Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1300997
PUBLISHER: Grand View Research | PRODUCT CODE: 1300997
Propanol Market Size, Share & Trends Analysis Report By Product by Application (N-propanol, Isopropyl Alcohol), By Region, And Segment Forecasts, 2023 - 2030
PUBLISHED:
PAGES: 80 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Propanol Market Growth & Trends
The global propanol market size is expected to reach USD 6.25 billion by 2030, as per the new report by Grand View Research, Inc.,expanding at a CAGR of 6.6% from 2023 to 2030. The growth is majorly driven by rising consumption of in solvents and disinfectants.
The market is segmented on basis of product namely n-propanol and isopropyl alcohol. Isopropyl alcohol is the fastest growing product segment owing to rising demand as a solvent and as a disinfectant.
To meet the expected demand from all end-use industries, manufacturers increased their production capacities. In addition, the demand for the product from the transportation, chemical and pharmaceutical industries is also expected to rise significantly. This could result in a boom in the manufacturing industry as companies increasingly rely on propanol to meet their production needs. With the recovery of the global manufacturing industry, the demand for propanol is also expected to increase.
Chronic diseases have prompted large-scale innovations in the pharmaceutical industry. As a result of the rising pandemic caused by COVID-19, there has been an increase in the demand for hand sanitizers and personal protective equipment. Many sanitizer formulations contain isopropyl alcohol. Due to the growing trend of preventive healthcare, sales of sanitizers and other related products are expected to increase.
Europe's market is the second fastest-growing regional segment. The growth is driven by rising consumption in the Germany & U.K. The rising demand from the pharmaceutical and cosmetics industry is boosting the market growth. The presence of a large number of manufacturers and constant product innovation has positioned propanol among the highly consumed solvents within the country.
Propanol Market Report Highlights
- Isopropanol is the dominating product type accounting for a revenue share of 85.9% in 2022 and is projected to grow at a highest growth rate of 7.0% from 2023 to 2030 owing to rising application as a solvent and in the production of chemical intermediates
- The direct solvent application segment of isopropyl alcohol is anticipated to grow at a CAGR of 7.4% from 2023 to 2030 by revenue owing to rising demands for paints and other chemicals.
- Asia Pacific is projected to reflect the fastest growth rate with a volumetric CAGR of 6.1% over the forecast period due to the high demand from end-use industries in countries such as China, India, Japan, and South Korea.
- In April 2020, Oxea Gmbh tripled its supply of n-propanol across Europe to meet the rising demand for hand sanitizers and disinfectants.
- The major industry participants globally are Royal Dutch Shell Plc, Exxon Mobil Corporation, BASF SE, Dow Inc., LG Chem Ltd., and Sasol Limited.
Product Code: GVR-4-68038-724-7
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Propanol Market Variables And Trends
- 3.1 Market Lineage Outlook
- 3.1.1 PropanolMarket Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Trend
- 3.2.2 Manufacturing/Technology Trend
- 3.2.3 Sales Channel Analysis
- 3.3 Price Trend Analysis, 2018 - 2030
- 3.3.1 Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.5 Trade Analysis, 2018 to 2021 (HS Code 290512)
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market Restraint Analysis
- 3.6.3 Industry Challenges Analysis
- 3.6.4 Industry Opportunities Analysis
- 3.7 Industry Analysis Tools
- 3.7.1 Porter's Analysis
- 3.7.2 Macroeconomic Analysis
Chapter 4 Propanol Market: Suppliers Portfolio Analysis
- 4.1 List Of Raw Material Suppliers
- 4.2 Portfolio Analysis/Kraljic Matrix
- 4.3 Engagement Model
- 4.4 List of Raw Material Suppliers
- 4.5 Negotiation Strategies
- 4.6 Sourcing Best Practices
Chapter 5 Propanol Market: Product by Application Estimates & Trend Analysis
- 5.1 Product By Application Movement Analysis & Market Share, 2022 & 2030
- 5.2 Propanol Market Estimates & Forecast, Product By Application (Kilotons) (USD Million)
- 5.2.1 Isopropanol
- 5.2.1.1 Isopropanol Market Estimates and Forecasts 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1.1.1 Direct Solvent
- 5.2.1.1.1.1 Isopropanol Market Estimates and Forecasts, in Direct Solvent 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1.1.2 Chemical Intermediate
- 5.2.1.1.2.1 Isopropanol Market Estimates and Forecasts, in Chemical Intermediate 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1.1.3 Pharmaceuticals
- 5.2.1.1.3.1. Isopropanol Market Estimates and Forecasts, in Pharmaceuticals 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1.1.4 Household and Personal Care
- 5.2.1.4.1.1 Isopropanol Market Estimates and Forecasts, in Household and Personal Care 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1.1.5 Others
- 5.2.1.5.1.1 Isopropanol Market Estimates and Forecasts, in Others 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2 n propanol
- 5.2.2.1 n propanol Market Estimates and Forecasts 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2.1.1 Direct Solvent
- 5.2.2.1.1.1 Isopropanol Market Estimates and Forecasts, in Direct Solvent 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2.1.2 Chemical Intermediate
- 5.2.2.1.2.1 Isopropanol Market Estimates and Forecasts, in Chemical Intermediate 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2.1.3 Others
- 5.2.2.1.3.1. Isopropanol Market Estimates and Forecasts, in Others 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1 Isopropanol
Chapter 6 Propanol Market: Regional Estimates & Trend Analysis
- 6.1 Propanol Market: Regional Outlook
- 6.2 North America
- 6.2.1 North America Propanol Market Size & Forecasts and Trend Analyses, Product By Application, 2016 - 2030 (Kilotons) (USD Million)
- 6.2.2 U.S.
- 6.2.2.1 U.S. Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3 Canada
- 6.2.3.1 Canada Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4 Mexico
- 6.2.4.1 Mexico Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2 Germany
- 6.3.2.1 Germany Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3 UK
- 6.3.3.1 UK Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4 France
- 6.3.4.1 France Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5 Italy
- 6.3.5.1 Italy Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6 Netherlands
- 6.3.6.1 Netherlands Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2 China
- 6.4.2.1 China Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3 India
- 6.4.3.1 India Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4 Japan
- 6.4.4.1 Japan Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5 South Korea
- 6.4.5.1 South Korea Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5 Central & South America
- 6.5.1 Central & South America Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2 Brazil
- 6.5.2.1 Brazil Propanol Market Size & Forecasts and Trend Analyses, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3 Argentina
- 6.5.3.1 Argentina Propanol Market Size & Forecasts and Trend Analyses, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2 Saudi Arabia
- 6.5.2.1 Saudi Arabia Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3 South Africa
- 6.5.3.1 South Africa Propanol Market Size & Forecasts and Trend Analyses, Product by Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Propanol Market: Competitive Landscape
- 7.1 Company Categorization
- 7.2 Company Heat Map Analysis
- 7.3 Company Market Positioning Analysis, 2022
- 7.4 Strategy Mapping
- 7.4.1 Expansion
- 7.4.2 Mergers & Acquisition
- 7.4.3 Collaborations
- 7.4.4 New Product Launches
- 7.4.5 Research & Development
- 7.5 Company Listing
- 7.5.1 Shell Chemicals
- 7.5.1.1 Overview
- 7.5.1.2 Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 7.5.1.3 Product Benchmarking
- 7.5.2 ExxonMobil
- 7.5.3 BASF SE
- 7.5.4 Dow Inc.
- 7.5.5 Sasol Limited
- 7.5.6 Eastman Chemical Company.
- 7.5.7 Tokuyama Corporation
- 7.5.8 Lyonellbasell
- 7.5.9 Solvay
- 7.5.10 KH Chemicals
- 7.5.11 Dairen Chemical Corporation
- 7.5.1 Shell Chemicals
Product Code: GVR-4-68038-724-7
List of Tables
- Table 1 List of Potential End-Users
- Table 2 List of Key Raw Material Suppliers
- Table 3 U.S. macro-economic outlay
- Table 4 Canada macro-economic outlay
- Table 5 Mexico macro-economic outlay
- Table 6 Germany macro-economic outlay
- Table 7 UK macro-economic outlay
- Table 8 France macro-economic outlay
- Table 9 Italy macro-economic outlay
- Table 10 Netherlands macro-economic outlay
- Table 11 China macro-economic outlay
- Table 12 India macro-economic outlay
- Table 13 Japan macro-economic outlay
- Table 14 South Korea macro-economic outlay
- Table 15 Brazil macro-economic outlay
- Table 16 Argentina macro-economic outlay
- Table 17 Saudi Arabia macro-economic outlay
- Table 18 South Africa macro-economic outlay
- Table 19 Company Heat Map Analysis
List of Figures
- Fig. 1 Propanol Market Segmentation & Scope
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Propanol Market Snapshot
- Fig. 7 Propanol Market Segmental Outlook
- Fig. 8 Propanol Market Competitive Insights
- Fig. 9 Propanol Market Size, 2022 (Million Tons)
- Fig. 10 Propanol Market: Value Chain Analysis
- Fig. 11 Global Propanol Market: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
- Fig. 12 Global Propanol Market Dynamics
- Fig. 13 Global Sanitizers Sales, 2019 - 2022
- Fig. 14 Global Propanol Market: PORTER'S Analysis
- Fig. 15 Global Propanol Market: Macroeconomic Analysis- PESTLE Analysis
- Fig. 16 Propanol Price USD/ton, 2021
- Fig. 17 Portfolio Analysis/Kraljic Matrix
- Fig. 18 Propanol Market Estimates & Forecasts, Product By Application: Key Takeaways
- Fig. 19 Propanol Market Share, Product by Application, 2022 & 2030
- Fig. 20 Propanol Market Estimates & Forecasts, by Product by Application, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 21 North America Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 22 U.S. Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 23 Canada Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 24 Mexico Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 25 Europe Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 26 Germany Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 27 UK Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 28 France Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 29 Italy Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 30 Netherlands Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 31 Asia Pacific Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 32 China Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 33 India Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 34 Japan Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 35 South Korea Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 36 Central & South America Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 37 Brazil Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 38 Argentina Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 39 Middle East & Africa Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 40 Saudi Arabia Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 41 South Africa Propanol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 42 Global Propanol Market - Company Categorization
- Fig. 43 Strategy Mapping
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.