Global guerbet alcohols industry is projected to reach USD 1298.85 million USD by 2025

The guerbet alcohols industry was 839.90 million USD in 2017 and is projected to reach USD 1298.85 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.60% between 2017 and 2025.

Publisher: QYResearch

Published Date: 2018/8/31

The Global Guerbet Alcohols Market Research Report 2018 is a professional and in-depth study on the current state of the Guerbet Alcohols market. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets. The guerbet alcohols industry was 839.90 million USD in 2017 and is projected to reach USD 1298.85 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.60% between 2017 and 2025.

The industry is relatively concentration, the key brand include BASF, Sasol, Evonik Industries, Jarchem Industries, New Japan Chemical, Kokyu Alcohol Kogyo, Kisco and so on.

The market expansion of the global guerbet alcohols market is somewhat walled by high prices. Guerbet alcohols are highly priced and most of the manufacturers are based across Europe and North America.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

Click to view the full report: https://www.qyresearch.com/index/detail/320014/global-guerbet-alcohols-market

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