The 'Global Propanol Market Report,' published by Reports and Data, offers a panoramic vision of the global Propanol market. The report presents accurate details on market size and revenue growth rate over the forecast period. It expounds on the current industry scenario and offers a detailed assessment of the latest and emerging market trends. The report contains key industry statistics presented in a tabular format to give readers an exclusive picture of the global Propanol market.
The global propanol market was valued at USD 3.06 Billion in 2018 and is expected to reach the value of USD 4.11 Billion by the end of the year 2026, at a CAGR of 3.9%. Propanol is a predominantly available colorless type of alcohol in the form of its two major isomers: isopropanol and n-propanol or 1-propanol.
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The latest industry analysis report offers in-depth information regarding the key segments and sub-segments of the global Propanol industry and emphasizes the current pandemic situation that has significantly disrupted the industry's growth trend. Key dynamics impacting market growth include drivers, restraints, opportunities, supply & demand ratios, emerging market trends, technological innovations, and value chain analysis. The report further highlights some major challenges, imminent risks and threats, and stringent government policies and regulations that are expected to impede market growth during the forecast period. The report is aimed at enabling readers to gain deep insights into the global Propanol market and its core mechanism and capitalize on the favorable market growth prospects. It further offers a concise summary of the Propanol market's intensely competitive landscape and lists down the leading players in the market. This section of the report also highlights the strategic initiatives undertaken by these players for long-term business growth. According to the report, the global Propanol market is projected to reach a whopping market size of USD XX Million in 2028 from USD XX Million in 2020, registering a robust XX% CAGR.
Key participants include Royal Dutch Shell Plc., The Dow Chemical Company, Eastman Chemical Company, Tokuyama Corporation, LCY Chemical Corp., Central Drug House, Ridhdhi Sidhdhi Chemicals, Sasol Limited, Solventis.
Propanol Industry Overview
The global materials & chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty & personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food & beverage industries, buildings & construction, automotive, packaging, and manufacturing industries. Other major factors driving growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.
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By Type (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
By Application (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
* Paint and coating
* Household and personal health care
Global Propanol Market Segmentation: Regional Outlook
§ North America
§ Latin America
§ Asia Pacific
§ Middle East & Africa
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