Propanol (Isopropanol & N-Propanol) Market, 2,745.8 kilotons by 2018, signifying firm annualized growth rate of 3.9%. The global propanol market, including isopropanol and n-propanol, has witnessed a significant growth in the past few years and this growth is estimated to continue in the coming years. Both isopropanol and n-propanol are among the most widely used solvents and are also employed for manufacturing various industrial chemicals, additionally isopropanol finds significant applications in pharmaceuticals. Isopropanol is considered as a viable substitute for other organic solvents and its volumetric consumption is far more than that of n-propanol.
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Global market on the basis of applications: The propanol market is segmented on the basis of industry application as solvents, chemical intermediates, pharmaceuticals, and others; while n-propanol market is segmented on the basis of industry application as n-propyl acetate, direct solvents, n-propylamines, glycol ethers, and others. Each application is further described in detail in the report with volume & revenue forecast for each application.
Major manufacturers operational in the industry with their recent developments and other strategic industry activities. These include: Royal Dutch Shell Plc (The Netherlands), The Dow Chemical Company (U.S.), ExxonMobil Chemical Company (U.S.), Sasol Limited (South Africa), BASF SE (Germany), Eastman Chemical Company (U.S.), Mitsui Chemicals Inc. (Japan), LG Chem. Ltd (South Korea), etc.
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