Product Code: ETC5671898 | Publication Date: Nov 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The propanol market in Austria is experiencing growth due to its wide applications in various industries such as pharmaceuticals, cosmetics, and manufacturing. Propanol, also known as isopropanol or isopropyl alcohol, is a solvent used in the production of hand sanitizers, disinfectants, and cleaning products, which has seen increased demand particularly during health crises such as the COVID-19 pandemic. The market is driven by both local production and imports, with a focus on maintaining high standards of purity and compliance with EU regulations.
The propanol market in Austria is driven by the increasing demand in the pharmaceutical and cosmetics industries. Propanol is a key solvent in the production of pharmaceuticals and personal care products. The growth in these sectors, driven by an aging population and rising health consciousness, fuels the demand for propanol. Additionally, the use of propanol as a solvent in the manufacturing of coatings, inks, and adhesives contributes to market growth. The push towards eco-friendly and sustainable products also boosts the demand for bio-based propanol.
The propanol market in Austria faces several challenges, primarily due to fluctuating raw material prices and stringent environmental regulations. The volatility in the prices of raw materials, such as propylene, directly affects the production cost of propanol, making it difficult for manufacturers to maintain stable pricing. Additionally, the market is impacted by strict environmental regulations related to the production and disposal of chemical products, which increases the operational costs for producers. Competition from alternative solvents and the need for continuous technological advancements to meet high purity requirements also pose significant challenges for the market.
The propanol market in Austria is shaped by various regulatory frameworks and government policies aimed at ensuring environmental safety and industrial standards. The Austrian government enforces stringent regulations on the production and use of chemicals, including propanol, under the REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) regulations. This impacts manufacturers by requiring comprehensive safety data and adherence to environmental protocols, potentially increasing production costs but also ensuring market stability and consumer safety.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Austria Propanol Market Overview |
3.1 Austria Country Macro Economic Indicators |
3.2 Austria Propanol Market Revenues & Volume, 2021 & 2031F |
3.3 Austria Propanol Market - Industry Life Cycle |
3.4 Austria Propanol Market - Porter's Five Forces |
3.5 Austria Propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Austria Propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Austria Propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Austria Propanol Market Trends |
6 Austria Propanol Market Segmentations |
6.1 Austria Propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Austria Propanol Market Revenues & Volume, By N-Propanol, 2021-2031F |
6.1.3 Austria Propanol Market Revenues & Volume, By Isopropanol, 2021-2031F |
6.2 Austria Propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Austria Propanol Market Revenues & Volume, By Direct Solvent, 2021-2031F |
6.2.3 Austria Propanol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.2.4 Austria Propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Austria Propanol Market Revenues & Volume, By Household & Personal Care, 2021-2031F |
7 Austria Propanol Market Import-Export Trade Statistics |
7.1 Austria Propanol Market Export to Major Countries |
7.2 Austria Propanol Market Imports from Major Countries |
8 Austria Propanol Market Key Performance Indicators |
9 Austria Propanol Market - Opportunity Assessment |
9.1 Austria Propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Austria Propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Austria Propanol Market - Competitive Landscape |
10.1 Austria Propanol Market Revenue Share, By Companies, 2024 |
10.2 Austria Propanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |