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N-Propyl Bromide Market Covering Growth Inclinations & Development Strategies until 2018-2026 // Top Corporations - Reliance Specialty Products Inc., Enviro Tech International Inc., Unistar Chemical, Oceanchem Group Limited

06-11-2019 01:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

N-Propyl Bromide Market Covering Growth Inclinations &

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.

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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.

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. 

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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.

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.

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.

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.

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.

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.

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.

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