Propanol Market by Type (N-Propanol, Isopropanol), Application (Direct Solvent, Chemical Intermediate, Pharmaceutical, Household & Personal Care), & Region (North America, APAC, Europe, Middle East & Africa, & South America)-Global Forecast to 2023
|出版日||ページ情報||英文 140 Pages
|プロパノールの世界市場 (～2023年)：n-プロパノール・イソプロパノール Propanol Market by Type (N-Propanol, Isopropanol), Application (Direct Solvent, Chemical Intermediate, Pharmaceutical, Household & Personal Care), & Region (North America, APAC, Europe, Middle East & Africa, & South America)-Global Forecast to 2023|
|出版日: 2019年04月26日||ページ情報: 英文 140 Pages||
世界のプロパノールの市場は予測期間中4.0%のCAGR (年間複合成長率) で推移し、2018年の35億米ドルから、2023年には42億米ドルの規模に成長すると予測されています。建設業および自動車産業における塗料・コーティング需要の増加や医薬品製造の拡大などの要因が同市場の成長を推進する見通しです。しかし一方で、石油化学系溶剤の高いVOC排出量に起因するバイオ溶剤・グリーン溶剤利用の増加およびリサイクル溶剤利用の拡大が、同市場のさらなる成長の障壁となる見通しです
"The growth of the construction, automotive, and pharmaceutical industries is expected to drive the propanol market."
The propanol market size is estimated to be USD 3.5 billion in 2018 and is projected to reach USD 4.2 billion by 2023, at a CAGR of 4.0%. The increasing demand for paints & coatings from the construction and automotive industries is the major factor driving the global propanol demand during the forecast period. Furthermore, the development of pharmaceutical production owing to the increasing demand for pharmaceutical drugs and generic, biosimilar, and innovative products are expected to drive the demand for propanol. However, the increasing usage of bio & green solvents due to high VOC emission from petrochemical-based solvents and increasing usage of recycled solvents are some of the factors that are expected to restrain the market growth during the forecast period.
N-propanol is estimated to be the fastest-growing type of propanol between 2018 and 2023. N-propanol is expected to register a slight increase in the demand as compared to isopropanol owing to the new law regarding usage of low volatile organic compound (VOC) emitting chemicals in the food processing and food packaging applications. Furthermore, the rising demand for n-propanol in developing countries worldwide owing to the increasing consumption of pharmaceuticals, paints & coatings, cosmetics, and personal care products due to the growing healthcare, construction, and FMCG businesses is expected to drive the global propanol market.
On the basis of application, the propanol market is divided applications of isopropanol and applications of n-propanol. The applications of isopropanol are direct solvent, chemical intermediate, household & personal care, pharmaceutical, and others. Direct solvent is estimated to be the largest application for isopropanol owing to its increasing usage in paints & coatings, household cleaners, and personal care & beauty products. While, applications of n-propanol are direct solvent, chemical intermediate, and others, of which chemical intermediate is estimated to be the largest application of n-propanol. The factors driving the n-propanol demand is its increasing consumption for the formulation of n-propyl acetate, ink, and coatings, among others.
APAC is estimated to be the largest and fastest-growing propanol market during the forecast period, owing to the presence of strong and developing pharmaceutical, construction, automotive, and FMCG industries. The shifting focus of global market players to APAC owing to developing economic condition, favorable rules & regulations, and increasing FDI are driving the growth of these industries. Propanol is majorly used as direct solvent in applications such as drug manufacturing, paints & coatings, and household & personal care products. The huge production and consumption of these products in the region is expected to drive the propanol market.
Extensive primary interviews were conducted in the process of determining and verifying sizes of different types and applications of the propanol market gathered through secondary research.
The breakdown of primary interviews is given below:
The key companies profiled in this report on the propanol market include: Royal Dutch Shell Plc (Netherlands), Exxon Mobil Corporation (US), BASF SE (Germany), The Dow Chemical Company (US), LG Chem Ltd. (South Korea), Sasol Limited (South Africa), Eastman Chemical Company (US), Tokuyama Corporation (Japan), LCY Chemical Corp. (Taiwan), JXTG Holdings, Inc. (Japan), Deepak Fertilisers and Petrochemicals Corporation Ltd. (India), and OXEA GmbH (Germany)
The propanol market has been segmented based on type, application, and region. This report covers the propanol market and forecasts its market size until 2023. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the propanol market. The report also provides insights into the drivers and restraints in the propanol market along with opportunities and challenges. The report also includes profiles of top manufacturers in the propanol market.
The report is expected to help market leaders/new entrants in the following ways:
growing construction and automotive industries 33
& PERSONAL CARE APPLICATION IN APAC 43
TO AFFECT THE DEMAND FOR N-PROPANOL 44
the isopropanol demand as a direct solvent 49
is likely to drive the chemical intermediate segment 50
to the growing FMCG industry 52
the demand for pharmaceutical grade isopropanol 53
to boost the n-propanol market 55
the n-propanol market in its direct solvent application 56
is driving the propanol market 67
expected to drive the propanol market 69
of the propanol market 70
chemical industries is propelling the market 76
is fueling the market 83
the propanol market 85
is likely to facilitate the market growth 86
production are driving the propanol market 87
for propanol in the country 88
demand for propanol 95
demand for propanol 101
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.