Press release
Propargyl Alcohols Market To Witness Steady Growth During The Forecast Period 2015 – 2023
Propargyl alcohol is a colorless viscous liquid organic compound containing an alkyne functional group. Propargyl alcohol is miscible with several popular organic solvents as well as water. It is produced as a byproduct of industrial synthesis of 1, 4-Butynediol or by copper catalyzed addition of formaldehyde with acetone. Propargyl alcohol is flammable and highly toxic liquid. Propargyl alcohol is usually used as an intermediate in the processing of various industrial chemicals. Propargyl alcohol is also used as a corrosion inhibitor component in the manufacture of several industrial products.For More Industrial Insights Get PDF Brochure:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4566
As an intermediate, propargyl alcohol is used for the synthesis of pesticides, antibiotics, as an iron dissolution inhibitor in mineral acids, a precursor to fungicides amongst others. Propargyl alcohol also finds applications as a corrosion inhibitor during oil well simulation as an electroplating bath additive. The end-user industry where propargyl alcohol is extensively used includes oilfield solutions, furniture, paints and coatings, personal care and hygiene and paper amongst others. Propargyl alcohol is used in industrial as well as automotive paints and coatings across the globe. The demand for propargyl alcohol is anticipated to be mainly driven by the paints and coatings industry along with oil and gas industry. The demand for Propargyl alcohol is expected to run parallel to the demand for corrosion inhibitors across various industries. The growing demand for automobiles across the globe is expected to drive the market for automotive paints and coatings, thus consequently driving the market for Propargyl alcohol in the next few years. The growth in oilfield activities is also expected to drive the market for corrosion inhibitors in the next few years. New and upcoming shale gas reserves in North America and various other parts of the globe are anticipated to further drive the market for corrosion inhibitors and subsequently Propargyl alcohol. The demand for Propargyl alcohol from agriculture industry is also projected to show strong growth in the near future. Burgeoning population in Asia Pacific and other regions is anticipated to drive the demand for pesticides and agricultural products across the globe. With Propargyl alcohol being a key intermediate in the production of these chemicals, the demand for Propargyl alcohol is forecasted to show robust growth in the forecast years.
In terms of demand Asia Pacific was the largest consumer of propargyl alcohols followed by North America, Europe and Rest of the World. In North America U.S was the largest market for propargyl alcohols followed by Canada and Mexico. The demand for Propargyl alcohol is largely driven by the paints and coatings industry in this region. The demand for propargyl alcohols is also projected to witness strong growth in European countries such as Germany, France, U.K, Italy etc. on account of growing automotive sector in these countries. The demand for propargyl alcohols is also anticipated to witness strong growth in the Asia Pacific countries such as China, India, Indonesia etc. With growing industrial and agricultural activities in these regions the demand for propargyl alcohols is also expected to grow on similar lines. This high demand for propargyl alcohols stems from the growing demand for agricultural products and automotive paints and coatings industry in this region. The economic conditions of Brazil, Russia and South Africa are on similar track and hence the demand for propargyl alcohols is also projected to be high in these countries.
Request for Customization:
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=4566
Some of the major companies operating in the global propargyl alcohols include BASF SE, Alfa Aesar and Ashland Inc. among others.
ABOUT US:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Propargyl Alcohols Market To Witness Steady Growth During The Forecast Period 2015 – 2023 here
News-ID: 1462810 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for Propargyl
Global Propargyl Chloride Sales Analysis Report: By Region, Players, Type, Appli …
Global Info Research announces the release of the report "Global Propargyl Chloride Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides a detailed overview of the Propargyl Chloride market scenario, including a thorough analysis of the Propargyl Chloride market size, sales quantity, average price, revenue, gross margin and market share.The Propargyl Chloride report provides an in-depth analysis of the competitive landscape, manufacturer's profiles, regional and…
Global Clodinafop Propargyl Market: Growth Trends & Insights | DataM Intelligenc …
Market Overview:
In 2023, the global Clodinafop Propargyl Market soared to US$ 200.2 million, projecting a promising trajectory to touch US$ 321.5 million by 2031, with a notable CAGR of 6.1% during 2024-2031.
The surging adoption of clodinafop propargyl in agriculture, owing to its efficacy in controlling grass weeds, particularly in wheat and barley crops, stands as a pivotal driver fuelling market expansion. Moreover, the escalating awareness among farmers regarding the benefits…
Clodinafop Propargyl Herbicide Market 2023 | Detailed Report
The Clodinafop Propargyl Herbicide research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market's key players. Furthermore, the report offers insightful market data and information about the Clodinafop…
Methyl Propargyl Ether market: Market Indicators Showing Positive Outlook | TCI, …
"The global Methyl Propargyl Ether Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Methyl Propargyl Ether Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
Propargyl Alcohol Market Overview With Detailed Analysis 2022-2028
According to Precision Business Insights (PBI), the latest report, the propargyl alcohol market held a significant market share during the estimated period. The primary driver of the expansion of the global propargyl alcohol market is utility in oilfield solutions, furniture, paints and coatings, personal care and hygiene, and paper sectors.
View the detailed report description here - https://precisionbusinessinsights.com/market-reports/propargyl-alcohol-market/
Paint and…
Global Propargyl Chloride Market
Buy Now
Propargyl chloride, also well-known as 3-chloro-1-propyne, is an organic compound with the formula C3H3Cl. It is an adaptable intermediate with a variability of applications and can be utilized in the production procedure of the pharma ingredients.
According to the report analysis, 'Global Propargyl Chloride (CAS 624-65-7) Market, 2021-2027' states that Alashan Zuoqi Kaiyun Chemical Co., Ltd., BASF SE, Chizhou Zhongrui Chemical Co., Ltd., Xuzhou Yongli Fine Chemical Co., Ltd.,…