PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631095
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631095
Global Propanol Market Size Study, by Application (N-Propanol, Isopropyl Alcohol) and Regional Forecasts 2022-2032
The Global Propanol Market, valued at approximately USD 4.01 billion in 2023, is poised to grow at a robust CAGR of 6.60% during the forecast period 2024-2032. Propanol, known for its versatility and efficacy as a solvent, finds extensive applications across industries including pharmaceuticals, cosmetics, and manufacturing. Its dual forms, n-propanol and isopropyl alcohol, contribute uniquely to a broad spectrum of industrial and consumer applications, ranging from antiseptics to cleaning agents and chemical intermediates.
The rising demand for isopropyl alcohol in sanitizers and cleaning solutions, especially post-pandemic, has significantly boosted market momentum. Simultaneously, n-propanol is experiencing heightened utilization as an eco-friendly solvent alternative in coatings and adhesives, reflecting the industry's shift toward sustainability. Technological advancements in production methods and the growing adoption of propanol in emerging economies are further fueling market growth.
Despite challenges such as fluctuating raw material costs and regulatory hurdles, the propanol market continues to flourish. Strategic investments in R&D to develop bio-based and sustainable propanol production methods highlight the market's adaptive strategies. Additionally, the increased penetration of propanol in pharmaceutical and automotive sectors provides ample opportunities for future expansion.
Regionally, the Asia-Pacific market leads the global landscape, driven by rapid industrialization, robust manufacturing bases, and increasing demand for cleaning agents and personal care products in countries like China, India, and Japan. North America and Europe are also key contributors, benefiting from technological advancements and stringent quality standards. Meanwhile, regions like Latin America and the Middle East & Africa are emerging as growth hotspots due to expanding industrial activities and infrastructure development.
Major market players included in this report are:
- Dow Inc.
- BASF SE
- ExxonMobil Corporation
- Shell PLC
- Eastman Chemical Company
- Oxea GmbH
- Tokuyama Corporation
- LG Chem Ltd.
- Sasol Limited
- Arkema Group
- LyondellBasell Industries
- Mitsui Chemicals, Inc.
- Celanese Corporation
- Honeywell International Inc.
- Ineos Group Ltd.
The detailed segments and sub-segment of the market are explained below:
By Application:
- N-Propanol
- Isopropyl Alcohol
By Region: North America:
- U.S.
- Canada
Europe:
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific:
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America:
- Brazil
- Mexico
Middle East & Africa:
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Key Takeaways:
- Comprehensive market estimates and forecasts spanning 2022-2032.
- Detailed segmental and regional analyses highlighting growth opportunities.
- Competitive landscape evaluation with insights into strategies of major players.
- Strategic recommendations to leverage emerging trends.
- Extensive demand and supply-side analyses to understand market dynamics.
Table of Contents
Chapter 1. Global Propanol Market Executive Summary 1.1. Global Propanol Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Application
- 1.3.1.1. N-Propanol
- 1.3.1.2. Isopropyl Alcohol
- 1.3.1. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Propanol Market Definition and Research Assumptions 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Propanol Market Dynamics 3.1. Market Drivers
- 3.1.1. Rising Demand for Isopropyl Alcohol in Sanitizers and Cleaning Solutions
- 3.1.2. Heightened Utilization of N-Propanol as Eco-friendly Solvent
- 3.1.3. Technological Advancements in Production Methods and Adoption in Emerging Economies
- 3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Regulatory Hurdles
- 3.3. Market Opportunities
- 3.3.1. Development of Bio-based and Sustainable Propanol Production Methods
- 3.3.2. Increased Penetration in Pharmaceutical and Automotive Sectors
- 3.3.3. Expansion into Emerging Markets
Chapter 4. Global Propanol Market Industry Analysis 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Propanol Market Size & Forecasts by Application 2022-2032 5.1. Segment Dashboard
- 5.2. Global Propanol Market: By Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. N-Propanol
- 5.2.2. Isopropyl Alcohol
Chapter 6. Global Propanol Market Size & Forecasts by Region 2022-2032 6.1. Segment Dashboard
- 6.2. Global Propanol Market: By Region Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. North America
- 6.2.1.1. U.S. Propanol Market
- 6.2.1.1.1. By Application Breakdown Size & Forecasts, 2022-2032
- 6.2.1.1.2. By Technology Breakdown Size & Forecasts, 2022-2032
- 6.2.1.2. Canada Propanol Market
- 6.2.2. Europe
- 6.2.2.1. UK Propanol Market
- 6.2.2.2. Germany Propanol Market
- 6.2.2.3. France Propanol Market
- 6.2.2.4. Spain Propanol Market
- 6.2.2.5. Italy Propanol Market
- 6.2.2.6. Rest of Europe Propanol Market
- 6.2.3. Asia-Pacific
- 6.2.3.1. China Propanol Market
- 6.2.3.2. India Propanol Market
- 6.2.3.3. Japan Propanol Market
- 6.2.3.4. Australia Propanol Market
- 6.2.3.5. South Korea Propanol Market
- 6.2.3.6. Rest of Asia-Pacific Propanol Market
- 6.2.4. Latin America
- 6.2.4.1. Brazil Propanol Market
- 6.2.4.2. Mexico Propanol Market
- 6.2.4.3. Rest of Latin America Propanol Market
- 6.2.5. Middle East & Africa
- 6.2.5.1. Saudi Arabia Propanol Market
- 6.2.5.2. South Africa Propanol Market
- 6.2.5.3. Rest of Middle East & Africa Propanol Market
- 6.2.1. North America
Chapter 7. Competitive Intelligence 7.1. Key Company SWOT Analysis
- 7.1.1. Dow Inc.
- 7.1.2. BASF SE
- 7.1.3. ExxonMobil Corporation
- 7.2. Top Market Strategies
- 7.3. Company Profiles
- 7.3.1. Dow Inc.
- 7.3.1.1. Key Information
- 7.3.1.2. Overview
- 7.3.1.3. Financial (Subject to Data Availability)
- 7.3.1.4. Product Summary
- 7.3.1.5. Market Strategies
- 7.3.2. BASF SE
- 7.3.3. ExxonMobil Corporation
- 7.3.4. Shell PLC
- 7.3.5. Eastman Chemical Company
- 7.3.6. Oxea GmbH
- 7.3.7. Tokuyama Corporation
- 7.3.8. LG Chem Ltd.
- 7.3.9. Sasol Limited
- 7.3.10. Arkema Group
- 7.3.1. Dow Inc.
Chapter 8. Research Process 8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
- 8.2. Research Attributes
