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The propanol market size is expected to grow at a CAGR 3.78% rate during the forecast period. Increasing demand from household & personal care and pharmaceutical applications in APAC, mainly from India, China, Japan, South Korea, and Southeast Asian countries is expected to drive the market
Isopropanol is the major type of propanol, and is widely used as a solvent in paints & coatings, pharmaceutical, inks, and household & personal care products, due to its cost-effectiveness and easy availability. The increasing demand for these products is due to high growth of end-use industries such as construction, healthcare, printing, and automotive in the developing regions of APAC, South America, and the Middle East & Africa.
By application, direct solvent is estimated to lead the is market in 2018. Isopropanol is used as a direct solvent in the manufacturing of paints & coatings, pharmaceuticals, and cosmetics. The increasing demand for isopropanol from these applications is also expected to drive the market during the forecast period.
Royal Dutch Shell Plc (Netherlands), Exxon Mobil Corporation (US), BASF SE (Germany), The Dow Chemical Company (US), LG Chem Ltd. (South Korea), Sasol Limited (South Africa), Eastman Chemical Company (US), Tokuyama Corporation (Japan), LCY Chemical Corp. (Taiwan), JXTG Holdings, Inc. (Japan), Deepak Fertilisers and Petrochemicals Corporation Ltd. (India), and OXEA GmbH (Germany) are some of the key players in market.
Key Questions Addressed by the Report
- What are the upcoming hot bets for the market?
- What are the market dynamics for different types of propanol?
- What are the market dynamics for different applications of propanol?
- Who are the major manufacturers of isopropanol and n-propanol?
- What are the major factors impacting market growth during the forecast period?
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Propanol Market, By Application
6. Propanol Market, By Type
7. Propanol Market, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
8. Company Profiles
Exxon Mobil Corporation
The Dow Chemical Company
JXTG Holdings, Inc.
Royal Dutch Shell Plc
LG Chem Ltd.
Eastman Chemical Company
LCY Chemical Corp.
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