openPR Logo
Press release

N-Propanol Market Poised for Steady Growth Driven by Diverse Applications

06-20-2024 05:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

N-Propanol Market

N-Propanol Market

The global N-Propanol market is expected to witness significant growth in the coming years, driven by its expanding application base across various industries. According to Reports and Data, the market size was valued at USD 13,44.523 million in 2022. exhibiting a Compound Annual Growth Rate (CAGR) of 5.63% during the forecast period 2000-2055.
Market Overview and Trends

N-Propanol, a three-carbon alcohol, finds application as a versatile solvent, chemical intermediate, and fuel additive. The market is witnessing a rise in demand from the paints & coatings, pharmaceuticals, food & beverages, and cleaning & disinfecting industries. The increasing use of bio-based N-Propanol, driven by environmental concerns, is a notable trend shaping the market landscape.

Get Free Sample PDF Copy Of This Report@

Key Drivers Fueling Market Growth

Rising Demand in Paints & Coatings: The growing demand for paints & coatings in the building & construction and automotive industries is a primary driver of the N-Propanol market. N-Propanol serves as a crucial solvent in these applications due to its efficient evaporation rate and ability to dissolve various resins.

Expanding Pharmaceutical Applications: N-Propanol plays a vital role in the pharmaceutical industry as a solvent for extracting active ingredients, a sterilizing agent, and a precursor for various pharmaceutical products. The rising demand for pharmaceuticals globally is expected to propel the N-Propanol market growth.

Bio-Based N-Propanol Gaining Traction: Environmental regulations and the growing preference for sustainable solutions are driving the demand for bio-based N-Propanol derived from renewable feedstocks like corn or sugarcane. This trend is expected to create lucrative opportunities for market participants.

Restraints and Challenges

Fluctuations in Feedstock Prices: The N-Propanol market is susceptible to fluctuations in the prices of its feedstocks, such as propylene and corn. This volatility can impact production costs and profitability for market players.

Strict Environmental Regulations: Stringent regulations on air and water pollution control can pose challenges for N-Propanol manufacturers. Investments in emission control technologies might be required to comply with these regulations.

Growth Opportunities

Expansion in Emerging Economies: The burgeoning demand for N-Propanol in emerging economies like China and India, driven by rapid industrialization and urbanization, presents significant growth opportunities for the market.

Innovation in Bio-Based Production: Technological advancements in bio-based N-Propanol production processes can lead to increased efficiency and cost-effectiveness, further propelling market growth.

Development of New Applications: The exploration of new applications for N-Propanol in industries like electronics and personal care can create additional avenues for market expansion.

Browse Detailed Summary of Research Report with TOC:

Key Market Insights (SWOT Analysis)

Strengths: Versatile applications, growing demand for bio-based alternatives, cost-effectiveness compared to some other solvents.

Weaknesses: Dependence on feedstock prices, potential health and safety hazards associated with N-Propanol exposure.

Opportunities: Rising demand in emerging economies, innovation in bio-based production, exploration of new applications.

Threats: Stringent environmental regulations, competition from substitute solvents.

Competitive Landscape:

The competitive landscape of the global n-propanol market is moderately fragmented with some major companies operating on global and regional levels. Major companies are engaged in product development and strategic alliances to expand their respective product portfolios and gain a robust footprint in the global market. Some major companies in the market report include BASF SE, Dow, Eastman Chemical Company, Sasol, OQ Chemicals GmbH, Merck KGaA, Solvay, Chang Chun Group, Ningbo Juhua Chemical & Science Co., LTD., Zibo Nalcohol Chemical Co., Ltd., Solventis, Spectrum Chemical, Tokyo Chemical Industry Co., Ltd., KH Chemicals, and A. B. ENTERPRISES.

Latest Strategic Developments and M&A Activity
The N-Propanol market is witnessing a rise in strategic collaborations and mergers & acquisitions (M&A) activities. Major players are focusing on expanding their production capacities, developing new bio-based production technologies, and strengthening their presence in high-growth markets.

Segments Covered in the Report
This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of the market trends in each of the sub-segments from 2000 to 2055. For the purpose of this report, Reports and Data has segmented the global n-propanol market based on grade, application, end-use, and region:

By Grade Outlook

Technical Grade

Pharmaceutical Grade

Food Grade

Industrial Grade

By Application Outlook



Cleaning Agent

Food Additive


By End-Use Outlook


Personal Care and Cosmetics


Paint and Coatings

Food & Beverage (F&B)


Ask for Customization:

Country scope

U.S.; Canada; U.K.; Germany; France; BENELUX; China; India; Japan; South Korea; Brazil; Saudi Arabia; UAE; Turkey

Contact Us:
John W
Head of Business Development
Reports and Data | Web:
Direct Line: +1-212-710-1370

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision

This release was published on openPR.

Permanent link to this press release:

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 N-Propanol Market Poised for Steady Growth Driven by Diverse Applications here

News-ID: 3547197 • Views:

More Releases from Reports and Data

Regenerative Medicine Market Poised for Exponential Growth: A Promising Future for Healthcare
Regenerative Medicine Market Poised for Exponential Growth: A Promising Future f …
The global regenerative medicine market is on a trajectory for substantial growth, driven by advancements in technology, rising chronic disease burdens, and a growing focus on personalized medicine. According to a report by Reports and Data, the market is expected to reach a staggering USD 87.1 billion by 2032, reflecting a significant Compound Annual Growth Rate (CAGR) of 14.3%. Market Overview Regenerative medicine encompasses a range of innovative therapies designed to repair,
Infusion Therapy Market Poised for Steady Growth Driven by Aging Population and Chronic Disease Prevalence
Infusion Therapy Market Poised for Steady Growth Driven by Aging Population and …
The global infusion therapy market is expected to witness continued growth in the coming years, fueled by several key factors. This press release by Reports and Data provides a comprehensive overview of the market, analyzing trends, drivers, restraints, and growth opportunities. Market Overview The global infusion therapy market reached a value of USD 44.2 Billion in 2022. This market encompasses the administration of medications through intravenous , subcutaneous, and other non-oral routes.
Capsule Endoscopy Market Poised for Significant Growth Driven by Minimally Invasive Diagnostics
Capsule Endoscopy Market Poised for Significant Growth Driven by Minimally Invas …
The global capsule endoscopy market is experiencing a surge in demand, driven by the increasing preference for minimally invasive diagnostic procedures. According to Reports and Data, the market was valued at USD 507.5 Million in 2021 and is projected to reach USD 1086.0 Billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 8.8 %. Market Overview Capsule endoscopy utilizes a tiny wireless camera encapsulated in a pill-sized capsule that patients
Fluorouracil Market Research Update, Size Estimation, Future Scope, Revenue Opportunities
Fluorouracil Market Research Update, Size Estimation, Future Scope, Revenue Oppo …
Fluorouracil is a cornerstone chemotherapeutic drug used to treat various cancers, including colorectal, breast, and skin cancers. The market has witnessed steady growth due to the increasing prevalence of cancer globally. According to a 2020 report by the World Health Organization (WHO), approximately 19.3 million new cancer cases were diagnosed worldwide. This number is expected to rise significantly in the coming years due to factors such as an aging population

All 5 Releases

More Releases for Chemical

Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries. 4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol. Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016. The 4-hydroxybenzaldehyde industry is highly concentrated
Industrial Sodium Nitrate Market Increasing Demand with Key Players: XuHang Chem …
Qyresearchreports include new market research report “Global Industrial Sodium Nitrate Market Professional Survey Report 2018” to its huge collection of research reports. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering SQM Hualong Ammonium Nitrate XuHang Chemical FuYuan Chemical LuGuang Chemical YuanHua Chemical XinHao Chemical FengYuan Chemical Longsheng Jiaocheng Zhongyuan Chemical Jiaocheng MingXing Chemical Huaertai Chemical To Download Sample Report With TOC: On the basis of product, this report displays the production, revenue,
Zinc Sulphate Market Key Players Profiles and Analysis 2027: Lantian Chemical, L …
Market Research Future published a half cooked research report on “Global Zinc Sulphate Industry Market” – Market Analysis, Scope, Stake, Growth, Trends and Forecasts 2017-2027. Introduction: Market Research Future introduces about the Global Zinc Sulphate Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on
Global Nickel Naphthenate market 2017 - Minghuan Chemical, Zhang Ming Chemical, …
Apex Market Reports, recently published a detailed market research study focused on the "Nickel Naphthenate Market" across the global, regional and country level. The report provides 360° analysis of "Nickel Naphthenate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Nickel Naphthenate industry, and estimates the future trend of Nickel Naphthenate market
Zinc Sulphate Market Key Profile- Lantian Chemical, LiHong Chemical, Rech Chemic …
Global Zinc Sulphate Market: Overview Zinc sulphate is an inorganic compound which is colorless, water soluble powder and crystalline and having a chemical formula of ZnSO4. Zinc Sulphate comes from zinc which is a naturally occurring mineral from the earth surface, food and water and it is mostly recognized for the growth and development of human health issues. Zinc Sulphate is typically used in healthcare industries in the treatment of zinc