Propanol Market is Booming Market to Rapidly Growing a Highest CAGR of 44.65% by 2026

Propanol market is expected to grow at a rate of 3.5% for the forecast period of 2020 to 2027. Propanol is a colourless 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. Volatility in raw material prizes to restrain its market growth.

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Competitive Landscape and Propanol Market Share Analysis

The major players covered in the propanol market report are BASF SE, Eastman Chemical Company, China National Petroleum Corporation, Mitsui Chemicals, Inc., Carboclor S.A., Exxon Mobil Corporation., ISU Chemical., JXTG Nippon Oil & Energy Corporation, LCY GROUP., LG Chem., Novacap International SAS, OQ Chemicals GmbH, Royal Dutch Shell Plc, Sasol Limited, Dow, Tokuyama Corporation, Zhejiang NetSun Co., among other domestic and global players.

Market Segmentation: Propanol Market

·         By Type (Isopropanol, N-Propanol)

·         By Application (Chemical Intermediates, Pharmaceuticals, Industrial Solvents, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)

Focus of the report

1.       CAGR values in the market for the forecast period

2.       Key trends in the market place

3.       Major players and brands

4.       Historical and current market size and projection up to 2026.

5.       Detailed overview of parent market

6.       Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

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Key insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

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