North America Propanol Market Size, Share & Trends Analysis Report By Type (Isopropanol and n-propanol and Other n-propanol Applications), By Country and Growth Forecast, 2024

Description

List of Tables

The North America Propanol Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 576.36 kilo tonnes, showcasing a growth of 18.0% (2020-2023).

The US market dominated the North America Propanol Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,176.2 million by 2031. The Canada market is exhibiting a CAGR of 7.7% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 7% during (2024 - 2031).

Propanol, also called n-propanol or 1-propanol, has various uses in various sectors because of its adaptable chemical characteristics. For example, propanol is a crucial solvent in formulating paints, varnishes, and coatings. Its ability to dissolve resins, pigments, and other additives makes it indispensable in these applications. Propanol-based paints and coatings are known for their fast-drying times, excellent flow properties, and durability, making them ideal for use in automotive, architectural, and industrial coatings.

Likewise, propanol plays a vital role in manufacturing adhesives, sealants, and bonding agents. It acts as a solvent for dissolving polymers and other adhesive components, facilitating the formulation of adhesives with desired viscosity, tackiness, and bonding strength. Propanol-based adhesives are used in various industries, including construction, automotive, and electronics, for bonding substrates such as metals, plastics, and composites.

The expansion of local manufacturing capabilities for personal care products in Mexico has resulted in greater consumption of propanol. Increased production facilities require reliable sources of propanol, boosting demand from domestic suppliers. The growing consumer preference for natural and organic personal care products has influenced manufacturers to seek safe and effective solvents. Propanol's potential for safe formulation aligns with these trends, further driving its demand in the personal care sector.

The International Trade Administration (ITA) states that Mexico is a significant regional producer of personal hygiene goods. Mexico exported USD 2.2 billion of cosmetics and personal hygiene items in 2022. The top three destinations for these exports were the United States at over 55% and the rest to Central and South America. The growth of the personal care products industry in Mexico has led to a heightened demand for various ingredients, including propanol. This solvent is widely used in formulations for cosmetics, skincare, and hygiene products, thus driving its market growth. Hence, the expansion of the cosmetics and personal care industry is propelling the market's growth.

Based on Type, the market is segmented into Isopropanol (Direct Solvent, Chemical Intermediate, Pharmaceuticals, Household & Personal Care, and Other Isopropanol Applications), and n-propanol (Chemical Intermediate, Direct Solvent, and Other n-propanol Applications). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Exxon Mobil Corporation
Solvay SA
BASF SE
The Dow Chemical Company
Sasol Limited
Eastman Chemical Company
Tokuyama Corporation
Mitsui Chemicals, Inc.
Shell plc
Huntsman Corporation

North America Propanol Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Isopropanol
- Direct Solvent
- Chemical Intermediate
- Pharmaceuticals
- Household & Personal Care
- Other Isopropanol Applications
n-propanol
- Chemical Intermediate
- Direct Solvent
- Other n-propanol Applications

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Propanol Market, by Type
- 1.4.2 North America Propanol Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Propanol Market by Type

4.1 North America Isopropanol Market by Country
4.2 North America Propanol Market by Isopropanol Applications
- 4.2.1 North America Direct Solvent Market by Country
- 4.2.2 North America Chemical Intermediate Market by Country
- 4.2.3 North America Pharmaceuticals Market by Country
- 4.2.4 North America Household & Personal Care Market by Country
- 4.2.5 North America Other Isopropanol Applications Market by Country
4.3 North America n-propanol Market by Country
4.4 North America Propanol Market by n-propanol Applications
- 4.4.1 North America Chemical Intermediate Market by Country
- 4.4.2 North America Direct Solvent Market by Country
- 4.4.3 North America Other n-propanol Applications Market by Country

Chapter 5. North America Propanol Market by Country

5.1 US Propanol Market
- 5.1.1 US Propanol Market by Type
  - 5.1.1.1 US Propanol Market by Isopropanol Applications
  - 5.1.1.2 US Propanol Market by n-propanol Applications
5.2 Canada Propanol Market
- 5.2.1 Canada Propanol Market by Type
  - 5.2.1.1 Canada Propanol Market by Isopropanol Applications
  - 5.2.1.2 Canada Propanol Market by n-propanol Applications
5.3 Mexico Propanol Market
- 5.3.1 Mexico Propanol Market by Type
  - 5.3.1.1 Mexico Propanol Market by Isopropanol Applications
  - 5.3.1.2 Mexico Propanol Market by n-propanol Applications
5.4 Rest of North America Propanol Market
- 5.4.1 Rest of North America Propanol Market by Type
  - 5.4.1.1 Rest of North America Propanol Market by Isopropanol Applications
  - 5.4.1.2 Rest of North America Propanol Market by n-propanol Applications

Chapter 6. Company Profiles

6.1 Exxon Mobil Corporation
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Research & Development Expenses
- 6.1.5 SWOT Analysis
6.2 Solvay SA
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental Analysis
- 6.2.4 Research & Development Expenses
- 6.2.5 SWOT Analysis
6.3 BASF SE
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expense
- 6.3.5 Recent strategies and developments:
  - 6.3.5.1 Partnerships, Collaborations, and Agreements:
- 6.3.6 SWOT Analysis
6.4 The Dow Chemical Company
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.4.5 SWOT Analysis
6.5 Sasol Limited
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Segmental and Regional Analysis
- 6.5.4 Research & Development Expenses
- 6.5.5 SWOT Analysis
6.6 Eastman Chemical Company
- 6.6.1 Company Overview
- 6.6.2 Financial Analysis
- 6.6.3 Segmental and Regional Analysis
- 6.6.4 Research & Development Expense
- 6.6.5 SWOT Analysis
6.7 Mitsui Chemicals, Inc.
- 6.7.1 Company Overview
- 6.7.2 Financial Analysis
- 6.7.3 Segmental and Regional Analysis
- 6.7.4 Research & Development Expense
- 6.7.5 SWOT Analysis
6.8 Tokuyama Corporation
- 6.8.1 Company Overview
- 6.8.2 Financial Analysis
- 6.8.3 Segmental Analysis
- 6.8.4 SWOT Analysis
6.9 Shell plc
- 6.9.1 Company Overview
- 6.9.2 Financial Analysis
- 6.9.3 Segmental and Regional Analysis
- 6.9.4 Research & Development Expenses
- 6.9.5 SWOT Analysis
6.10. Huntsman Corporation
- 6.10.1 Company Overview
- 6.10.2 Financial Analysis
- 6.10.3 Segment and Regional Analysis
- 6.10.4 Research & Development Expense
- 6.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Propanol Market, 2020 - 2023, USD Million
TABLE 2 North America Propanol Market, 2024 - 2031, USD Million
TABLE 3 North America Propanol Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America Propanol Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America Propanol Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Propanol Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Propanol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 8 North America Propanol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 9 North America Isopropanol Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Isopropanol Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Isopropanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 North America Isopropanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 North America Propanol Market by Isopropanol Applications, 2020 - 2023, USD Million
TABLE 14 North America Propanol Market by Isopropanol Applications, 2024 - 2031, USD Million
TABLE 15 North America Propanol Market by Isopropanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 16 North America Propanol Market by Isopropanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 17 North America Direct Solvent Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Direct Solvent Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Direct Solvent Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 North America Direct Solvent Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Chemical Intermediate Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Chemical Intermediate Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Chemical Intermediate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Chemical Intermediate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Pharmaceuticals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 North America Pharmaceuticals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Household & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Household & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Household & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Household & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Other Isopropanol Applications Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Other Isopropanol Applications Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Other Isopropanol Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Other Isopropanol Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America n-propanol Market by Country, 2020 - 2023, USD Million
TABLE 38 North America n-propanol Market by Country, 2024 - 2031, USD Million
TABLE 39 North America n-propanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 North America n-propanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Propanol Market by n-propanol Applications, 2020 - 2023, USD Million
TABLE 42 North America Propanol Market by n-propanol Applications, 2024 - 2031, USD Million
TABLE 43 North America Propanol Market by n-propanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Propanol Market by n-propanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 45 North America Chemical Intermediate Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Chemical Intermediate Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Chemical Intermediate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America Chemical Intermediate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 North America Direct Solvent Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Direct Solvent Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Direct Solvent Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 North America Direct Solvent Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 North America Other n-propanol Applications Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Other n-propanol Applications Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Other n-propanol Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56 North America Other n-propanol Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57 North America Propanol Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Propanol Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Propanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 60 North America Propanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 61 US Propanol Market, 2020 - 2023, USD Million
TABLE 62 US Propanol Market, 2024 - 2031, USD Million
TABLE 63 US Propanol Market, 2020 - 2023, Kilo Tonnes
TABLE 64 US Propanol Market, 2024 - 2031, Kilo Tonnes
TABLE 65 US Propanol Market by Type, 2020 - 2023, USD Million
TABLE 66 US Propanol Market by Type, 2024 - 2031, USD Million
TABLE 67 US Propanol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 68 US Propanol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 69 US Propanol Market by Isopropanol Applications, 2020 - 2023, USD Million
TABLE 70 US Propanol Market by Isopropanol Applications, 2024 - 2031, USD Million
TABLE 71 US Propanol Market by Isopropanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 72 US Propanol Market by Isopropanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 73 US Propanol Market by n-propanol Applications, 2020 - 2023, USD Million
TABLE 74 US Propanol Market by n-propanol Applications, 2024 - 2031, USD Million
TABLE 75 US Propanol Market by n-propanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 76 US Propanol Market by n-propanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 77 Canada Propanol Market, 2020 - 2023, USD Million
TABLE 78 Canada Propanol Market, 2024 - 2031, USD Million
TABLE 79 Canada Propanol Market, 2020 - 2023, Kilo Tonnes
TABLE 80 Canada Propanol Market, 2024 - 2031, Kilo Tonnes
TABLE 81 Canada Propanol Market by Type, 2020 - 2023, USD Million
TABLE 82 Canada Propanol Market by Type, 2024 - 2031, USD Million
TABLE 83 Canada Propanol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 84 Canada Propanol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 85 Canada Propanol Market by Isopropanol Applications, 2020 - 2023, USD Million
TABLE 86 Canada Propanol Market by Isopropanol Applications, 2024 - 2031, USD Million
TABLE 87 Canada Propanol Market by Isopropanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 88 Canada Propanol Market by Isopropanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 89 Canada Propanol Market by n-propanol Applications, 2020 - 2023, USD Million
TABLE 90 Canada Propanol Market by n-propanol Applications, 2024 - 2031, USD Million
TABLE 91 Canada Propanol Market by n-propanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 92 Canada Propanol Market by n-propanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 93 Mexico Propanol Market, 2020 - 2023, USD Million
TABLE 94 Mexico Propanol Market, 2024 - 2031, USD Million
TABLE 95 Mexico Propanol Market, 2020 - 2023, Kilo Tonnes
TABLE 96 Mexico Propanol Market, 2024 - 2031, Kilo Tonnes
TABLE 97 Mexico Propanol Market by Type, 2020 - 2023, USD Million
TABLE 98 Mexico Propanol Market by Type, 2024 - 2031, USD Million
TABLE 99 Mexico Propanol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 100 Mexico Propanol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 101 Mexico Propanol Market by Isopropanol Applications, 2020 - 2023, USD Million
TABLE 102 Mexico Propanol Market by Isopropanol Applications, 2024 - 2031, USD Million
TABLE 103 Mexico Propanol Market by Isopropanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 104 Mexico Propanol Market by Isopropanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 105 Mexico Propanol Market by n-propanol Applications, 2020 - 2023, USD Million
TABLE 106 Mexico Propanol Market by n-propanol Applications, 2024 - 2031, USD Million
TABLE 107 Mexico Propanol Market by n-propanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 108 Mexico Propanol Market by n-propanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 109 Rest of North America Propanol Market, 2020 - 2023, USD Million
TABLE 110 Rest of North America Propanol Market, 2024 - 2031, USD Million
TABLE 111 Rest of North America Propanol Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Rest of North America Propanol Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Rest of North America Propanol Market by Type, 2020 - 2023, USD Million
TABLE 114 Rest of North America Propanol Market by Type, 2024 - 2031, USD Million
TABLE 115 Rest of North America Propanol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 116 Rest of North America Propanol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 117 Rest of North America Propanol Market by Isopropanol Applications, 2020 - 2023, USD Million
TABLE 118 Rest of North America Propanol Market by Isopropanol Applications, 2024 - 2031, USD Million
TABLE 119 Rest of North America Propanol Market by Isopropanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 120 Rest of North America Propanol Market by Isopropanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of North America Propanol Market by n-propanol Applications, 2020 - 2023, USD Million
TABLE 122 Rest of North America Propanol Market by n-propanol Applications, 2024 - 2031, USD Million
TABLE 123 Rest of North America Propanol Market by n-propanol Applications, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of North America Propanol Market by n-propanol Applications, 2024 - 2031, Kilo Tonnes
TABLE 125 Key Information - Exxon Mobil Corporation
TABLE 126 Key Information - Solvay SA
TABLE 127 Key Information - BASF SE
TABLE 128 Key Information - The Dow Chemical Company
TABLE 129 Key Information - Sasol Limited
TABLE 130 Key Information - Eastman Chemical Company
TABLE 131 Key Information - Mitsui Chemicals, Inc.
TABLE 132 Key Information - Tokuyama Corporation
TABLE 133 Key Information - Shell plc
TABLE 134 key Information - Huntsman Corporation

North America Propanol Market Size, Share & Trends Analysis Report By Type (Isopropanol and n-propanol and Other n-propanol Applications), By Country and Growth Forecast, 2024 - 2031