| Product Code: ETC5671910 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s propanol import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in 2024 continues to be dominated by key suppliers such as the USA, Turkey, Germany, Metropolitan France, and China. Despite a concerning high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw a significant decline in both compound annual growth rate (CAGR) from 2020 to 2024 at -7.08% and a drastic growth rate drop from 2023 to 2024 at -16.3%. This indicates a challenging environment for propanol imports in Bulgaria, with potential implications for Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics and competition among suppliers.

The propanol market in Bulgaria is growing with applications in industrial solvents, pharmaceuticals, and chemicals. Propanol, including isopropanol and n-propanol, is used in various formulations and processes due to its solvent properties. The market growth is driven by advancements in chemical production technology, increasing demand for industrial solvents, and the focus on developing effective chemical solutions. The emphasis on quality and efficiency in propanol production is supporting market expansion.
The propanol market in Bulgaria benefits from its use in various industrial applications, including solvents, chemical intermediates, and pharmaceuticals. Propanol, including isopropanol and n-propanol, is valued for its versatility and effectiveness in different processes. Market growth is driven by the expansion of end-use industries, advancements in chemical production technology, and the demand for high-quality propanol products. Additionally, the focus on sustainability and regulatory compliance influences market trends and dynamics.
In Bulgaria, the propanol market encounters challenges related to raw material costs and market competition. Propanol, used in various industrial and chemical applications, requires a stable supply of raw materials and competitive pricing. Companies must manage fluctuations in raw material costs, address competition from other chemical products, and invest in efficient production processes.
In Bulgaria, government policies related to the propanol market focus on supporting the production and use of propanol in industrial applications. The government provides incentives for businesses involved in propanol manufacturing, aiming to enhance product quality and support innovation. Policies emphasize the importance of propanol in various industrial processes, including solvent applications and chemical synthesis.
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 Bulgaria Propanol Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Propanol Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Propanol Market - Industry Life Cycle |
3.4 Bulgaria Propanol Market - Porter's Five Forces |
3.5 Bulgaria Propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as paints and coatings, pharmaceuticals, and cosmetics |
4.2.2 Increasing adoption of propanol as a solvent due to its low toxicity and environmental friendliness |
4.2.3 Expansion of manufacturing facilities and investments in the chemical industry in Bulgaria |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices such as propylene and acetone |
4.3.2 Stringent regulations related to the handling and disposal of propanol |
4.3.3 Competition from alternative solvents and chemicals in the market |
5 Bulgaria Propanol Market Trends |
6 Bulgaria Propanol Market Segmentations |
6.1 Bulgaria Propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Propanol Market Revenues & Volume, By N-Propanol, 2021-2031F |
6.1.3 Bulgaria Propanol Market Revenues & Volume, By Isopropanol, 2021-2031F |
6.2 Bulgaria Propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Propanol Market Revenues & Volume, By Direct Solvent, 2021-2031F |
6.2.3 Bulgaria Propanol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.2.4 Bulgaria Propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Bulgaria Propanol Market Revenues & Volume, By Household & Personal Care, 2021-2031F |
7 Bulgaria Propanol Market Import-Export Trade Statistics |
7.1 Bulgaria Propanol Market Export to Major Countries |
7.2 Bulgaria Propanol Market Imports from Major Countries |
8 Bulgaria Propanol Market Key Performance Indicators |
8.1 Average selling price of propanol in Bulgaria |
8.2 Capacity utilization rates of propanol manufacturing plants in the country |
8.3 Export-import volumes of propanol in Bulgaria |
9 Bulgaria Propanol Market - Opportunity Assessment |
9.1 Bulgaria Propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Propanol Market - Competitive Landscape |
10.1 Bulgaria Propanol Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Propanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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