Propanol Market Analysis and Forecast to 2031: By Type (N-Propanol and Iso-Propanol), Application (Solvent, Chemical Intermediate, Pharmaceutical, Household and Personal Care Products, Others), and Region
Propanol is a clear, colorless liquid with a slightly bitter taste. It is a member of the propanol family of alcohols, which also includes isopropanol and butanol. Propanol is miscible with water and is commonly used as a solvent in a variety of industrial and household applications. It has a boiling point of 97.3 degrees Celsius and a melting point of -89.5 degrees Celsius.
Key Trends
There are a few key trends in propanol technology.
One is the development of more efficient and environmentally friendly production processes. This has led to the development of new catalysts and process technologies that can produce propanol with less energy and water consumption.
Another trend is the use of propanol as a feedstock for the production of other chemicals. This has led to the development of new processes and catalysts that can convert propanol into other useful chemicals.
Key Drivers
Propanol is a clear, colorless, slightly viscous liquid with a characteristic odor. It is miscible with water and most organic solvents. Propanol is produced commercially by the catalytic hydrogenation of propylene. It is also a by-product of the production of propylene oxide and acrylonitrile.
The key drivers of the propanol market are its low cost and wide range of applications. Propanol is used as a solvent in a variety of industries, including paints and coatings, inks, adhesives, and cleaning products. It is also used as a fuel additive and as a raw material in the production of propylene glycol, acetone, and isopropyl alcohol.
The global propanol market is expected to grow at a moderate rate during the forecast period. The growth of the market is driven by the increasing demand from the Asia-Pacific region, particularly from China and India. The demand for propanol is also expected to grow in the Middle East and Africa, due to the growing demand for solvents in the region.
Restraints & Challenges
The key restraints and challenges in Propanol market are as follows:
1. Propanol is a highly flammable liquid and vapor, and thus poses a fire hazard.
2. Propanol is also toxic and can cause central nervous system depression if inhaled or ingested in large quantities.
3. Propanol is a volatile organic compound (VOC), and thus contributes to smog formation.
4. Propanol is also a greenhouse gas, and thus contributes to climate change.
Market Segments
The Propanol Market is segmented by type, application, and region. By type, the market is divided into N-propanol and Iso-propanol. Based on application, it is bifurcated into solvent, chemical intermediate, pharmaceutical, household and personal care products, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Propanol Market includes players such as BASF SE, The Dow Chemical Company, ExxonMobil Corporation, Sasol Limited, Royal Dutch Shell Plc, Eastman Chemical Company, Mitsui Chemicals, Inc., LG Chemicals Limited, Zhejiang Xinhua Chemical Co. Ltd. and Oxea GmbH.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Propanol Market Outlook
3.1. Propanol Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Propanol Market
Chapter 4. Economic Impact of COVID-19 on Propanol Market
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Propanol Market
4.3. Economic Impact Analysis
Chapter 5. Propanol Market by Type
5.1. Market Overview
5.2. N-Propanol
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Isopropanol
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Propanol Market by Application
6.1. Market Overview
6.2. Solvent
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Chemical Intermediate
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Pharmaceutical
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Household and Personal Care Products
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.6. Others
6.6.1. Market Size and Forecast, 2021-2031 ($Million)
6.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Propanol Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.2.3. North America Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.4. North America Propanol Market Size and Forecast by Country, 2021-2031, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.2.5.2. The U.S. Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.6. Canada
7.2.6.1. Canada Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.2.6.2. Canada Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.2.7. Mexico
7.2.7.1. Mexico Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.2.7.2. Mexico Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.3. Europe Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.4. Europe Propanol Market Size and Forecast by Country, 2021-2031, ($Million)
7.3.5. Germany
7.3.5.1. Germany Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.5.2. Germany Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.6. France
7.3.6.1. France Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.6.2. France Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.7. U.K.
7.3.7.1. U.K. Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.7.2. U.K. Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.8. Spain
7.3.8.1. Spain Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.8.2. Spain Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.9. Italy
7.3.9.1. Italy Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.9.2. Italy Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.3.10.2. Rest of Europe Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Propanol Market Size and Forecast by Country, 2021-2031, ($Million)
7.4.3. Asia-Pacific Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.4. Asia-Pacific Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.5. China
7.4.5.1. China Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.5.2. China Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.6. India
7.4.6.1. India Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.6.2. India Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.7. Japan
7.4.7.1. Japan Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.7.2. Japan Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.8.2. South Korea Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.4.9.2. Rest of APAC Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.5.3. Rest of the World Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.4. Rest of the World Propanol Market Size and Forecast by Country, 2021-2031, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.5.5.2. Latin America Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.5.6.2. Middle East Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
7.5.7. Africa
7.5.7.1. Africa Propanol Market Size and Forecast by Type , 2021-2031, ($Million)
7.5.7.2. Africa Propanol Market Size and Forecast by Application, 2021-2031, ($Million)
Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Development
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions
Chapter 9. Company Profiles
9.1. BASF SE
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. The Dow Chemical Company
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. ExxonMobil Corporation
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Sasol Limited
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. Royal Dutch Shell Plc
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Eastman Chemical Company
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Mitsui Chemicals, Inc.
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. LG Chemicals Limited
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Zhejiang Xinhua Chemical Co Ltd.
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Oxea GmbH
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Type
- N-Propanol
- Isopropanol
By Application
- Solvent
- Chemical Intermediate
- Pharmaceutical
- Household and Personal Care Products
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa