Propanol Market growth, business opportunities, share value, key insights and size estimation by 2031

Global Propanol report from Global Insight Services is the single authoritative source of intelligence on Propanol market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Propanol is a clear, colorless liquid with a slightly bitter taste. It is a member of the propanol family of alcohols, which also includes isopropanol and butanol. Propanol is miscible with water and is commonly used as a solvent in a variety of industrial and household applications. It has a boiling point of 97.3 degrees Celsius and a melting point of -89.5 degrees Celsius.

Key Trends

There are a few key trends in propanol technology.

One is the development of more efficient and environmentally friendly production processes. This has led to the development of new catalysts and process technologies that can produce propanol with less energy and water consumption.

Another trend is the use of propanol as a feedstock for the production of other chemicals. This has led to the development of new processes and catalysts that can convert propanol into other useful chemicals.

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Market Segments

The Propanol Market is segmented by type, application, and region. By type, the market is divided into N-propanol and Iso-propanol. Based on application, it is bifurcated into solvent, chemical intermediate, pharmaceutical, household and personal care products, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Propanol Market includes players such as BASF SEThe Dow Chemical CompanyExxonMobil CorporationSasol LimitedRoyal Dutch Shell PlcEastman Chemical CompanyMitsui Chemicals, Inc.LG Chemicals LimitedZhejiang Xinhua Chemical Co. Ltd. and Oxea GmbH.

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Key Drivers

Propanol is a clear, colorless, slightly viscous liquid with a characteristic odor. It is miscible with water and most organic solvents. Propanol is produced commercially by the catalytic hydrogenation of propylene. It is also a by-product of the production of propylene oxide and acrylonitrile.

The key drivers of the propanol market are its low cost and wide range of applications. Propanol is used as a solvent in a variety of industries, including paints and coatings, inks, adhesives, and cleaning products. It is also used as a fuel additive and as a raw material in the production of propylene glycol, acetone, and isopropyl alcohol.

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