| Product Code: ETC4488445 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s propanol import shipments in 2024 continued to be dominated by key exporting countries such as China, South Korea, USA, Taiwan, Province of China, and South Africa. Despite a negative compound annual growth rate (CAGR) of -4.74% from 2020 to 2024, the sector experienced a significant growth spurt in 2024 with a growth rate of 47.21% compared to the previous year. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the strong presence of these top exporting nations in fulfilling India`s propanol import demands.

Propanol, both isopropanol (IPA) and n-propanol, finds applications in various industries, including pharmaceuticals, chemicals, and coatings. The India propanol market is shaped by industrial activities and the chemical sector`s demand. It is expected to experience growth in tandem with industrial expansion and increased chemical production.
The India Propanol market is primarily driven by its use as a solvent in the coatings, printing inks, and chemical industries. Propanol, specifically isopropanol and n-propanol, is essential for formulating various coatings and inks. With the growth of the construction and printing industries, there`s an increased demand for propanol-based products. It`s also used as a cleaning agent in electronics and pharmaceutical manufacturing, further contributing to its market demand.
The propanol market in India faces challenges such as market volatility in the chemical industry, which can lead to fluctuations in prices and demand. The industry must also address environmental concerns related to the production and use of propanol, such as emissions and waste disposal. Meeting strict regulatory requirements and ensuring the safe transportation and handling of propanol products are also significant challenges.
The India propanol market experienced the impact of COVID-19, with the pandemic affecting both supply and demand dynamics. Propanol is used in various applications, including solvents, sanitizers, and pharmaceuticals. During the pandemic, the demand for propanol surged due to its use in hand sanitizers and disinfectants, but at the same time, other industries saw reduced demand. Manufacturing units faced operational challenges, and supply chain disruptions affected the availability of propanol. Manufacturers adapted to the changing landscape by adjusting production priorities and implementing safety measures to ensure a stable supply of propanol. As the pandemic situation improved and the demand for sanitizers and disinfectants stabilized, the propanol market adjusted to the new market dynamics.
In the India propanol market, key players include companies like Reliance Industries, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), and Deepak Nitrite. These companies are prominent manufacturers and suppliers of propanol, serving various industries, including pharmaceuticals, chemicals, and coatings.
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 India Propanol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Propanol Market Revenues & Volume, 2021 & 2031F |
3.3 India Propanol Market - Industry Life Cycle |
3.4 India Propanol Market - Porter's Five Forces |
3.5 India Propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propanol in pharmaceuticals and personal care products |
4.2.2 Growth in the construction industry driving demand for propanol-based coatings and adhesives |
4.2.3 Favorable government regulations promoting the use of propanol in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of propanol |
4.3.2 Competition from alternative solvents affecting market share |
4.3.3 Environmental concerns leading to stricter regulations on propanol production |
5 India Propanol Market Trends |
6 India Propanol Market, By Types |
6.1 India Propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Propanol Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Propanol Market Revenues & Volume, By N-Propanol, 2021-2031F |
6.1.4 India Propanol Market Revenues & Volume, By Isopropanol, 2021-2031F |
6.2 India Propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Propanol Market Revenues & Volume, By Direct Solvent, 2021-2031F |
6.2.3 India Propanol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.2.4 India Propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 India Propanol Market Revenues & Volume, By Household & Personal Care, 2021-2031F |
7 India Propanol Market Import-Export Trade Statistics |
7.1 India Propanol Market Export to Major Countries |
7.2 India Propanol Market Imports from Major Countries |
8 India Propanol Market Key Performance Indicators |
8.1 Number of new product developments incorporating propanol |
8.2 Percentage increase in propanol usage in key industries |
8.3 Investment in research and development for propanol applications |
9 India Propanol Market - Opportunity Assessment |
9.1 India Propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Propanol Market - Competitive Landscape |
10.1 India Propanol Market Revenue Share, By Companies, 2024 |
10.2 India 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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