Propanol Market – Global Industry Analysis and Forecast (2023-2029)

Propanol Market was valued US$ 4.01 Bn in 2022 and expected to reach US$ 5.46 Bn by 2029, at a CAGR of 4.50% during the forecast period.

Propanol Market Overview:

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Propanol Market To know about the Research Methodology:-Request Free Sample Report

Propanol Market Dynamics

Rise in use of propanol in the growing pharmaceutical industry, attributed to the growing population and changing lifestyle in developing countries are expected to drive the global propanol market over the forecast period. Propanol derivatives are increasingly being utilized in the cosmetics industry as a solvent substitute, which is further projected to increase product demand over the forecast period. Further, increasing demand for paints and coatings due to the rapid growing construction and automotive industries are also anticipated to propel the global propanol market over the forecast period. Advancing technologies in application sectors are expected to provide tremendous opportunities for global propanol market participants overcoming eight years. However, stringent environmental regulations regarding transportation and handling of organic compounds are expected to hamper propanol market growth over the coming years. Furthermore, global propanol market faces numerous restrictions owing to high raw material combustibility, which is also expected to limit market growth over the forecast period. Increasing raw material prices mostly regarding acetone and propylene, due to volatile crude oil price which is anticipated to hamper the demand over the forecast period.

Propanol Market Segment Analysis

Based on the type, Isopropanol segment is estimated to lead the propanol market by type during the forecast period. Isopropanol is a type of propanol, which is used as a solvent in diverse applications, such as paints & coatings, pharmaceutical, inks, and household & personal care products, owing to its low cost and easy availability. The increasing demand for these products due to high industrial growth such as construction, healthcare, printing, and automotive is expected to drive the demand for propanol. Based on the application, propanol is mainly used to manufacture other solvents such as cosmetics, skin/hair preparations, pharmaceuticals, lacquer formulations, perfumes, and dye solutions, types of antifreeze, soaps and window cleaner. It can also be used to create printing inks, coatings, de-greasing fluids, adhesives, insecticides and herbicides. Normal propanol is also used as a chemical intermediate to create esters, halides, propyl amines and propyl acetate. The end user market of this product are cosmetics, cleaning, printing, and motor, coatings and chemical industries.

Propanol Market Regional Insights

Graphically, the Asia Pacific region is projected to be the fastest-growing propanol market. The growing construction, automotive, household & personal care, and pharmaceutical industries in this region owing to the growing consumer spending and increasing income levels that is expected to boost the demand for propanol. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global propanol market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in global propanol market.

Propanol Market, Key Highlights:

Global Propanol Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Propanol Market Global Propanol Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Propanol Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Propanol Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Propanol Market are also profiled.

Propanol Market Scope : Inquire before buying

Propanol Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US$ 4.01 Bn.
Forecast Period 2023 to 2029 CAGR: 4.50% Market Size in 2029: US$ 5.46 Bn.
Segments Covered: by Type N-Propanol Isopropanol
by Application Direct Solvent Chemical Intermediate Pharmaceutical Household & Personal Care Others

Propanol Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Propanol Market, Key Players:

1. Royal Dutch Shell Plc 2. Exxon Mobil Corporation 3. BASF SE 4. The Dow Chemical Company 5. LG Chem Ltd. 6. Sasol Limited 7. Eastman Chemical Company 8. Tokuyama Corporation 9. LCY Chemical Corp. 10.JXTG Holdings, Inc. 11.Deepak Fertilisers and Petrochemicals Corporation Ltd. 12.OXEA GmbH 13.Carboclor S.A. 14.ISU Chemical 15.Lyondellbasell Industries Holdings B.V. 16.Solvay Frequently Asked Questions: 1. Which region has the largest share in Global Propanol Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Propanol Market? Ans: The Global Propanol Market is growing at a CAGR of 4.50% during forecasting period 2023-2029. 3. What is scope of the Global Propanol market report? Ans: Global Propanol Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Propanol market? Ans: The important key players in the Global Propanol Market are – Royal Dutch Shell Plc, Exxon Mobil Corporation, BASF SE, The Dow Chemical Company, LG Chem Ltd., Sasol Limited, Eastman Chemical Company, Tokuyama Corporation, LCY Chemical Corp., JXTG Holdings, Inc., Deepak Fertilisers and Petrochemicals Corporation Ltd., OXEA GmbH, Carboclor S.A., ISU Chemical, Lyondellbasell Industries Holdings B.V., and Solvay. 5. What is the study period of this market? Ans: The Global Propanol Market is studied from 2022 to 2029.

Table of Content

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Global Propanol Market Size, by Market Value (US$ Bn) and volume (Kiloton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global Propanol Market 5. Supply Side and Demand Side Indicators 6. Global Propanol Market Analysis and Forecast 6.1. Global Propanol Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Propanol Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Propanol Market Value Share Analysis, by Type 7.4. Global Propanol Market Size (US$ Bn) Forecast, by Type 7.5. Global Propanol Market Analysis, by Type 7.6. Global Propanol Market Attractiveness Analysis, by Type 8. Global Propanol Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Propanol Market Value Share Analysis, by Application 8.4. Global Propanol Market Size (US$ Bn) Forecast, by Application 8.5. Global Propanol Market Analysis, by Application 8.6. Global Propanol Market Attractiveness Analysis, by Application 9. Global Propanol Market Analysis, by Region 9.1. Global Propanol Market Value Share Analysis, by Region 9.2. Global Propanol Market Size (US$ Bn) Forecast, by Region 9.3. Global Propanol Market Attractiveness Analysis, by Region 10. North America Propanol Market Analysis 10.1. Key Findings 10.2. North America Propanol Market Overview 10.3. North America Propanol Market Value Share Analysis, by Type 10.4. North America Propanol Market Forecast, by Type 10.4.1. N-Propanol 10.4.2. Isopropanol 10.5. North America Propanol Market Value Share Analysis, by Application 10.6. North America Propanol Market Forecast, by Application 10.6.1. Direct Solvent 10.6.2. Chemical Intermediate 10.6.3. Pharmaceutical 10.6.4. Household & Personal Care 10.6.5. Others 10.7. North America Propanol Market Value Share Analysis, by Country 10.8. North America Propanol Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Propanol Market Analysis, by Country 10.10. U.S. Propanol Market Forecast, by Type 10.10.1. N-Propanol 10.10.2. Isopropanol 10.11. U.S. Propanol Market Forecast, by Application 10.11.1. Direct Solvent 10.11.2. Chemical Intermediate 10.11.3. Pharmaceutical 10.11.4. Household & Personal Care 10.11.5. Others 10.12. Canada Propanol Market Forecast, by Type 10.12.1. N-Propanol 10.12.2. Isopropanol 10.13. Canada Propanol Market Forecast, by Application 10.13.1. Direct Solvent 10.13.2. Chemical Intermediate 10.13.3. Pharmaceutical 10.13.4. Household & Personal Care 10.13.5. Others 10.14. North America Propanol Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Propanol Market Analysis 11.1. Key Findings 11.2. Europe Propanol Market Overview 11.3. Europe Propanol Market Value Share Analysis, by Type 11.4. Europe Propanol Market Forecast, by Type 11.4.1. N-Propanol 11.4.2. Isopropanol 11.5. Europe Propanol Market Value Share Analysis, by Application 11.6. Europe Propanol Market Forecast, by Application 11.6.1. Direct Solvent 11.6.2. Chemical Intermediate 11.6.3. Pharmaceutical 11.6.4. Household & Personal Care 11.6.5. Others 11.7. Europe Propanol Market Value Share Analysis, by Country 11.8. Europe Propanol Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Propanol Market Analysis, by Country 11.10. Germany Propanol Market Forecast, by Type 11.10.1. N-Propanol 11.10.2. Isopropanol 11.11. Germany Propanol Market Forecast, by Application 11.11.1. Direct Solvent 11.11.2. Chemical Intermediate 11.11.3. Pharmaceutical 11.11.4. Household & Personal Care 11.11.5. Others 11.12. U.K. Propanol Market Forecast, by Type 11.12.1. N-Propanol 11.12.2. Isopropanol 11.13. U.K. Propanol Market Forecast, by Application 11.13.1. Direct Solvent 11.13.2. Chemical Intermediate 11.13.3. Pharmaceutical 11.13.4. Household & Personal Care 11.13.5. Others 11.14. France Propanol Market Forecast, by Type 11.14.1. N-Propanol 11.14.2. Isopropanol 11.15. France Propanol Market Forecast, by Application 11.15.1. Direct Solvent 11.15.2. Chemical Intermediate 11.15.3. Pharmaceutical 11.15.4. Household & Personal Care 11.15.5. Others 11.16. Italy Propanol Market Forecast, by Type 11.16.1. N-Propanol 11.16.2. Isopropanol 11.17. Italy Propanol Market Forecast, by Application 11.17.1. Direct Solvent 11.17.2. Chemical Intermediate 11.17.3. Pharmaceutical 11.17.4. Household & Personal Care 11.17.5. Others 11.18. Spain Propanol Market Forecast, by Type 11.18.1. N-Propanol 11.18.2. Isopropanol 11.19. Spain Propanol Market Forecast, by Application 11.19.1. Direct Solvent 11.19.2. Chemical Intermediate 11.19.3. Pharmaceutical 11.19.4. Household & Personal Care 11.19.5. Others 11.20. Rest of Europe Propanol Market Forecast, by Type 11.20.1. N-Propanol 11.20.2. Isopropanol 11.21. Rest of Europe Propanol Market Forecast, by Application 11.21.1. Direct Solvent 11.21.2. Chemical Intermediate 11.21.3. Pharmaceutical 11.21.4. Household & Personal Care 11.21.5. Others 11.22. Europe Propanol Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Propanol Market Analysis 12.1. Key Findings 12.2. Asia Pacific Propanol Market Overview 12.3. Asia Pacific Propanol Market Value Share Analysis, by Type 12.4. Asia Pacific Propanol Market Forecast, by Type 12.4.1. N-Propanol 12.4.2. Isopropanol 12.5. Asia Pacific Propanol Market Value Share Analysis, by Application 12.6. Asia Pacific Propanol Market Forecast, by Application 12.6.1. Direct Solvent 12.6.2. Chemical Intermediate 12.6.3. Pharmaceutical 12.6.4. Household & Personal Care 12.6.5. Others 12.7. Asia Pacific Propanol Market Value Share Analysis, by Country 12.8. Asia Pacific Propanol Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Propanol Market Analysis, by Country 12.10. China Propanol Market Forecast, by Type 12.10.1. N-Propanol 12.10.2. Isopropanol 12.11. China Propanol Market Forecast, by Application 12.11.1. Direct Solvent 12.11.2. Chemical Intermediate 12.11.3. Pharmaceutical 12.11.4. Household & Personal Care 12.11.5. Others 12.12. India Propanol Market Forecast, by Type 12.12.1. N-Propanol 12.12.2. Isopropanol 12.13. India Propanol Market Forecast, by Application 12.13.1. Direct Solvent 12.13.2. Chemical Intermediate 12.13.3. Pharmaceutical 12.13.4. Household & Personal Care 12.13.5. Others 12.14. Japan Propanol Market Forecast, by Type 12.14.1. N-Propanol 12.14.2. Isopropanol 12.15. Japan Propanol Market Forecast, by Application 12.15.1. Direct Solvent 12.15.2. Chemical Intermediate 12.15.3. Pharmaceutical 12.15.4. Household & Personal Care 12.15.5. Others 12.16. ASEAN Propanol Market Forecast, by Type 12.16.1. N-Propanol 12.16.2. Isopropanol 12.17. ASEAN Propanol Market Forecast, by Application 12.17.1. Direct Solvent 12.17.2. Chemical Intermediate 12.17.3. Pharmaceutical 12.17.4. Household & Personal Care 12.17.5. Others 12.18. Rest of Asia Pacific Propanol Market Forecast, by Type 12.18.1. N-Propanol 12.18.2. Isopropanol 12.19. Rest of Asia Pacific Propanol Market Forecast, by Application 12.19.1. Direct Solvent 12.19.2. Chemical Intermediate 12.19.3. Pharmaceutical 12.19.4. Household & Personal Care 12.19.5. Others 12.20. Asia Pacific Propanol Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Propanol Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Propanol Market Overview 13.3. Middle East & Africa Propanol Market Value Share Analysis, by Type 13.4. Middle East & Africa Propanol Market Forecast, by Type 13.4.1. N-Propanol 13.4.2. Isopropanol 13.5. Middle East & Africa Propanol Market Value Share Analysis, by Application 13.6. Middle East & Africa Propanol Market Forecast, by Application 13.6.1. Direct Solvent 13.6.2. Chemical Intermediate 13.6.3. Pharmaceutical 13.6.4. Household & Personal Care 13.6.5. Others 13.7. Middle East & Africa Propanol Market Value Share Analysis, by Country 13.8. Middle East & Africa Propanol Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Propanol Market Analysis, by Country 13.10. GCC Propanol Market Forecast, by Type 13.10.1. N-Propanol 13.10.2. Isopropanol 13.11. GCC Propanol Market Forecast, by Application 13.11.1. Direct Solvent 13.11.2. Chemical Intermediate 13.11.3. Pharmaceutical 13.11.4. Household & Personal Care 13.11.5. Others 13.12. South Africa Propanol Market Forecast, by Type 13.12.1. N-Propanol 13.12.2. Isopropanol 13.13. South Africa Propanol Market Forecast, by Application 13.13.1. Direct Solvent 13.13.2. Chemical Intermediate 13.13.3. Pharmaceutical 13.13.4. Household & Personal Care 13.13.5. Others 13.14. Rest of Middle East & Africa Propanol Market Forecast, by Type 13.14.1. N-Propanol 13.14.2. Isopropanol 13.15. Rest of Middle East & Africa Propanol Market Forecast, by Application 13.15.1. Direct Solvent 13.15.2. Chemical Intermediate 13.15.3. Pharmaceutical 13.15.4. Household & Personal Care 13.15.5. Others 13.16. Middle East & Africa Propanol Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Propanol Market Analysis 14.1. Key Findings 14.2. South America Propanol Market Overview 14.3. South America Propanol Market Value Share Analysis, by Type 14.4. South America Propanol Market Forecast, by Type 14.4.1. N-Propanol 14.4.2. Isopropanol 14.5. South America Propanol Market Value Share Analysis, by Application 14.6. South America Propanol Market Forecast, by Application 14.6.1. Direct Solvent 14.6.2. Chemical Intermediate 14.6.3. Pharmaceutical 14.6.4. Household & Personal Care 14.6.5. Others 14.7. South America Propanol Market Value Share Analysis, by Country 14.8. South America Propanol Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Propanol Market Analysis, by Country 14.10. Brazil Propanol Market Forecast, by Type 14.10.1. N-Propanol 14.10.2. Isopropanol 14.11. Brazil Propanol Market Forecast, by Application 14.11.1. Direct Solvent 14.11.2. Chemical Intermediate 14.11.3. Pharmaceutical 14.11.4. Household & Personal Care 14.11.5. Others 14.12. Mexico Propanol Market Forecast, by Type 14.12.1. N-Propanol 14.12.2. Isopropanol 14.13. Mexico Propanol Market Forecast, by Application 14.13.1. Direct Solvent 14.13.2. Chemical Intermediate 14.13.3. Pharmaceutical 14.13.4. Household & Personal Care 14.13.5. Others 14.14. Rest of South America Propanol Market Forecast, by Type 14.14.1. N-Propanol 14.14.2. Isopropanol 14.15. Rest of South America Propanol Market Forecast, by Application 14.15.1. Direct Solvent 14.15.2. Chemical Intermediate 14.15.3. Pharmaceutical 14.15.4. Household & Personal Care 14.15.5. Others 14.16. South America Propanol Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Royal Dutch Shell Plc 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Exxon Mobil Corporation 15.3.3. BASF SE 15.3.4. The Dow Chemical Company 15.3.5. LG Chem Ltd. 15.3.6. Sasol Limited 15.3.7. Eastman Chemical Company 15.3.8. Tokuyama Corporation 15.3.9. LCY Chemical Corp. 15.3.10. JXTG Holdings, Inc. 15.3.11. Deepak Fertilisers and Petrochemicals Corporation Ltd. 15.3.12. OXEA GmbH 15.3.13. Carboclor S.A. 15.3.14. ISU Chemical 15.3.15. Lyondellbasell Industries Holdings B.V. 15.3.16. Solvay 16. Primary Key Insights
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