#Global N-propanol Market Analysis

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Propanol Market Analysis: Key Challenges and Opportunities

Growing Demand in Pharmaceuticals, Solvents, and Chemical Intermediates Drives Growth in the Propanol Market.

The Propanol Market size was valued at USD 3.85 Billion in 2023 and is expected to reach USD 6.34 Billion by 2032, growing at a CAGR of 5.70% over the forecast period of 2024-2032.

The global Propanol Market is experiencing steady growth due to its widespread application in industries such as pharmaceuticals, paints & coatings, personal care, and chemicals. Propanol, which exists in two isomeric forms—n-propanol and isopropanol—is widely utilized as a solvent, disinfectant, and intermediate in various manufacturing processes. With increasing industrialization and rising demand for eco-friendly solvents, the propanol market is expected to witness significant expansion over the coming years.

Key Players in the Propanol Market:

ExxonMobil (Isopropyl Alcohol, Propyl Acetate)

Shell Chemicals (Isopropanol, N-Propanol)

Dow Inc. (Isopropyl Alcohol, Propanol PG)

Sasol Limited (IPA 99, Propanol 2)

BASF SE (Isopropanol, n-Propanol)

Tokuyama Corporation (IPA Toku, Propanol-S)

Eastman Chemical Company (Eastman Isopropanol, Eastman Propanol)

Mitsui Chemicals Inc. (IPA Pure, PropyloChem)

Solvay (Isopropanol 99, n-Propanol Ultra)

KH Chemicals (Isopropyl Alcohol 70%, Propanol 1)

Future Scope:

The propanol market is poised for substantial growth, driven by increasing applications in pharmaceutical formulations, hand sanitizers, and industrial cleaners. The rising emphasis on sustainable chemical production and the transition towards bio-based propanol variants are also expected to create new opportunities in the market. Asia-Pacific, particularly China and India, is anticipated to dominate the market owing to rapid industrialization and expanding end-user industries.

Emerging Trends:

The propanol market is witnessing notable shifts towards sustainable and high-performance solvent solutions. The rising demand for bio-based propanol, particularly in Europe and North America, is pushing manufacturers to innovate. Additionally, the increasing use of isopropanol in medical and healthcare applications, especially in sanitizers and antiseptics, continues to drive market growth. Technological advancements in green production processes and strategic collaborations among key players are further shaping the future landscape of the industry.

Key Market Points:

Rising demand for pharmaceutical and personal care applications boosting market expansion.

Increasing adoption of bio-based propanol as an eco-friendly alternative.

Asia-Pacific remains the fastest-growing market, led by China and India.

Growth in industrial solvents, coatings, and printing inks usage driving demand.

Market players focusing on strategic mergers, acquisitions, and innovations to strengthen their position.

Conclusion:

The Propanol Market is on a strong growth trajectory, driven by increasing industrial demand, sustainability initiatives, and advancements in bio-based chemicals. As key industries such as healthcare, pharmaceuticals, and coatings continue to expand, the market is expected to present lucrative opportunities for manufacturers and investors alike. With a focus on innovation and sustainable solutions, the industry is set to witness dynamic growth in the coming years.

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n-Propanol Prices: During the first quarter of 2024

n-Propanol Prices, also known as 1-propanol or propyl alcohol, is a crucial chemical compound utilized in various industries, including pharmaceuticals, cosmetics, and chemical synthesis. The pricing dynamics of n-Propanol are influenced by a myriad of factors, spanning from supply and demand fluctuations to raw material costs and market trends. Understanding the intricacies of n-Propanol pricing requires a comprehensive analysis of these variables.

One significant determinant of n-Propanol prices is its production process, which typically involves the hydration of propylene or the hydrogenation of propionaldehyde. The availability and cost of these raw materials play a pivotal role in shaping the final price of n-Propanol. Fluctuations in the prices of propylene or propionaldehyde due to factors like changes in crude oil prices or supply disruptions can directly impact the cost of n-Propanol production, thereby influencing its market price.

Market demand is another critical factor influencing n-Propanol prices. The versatile nature of n-Propanol as a solvent, intermediate, and disinfectant renders it indispensable across various industries. Pharmaceutical and cosmetic sectors rely heavily on n-Propanol for the manufacture of medicines, personal care products, and perfumes. Moreover, its use as a solvent in the production of printing inks, coatings, and adhesives further bolsters demand. Consequently, fluctuations in demand from these industries can exert significant pressure on n-Propanol prices.

Get Real Time Prices of n-Propanol: https://www.chemanalyst.com/Pricing-data/n-propanol-1182

Supply dynamics also contribute to the volatility of n-Propanol prices. Production capacities, geographical distribution of manufacturers, and logistical constraints all play a role in determining supply levels. Additionally, factors such as plant shutdowns, maintenance activities, or unforeseen events like natural disasters can disrupt supply chains, leading to supply shortages and subsequent price spikes. Conversely, periods of oversupply may occur due to increased production capacities or reduced demand, resulting in downward pressure on prices.

Global economic conditions and geopolitical events can have far-reaching implications for n-Propanol prices. Economic downturns may dampen industrial activity, leading to reduced demand for n-Propanol and downward pressure on prices. Conversely, economic growth and industrial expansion can stimulate demand, driving prices upwards. Geopolitical tensions, trade disputes, or regulatory changes can also disrupt supply chains, introduce trade barriers, or impose tariffs, thereby impacting n-Propanol prices.

Environmental and regulatory factors contribute to the pricing dynamics of n-Propanol as well. Stringent environmental regulations governing the production, handling, and disposal of chemicals can increase compliance costs for manufacturers, potentially leading to higher prices. Additionally, regulations pertaining to health and safety standards may necessitate investments in infrastructure or technology upgrades, further influencing production costs and, consequently, prices.

Market sentiment and speculative activities also play a role in n-Propanol price fluctuations. Perceptions regarding future supply-demand dynamics, industry trends, or macroeconomic indicators can influence investor behavior and trading activities, leading to price volatility. Moreover, speculative trading in commodity futures markets can amplify price movements, exacerbating both upward and downward trends in n-Propanol prices.

In conclusion, the pricing of n-Propanol is a complex interplay of various factors, including production costs, supply and demand dynamics, market conditions, regulatory environment, and investor sentiment. Understanding these factors and their interactions is essential for stakeholders in the n-Propanol market to make informed decisions and navigate the inherent volatility of this chemical's pricing landscape.

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n-Propanol Prices Trend, Monitor, News & Forecast | ChemAnalyst

n-Propanol prices, indicative of the cost of this chemical compound, are subject to fluctuations driven by various factors such as global market dynamics, industrial demand, and production costs. Understanding these price movements entails a comprehensive analysis of supply and demand dynamics, regulatory changes, and macroeconomic indicators.

The pricing of n-Propanol is significantly influenced by the balance between supply and demand within industries such as pharmaceuticals, cosmetics, coatings, and chemical manufacturing. n-Propanol, also known as 1-propanol or propyl alcohol, serves various purposes including solvent in pharmaceutical formulations, ingredient in cosmetics and personal care products, and intermediate in chemical synthesis. Disruptions in the supply chain, such as fluctuations in raw material availability, manufacturing capacity, or transportation logistics, can affect the availability and cost of n-Propanol, thereby influencing its market price.

Industrial demand plays a pivotal role in determining n-Propanol prices. Industries such as pharmaceuticals, cosmetics, and coatings rely heavily on n-Propanol for its solvent properties and versatility. Fluctuations in demand from these sectors, influenced by factors such as consumer preferences, regulatory requirements, and economic conditions, can lead to price volatility for n-Propanol.

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Raw material costs significantly impact n-Propanol prices. The price of raw materials such as propylene and hydrogen, which are used in n-Propanol production, can fluctuate due to changes in global supply and demand dynamics, energy costs, and regulatory factors. Any significant increase in raw material costs can translate into higher production costs for n-Propanol manufacturers, thereby exerting upward pressure on prices.

Macroeconomic indicators, such as GDP growth, consumer spending, and industrial output, can indirectly affect n-Propanol prices by influencing overall demand for products containing n-Propanol. Economic downturns or slowdowns in major manufacturing regions may lead to decreased demand and downward pressure on prices. Conversely, robust economic growth and increased consumer spending can support higher prices for n-Propanol by stimulating demand for pharmaceuticals, cosmetics, and coatings.

Regulatory changes and quality standards also play a role in shaping n-Propanol prices. Government regulations on product safety, chemical handling, and environmental protection can impact production costs and market access for n-Propanol manufacturers. Compliance with these regulations may require investments in technology and process improvements, influencing pricing dynamics.

Looking ahead, several factors are expected to continue influencing n-Propanol prices. Continued growth in sectors such as pharmaceuticals, cosmetics, and coatings, coupled with increasing demand for environmentally friendly and versatile solvents, is likely to drive sustained demand for n-Propanol. Moreover, advancements in manufacturing technologies and changes in regulatory landscapes could lead to changes in market dynamics and price levels for n-Propanol.

In conclusion, n-Propanol prices are subject to a complex interplay of factors including supply and demand dynamics, industrial trends, raw material costs, regulatory changes, and macroeconomic indicators. Stakeholders in the pharmaceuticals, cosmetics, coatings, and chemical manufacturing industries must closely monitor these factors to anticipate price movements and make informed decisions. As industries evolve and regulatory requirements change, navigating the dynamic landscape of n-Propanol pricing will remain a key challenge for industry participants.

Get Real-Time n-Propanol Prices : https://www.chemanalyst.com/Pricing-data/n-propanol-1182 

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Propanol Market Share, Growth, Size, Opportunity, Status, Forecast, and Demand Analysis 2030

Insight Partners provides investors with a comprehensive study of the Propanol industry from the perspective of entrepreneurs in their most recent research report, "Propanol Market Statistics and Industry Analysis| 2030" Examining current market conditions yields insightful information for businesses.

It would be a company recipe for success to choose a Propanol market research since consumer-centric firms often provide higher returns on investment. Making a small batch of items won't be enough, given the intense competition in the Propanol industry. Businesses may estimate a product's potential and success with the use of market research.

Market Dynamics- Drivers, Restraints, Opportunities, Threats

This chapter examines many factors, including opportunities, risks, constraints, and drivers, that define the Propanol market. Innovations are encouraged by true market determinants. This section focuses on the distribution of business activity and the variables that affect growth. A vast array of Propanol market-specific data is provided, enabling a preliminary assessment of market potential.

1) Competitive Comparison Matrix – Key market players and strategies

Key companies in the Propanol market are- BASF SE, Eastman Chemical Company, Exxon Mobil Corporation, LCY GROUP, LG Chem, OXEA GmbH, Royal Dutch Shell plc, Sasol Limited, The Dow Chemical Company, Tokuyama Corporation. The goal of this market research chapter in Propanol is to provide businesses with a competitive comparison matrix. This section provides a comprehensive overview of rivals' business strategies and scale-ups. Businesses can use in-depth market research and target market insights to identify rivals' alternatives. Through studying rivals' offers, businesses might find new market segments and sales channels.

2) Industry Specific COVID-19 Impact Analysis

The pandemic of covid-19 caused a slowdown in startup ecosystems and businesses throughout the globe were affected. Companies suffered from a lack of capital and funds. Shortage of supplies and dependency on global networks resulted in gaps in production. Many businesses come up with new contingency plans to ensure their survival.

The wide-reaching pandemic has caused considerable disruption to economies and enterprises, as well as several hitherto unheard-of issues. Nevertheless, the full extent of the pandemic's influence is still unknown, and further in-depth longitudinal research is needed to fully explore this matter. Consequently, the purpose of this section is to shed light on the difficulties and possibilities that may arise in the new normal while keeping the pandemic in mind.

3) Segmentation of Propanol Market

The Insight Partners elaborate details on each segment associated with the Propanol market. This chapter sheds light on key segments such as product type, end-use, and regions where companies can invest and expect high ROIs in the coming decade.

Propanol Market Segmentation

Based on Type of Propanol Market Research report:

Isopropanol

N-Propanol

Based on Application of Propanol Market Research report:

Direct Solvent

Chemical Intermediate

Household and Personal Care

Pharmaceutical

Others

Based on Regions:

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

Rest of the World…

Where this market research can help your business to grow?

Insights on resource planning and business value proposition.

Marketing and positioning strategies for new entrants in Propanol market

Leading companies and their growth strategies

Key market segments such as regions, products, and end-use industries

Latest market developments and trends

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Rise in Demand from Pharmaceutical & Beverage Industries Expected to Drive Global N-Propanol Market: Ken Research

Rise in Demand from Pharmaceutical & Beverage Industries Expected to Drive Global N-Propanol Market: Ken Research

N-propanol or n-propyl alcohol is a straight chain three-carbon oxoalcohol. It is a colorless medium boiling liquid, which is widely used in flexo and other printing ink applicationsIt has a very mild ethanol-like odor and is completely soluble in water. It is generally used in organic synthesis, as a chemical intermediate and as a coating-solvent. Owing to its unique properties, N-propanol forms…

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Global N-Propanol Market Analysis 2019 - 2023: Zibo Nalcohol Chemical Co.Ltd, Eastman, BASF and OXEA

Global N-Propanol Market Analysis 2019 – 2023: Zibo Nalcohol Chemical Co.Ltd, Eastman, BASF and OXEA

Global N-Propanol Marketelaborates the complete details covering product definition, product type, key companies, and application. The report covers useful details which are categorized based on n-propanol production region, major players, and product type which will provide a simplified view of the n-propanol industry. The n-propanol market report presents the competitive scenario of the major…

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Global N-propanol Market Outlook (2018-23): Eastman, BASF, Dow and OXEA

Global N-propanol Market Outlook (2018-23): Eastman, BASF, Dow and OXEA

Global N-propanol Market 2018 presents a top to bottom, and expert analysis of the market likewise characterizes the present market inclines, estimate, development rate and order of the business based on Types, Application, N-propanol key players and critical areas. The N-propanol report outlines the worldwide market experiences that are key drivers for the development of the N-propanol deals…

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Propanol Market Outlook, Growth by Key players, Manufacturing Process, Application, Driver, Trends & Forecasts by 2028

Major aspects that fuel the market growth are discussed in this illustrative Propanol Market research such as prospective, driving, restraining factors, latest trends and key advancements. Newly entering key players into the marketplace will obtain huge assistance by referring this Propanol Market study report as it carries out detailed industry study along with depicting latest developments in the industrial sectors. Significant data provided here is of huge assistance for industry players to obtain detailed assessment of the market competition for the prediction period 2023-2028. By knowing competition for the upcoming period, key players can introduce novel products into the market and obtain huge profits in the business. It further catches data about market share, market tactics and industry volume.

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This Propanol Market research enables to target specific products into the market and enhance the revenue rate of the business. It further helps to know more about global market position in major regions of the globe such as Europe, Asia Pacific, North America, Latin America, Middle East and Africa. It further aims to provide a comprehensive presentation of the market strategies and entire market scenario. Some of the crucial factors are highlighted in this Propanol Market report include continuously evolving consumer, buyer and vendor needs, key pricing structure, customer data, their preferences and buying attitude.

Top Players of Propanol Market

The following are the key players in the Propanol Market.

BASF SE

Eastman Chemical Company

Exxon Mobil Corporation

JXTG Holdings, Inc.

LCY Chemical Corp.

LG Chem Ltd.

Royal Dutch Shell Plc

Sasol Limited

The Dow Chemical Company

Tokuyama Corporation

Growth drivers and Market Value:

This report, from Stratview Research, studies the Propanol Market value and growth drivers over the trend period of 2023-28. According to the report -

Propanol market is likely to witness a CAGR of 3.9% during the forecast period. Major factors such as fire-resistant properties of propanol and its high durability with easy maintenance are driving the growth of the market. Further, propanol’s ability to help enhance the appearance of internal & external walls significantly influences its impact during the forecast period.

Segment Analysis:

Based on Application Type:

Based on the application type, the propanol market is segmented as isopropanol applications and N-propanol applications. The isopropanol application segment is estimated to lead the market as isopropanol is used as a direct solvent in various products such as paints & coatings, cosmetics, and pharmaceuticals which are gaining traction in automotive, healthcare, construction, and beauty care industries.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for propanol during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the region can be attributed to rise in population and increasing spending power of people, which is giving rise to growth of automotive, construction, pharmaceutical, and household & personal care industries, leading to increasing usage of propanol in the region. Also, North America and Europe are expected to offer substantial growth opportunities over the forecast period.

Know more about the report, click here –

This Propanol Market study report catches the impact of novel developments on the future market progress. There are a number of major industries already began adopting novel procedures, new headways, extensions, mergers and novel product launches to survive in the market and drive the business growth. It becomes easy for new players to rule the market and increase the product collection with this market research analysis. It focuses on major market segments. This Propanol Market analysis is an effective tool to capture the COVID-19 impact on market developments and business growth. It also enables to explore through important insights such as latest market advancements, current market scenario, novel opportunities, challenges and market drivers.

Making sound and calculated decision for the benefit of business is important and this Propanol Market report works as the best guide to help in this regard. It also enables to gauge through key competitors of the market and thorough analysis of the business scenario. Significant data gathered here is from interviews with leading business experts and primary research. Advanced data as well as statistics related to global market environment is also depicted in this market analysis.

Key features of the report -

Qualitative and Quantitative market research

Opportunity analysis

Market Assessment

Competitive Landscape

Industry best practices assessment

Product Research & Revenue Estimations

Market Trend Analysis

Report Customization Options

Stratview Research, one of the global market research firms, offers free customization and custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to the team.

Email at - sales@stratviewresearch.com

Connect with the analysts at - +1-313-307-4176

[data-bridge]

Propanol Market Industry Share, Size, Growth, Demands, Revenue, Top Leaders and Forecast to 2029

Industry Analysis

Data Bridge Market Research analyses that the propanol market will witness a CAGR of 4.0% for the forecast period of 2022-2029. Propanol market study analyses the growth caused by the increasing use of propanol in the chemical and cosmetic industries. As propanol is used as a solvent in the paint and coating industries, the market for propanol is growing.

Additionally, the credible Propanol Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Chemical and Materials industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

 

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Market Insights and Scope    

Industrial propanol are cleaning agents that are commonly used to remove dirt, wax, tar, oil, grease, paints, abrasive dust, corrosive products, and other water-insoluble substances. Industrial propanol protects machines from corrosion, contamination, and damage, as well as extends machine life by removing stains from surfaces. Hydrocarbon solvents such as gasoline, kerosene, xylene, and white spirit are used to make more efficient propanol. 

The Propanol Market report encompasses various segments linked to Chemical and Materials industry and market with comprehensive research and analysis. These comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. All the data, figures and information are backed up by well recognized analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take business to the peak level of growth with the all-inclusive Data Bridge Market research report.

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-propanol-market

Industry Segmentation and Size

Propanol market is segmented on the basis of type, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of type, the propanol market is segmented into isopropanol and n-propanol

On the basis of application, the propanol market is segmented into chemical intermediates, pharmaceuticals, industrial solvents and others.

On the basis of end user industry, the propanol market is segmented into pharmaceuticals, chemicals, personal care, printing inks, paints and coatings, and other end-use.

 

Market Country Level Analysis

The countries covered in the propanol market report are

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

A reliable Propanol Market marketing report proves to be the finest and excellent market research report as it is formulated with the following critical factors. These consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. The report performs market study and analysis to provide market data by considering new product development from beginning to launch. The Chemical and Materials business report also provides evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

 

Industry Share Analysis

Some of the major players operating in the propanol market are

Dow, Bayer AG, DuPont, BASF SE, Royal Dutch Shell Plc., Eastman Chemical Company, Mitsui Chemicals Inc., China National Petroleum Corporation, Zhejiang Xinhua Chemical Co Ltd., LG Chem Ltd., Oxea GMBH, LCY Chemical Corp., ISU Chemical Co Ltd., Carboclor S.A., Exxon Mobil Corporation., JX Nippon Oil & Gas Exploration Corporation, OQ Chemicals GmbH, Tokuyama Corporation and Zhejiang NetSun Co., among others.

 

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N-Propanol Market Pegged for Robust Expansion by 2031 | Type, Application, Scope & Key Companies | Royal Dutch Shell Plc, The Dow Chemical Company, ExxonMobil Chemical Company

Global N-Propanol Market report from Global Insight Services is the single authoritative source of intelligence on N-Propanol Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

N-Propanol is an organic compound with the chemical formula C3H8O. It is a clear, colorless liquid with a characteristic odor. It is a volatile, flammable, and slightly toxic compound. N-Propanol is used as a solvent, antifreeze, and cleaning agent. It is also used in the manufacture of plastics, resins, and explosives.

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Key Trends

There are a few key trends in N-Propanol technology. One is the move towards more sustainable production methods. This can be done through the use of renewable feedstocks, such as biomass, or through the use of more efficient production processes that generate less waste.

Another trend is the development of new applications for N-Propanol. This includes its use as a solvent in various industries, as well as its use as an additive in fuel and lubricants.

Key Drivers

The key drivers of N-Propanol market are its low toxicity, low flammability, and high solvency. Additionally, N-Propanol is a clear, colorless liquid with a slightly sweet odor. It is miscible with water and has a boiling point of 97.2°C and a freezing point of -88.6°C. N-Propanol is used in a variety of applications including as a solvent, in the production of plastics, as ifreeze, and in the cosmetics and pharmaceutical industries.

Market Segments

By Type:

Isopropanol

N-Propanol

By Application:

Direct Solvent

Chemical Intermediate

Household and Personal Care

Pharmaceutical

By Region

North AmericaThe U.S.

Canada

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Key Players

Royal Dutch Shell Plc

The Dow Chemical Company

ExxonMobil Chemical Company

Sasol Limited

BASF SE

Eastman Chemical Company

Mitsui Chemicals, Inc

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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[chemanalyst]

N-Propyl Acetate Market is Estimated to Grow at a CAGR of 4.07% by 2030 | ChemAnalyst

According to ChemAnalyst report, “N-Propyl Acetate Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”.  N-Propyl Acetate market is growing exponentially over the last few years and is anticipated to accomplish a CAGR of 4.07% in the forecast period as it extensively used in paints and coatings as a solvent. N-propyl acetate is volatile, colorless, highly flammable, toxic liquid, synthesized by the esterification of acetic acid and 1-propanol. It is miscible with many common solvents, eg alcohols, ketones, aldehydes, ethers, glycols and glycol ethers, but it is only sparingly soluble in water.

Explore full report with table of contents: https://www.chemanalyst.com/industry-report/n-propyl-acetate-market-612

N-Propyl Acetate comes in different grades including reagent and technical grade, agricultural and pharmaceutical grade, and optical grade. Owing to its properties like high volatility, mild odor and miscibility with most of the organic solvents, it finds application in various areas including paints and coatings, flexographic, printing inks, fragrances, cosmetics, food and beverages, pharmaceuticals and others. The N-Propyl Acetate market is bifurcated into Purity≥99.5% and Purity≥ 99.0%. The purity≥ 99.0% segment holds the largest market share. Growing demand for paints and coatings from various industries coupled with the increasing usage in food and beverage industry is expected to drive the demand of N-Propyl Acetate during the forecast period. Another factor of great significance is that the solvent power and the ability to thin other chemicals or organic compounds of n-propyl acetate are comparable to those of ethyl acetate. Owing to this, it dissolves many natural and synthetic resins (eg cellulose nitrate, acrylates, alkyd resins, rosin, plasticizers, waxes, oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period. oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period. oils and fats) and is thus an eminently suitable solvent for wood lacquers and industrial finishes. Moreover, increased production capacity additions including the capacity expansion by Showa Denko KK are likely to create opportunities in the n-propyl acetate market during the forecast period.

COVID-19 Impact:

Due to COVID-19 pandemic, there is a decline in the demand of N-Propyl Acetate as most of the industries have been greatly impacted, including chemical industries during the lockdown due to the imposition of lockdown in the major economies. There was a disturbance in the supply and value chain which negatively affect the N-Propyl Acetate market. However, after relaxation in lockdowns, an improvement is seen as industries begin to operate their manufacturing units at maximum efficiencies.

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Regional Outlook:

Region wise, Asia Pacific region holds the major share of global demand for n-propyl acetate owing to growing demand for paints and coatings. Increasing population, Rapid industrialization and undergoing construction in the region specially, in China and India N-propyl market finds a significant place. Many industries involve in paints and coatings are investing in the region to set up their manufacturing plants due to the growing construction and automobile sector here, that consequently uplifting the production capacity of N-Propyl Acetate in Asia Pacific.

Major Players:

BASF Group

Du Pont Inc.

DOW

Eastman Chemical Company

Solvay SA

Showa Denko KK

Sankyo Chem.

Daicel

Sasol corporation

Shiny Chemical industrial Co. ltd.

Zibo Nuoao Chem. Co. Ltd.

Wujiang Shuguang  Chemical  Ltd.

Ningbo Yongshun and Tosoh corporation.

N-Propyl Acetate is a versatile chemical, used in various chemical industries as solvent or as an intermediate to manufacture natural and synthetic resins. Major applications of N-propyl Acetate include Paints and Coatings coupled with cosmetics, pharmaceuticals and in the preparation of lacquers as a solvent. Growth in construction, healthcare and automobile sectors is expected to directly upsurge the demand for N-Propyl Acetate in the forecast period.” Said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Browse Related Reports

India Ethanol Market Research Report:https://www.chemanalyst.com/industry-report/india-ethanol-market-80

N-Butanol Market Research Report: https://www.chemanalyst.com/industry-report/n-butanol-market-618

About ChemAnalyst

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

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Propanol Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2029

This is the main factor as to why the global propanol market is estimated at US$ 3,099.4 Mn in 2022, and is projected to experience steady growth during the forecast period of 2022-2029. East Asia will see the most opportunities for manufacturers over the period of forecast, with pharma- and electronic-grade isopropanol experiencing increasing sales.

Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline.

East Asia Set to Become Self-sufficient in Propanol

In the year 2014, the capacity base of propanol in East Asia surpassed that of North America, primarily following the start of several new facilities in China and South Korea. During the period of 2014-2021, massive addition in capacity has made China a prominent producer in Asia Pacific.

In China, future import volumes are expected to decline as the country moves towards self-sufficiency. Globally, oversupply of propanol has constricted its growth and demand. At present, the total global production capacity of propanol stands at around 3,400 KT, with approximately 60% utilization rate.

Looking for More Information?

A new market report on propanol published by Future Market Insights brings to the fore a pin-point analysis of the propanol market, and offers comprehensive information with historical demand data for 2014-2021 and forecast statistics for 2022-2029.

The study offers insightful information on the global propanol market based on various categories – type (n-propanol, isopropanol), application (solvents, chemical intermediates, pharmaceuticals, household & personal care products, and others), across seven regions.

This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global propanol market. Some of the propanol market players included in the report are BASF SE, Royal Dutch Shell Plc, ExxonMobil Corporation, Sasol, LG Chem Ltd., and Eastman Chemical Company, among others.

2014-2021 Propanol Market Outlook Compared To 2022-2029 Forecast

Sales of propanol increased at 2.5% CAGR, between the period of 2014 and 2021, owing to moderate demand outlook from the end use sectors such as pharmaceuticals and chemical intermediate.

A decrease in the demand for n-propanol from certain end users during the pandemic crisis has impacted the overall growth of the market, although in upcoming years the growth is expected to bounce back to its original pace based on the recovery of the economic conditions. However, substantial demand for sanitizers has boosted the market for isopropyl alcohol.

Get More Information: https://www.futuremarketinsights.com/reports/propanol-market

[sanjay-chem]

Propyl Acetate Market sales is anticipated to witness a considerable CAGR of 6.9% during the period of 2022 and 2029

Growing preference for propyl acetate over ethyl acetate in several end-use industries, especially in the printing ink industry, is expected to boost its demand in the coming years. A clear, colorless liquid that has distinguishable acetate odor of pears, and is highly flammable, propyl acetate finds application across diverse industries due to its superior solvent and fragrance properties.

According to a recent research report published by Future Market Insights, the propyl acetate market is expected to experience a CAGR of 6.9% during the forecast period of 2022-2029.

Several end-use industries prefer propyl acetate over ethyl acetate due to its cost effectiveness and excellent solvent properties. This is prompting manufacturers to lay more emphasis towards the production of propyl acetate as compared to ethyl acetate.

Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-10926

Key Takeaways of Propyl Acetate Market Study

High purity (i.e. +99%) propyl acetate is the dominant segment, as manufacturers from several end-use industries of propyl acetate prefer high purity to ensure improved performance of end products.

Propyl acetate is gaining traction over conventional ethyl acetate in flexography printing, Propyl acetate, on an average, is 30% more economical in terms of solvent consumption, while reducing ink usage by an average of 20%. Retardants such as ethoxy propanol are not required for propyl formulation. This offers considerable advantages when printing food product packaging, significantly reduces scrap percentage, and improves process stability.

Substantial demand is anticipated for propyl acetate from the pharmaceutical industry, as it is a well-known fragrance agent for several personal care products. Propyl acetate is widely used in the fragrance, cosmetic, and personal care industry. In fragrances and personal care products, manufacturers often use n-propyl acetate as a flavoring agent. Flavor library of the Flavor Extract Manufacturers Association (FEMA) states that, it has notes of celery, floral, pear, and red fruit.

Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-10926

Propyl Acetate Market: Competitive Landscape

The global propyl acetate market is moderately fragmented, due to the availability of raw materials required for the manufacturing of propyl acetate, especially at the regional level, and presence of local manufacturers in domestic as well as international markets. Key manufacturers such as Dow Chemical Company, BASF SE, OXEA GmbH, Eastman Chemical Company, and SHOWA DENKO K.K. account for around 28% of the overall market share. North America and East Asia are anticipated to account for a significant share of the global propyl acetate market, owing to significant growth in printing ink industry and increasing preference for propyl acetate over ethyl acetate.

Looking for More Information?

The research report analyzes the total sales of propyl acetates on the basis of volume (tons) and value (US$ Mn). The report contains a competition analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about global and regional players in the propyl acetate market. Opportunities in the market are projected on the basis of factors such as printing ink industry growth, food industry outlook, pharmaceutical industry overview, and expansion in production capacity by manufacturers around the world.

By Purity :

Purity ≥ 99%

Purity < 99%

By Application :

Coating & Printing Ink

Chemical Intermediates

Food Flavorings

Personal Care Products

Others

By End Use Industry :

Chemical

Pharmaceutical

Food & Beverages

Others

By Region :

North America

Latin America

Europe

Middle East and Africa (MEA)

East Asia

South Asia

Oceania

Contact Sales for Further Assistance in Purchasing this Report- https://www.futuremarketinsights.com/checkout/10926

Key Questions Answered in the Report What is the current size of global market of Propyl Acetate? What is the cosnumption outlook for Propyl Acetate during the forecast period? Which grade segment is expected to contribute significant growth share to Propyl Acetate in 2022? Who are the top players in the Propyl Acetate Market market and what is their total share? What is the market outlook of Propyl Acetate Industry in China?

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[researchdiscoveryindustry]

Propanol Market: Size, Share & Trends, Industry Analysis Report from 2022 to 2028

There are two isomers of propanol. 1-Propanol is a primary alcohol with the formula CH3CH2CH2OH (sometimes represented as PrOH or n-PrOH). This colorless liquid is also known as propan-1-ol, 1-propyl alcohol, n-propyl alcohol, and n-propanol. It is an isomer of 2-propanol (propan-2-ol, isopropyl alcohol, isopropanol). It is formed naturally in small amounts during many fermentation processes and used as a solvent in the pharmaceutical industry mainly for resins and cellulose esters. Isopropyl alcohol (IUPAC name propan-2-ol; commonly called isopropanol) is a compound with the chemical formula C3H8O. It is a colorless, flammable chemical compound with a strong odor. As an isopropyl group linked to a hydroxyl group, it is the simplest example of a secondary alcohol, where the alcohol carbon atom is attached to two other carbon atoms. It is a structural isomer of 1-propanol and ethyl methyl ether.

Based on the Propanol market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

View our sample report : https://crediblemarkets.com/sample-request/propanol-market-413666

Key players in the global Propanol market covered :

BASF SE China National Petroleum Corporation Lyondellbasell Industries N.V. Sasol Limited Zhejiang Xinhua Chemical Co. Ltd Rhodia S.A. Eastman Chemical Company Royal Dutch Shell Plc JX Nippon Oil & Energy Corporation Sanofi Exxon Mobil Chemical Company Oxea GMBH The Dow Chemical Company Carboclor S.A. Tokuyama Corporation LCY Chemical Corp. Deepak Fertilizers And Petrochemicals Corporation Limited ISU Chemical Co. Ltd. LG Chem Ltd. Mitsui Chemicals Inc. Novacap SAS

the basis of types, the Propanol market from 2015 to 2025 is primarily split into:

N-Propanol Isopropanol

the basis of applications, the Propanol market from 2015 to 2025 covers:

Solvents Chemical Intermediates Pharmaceuticals Cosmetic Pesticide Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast :

North America

United States

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific

China

Japan

South Korea

Australia

India

South America

Brazil

Argentina

Columbia

Middle East and Africa

UAE

Egypt

South Africa

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Isopropanol Market Suppliers Research Methodology, Competitive Landscape ,Opportunities by 2027

Market Size – USD 2.42 Billion in 2018, Market Growth – CAGR of 5.9%, Market Trends – Increase in demand for isopropanol in the household & personal care applications.

The global Isopropanol Market is forecast to reach USD 4.05 Billion by 2027, according to a new report by Reports and Data. The Isopropanol or Isopropyl Alcohol is the colorless, highly flammable laboratory and household chemical and primary type of alcohol. Based on the isomerism, the isopropanol has a twin molecule with a slightly different chemical structure, n-propanol. Isopropanol is more readily available for its simple chemical structure compared to the n-propanol and is also consequently cheaper. Isopropanol is mostly used in medical use applications and also widely utilized as a direct or intermediate solvent chemical in the formulation of various chemical processing. However, the market is potentially being restrained by the stringent Volatile organic compounds’ (VOC) emission norms in European and North American continents.

Market Overview:

The rise in materials and chemicals companies’ deployment of digital technologies to enhance efficiency gains and increase reliability are the key factors stimulating materials and chemicals industry trends. The industry players are allocating huge budgets for advanced sensing and automation machines to enhanced optimization of operations.

Materials and chemicals are used across various end-use industries such as manufacturing, medical & pharmaceutical, automotive, food tech, among others. New product launches, technological advancements, growing consumer demand variety in daily use items, and increasing automation in the industry will accrue to major revenue gains in the coming years. Also, increasing consumer awareness regarding energy-efficiency and associated demand for sustainable products will boost market growth during the forecast period.

Get a sample of the report @ https://reportsanddata.com/sample-enquiry-form/2366

Top Companies Profiled in the Report:

BASF SE, Royal Dutch Shell PLC, Exxon Mobil Corporation, Tokuyama Corporation, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical.

Regional Outlook

Asia Pacific as expected to continue as one of the largest and fastest growing Isopropanol market globally. The increasing manufacturing and export demand over the past decade has led several global leading companies to not only make huge investments in the region’s materials and chemical sector but also set up their own manufacturing base in the region to increase their presence in this emerging market.

To know more about the report @ https://www.reportsanddata.com/report-detail/isopropanol-market

Sales Channel Outlook (Revenue: USD Billion; 2016-2027)

Online Retailing

Offline Retailing

Applications Outlook (Revenue: USD Billion; 2016-2027)

Medical Use

Paints and Coatings

Household & Personal Care

Printing Inks

Others

Regional Analysis covers:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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