Global Propanol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Isopropanol and N-Propanol.

By Application;

Direct Solvents, N-Propyl Acetate, Glycol Ethers N-Propylamines, and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn113940343 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Propanol Market (USD Million), 2021 - 2031

In the year 2024, the Global Propanol Market was valued at USD 4,128.46 million. The size of this market is expected to increase to USD 5,732.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global propanol market is a pivotal segment within the chemicals industry, comprising two primary isomers: n-propanol (1-propanol) and isopropanol (2-propanol). Propanols are widely utilized as solvents across diverse sectors including pharmaceuticals, cosmetics, paints, coatings, and chemical manufacturing. Renowned for their versatility and effective solvent properties, propanols are essential in formulations requiring high purity, stability, and rapid evaporation rates.

Both n-propanol and isopropanol play distinct roles in industrial processes and consumer products. Isopropanol is extensively employed in disinfectants, antiseptics, and cleaning agents due to its strong antimicrobial properties and quick evaporation rate. It is also a key component in personal care products such as lotions, hand sanitizers, and aftershaves. Conversely, n-propanol is prized for its efficacy as a solvent in pharmaceuticals, printing inks, pesticides, and other applications necessitating precise formulations and stringent quality standards.

The global propanol market is influenced by industrial demands and consumer preferences across different regions. North America and Europe represent significant markets, supported by robust pharmaceutical and chemical manufacturing sectors that heavily rely on propanols. Asia-Pacific is also emerging as a prominent market, driven by rapid industrial growth, increasing awareness of hygiene practices, and the expanding cosmetics and personal care industries. As global regulations evolve, particularly concerning environmental and health considerations, ongoing innovations in propanol production and applications continue to shape the market's growth trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Propanol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing Demand from Chemical Manufacturing
        2. Growing Use in Cleaning and Disinfectant Products
        3. Expansion in Cosmetic and Personal Care Industry
      2. Restraints:
        1. Volatility in Feedstock Prices
        2. Environmental and Regulatory Constraints
        3. Competitive Pressure from Substitutes
      3. Opportunities:
        1. Advancements in Bio-based Propanol Production
        2. Expansion in Emerging Markets
        3. Growing Demand for Green Chemicals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Propanol Market, By Product Type, 2021 - 2031 (USD Million)
      1. Isopropanol
      2. N-Propanol
    2. Global Propanol Market, By Application, 2021 - 2031 (USD Million)
      1. Direct Solvents
      2. N-Propyl Acetate
      3. Glycol Ethers N-Propylamines
      4. Other Applications
    3. Global Propanol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Dow Chemical Company
      2. BASF SE
      3. Eastman Chemical Company
      4. Royal Dutch Shell Plc.
      5. China National Petroleum Corporation
      6. Mitsui Chemicals Inc.
      7. Zhejiang Xinhua Chemical Co Ltd.
      8. Oxea GmbH
      9. LG Chem Ltd.
      10. ISU Chemical Co Ltd.
      11. LCY Chemical Corp.
  7. Analyst Views
  8. Future Outlook of the Market