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Propanol Market by Type (N-Propanol, Isopropanol), Application (Direct Solvent, Chemical Intermediate, Pharmaceutical, Household & Personal Care), and Region (North America, APAC, Europe, Middle East & Africa, and South America) - Global Forecast to 2023

Propanol Market by Type (N-Propanol, Isopropanol), Application (Direct Solvent, Chemical Intermediate, Pharmaceutical, Household & Personal Care), and Region (North America, APAC, Europe, Middle East & Africa, and South America) - Global Forecast to 2023

“The growth of the construction, automotive, and pharmaceutical industries is expected to drive the propanol market.”
The propanol market size is estimated to be USD 3.5 billion in 2018 and is projected to reach USD 4.2 billion by 2023, at a CAGR of 4.0%. The increasing demand for paints & coatings from the construction and automotive industries is the major factor driving the global propanol demand during the forecast period. Furthermore, the development of pharmaceutical production owing to the increasing demand for pharmaceutical drugs and generic, biosimilar, and innovative products are expected to drive the demand for propanol. However, the increasing usage of bio & green solvents due to high VOC emission from petrochemical-based solvents and increasing usage of recycled solvents are some of the factors that are expected to restrain the market growth during the forecast period.

“N-propanol is the fastest-growing type of propanol.”
N-propanol is estimated to be the fastest-growing type of propanol between 2018 and 2023. N-propanol is expected to register a slight increase in the demand as compared to isopropanol owing to the new law regarding usage of low volatile organic compound (VOC) emitting chemicals in the food processing and food packaging applications. Furthermore, the rising demand for n-propanol in developing countries worldwide owing to the increasing consumption of pharmaceuticals, paints & coatings, cosmetics, and personal care products due to the growing healthcare, construction, and FMCG businesses is expected to drive the global propanol market.

“Direct solvent and chemical intermediate are expected to be the major applications of propanol.”
On the basis of application, the propanol market is divided applications of isopropanol and applications of n-propanol. The applications of isopropanol are direct solvent, chemical intermediate, household & personal care, pharmaceutical, and others. Direct solvent is estimated to be the largest application for isopropanol owing to its increasing usage in paints & coatings, household cleaners, and personal care & beauty products. While, applications of n-propanol are direct solvent, chemical intermediate, and others, of which chemical intermediate is estimated to be the largest application of n-propanol. The factors driving the n-propanol demand is its increasing consumption for the formulation of n-propyl acetate, ink, and coatings, among others.

“APAC is the largest as well as the fastest-growing market for propanol.”
APAC is estimated to be the largest and fastest-growing propanol market during the forecast period, owing to the presence of strong and developing pharmaceutical, construction, automotive, and FMCG industries. The shifting focus of global market players to APAC owing to developing economic condition, favorable rules & regulations, and increasing FDI are driving the growth of these industries. Propanol is majorly used as direct solvent in applications such as drug manufacturing, paints & coatings, and household & personal care products. The huge production and consumption of these products in the region is expected to drive the propanol market.

Extensive primary interviews were conducted in the process of determining and verifying sizes of different types and applications of the propanol market gathered through secondary research.

The breakdown of primary interviews is given below:
By Company Type: Tier 1 - 45%, Tier 2 - 22%, and Tier 3 - 33%
By Designation: C Level Executives - 50%, Director Level - 25%, and Others - 25%
By Region: North America - 50%, Europe - 20%, APAC - 10%, South America - 10%, and Middle East & Africa - 10%

The key companies profiled in this report on the propanol market include Royal Dutch Shell Plc (Netherlands), Exxon Mobil Corporation (US), BASF SE (Germany), The Dow Chemical Company (US), LG Chem Ltd. (South Korea), Sasol Limited (South Africa), Eastman Chemical Company (US), Tokuyama Corporation (Japan), LCY Chemical Corp. (Taiwan), JXTG Holdings, Inc. (Japan), Deepak Fertilisers and Petrochemicals Corporation Ltd. (India), and OXEA GmbH (Germany)

Research Coverage
The propanol market has been segmented based on type, application, and region. This report covers the propanol market and forecasts its market size until 2023. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the propanol market. The report also provides insights into the drivers and restraints in the propanol market along with opportunities and challenges. The report also includes profiles of top manufacturers in the propanol market.

Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the propanol market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the propanol market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the propanol market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies such as new product launch and expansion.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE PROPANOL MARKET
    • PROPANOL MARKET, BY REGION
    • PROPANOL MARKET IN APAC, BY COUNTRY AND TYPE
    • PROPANOL MARKET, DEVELOPED VS DEVELOPING ECONOMIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • RAW MATERIAL ANALYSIS
      • ETHYLENE
      • SYNGAS
      • PROPYLENE
    • MANUFACTURING PROCESS
      • ISOPROPANOL
      • N-PROPANOL
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • CONTRIBUTION OF THE HEALTHCARE INDUSTRY TO GDP
        • Table CONTRIBUTION OF HEALTHCARE SPENDING TO GDP, 2015 AND 2016 (PERCENTAGE)
      • CONTRIBUTION OF THE CONSTRUCTION INDUSTRY TO GDP
        • Table TREND OF GROWTH IN THE WORLD GDP PER CAPITA (2016-2022) (USD)
        • Table TRENDS AND FORECAST OF THE CONSTRUCTION INDUSTRY, BY COUNTRY, 2014-2021 (USD BILLION)
  • PROPANOL MARKET, BY TYPE
    • INTRODUCTION
      • Table PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
    • ISOPROPANOL
      • ISOPROPANOL IS EXPECTED TO HAVE A HIGH DEMAND IN THE HOUSEHOLD & PERSONAL CARE APPLICATION IN APAC
        • Table ISOPROPANOL MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table ISOPROPANOL MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
    • N-PROPANOL
      • INCREASING DEMAND FOR N-PROPYL ACETATE IN APAC IS EXPECTED TO AFFECT THE DEMAND FOR N-PROPANOL
        • Table N-PROPANOL MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table N-PROPANOL MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
  • PROPANOL MARKET, BY APPLICATION
    • INTRODUCTION
      • Table ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • ISOPROPANOL APPLICATIONS
      • DIRECT SOLVENT
        • Table ISOPROPANOL MARKET SIZE IN DIRECT SOLVENT APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • CHEMICAL INTERMEDIATE
        • Table ISOPROPANOL MARKET SIZE IN CHEMICAL INTERMEDIATE APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • HOUSEHOLD & PERSONAL CARE
        • Table ISOPROPANOL MARKET SIZE IN HOUSEHOLD & PERSONAL CARE APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • PHARMACEUTICAL
        • Table ISOPROPANOL MARKET SIZE IN PHARMACEUTICAL APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • OTHERS
        • Table ISOPROPANOL MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016-2023 (USD MILLION)
    • N-PROPANOL APPLICATIONS
      • CHEMICAL INTERMEDIATE
        • Table N-PROPANOL MARKET SIZE IN CHEMICAL INTERMEDIATE APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • DIRECT SOLVENT
        • Table N-PROPANOL MARKET SIZE IN DIRECT SOLVENT APPLICATION, BY REGION, 2016-2023 (USD MILLION)
      • OTHERS
        • Table N-PROPANOL MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016-2023 (USD MILLION)
  • PROPANOL MARKET, BY REGION
    • INTRODUCTION
      • Table PROPANOL MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table PROPANOL MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
    • APAC
      • Table APAC: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table APAC: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table APAC: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table APAC: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table APAC: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CHINA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table JAPAN: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table INDIA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table MALAYSIA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF APAC: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table NORTH AMERICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table NORTH AMERICA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • US
        • Table US: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table US: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CANADA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table MEXICO: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table EUROPE: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table EUROPE: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table GERMANY: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table FRANCE: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • UK
        • Table UK: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table UK: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ITALY: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table RUSSIA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • TURKEY
        • Table TURKEY: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table TURKEY: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table MIDDLE EAST & AFRICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table MIDDLE EAST & AFRICA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table SAUDI ARABIA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • IRAN
        • Table IRAN: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table IRAN: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF THE MIDDLE EAST & AFRICA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PROPANOL MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table SOUTH AMERICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PROPANOL MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table SOUTH AMERICA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table BRAZIL: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ARGENTINA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: ISOPROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: N-PROPANOL MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING OF ISOPROPANOL MANUFACTURERS
    • MARKET RANKING OF N-PROPANOL MANUFACTURERS
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2014-2018
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2014-2018S
  • COMPANY PROFILES
    • ROYAL DUTCH SHELL PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EXXON MOBIL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • BASF SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • THE DOW CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • LG CHEM LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • SASOL LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • EASTMAN CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • TOKUYAMA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LCY CHEMICAL CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • JXTG HOLDINGS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OXEA GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OTHER COMPANIES
      • CARBOCLOR S.A.
      • ISU CHEMICAL
      • LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
      • SOLVAY
      • SEQENS
      • DAIREN CHEMICAL CORPORATION (DCC)
      • TASCO GROUP
      • A. B. ENTERPRISES
      • WENZHOU HUAQIAO CHEMICAL REAGENT CO., LTD.
      • KH CHEMICALS
      • TOKYO CHEMICAL INDUSTRY CO., LTD.
      • ZHEJIANG XINHUA CHEMICAL CO., LTD.
      • MITSUI CHEMICALS, INC.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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