The market insights covered in Global Propanol Market report simplifies managing marketing of goods and services effectively. Here, market overview is given in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously. All the data and statistics provided in this market report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter’s Five Forces Analysis. With the latest and updated market insights mentioned in the report, businesses can concentrate to enhance their marketing, promotional and sales strategies. This Global Propanol Market report is a wonderful guide for an actionable ideas, enhanced decision-making and better business strategies.
To obtain such first-class Global Propanol market research report, meticulous hard work of skilled forecasters, well-versed analysts and knowledgeable researchers have been utilized. Moreover, intricate market insights are turned into simpler version with the help of proven tools and techniques and then provide it to you. Market report like this one holds an immense importance for the growth of any business. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. This Global Propanol market research report best suits the requirements of the client.
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The new trending report of Global propanol market is expected to reach USD 2.56 billion by 2025, from USD 2.14 billion in 2017 growing at a CAGR of 2.20% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Top Companies in the Global Propanol Market:
Eastman Chemical Company
China National Petroleum Corporation
Mitsui Chemicals, Inc.
The other players in the market are Carboclor S.A., Exxon Mobil Corporation., ISU Chemical., JX Nippon Oil & Energy Corporation, LCY GROUP., LG Chem., Novacap International SAS, OXEA GmbH, Royal Dutch Shell Plc, Sasol Limited, The Dow Chemical Company, Tokuyama Corporation, Zhejiang NetSun Co., Ltd and many more.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global propanol market
- Analyze and forecast the propanol market on the basis of type and application
- Trends of key regional and country-level markets for type and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Propanol is a colorless alcohol which is primarily available in two types of isomers – isopropanol and n-propanol. They are also known as 1-propanol and 2-propanol respectively. Propanol is one of the key raw materials used in cosmetic industry. Isopropanol is used in various application such as cosmetic, personal care products, resin, pharmaceuticals, resins, inks, and adhesives. We use N-propanol in the coatings industry as a medium-volatile alcohol for enlightening the drying characteristics of electrodeposition paints, alkyd resins, and baking finishes. It is majorly used as a solvent in flexographic and other printing ink applications. According to World Population Ageing, the number of older people at the age of 60 years or more is expected to increase from 841.0 million in 2013 to more than 2.0 billion in 2050. According to Eurostat, in 2017,it is stated that the older population with age of 65 or over, Germany had the maximum share which is 21.2% followed by Greece 21.5%, Italy 22.3%. This above factor proves that ageing population is increasing around the globe and as a result of it , the required products for their personal care are also increasing . So the market of cosmetic and personal care around the globe is growing and will drive the demand for propanol.
Global Propanol Market Overview:
Type of Propanol market
Geography of Propanol market
- North America
- South America
- Middle East & Africa
Application of Propanol market
- Chemical Intermediates
- Industrial Solvents
- Increase In aging population
- High demand for propanol in the chemical and cosmetic industry
- Rising demand in developing countries
- Fluctuation in price of raw material
- Strict regulations reshaping the cosmetic market
Competitive Landscape: Global Propanol Market
The Global Propanol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Propanol market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Scope of the Report:
- Market trends impacting the growth of the global propanol market
- Trends of key regional and country-level markets for type, function and application.
- To get a comprehensive overview of the propanol market.
- Historical, current and projected market size in terms of volume and value
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint.
Key questions answered in the Propanol Market report:
- What will the Propanol Market Size and the Growth rate be in 2023?
- What are the key market trends impacting the growth of the Propanol market?
- Who are the global key manufacturers of Propanol industry: Company Introduction, Product Specification and Major Types Analysis, Production Market Performance, Sales Market Performance, Contact Information.
- What are the types and applications of Propanol? What is the market share of each type and application: production, revenue, price, Market Size (Sales) Market Share by Type.
- What are the upstream raw materials and manufacturing equipment of Propanol Market? Up Stream Industries Analysis, Raw Material and Suppliers, Equipment and Suppliers, Manufacturing Analysis, Manufacturing Process, Manufacturing Cost Structure, Manufacturing Plants Distribution Analysis, Industry Chain Structure Analysis
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