N-Propyl Bromide Market to Witness a Healthy Growth during 2018 to 2026

Global N-Propyl Bromide Market: Snapshot

N-Propyl Bromide, also known as 1-bromopropane, is a colorless liquid with a characteristic hydrocarbon odor. It is soluble in organic solvents and slightly soluble in water. n-Propyl Bromide is used as an intermediate in inorganic synthesis and in agricultural chemicals and pharmaceuticals. It can also be used as an organic cleaning solvent for degreasing, precision cleaning, electronics, adhesives, and metal cleanings.

To produce pesticides, fragrances, flavors, pharmaceuticals, and the other chemicals, n-Propyl Bromide is used. The chemical formula is C3H7Br. 1-bromopropan has no flash point, dries quickly, leaves no residue and contains no chlorine. It is denser than water, and soluble in it. The Flash point of n-Propyl Bromide is 75°F. When heated to elevated temperatures, it may emit toxic fumes. The product witnesses a large demand from several end-use industries, majorly pharmaceuticals, pigments and dyes, and agrochemicals. This is expected to bolster the growth of the global n-Propyl Bromide market to a great extent in the coming years.

Request for Brochure @ https://www.factmr.com/connectus/sample?flag=B&rep_id=589

USA overall was the dominant producer and exporter of n-Propyl Bromide, but strong growth in emerging markets, especially in China and India, means that Asia is assuming dominance as a producing and exporting region. In 2015, the world production of n-Propyl Bromide reached 75457 MT. In the last 15 years, U.S. production and use of n-Propyl Bromide has increased nearly tenfold, primarily as a result of aggressive marketing of n-Propyl Bromide as a drop-in substitute for the carcinogenic chlorinated solvents TCE and PCE, and as an “acceptable” substitute for other more potent ozone depleting substances. Now concerns are mounting about the health risks of n-Propyl Bromide, as well as its own ozone depletion potential. For example, the European Union has designated n-Propyl Bromide as a Substance of Very High Concern based on reproductive toxicity.

Global N-Propyl Bromide Market Introduction

N-Propyl Bromide is a category of highly advanced non-chlorinated, non-flammable solvents majorly used as cleaning or degreasing solvent for removing contaminants such as grease, lubricants, and fluxes from metal machining parts. N-propyl bromide is known by alternative names such as normal propyl bromide, bromopropane, NPB amongst others. N propyl bromide is widely being used as an effective alternative to chlorinated solvents for metal cleaning applications and also as replacement for traditionally used ozone depleting solvents. Despite the major use of as cleaning and degreasing solvent, n-propyl bromide is also used as chemical intermediate across a number of end use industries such as agricultural and pharmaceutical.

Global N-Propyl Bromide Market Dynamics

Market Drivers

N propyl bromide is used as an alternative to conventionally used chlorinated cleaning solvents such as trichloroethylene, trichloroethane, perchloroethylene, and methylene chloride. The major advantage of using n propyl bromide is the reduced flammability. N propyl bromide is being used as vapor degreasing solvent, metal cleaning and dry cleaning solvent.

Another major factor driving the demand for n propyl bromide market is the easier availability and cheaper cost. Thus it is economic to use over a range of applications.

Market Restraints

One of the major factor impeding the growth of n-propyl bromide market is the use of advanced hydrocarbon solvents such as de-aromatic solvents in metal cleaning applications and paints, coatings and inks applications and have relatively lower organic volatile content as compared to n-propyl bromide.

Another major factor restraining the growth of n-propyl bromide market is the use of water based paints and coatings and powder coatings which is likely to impact the global demand for n-propyl bromide market.

Various government organizations such as USEPA have also regulated the use of n-propyl bromide for aerosols and adhesives application and promoted the use of other solvents which are even less harmful to ozone layer.

Moreover, there has also been an increase in bio based solvents which may hamper the demand for n-propyl bromide in the long run.

Request TOC of this Report @ https://www.factmr.com/connectus/sample?flag=T&rep_id=589

Market Trends

The global n-propyl market is majorly an unorganized market governed by a sizeable number of regional players. Therefore as a differentiating strategy with the manufacturers have started providing customized product offerings for tailored specific applications.

Moreover, there has also been an increase in use of n-propyl bromide for aerospace parts cleaning applications. These solvents have shown improved performance in vapor degreasing applications and also prevents rusting and degradation.

Global N-Propyl Bromide Market Segmentation

The global N-Propyl Bromide market can be segmented on the basis of application and region

On the basis of application, the global N-Propyl Bromide market can be segmented as:

Degreasing solvent
Solvent carrier in adhesives
Chemical Intermediate
Others
On the basis of end use industry, the global n-propyl bromide market can be segmented as:

Metal Working
Aerospace
Electrical and electronics
Drilling Fluids
Paints and coatings
Adhesives and Sealants
Agricultural
Pharmaceutical
Others
Global N-Propyl Bromide Market: Regional Outlook

The global N-Propyl Bromide market by consumption is anticipated to be dominated by Asia Pacific region. With the burgeoning paints and coatings industry in the region predominated by China and India, the demand for n-propyl bromide is projected to grow. Moreover, a significant share in demand is projected to come from metal cleaning applications owing to the growing demand for degreasing solvents in metal working applications. North America and Europe are also projected to hold significant share in the global demand for n-propyl bromide owing to the growing regulations for the harmful effects of chemicals on ozone layer causing depletion, thus there has been a projected rise in demand for n-propyl bromide market. Other regions such as Latin America, Japan and Middle East and Africa are projected to hold relatively smaller share in the global n-propyl bromide market and are expected to witness relatively sluggish growth over the forecast period.

Global N-Propyl Bromide Market Participants

Some of the market participants identified across the value chain of the global N-Propyl Bromide market are:

Lanxess AG
The Dow Chemical Company
Reliance Specialty Products, Inc.
Enviro Tech International, Inc..
Unistar Chemical
Oceanchem Group Limited
Megaloid Laboratries Ltd.
Solaris Chemtech
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.