Product Code: ETC13347958 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Propanol Market was valued at USD 3.4 Billion in 2024 and is expected to reach USD 4.9 Billion by 2031, growing at a compound annual growth rate of 9.11% during the forecast period (2025-2031).
The Global Propanol Market is experiencing steady growth due to its versatile applications in various industries such as pharmaceuticals, cosmetics, and chemicals. Isopropanol (IPA) and n-propanol are the two main types of propanol commonly used, with IPA accounting for a larger market share. The market is driven by the increasing demand for propanol in the production of pharmaceuticals, solvents, and cleaning agents. The Asia-Pacific region is a key market for propanol, with China and India being major consumers. The market is also influenced by factors such as technological advancements, regulations promoting the use of eco-friendly products, and changing consumer preferences. Key players in the global propanol market include Royal Dutch Shell, BASF SE, and Exxon Mobil Corporation.
The Global Propanol Market is witnessing growth due to increasing demand from various end-use industries such as pharmaceuticals, cosmetics, and chemicals. Isopropyl alcohol (IPA) is particularly in high demand for sanitizing and disinfecting products amidst the COVID-19 pandemic. Additionally, the shift towards eco-friendly and sustainable solutions is driving the market for bio-based propanol derived from renewable sources. The market is also benefiting from technological advancements in production processes, leading to improved efficiency and cost-effectiveness. Opportunities lie in expanding applications in the automotive and electronics industries, as well as increasing investments in research and development for innovative propanol products. Overall, the Global Propanol Market is poised for steady growth with a focus on sustainability and diversification of end-use applications.
The Global Propanol Market faces several challenges, including fluctuating raw material prices, stringent government regulations regarding environmental emissions and safety standards, and intense competition from alternative solvents. The volatility in raw material prices, such as propylene, directly impacts the production cost of propanol, affecting market prices and profitability. Government regulations aiming to reduce emissions and ensure workplace safety require propanol manufacturers to invest in costly compliance measures, adding to operational expenses. Additionally, the market is witnessing a growing trend towards the adoption of bio-based solvents and other substitutes, posing a threat to traditional propanol products. To stay competitive, companies in the Global Propanol Market need to navigate these challenges by focusing on innovation, sustainable practices, and strategic partnerships.
The Global Propanol Market is primarily driven by the increasing demand for propanol in various industries such as pharmaceuticals, cosmetics, and paints & coatings due to its versatile properties. Propanol is widely used as a solvent for various applications, as well as a key ingredient in the production of pharmaceuticals and personal care products. Additionally, the growing construction and automotive industries are boosting the demand for propanol-based products like coatings and adhesives. The market is also influenced by the rising need for environmentally friendly solvents, as propanol is considered a less toxic and more sustainable alternative to other solvents. Overall, the expanding industrial sectors and the shift towards eco-friendly solutions are key drivers propelling the growth of the Global Propanol Market.
Government policies related to the global propanol market primarily focus on regulations concerning safety, environmental impact, and industrial use. These policies include regulations on the handling and transportation of propanol to ensure safety standards are met, as well as guidelines on the disposal of waste products to minimize environmental harm. Additionally, government agencies may impose restrictions on the production and distribution of propanol to prevent misuse or illegal activities. Some countries also offer incentives or subsidies for the use of propanol in eco-friendly products or processes to promote sustainability and reduce carbon emissions. Overall, government policies play a crucial role in shaping the propanol market by ensuring compliance with regulations and promoting responsible practices within the industry.
The Global Propanol Market is expected to witness steady growth in the coming years due to increasing demand from various end-use industries such as chemical manufacturing, pharmaceuticals, and cosmetics. Propanol is widely used as a solvent in these industries, driving its market growth. Additionally, the growing adoption of propanol as a cleaning agent in the automotive and electronics sectors is further fueling market expansion. The market is also benefiting from the rising awareness regarding the benefits of using propanol-based products over traditional alternatives. However, factors such as fluctuating raw material prices and stringent regulations related to environmental concerns may pose challenges to market growth. Overall, technological advancements and increasing research and development activities are expected to drive innovation in the propanol market, leading to sustained growth in the future.
In the Global Propanol Market, Asia holds the largest market share, driven by the increasing demand from end-use industries such as chemicals, pharmaceuticals, and electronics. The region is experiencing rapid industrialization and urbanization, leading to a higher consumption of propanol for various applications. North America and Europe follow closely behind, with a significant presence of key market players and a well-established manufacturing base. In the Middle East and Africa, the market is growing steadily due to expanding chemical and construction industries. Latin America is also witnessing steady growth, driven by infrastructure development and increasing investment in the manufacturing sector. Overall, the global propanol market is expected to continue its growth trajectory across all regions, with Asia leading the way in terms of consumption and production.
Global Propanol Market |
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 Global Propanol Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Propanol Market Revenues & Volume, 2021 & 2031F |
3.3 Global Propanol Market - Industry Life Cycle |
3.4 Global Propanol Market - Porter's Five Forces |
3.5 Global Propanol Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Propanol Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.9 Global Propanol Market Revenues & Volume Share, By Purity, 2021 & 2031F |
4 Global Propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Propanol Market Trends |
6 Global Propanol Market, 2021 - 2031 |
6.1 Global Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Propanol Market, Revenues & Volume, By Isopropanol, 2021 - 2031 |
6.1.3 Global Propanol Market, Revenues & Volume, By N-Propanol, 2021 - 2031 |
6.1.4 Global Propanol Market, Revenues & Volume, By Industrial Alcohol, 2021 - 2031 |
6.1.5 Global Propanol Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Propanol Market, Revenues & Volume, By Solvent, 2021 - 2031 |
6.2.3 Global Propanol Market, Revenues & Volume, By Disinfectant, 2021 - 2031 |
6.2.4 Global Propanol Market, Revenues & Volume, By Chemical Intermediate, 2021 - 2031 |
6.2.5 Global Propanol Market, Revenues & Volume, By Cleaning Agent, 2021 - 2031 |
6.3 Global Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Propanol Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.3.3 Global Propanol Market, Revenues & Volume, By Cosmetics & Personal Care, 2021 - 2031 |
6.3.4 Global Propanol Market, Revenues & Volume, By Food & Beverage, 2021 - 2031 |
6.3.5 Global Propanol Market, Revenues & Volume, By Paints & Coatings, 2021 - 2031 |
6.4 Global Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Propanol Market, Revenues & Volume, By 99% Pure, 2021 - 2031 |
6.4.3 Global Propanol Market, Revenues & Volume, By Industrial Grade, 2021 - 2031 |
6.4.4 Global Propanol Market, Revenues & Volume, By High Purity, 2021 - 2031 |
6.4.5 Global Propanol Market, Revenues & Volume, By Electronic Grade, 2021 - 2031 |
7 North America Propanol Market, Overview & Analysis |
7.1 North America Propanol Market Revenues & Volume, 2021 - 2031 |
7.2 North America Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Propanol Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Propanol Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Propanol Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
7.6 North America Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
8 Latin America (LATAM) Propanol Market, Overview & Analysis |
8.1 Latin America (LATAM) Propanol Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Propanol Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Propanol Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Propanol Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Propanol Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
8.6 Latin America (LATAM) Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
9 Asia Propanol Market, Overview & Analysis |
9.1 Asia Propanol Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Propanol Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Propanol Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Propanol Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Propanol Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
9.6 Asia Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
10 Africa Propanol Market, Overview & Analysis |
10.1 Africa Propanol Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Propanol Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Propanol Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Propanol Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Propanol Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
10.6 Africa Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
11 Europe Propanol Market, Overview & Analysis |
11.1 Europe Propanol Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Propanol Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Propanol Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Propanol Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Propanol Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
11.6 Europe Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
12 Middle East Propanol Market, Overview & Analysis |
12.1 Middle East Propanol Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Propanol Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Propanol Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Propanol Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Propanol Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Propanol Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Propanol Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Propanol Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
12.6 Middle East Propanol Market, Revenues & Volume, By Purity, 2021 - 2031 |
13 Global Propanol Market Key Performance Indicators |
14 Global Propanol Market - Export/Import By Countries Assessment |
15 Global Propanol Market - Opportunity Assessment |
15.1 Global Propanol Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Propanol Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
15.5 Global Propanol Market Opportunity Assessment, By Purity, 2021 & 2031F |
16 Global Propanol Market - Competitive Landscape |
16.1 Global Propanol Market Revenue Share, By Companies, 2024 |
16.2 Global Propanol Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |