care products, body lotions, as well as deodorants, the guerbet alcohols industry is anticipated to be further catalysed in the coming years.

Guerbet Alcohols: Market Segmentation

Guerbet alcohols are the alcohols derived from the Guerbet reaction, wherein a primary alcohol is converted into its β-alkylated dimer alcohol, losing one equivalent of water. Guerbet alcohols are used in many materials, which require a high degree of liquidity and lubrication. They are commonly used in metal lubrication manufacturing, the release of plastic moulds, paper processing, as well as personal care products. They are commonly used in the production of derivatives and lubricants.

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Based on type, the market can be divided into:

• 2-Butyloctanol
• 2-Hexyldecanol
• 2-Octyldodecanol
• 2-Decyltetradecanol
• 2-Dodecylhexadecanol
• Others

Guerbet alcohols finds wide applications in the following segments:

• Cosmetics and Personal Care
• Metal Processing
• Detergents and Cleaners
• Textile
• Paints and Coatings
• Others

The regional markets for guerbet alcohols can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rising Demand from the Personal Care Industry Bolstering the Market Growth of Guerbet Alcohols

The guerbet alcohols industry is expected to witness increased demand for cosmetics and personal care products during the forecast period. Guerbet alcohols, due to their excellent oxidative stability, are commonly used in a variety of cosmetics and personal care products. The growth of the personal care industry in merging regions, combined with higher disposable incomes and standards of living, is further catalysing the market growth. The demand for guerbet alcohols has significantly increased among the consumers due to its excellent chemical stability.  Such alcohols have strong solvent properties for active ingredients that contain different chemical products. The rising demand for guerbet alcohol-based ethoxylates is further supporting the market growth. Guerbet ethoxylates are emerging as a more effective and safer alternative to octylphenol ethoxylates (OPEs), which are widely used in industries like paints, textiles, coatings, and paper industries. While the recent COVID-19 pandemic has adversely affected the overall chemical industry, the guerbet alcohols industry is still likely to witness growth opportunities due to the heightened demand for hand sanitisers and disinfectants.

Key Industry Players in the Global Guerbet Alcohols Market

The report gives a detailed analysis of the following key players in the global guerbet alcohols market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• BASF SE
• Sasol Ltd
• Jarchem Industries Inc.
• New Japan Chemical Co., Ltd
• Kisco Ltd.
• DowPol Corporation
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report