Propanol Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024
Propanol Market: Growth in the chemicals, agriculture and cosmetics & personal care industry are key drivers for Global Propanol Market.
The scope of Propanol Reports –
Propanol is a colorless alcohol which exists in two isomeric forms known as Isopropanol and n-Propanol. Isopropanol is also known as isopropyl alcohol which is colorless, flammable alcohol with distinct odor. It has a wide range of application in different industries such as pharmaceutical, cosmetics, paints, dyes, inks, adhesives and others. Propanol is also uses as chemical intermediate in manufacturing of various chemicals such as isopropyl esters, isopropyl amines and others. So, during the study of Propanol market, we have considered propanol product type and applications to analyze the market.
Global Propanol Market report is segmented on the basis of product type, application type, and by regional & country level. Based upon Product type, global Propanol Market is classified as Isopropanol and n-Propanol. Based upon Application type, global Propanol Market is classified as Solvent, Chemical Intermediate, Cosmetics and Pharmaceuticals, Cleansers, Adhesives, and Agricultural Chemicals.
The regions covered in this Propanol Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Propanol is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Propanol Market Reports–
Global Propanol market report covers prominent players like Dow Chemical Company, ISU Chemical Co Ltd., BASF SE, Eastman Chemical Company, China National Petroleum Corporation, Mitsui Chemicals Inc., Royal Dutch Shell Plc., Oxea GMBH, Zhejiang Xinhua Chemical Co Ltd., LCY Chemical Corp., LG Chem Ltd. and others.
Global Propanol Market Dynamics –
The commercialization and growth of global propanol market over the past 25 years has been highly impactful. Due to the increased used from various industries and also used as precursor are the factors driving the growth of Propanol market. Furthermore, Increase in the consumption of cosmetics, paints, others and increase in the pharmaceutical industry with the increase in healthcare industry has also fueled the growth of Propanol market. For instance, as per primary report, in 2016, the global cosmetic market grew an estimated of around 4% in comparison to the previous year and skincare was the leading category, accounting for about 36 percent of the global market. Increase in the automotive and construction is also expected to support the growth of Propanol market due to the increase in the demand of coating agent. Various technological advancements in different sectors are also expected to create various opportunities over the forecast period. However, stringent rules and regulations associated with the handling and transportation of organic compound may hamper the growth of Propanol market.
Global Propanol Market Regional Analysis –
North America dominates the market with highest market share which is closely followed by Europe over the forecast period due to increasing demand of cosmetics, pharmaceutical and personal care industries in this region. Most of the cosmetics and personal care products manufacturing companies are from these regions and growing chemical industry will also support the growth of Propanol market in these regions. Asia Pacific is expected to experience a significant growth due to the presence of major consumers from developing regions such as India, China, South Korea and others. High demand of Propanol from chemical industries as paints, solvents and coatings are the major factors. Due to the globalization there is shifting in various production sites to the developing economies in these regions are further expected to support the growth of Propanol market.
Key Benefits for Global Propanol Market Reports –
Global Propanol market report covers in depth historical and forecast analysis.
Global Propanol Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Propanol Market report helps to identify opportunities in market place.
Global Propanol Market report covers extensive analysis of emerging trends and competitive landscape.
Global Propanol Market Segmentation –
by Product type analysis:
by Application type Analysis
Cosmetics and Pharmaceuticals
by Regional & Country Analysis
The Middle East and Africa
Rest of Middle East and Africa
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