Global Guerbet Alcohols Industry (2020 to 2027) - Market Trends & Drivers

By Benzinga8 days ago

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Dublin, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The “Guerbet Alcohols - Global Market Trajectory & Analytics“ report has been added to ResearchAndMarkets.com's offering.

Global Guerbet Alcohols Market to Reach $1.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Guerbet Alcohols estimated at US$997.7 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. 2-butyloctanol, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$283.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 2-hexyldecanol segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U. S. Market is Estimated at $269.3 Million, While China is Forecast to Grow at 6.4% CAGR

The Guerbet Alcohols market in the U. S. is estimated at US$269.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$265.4 Million by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. ...

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