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    Propanol Market Report

    Propanol Market Report
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    Propanol Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026.
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    Impact of COVID-19 on Propanol Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Propanol Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Propanol market is likely to witness a CAGR of 3.9% during the forecast period. Major factors such as fire-resistant properties of propanol and its high durability with easy maintenance are driving the growth of the market. Further, propanol’s ability to help enhance the appearance of internal & external walls significantly influences its impact during the forecast period.

    Propanol Market – Snapshot

    Growth

    3.9% for the next five years

    Major Type

    Isopropanol

    Dominant Application Type

    Isopropanol Application

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Eastman Chemical Company, Exxon Mobil Corporation, JXTG Holdings, Inc., LCY Chemical Corp., LG Chem Ltd., Royal Dutch Shell Plc, Sasol Limited, The Dow Chemical Company, and Tokuyama Corporation.

    Segment Analysis

    Propanol-Market-Dominant-Segments

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    Propanol Market Share: By Type

    Based on the type, the market is segmented as isopropanol and N-propanol. The isopropanol segment is expected to hold the larger share of the market during the forecast period, due to its easy availability and low cost, which makes it to be widely used in applications such as in pharmaceuticals, paints & coatings, household & personal care products, painting, automotive, and inks.

    Propanol Market Share: By Application Type

    Based on the application type, the propanol market is segmented as isopropanol applications and N-propanol applications. The isopropanol application segment is estimated to lead the market as isopropanol is used as a direct solvent in various products such as paints & coatings, cosmetics, and pharmaceuticals which are gaining traction in automotive, healthcare, construction, and beauty care industries.

    Propanol Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the fastest-growing market for propanol during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the region can be attributed to rise in population and increasing spending power of people, which is giving rise to growth of automotive, construction, pharmaceutical, and household & personal care industries, leading to increasing usage of propanol in the region. Also, North America and Europe are expected to offer substantial growth opportunities over the forecast period.

    Propanol-Market-By-Region

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    Market Scope & Segmentation

    Propanol is made of aluminum composite material; it is a flat panel comprising of two thin-coated aluminum sheets connected to a non-aluminum core. Propanol is majorly used for external cladding or facades of buildings, insulation, signage, and making shipping containers.

    Propanol is coated with different materials such as PE and PVDF. It is used in different applications such as building & construction, advertising, and transportation.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Propanol Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The propanol market is segmented into the following categories. 

    Propanol Market Size, Share, & Forecast, by Type:

    • Isopropanol (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • N-Propanol (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Propanol Market Size, Share, & Forecast, by Application Type:

    • Isopropanol Applications
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Direct Solvent, Chemical Intermediate, Household & Personal Care, Pharmaceutical, and Others)
    • N-Propanol Applications
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Chemical Intermediate, Direct Solvent, and Others)

    Propanol Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Propanol-Market-Segmentation

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    Key Players

    Some of the major players in the propanol market are-

    • BASF SE
    • Eastman Chemical Company
    • Exxon Mobil Corporation
    • JXTG Holdings, Inc.
    • LCY Chemical Corp.
    • LG Chem Ltd.
    • Royal Dutch Shell Plc
    • Sasol Limited
    • The Dow Chemical Company
    • Tokuyama Corporation.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The propanol market is expected to witness an impressive growth of 3.9% CAGR in the foreseeable future.

    BASF SE, Eastman Chemical Company, Exxon Mobil Corporation, JXTG Holdings, Inc., LCY Chemical Corp., LG Chem Ltd., Royal Dutch Shell Plc, Sasol Limited, The Dow Chemical Company, and Tokuyama Corporation are among the key players in the propanol market.

    Asia-pacific is expected to be the fastest growing propanol market during the forecast period.

    The isopropanol application segment is estimated to lead the market in the coming years.

    The isopropanol segment is expected to hold the larger share of the propanol market in the next five years.

    Major factors such as fire-resistant properties of propanol and its high durability with easy maintenance are driving the growth of the propanol market.

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