Global Propanol Market Size was valued nearly USD 3.5 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.0% during the forecast period, i.e. 2017-2025 owing to increasing demand from major application such as direct solvent, chemical intermediate, pharmaceutical, household and personal care. The market has been segmented basis on type such as N-Propanol, Isopropanol. The developing economies such as China, Japan, India, Malaysia, South Korea, and Rest of APAC will collect major industry share over the forecast period in terms of revenue and growth in the Asia Pacific region.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025   

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global propanol market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global propanol market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamic

Global Propanol Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.0% during the forecast period, i.e. 2017-2025.

Segment Analysis

Based on type, the propanol market has been segmented into N-Propanol, Isopropanol. The propanol segment is projected to dominance over the forecast years. Owing to it is used as a solvent in diverse applications, such as paints & coatings, pharmaceutical, inks, and household & personal care products. It is frequently used in various applications due to low cost and easy availability. Growing the demand these products in high growth industries such as construction, healthcare, printing, and automotive in the developing countries like India, China, Japan, South Korea, Indonesia and Australia is projected to boost the demand for product.

Based on application, the propanol market is classified into direct solvent, chemical intermediate, pharmaceutical, household and personal care. The direct solvent segment is projected to lead the overall industry over the forecast period due to the increasing growth and demand of the construction, automotive, healthcare, and beauty care industries is estimated to boost the demand for isopropanol. In other hand others the developing countries such as China and India are expected to help in the growth of propanol market over the forecast period.

Regional Analysis

The global propanol market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific market is anticipated to show steady growth due to technological advancement, high investment in research and development, government support and high demand in infrastructure and other factors are boost market growth during the forecast period. The growing construction, automotive, household & personal care, and pharmaceutical industries in the region due to the increasing consumer income level and spending capabilities is estimated to drive the demand for propanol.

Global Propanol Market Size, Share Analysis By Region 2017

Global Propanol Market Study Objective

1. To forecast the market size of propanol market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of propanol market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of propanol market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of propanol market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the propanol market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Key Players

The major kay players in the propanol market which will contribute healthy growth in regional and global market over the forecast period that key players are Royal Dutch Shell Plc, Exxon Mobil Corporation, BASF SE, The Dow Chemical Company, LG Chem Ltd., Sasol Limited, Eastman Chemical Company, Tokuyama Corporation, LCY Chemical Corp, JXTG Holdings, Inc., Deepak Fertilisers and Petrochemicals Corporation Ltd., and OXEA GmbH and other.

Global Propanol Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.