Press release
Key Factor Supporting Propanol Market Development in 2025: Pharmaceutical Demand Fuels Propanol Market Growth
Propanol
How Large Will the Propanol Market Size By 2025?
In the past years, the size of the propanol market has seen robust growth. It is projected to rise from $3.83 billion in 2024 to $4.02 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.0%. The expansion during the historic period is largely due to the demand for industrial solvents, the growth of the paints and coatings industry, pharmaceutical manufacturing, the formulation of consumer products, electronics' surface coating, as well as the printing and packaging industry.
How Big Is the Propanol Market Size Expected to Grow by 2029?
Expectations are high for robust expansion in the propanol market size in the coming years. By 2029, the market is forecasted to reach $5.05 billion with a compound annual growth rate (CAGR) of 5.9%. The predicted growth within this period can be ascribed to factors like manufacturing of pharmaceutical APIs, ecological formulations, budding biotechnology applications, emphasis on green chemistry, increased use in personal care products, and a move towards waterborne coatings. Noteworthy trends to look out for during this period encompass technological innovations in production procedures, elevated demand for sanitizers and disinfectants, transition to bio-based propanol, capacity increments by prominent manufacturers, and strategic alliances and partnerships.
View the full report here:
https://www.thebusinessresearchcompany.com/report/propanol-global-market-report
Which Key Market Drivers Powering Propanol Market Expansion and Growth?
The propanol market is projected to expand, fueled by escalating demand for pharmaceuticals. Factors like the aging global population, growing prevalence of chronic diseases, and widening healthcare accessibility in developing regions, are leading to a surge in pharmaceutical demand. Propanol finds utility in the pharmaceutical sector as it works as a solvent in medication production, helping dissolve active ingredients and maintain correct viscosity in liquid formulations. For example, the Government of Canada reported in August 2024 that domestic exports in the pharmaceutical trade rose to 12.79 in 2022, up from 10.71 in 2021, while imports climbed to 30.21 from 26.63 over the same period. This growth in both exports and imports reveals a booming pharmaceutical trade sector. As a result, the propanol market is being propelled by this increased demand in pharmaceuticals.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7960&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Propanol Market?
Key players in the propanol market are concentrating on advancing strategic partnerships and collaborations in order to maintain their market dominance. These strategic alliances stimulate innovation, boost production capabilities, and enable entry into new markets, thus promoting overall market development. For instance, in March 2022, a strategic partnership was announced between SHV Energy, a Netherlands-based off-grid energy distributor, and LanzaTech, a US-based chemical manufacturing firm. The partnership aims to deliver renewable propane and other sustainable fuels via established and novel distribution channels. The alliance will primarily focus on the advancement of LanzaTech's existing synthetic biology platform and CCT technology, which repurposes waste carbon into sustainable fuels and other materials such as fabrics, packaging, and other products.
What Are the Emerging Segments in the Propanol Market?
The propanol market covered in this report is segmented -
1) By Type: Iso-Propanol, N-propanol
2) By Grade: Technical Grade, Pharmaceutical Grade, Cosmetic Grade, Electronic Grade
3) By End User: Pharmaceuticals, Chemicals, Personal Care, Printing Inks, Paints And Coatings, Other End Users
Subsegments:
1) By Iso-Propanol (Isopropyl Alcohol): Industrial Grade, Pharmaceutical Grade, Cosmetic Grade
2) By N-Propanol (N-Propyl Alcohol): Industrial Grade, Pharmaceutical Grade
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7960&type=smp
Who Are the Global Leaders in the Propanol Market?
Major companies operating in the propanol market are The Dow Chemical Company, BASF SE, Deepak Fertilizers and Petroleum Corporation Limited, DuPont de Nemours Inc., Eastman Chemical Company, ExxonMobil Chemical Company, Honeywell International Inc., LyondellBasell Industries NV, Mitsui Chemicals Inc., Nanjing Wujiang Chemical Company Limited, Royal Dutch Shell PLC, Sasol Limited, Tokuyama Corporation, Ineos Group Holdings Limited, Arkema SA, Braskem SA, Celanese Corp., Chevron Phillips Chemical Company, Evonik Industries AG, Formosa Plastics Corporation, LG Chem Ltd., Lotte Chemical Corp., Merck Co. & KGaA, Perstorp Chemicals India Private Limited, PetroChina Co. Ltd., PTT Global Chemical Public Company Limited, Reliance Industries Ltd., Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, Solvay SA, Westlake Chemical Corp.
Which are the Top Profitable Regional Markets for the Propanol Industry?
Asia-Pacific was the largest region in the propanol market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the propanol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7960
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Key Factor Supporting Propanol Market Development in 2025: Pharmaceutical Demand Fuels Propanol Market Growth here
News-ID: 4086490 • Views: …
More Releases from The Business Research Company
Global Boron Fertilizers Market Size, Share, and Forecast Analysis 2025-2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Boron Fertilizers Market Size Forecast for 2025?
In recent years, the market size of boron fertilizers has seen substantial growth. Its predicted escalation from $2.99 billion in 2024 to $3.18 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%, is considerable. The phenomenal growth…
Bio Plasticizers Market is Anticipated to Expand upto $2.41 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Bio Plasticizers Industry?
The market size of bio-plasticizers has seen robust growth in the past years. The expected growth is from $1.68 billion in 2024 to $1.79 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.2%. This consistent growth…
Global Agricultural Coatings Market Expansion at 8.8% CAGR, Valued at $6.32 Bill …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Agricultural Coatings Market Size Forecast for 2025?
In recent times, there has been a significant expansion in the size of the agricultural coatings market. It is predicted to increase from $4.17 billion in 2024, to a valuation of $4.5 billion in 2025, growing at a compound annual…
Wood Coating Resins Global Market Insights: Growth Drivers, Size & Forecasts to …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Wood Coating Resins Industry?
The market size of wood coating resins has seen consistent growth in the past few years. There will be a growth from $4.41 billion in 2024 to $4.59 billion by 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Propanol
Propanol (Isopropanol & N-Propanol) Market Size Trends and Forecast by Applicati …
According to Market Research Intellect, the global Propanol (Isopropanol & N-Propanol) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Propanol market, encompassing isopropanol and n-propanol, is witnessing steady growth driven by its extensive use…
Propanol (Isopropanol & N-Propanol) Market by Key Players,Competitive landscape …
LOS ANGELES, United States: QY Research offers an encyclopedic study of the global Propanol (Isopropanol & N-Propanol) market with holistic insights into vital factors and aspects that impact future market growth. The global Propanol (Isopropanol & N-Propanol) market has been analyzed for the forecast period . In order to help players to gain comprehensive understanding of the global Propanol (Isopropanol & N-Propanol) market and its critical dynamics, the research study provides…
Global N-Propanol Market, Global N-Propanol Industry, Covid-19 Impact Global N-P …
N-propanol or n-propyl alcohol is a straight chain three-carbon oxoalcohol. It is a colorless medium boiling liquid, which is widely used in flexo and other printing ink applicationsIt has a very mild ethanol-like odor and is completely soluble in water. It is generally used in organic synthesis, as a chemical intermediate and as a coating-solvent. Owing to its unique properties, N-propanol forms the basis of numerous chemicals that are used…
Propanol (Isopropanol & N-Propanol) Market : Major Factors That Can Increase The …
Leading market players analyzed in the report include Royal Dutch Shell Plc, The Dow Chemical Company, ExxonMobil Chemical Company. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
Allied Market Research published a new report, titled, “World Propanol (Isopropanol & N-Propanol) Market - Opportunities and Forecasts, 2021-2028.” The report offers an extensive analysis of…
Propanol (Isopropanol & N-Propanol) Market Expected To Grow Faster According New …
Allied Market Research published a new report, titled, World Propanol (Isopropanol & N-Propanol) Market - Opportunities and Forecasts, 2020-2027." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken…
Explosive Growth And Attractive Opportunities in Propanol (Isopropanol & N-Propa …
Allied Market Research published a new report, titled, World Propanol (Isopropanol & N-Propanol) Market - Opportunities and Forecasts, 2020-2027." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken…
