Guerbet Alcohol Market Overview: 2022, Detailed Analysis by Size, Revenue Growth, and Development Strategies
Guerbet alcohols are a class of organic compounds with the general formula (CH3)2n-1CH(OH)CH2OH, where n is an integer that determines the number of carbon atoms in the molecule. They are also known as 2-alkyl alcohols or 2-butyl alcohols, depending on the number of carbon atoms. These compounds are oily liquids that are insoluble in water but soluble in organic solvents such as ethanol, benzene, and toluene. They have a high boiling point, making them useful as solvents for high-temperature reactions. Guerbet alcohols also have surface activity and can act as emulsifiers, making them useful in cosmetics and personal care products.
Guerbet alcohols have a wide range of industrial applications, including use as solvents, lubricants, and additives in paint and coatings, inks, and polymers. They have also been investigated for use as biofuels and fuel additives due to their high energy content and low freezing points.
Key players operating in the global guerbet alcohol market are BASF SE, Sasol Ltd, New Japan Chemical Co., Ltd., Kisco Ltd., Kokyu Alcohol Kogyo Co., Ltd., and DowPol Corporation
The market for Guerbet alcohols has been growing steadily over the past few years, and is expected to continue to grow in the coming years. The increasing demand for high-performance solvents, lubricants, and emulsifiers in a variety of end-use industries is one of the key drivers of this growth.
The paint and coatings industry is one of the largest consumers of Guerbet alcohols, where they are used as solvents and additives to improve the performance of coatings, including increased gloss, improved leveling, and reduced viscosity. In addition, the growing demand for environmentally friendly coatings is expected to drive the demand for Guerbet alcohols as they are biodegradable and have a lower environmental impact compared to traditional solvents.
The personal care and cosmetic industry is another major market for Guerbet alcohols, where they are used as emulsifiers, co-emulsifiers, and solubilizers in a variety of products such as creams, lotions, and hair care products. The growing demand for natural and organic personal care products is expected to further drive the demand for Guerbet alcohols as they are derived from renewable resources and are considered to be more environmentally friendly compared to synthetic ingredients.
Geographically, the Asia-Pacific region is expected to be the largest market for Guerbet alcohols due to the increasing demand from end-use industries such as paint and coatings, personal care, and pharmaceuticals. North America and Europe are also significant markets for Guerbet alcohols due to the increasing demand for high-performance solvents and the growing trend towards environmentally friendly products.
The demand for Guerbet alcohols has been increasing in recent years, driven by several factors such as their unique properties, versatility, and environmentally friendly characteristics. Guerbet alcohols are increasingly being used as a substitute for traditional solvents and emulsifiers in various industries, including:
Paints and coatings: Guerbet alcoholsare used as solvents and coalescing agents in the production of water-based coatings. They are preferred over traditional solvents due to their low toxicity and low VOC (volatile organic compound) content, making them more environmentally friendly.
Personal care and cosmetics: Guerbet alcohols are used as emollients, emulsifiers, and viscosity regulators in various personal care products, including skin creams, lotions, and shampoos. They are preferred over traditional emulsifiers due to their biodegradability and low skin irritation potential.
Pharmaceuticals: Guerbet alcohols are used as solvents and drug delivery agents in pharmaceuticals due to their high solubility and low toxicity.
Industrial lubricants: Guerbet alcohols are used as base oils in the production of high-performance lubricants due to their low volatility and excellent lubricity.
The demand for Guerbet alcohols is expected to continue to grow in the coming years, driven by the increasing demand for environmentally friendly and sustainable products. As consumers become more aware of the environmental impact of traditional chemicals, there is a growing trend towards the use of bio-based and renewable chemicals, such as Guerbet alcohols, which are derived from renewable resources and have a lower environmental impact.
Furthermore, the increasing demand for high-performance and specialty chemicals is expected to drive the demand for Guerbet alcohols, as they offer unique properties and advantages over traditional solvents and emulsifiers. Overall, the demand for Guerbet alcohols is expected to grow in the coming years, driven by their versatile applications and sustainable characteristics.
