Propanol Market to 2027 Is Booming Worldwide | Growth & Revenue By Leading Players:BASF SE, Eastman Chemical Company, Exxon Mobil Corporation, LCY GROUP, LG Chem, OXEA GmbH

The propanol is primary alcohol which is industrially produced by the catalytic dehydrogenation of propionaldehyde. It is a colorless liquid and a major constituent of fusel oil. Propanol is a commonly used solvent and intermediate used in industries to produce other solvents such as antifreezes, lacquer formulations, soaps, dye solutions, and window cleaners. It acts as an intermediate in the manufacture of halides, propyl amines, and propyl acetate. In medical industries, propanol is used in several medicines including inhalants and as antiseptics in the manufacture of hand sanitizers solutions and wipes. Also, cosmetic applications of the compound includes polish remover and perfumes.

The propanol market is anticipated to grow in the forecast period owing to driving factors such as increasing demands from paints and coatings industries coupled with the growth of the construction and automotive sectors. Rapid developments in the pharmaceutical industry is another major factor driving the growth of the propanol market. However, high VOC emissions and solvent recycling technology restrict the growth of the propanol market. Nonetheless, the market is likely to showcase growth opportunity with growing demands for industrial solvents in the emerging economies.

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The key Manufacturers covered in this report:

BASF SE
Eastman Chemical Company
Exxon Mobil Corporation
LCY GROUP
LG Chem
OXEA GmbH
Royal Dutch Shell plc
Sasol Limited
The Dow Chemical Company
Tokuyama Corporation

Key Benefits of Buying this Research Study:

1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Propanol Market

2. Highlights key business priorities in order to assist companies to realign their business strategies

3. The key findings and recommendations highlight crucial progressive industry trends in the Propanol Market, thereby allowing players across the value chain to develop effective long term strategies

4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

The global propanol market is segmented on the basis of type and application. Based on type, the market is segmented as isopropanol and n-propanol. On the basis of the application the market is segmented as direct solvent, chemical intermediate, household & personal care, pharmaceutical, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global propanol market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The propanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting propanol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the propanol market in these regions.

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