Guerbet Alcohols Market Will Reflect Significant Growth Prospects during 2018-20Posted by Ethan on May 14th, 2019 According to Trends Market Research (TMR) report, the global market for guerbet alcohols is set to cross US$ XX Million by 2025, expanding at over xx% CAGR. In addition, demand for 2-octyldodecanol is expected to be high during 2018 to 2025. 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. On the basis of end users, the personal & cosmetic care is expected to be the dominant segment of the market during the forecast period. In terms of revenues, the segment is projected to account for a significant share of the market between 2018 and 2025. Further, a modest expansion of the cosmetic market is likely to stimulate the production volume of guerbet alcohols. Demand for guerbet alcohols from the cosmetic industry is expected to be the highest. In terms of value, the cosmetic industry is expected to account for over XX% share of the market.
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