Propanol (Isopropanol and N-Propanol) Market Report and Forecast 2025-2034

The global propanol (isopropanol and n-propanol) market size reached approximately USD 3.23 Billion in 2024 . The market is projected to grow at a CAGR of 3.80% between 2025 and 2034, reaching a value of around USD 4.69 Billion by 2034 .

Key Trends in the Market

Propanol, also known as 1-propanol or n-propanol, is a type of alcohol. It is a colourless, flammable liquid with a slightly sweet odour. The molecular formula of propanol is written as C3H80 or C3H7OH. Isopropanol (or isopropyl alcohol) and n-propanol are two isomeric forms of alcohol.

Isopropanol has a branched molecular structure and is commonly used as a disinfectant, antiseptic, and solvent. It is commonly used in personal care products and cosmetics. Meanwhile, n-propanol has a linear molecular structure and is widely used in industrial applications, such as the production of paints, coatings, and chemicals.

• The rapid expansion of the construction and automotive sectors is one of the major factors propelling the global propanol (isopropanol and n-propanol) market demand. N-propanol finds extensive use in the paints and coatings sector as a solvent. With the construction and automotive sectors witnessing growth in various regions, the demand for paints and coatings has surged, consequently driving the demand for n-propanol.
• Propanol (particularly isopropanol) serves as a as a key ingredient in certain medical products. Numerous emerging economies are increasing their healthcare spending owing to the rising prevalence of chronic diseases and product innovations. As countries around the world focus on the development of the pharmaceutical and medical sectors, the propanol (isopropanol and n-propanol) market growth is expected to surge due to the heavy reliance of the end use sector on propanol.
• Environmental awareness and stringent regulations regarding volatile organic compound (VOC) emissions present itself as major market trends, prompting a shift towards relatively non-toxic alternatives for certain chemicals. In response, manufacturers are actively engaged in the exploration of sustainable production methodologies and the creation of propanol-based products designed to minimise environmental impact.

Market Segmentation

Global Propanol (Isopropanol and N-Propanol) Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• N-propanol
• Isopropanol

Market Breakup by End Use

• Pharmaceutical
• Chemical
• Personal Care
• Printing Inks
• Paints and Coatings
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Product Type

According to the global propanol (isopropanol and n-propanol) market analysis, isopropanol is expected to witness increased demand during the forecast period owing to its antibacterial qualities and low chemical reactivity, which is highly demanded in certain applications.

Isopropyl alcohol is extensively used in the formation of cleaning solutions and with the increasing awareness related to household hygiene, the demand for the chemical is likely to surge. Additionally, the expansion of industries like personal care and cosmetics that require propanol for certain applications, especially in emerging countries is expected to favour the market growth.

Market Share by End-Use

Personal care products are expected to account for a major portion of the propanol (isopropanol and n-propanol) market share owing to the extensive utilisation of isopropanol in products such as perfumes, hair sprays, and nail polish removers. The trend towards ‘better-for-you’ cosmetic products with cleaner ingredients is likely to contribute to the demand for propanol, as it is considered a relatively safer alternative compared to other synthetic preservatives and formaldehyde.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global propanol (isopropanol and n-propanol) market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

BASF SE

BASF SE, also known as Badische Anilin- und Sodafabrik, is a European multinational chemical production company. The company operates with a focus on sustainability and environmental protection. Its product portfolio comprises six segments, including chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions.

The Dow Chemical Company

The Dow Chemical Company is one of the most prominent chemical manufacturing companies in the world. Since its foundation in 1897, the company has developed a vast product portfolio, including chemical, plastic, and agricultural products. It operates in various segments including Performance Materials and Coatings, Industrial Intermediates and Infrastructure, Packaging and Speciality Plastics, and Agriculture.

Eastman Chemical Company

Eastman Chemical Company is a renowned multinational speciality materials company engaged in the production of a wide range of advanced materials, chemicals, and fibres. The company delivers innovative products and solutions while maintaining a focus on safety and sustainability. Established in 1920 and headquartered in Tennessee, United States of America, Eastman has grown to become a global leading figure in the chemical sector.

Other major players in the global propanol (isopropanol and n-propanol) market include Exxon Mobil Corporation, Shell International B.V., Honeywell International Inc., Solvay S.A., LG Corporation, Sasol Limited, and Tokuyama Corporation, among others.