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Get the latest insights on price movement and trend analysis of Propanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Why did the n-Propanol Price Change in July 2025? The North American N-Propanol market remained broadly stable throughout Q2 2025, as evidenced by a steady Price Index during the period.
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During the last quarter of 2024, the n-propanol prices in the USA reached 1270 USD/MT in December. As manufacturers continued to produce at a constant rate and consumers delayed their purchases, prices in the United States remained mostly unchanged. Instead of replenishing before the holidays, industries such as personal care, coatings, and pharmaceuticals withdrew and concentrated on stock reduction, influencing pricing patterns.
Product
| Category | Region | Price |
---|---|---|---|
N Propanol | Petrochemicals | USA | 1270 USD/MT |
N Propanol | Petrochemicals | China | 1250 USD/MT |
N Propanol | Petrochemicals | Germany | 1470 USD/MT |
Explore IMARC’s newly published report, titled “N Propanol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of N propanol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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Get the latest insights on price movement and trend analysis of 3-(Methylmercapto)Propionaldehyde in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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The Propanol Market Report is Segmented by Product Type (n-Propanol, Isopropanol, Bio-Based Propanol), End-Use Industry (Pharmaceutical, Chemicals, Personal Care & Cosmetics, Printing Inks, Paints & Coatings, Electronics Cleaning, Adhesives & Sealants, Others), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).
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Get the latest insights on price movement and trend analysis of Propionaldehyde in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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The global Propionaldehyde Market growth is expected to register a CAGR of 5%. Find out the latest trends and insights on the Propionaldehyde Market. Our analysis provides valuable information on the market size, key players, and growth opportunities.
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The propanol market is expected to be USD 4,125.7 million by 2025, growing at a CAGR of 5.3% during this forecast period and reach USD 6,937.1 million by 2035.
Metric | Value |
---|---|
Market Size in 2025 | USD 4,125.7 million |
Projected Market Size in 2035 | USD 6,937.1 million |
CAGR (2025 to 2035) | 5.3% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 5.1% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 5.4% |
Region | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 5.6% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.9% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 5.0% |
Segmentation Outlook
Type | Market Share (2025) |
---|---|
Isopropanol | 72% |
Application | Market Share (2025) |
---|---|
Solvent | 49% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Dow | 15-18% |
ExxonMobil Corporation | 12-15% |
BASF SE | 10-13% |
Royal Dutch Shell PLC | 8-11% |
Honeywell International Inc. | 5-8% |
Other Companies (combined) | 35-50% |
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The global N-propanol market size reached US$ 299.5 Million in 2021 and it is likely to touch a valuation of US$ 308.6 Million in 2022. Furthermore, with rising application in solvents, deicing fluids, and chemical intermediates, the overall sales of N-propanol are projected to rise at 3.1% CAGR between 2022 and 2032, topping a valuation of US$ 420.6 Million by 2032.
Attribute | Key Insights |
---|---|
N-Propanol Market Base Value (2021A) | US$ 299.5 Million |
Estimated Market Value (2022E) | US$ 308.6 Million |
Projected Market Value (2032F) | US$ 420.6 Million |
Value-based CAGR (2022 to 2032) | 3.1% |
Collective Value Share: Top 3 Countries (2022E) | 36.6% |
Scope of Report
Attribute | Details |
---|---|
Estimated Market Size (2022) | US$308.6 Million |
Projected Market Size (2032) | US$ 420.6 Million |
Anticipated Growth Rate (2022 to 2032) | 3.1% CAGR |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value and Tons for Volume |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, Australia and New Zealand, GCC Countries, Turkey, South Africa |
Key Segments Covered | Application, End Use, and Region |
Key Companies Profiled |
|
Report Coverage |
|
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The global propanol market is estimated to be valued at USD XX million in 2025 and is projected to expand at a CAGR of 4.00% from 2025 to 2033. Propanol, also known as propyl alcohol, is a versatile solvent with a wide range of applications in various industries. Factors driving the market include increasing demand from the pharmaceutical sector, growing use in chemical synthesis, and rising demand in the personal care industry. The market is segmented by product type into n-propanol and isopropanol. N-propanol is primarily used in the pharmaceutical and chemical industries, while isopropanol finds applications in personal care, printing inks, and paints and coatings. The pharmaceutical segment is expected to witness significant growth due to increasing demand for propanol as a solvent and excipient. The chemical segment is anticipated to benefit from the use of propanol in the production of pharmaceuticals, fragrances, and flavors. Key drivers for this market are: , Rising Demand from Personal Care Industry; Other Drivers. Potential restraints include: , Prohibited for Use as a Feed Additive. Notable trends are: Growing Application in Pharmaceutical Industry.
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The size of the Propanol Market was valued at USD 3.96 billion in 2023 and is projected to reach USD 6.19 billion by 2032, with an expected CAGR of 6.6 % during the forecast period. The propanol market is a key segment of the global chemicals industry. Propanol has versatile applications and is used widely as a solvent, intermediate, and chemical feedstock. It comes in two main forms: isopropanol (IPA) and n-propanol, which have different applications. Isopropanol is used extensively as a solvent in the pharmaceutical, cosmetic, and cleaning industries, while n-propanol is used mainly for chemicals, coatings, and industrial process solvent applications. Market demand in pharmaceuticals, personal care, automotive, and paints & coatings industries drives this market. Major growth drivers of the market include increasing industrialization and the rise in end-user sectors, particularly in emerging markets. Moreover, demand for isopropanol as a disinfectant, especially following health crises like the COVID-19 pandemic, is adding to the growth of the market. Sustainability trends are pushing towards eco-friendly alternatives and efficient production methods.
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The global propionaldehyde market is being aided by the growth of the propionic acid industry. The global propionic acid market size reached around USD 1.64 Billion in 2024. The market is projected to grow at a CAGR of 6.40% between 2025 and 2034 to reach nearly USD 3.05 Billion by 2034.
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The global n-propanol market size is projected to grow at a CAGR of 4.20% between 2025 and 2034.
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The global n-Propanol market has expanded to reach approximately 478 thousand tonnes in 2024 and is expected to grow at a healthy CAGR of 5.56% during the forecast period until 2035.
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Global Propionaldehyde Market was valued at USD 3.02 Billion in 2024 and is expected to reach USD 3.67 Billion by 2030 with a CAGR of 6.28% during the forecast period.
Pages | 186 |
Market Size | 2024: USD 3.02 Billion |
Forecast Market Size | 2030: USD 3.67 Billion |
CAGR | 2025-2030: 6.28% |
Fastest Growing Segment | Flavours and Fragrance |
Largest Market | Asia-pacific |
Key Players | 1. DuPont de Nemours, Inc. 2. BASF SE 3. Eastman Chemical Company 4. Perstorp Holding AB. 5. Zibo Nuoao Chemical Co.,Ltd, 6. Celanese Corporation |
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The global N-propanol market size was estimated at 919.3 million USD in 2025 and is projected to reach 1,242.4 million USD by 2033, growing at a CAGR of 2.9% over the forecast period. The growth of the N-propanol market is attributed to its rising demand from the end-use industries such as coatings and printing ink, feed additive and spice, pharmaceutical and pesticide, daily necessities and others. The major driving factors for the N-propanol market growth are the increasing demand for n-propanol in the production of various products such as solvents, chemicals, and intermediates, along with its growing use in the automotive and construction industries. The market is further segmented based on application, type, and region. Based on application, the coatings and printing ink segment is expected to hold the largest market share during the forecast period owing to the increasing demand for n-propanol in the production of paints, inks, and coatings. The ethylene hydrogenation method segment is expected to hold the largest market share based on type during the forecast period due to its cost-effectiveness and high yield. Geographically, Asia-Pacific is expected to be the largest market for n-propanol during the forecast period due to the increasing demand from the emerging economies such as China and India.
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The global amino methyl propanol market size was valued at USD 420 million in 2023 and is projected to reach USD 780 million by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period. This growth is driven by the increasing demand for multifunctional personal care products, a rising pharmaceutical industry, and expanding industrial applications.
The demand for amino methyl propanol is significantly influenced by the booming personal care industry. As consumer awareness about personal hygiene and grooming increases, the preference for high-quality cosmetic and personal care products is rising. Amino methyl propanol, known for its pH-adjusting and neutralizing properties, is extensively used in formulations of moisturizers, cleansers, and hair care products. The shift towards organic and multifunctional products further propels its demand, enhancing market growth prospects.
In the pharmaceutical sector, the utilization of amino methyl propanol is on the rise due to its role as a buffering agent. The pharmaceutical industry’s expansion, driven by increasing healthcare needs and advancements in drug formulations, is a significant growth factor for the amino methyl propanol market. The rising prevalence of chronic diseases and the subsequent development of new drug formulations create a steady demand for high-purity amino methyl propanol, ensuring market growth over the forecast period.
Industrial applications of amino methyl propanol also contribute to market growth. This chemical is used in various industrial processes such as coatings, adhesives, and agrochemicals due to its solvent properties and pH regulation capabilities. The continuous growth of the industrial sector, particularly in developing regions, drives the demand for amino methyl propanol. Investment in infrastructure and the growth of the manufacturing sector in countries like China and India are key contributors to market expansion.
Regionally, the Asia Pacific region is expected to witness substantial growth in the amino methyl propanol market, attributed to the rapid industrialization and increasing consumer base for personal care products. North America and Europe also contribute significantly to the market due to the established pharmaceutical and cosmetic industries in these regions. Growth in these areas is supported by technological advancements and consumer inclination towards high-quality products.
The amino methyl propanol market is segmented by product type into industrial grade, cosmetic grade, and pharmaceutical grade. Each of these segments has distinct applications and demand dynamics. Industrial grade amino methyl propanol is primarily used in various industrial applications, including coatings, adhesives, and agrochemicals. The demand in this segment is driven by the growth of the industrial sector and infrastructural developments globally. The versatility of industrial grade amino methyl propanol in different industrial processes ensures steady demand.
Cosmetic grade amino methyl propanol is a significant segment due to the rising demand for personal care products. This grade is used in formulations of skincare and hair care products, functioning as a pH adjuster and neutralizer. The increasing consumer focus on grooming and hygiene, coupled with the trend towards organic and multifunctional products, boosts the demand for cosmetic grade amino methyl propanol. The growth in the cosmetics and personal care industry is a key driver for this segment.
Pharmaceutical grade amino methyl propanol is used as a buffering agent in drug formulations. The expansion of the pharmaceutical industry, driven by the increasing prevalence of chronic diseases and advancements in drug development, significantly contributes to the demand for pharmaceutical grade amino methyl propanol. The need for high-purity chemicals in pharmaceutical applications ensures that this segment continues to grow steadily.
Attributes | Details |
Report Title | Amino Methyl Propanol Market Research Report 2033 |
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Dive into Market Research Intellect's Ethoxy Propanol Market Report, valued at USD 1.2 billion in 2024, and forecast to reach USD 1.8 billion by 2033, growing at a CAGR of 5.2% from 2026 to 2033.
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The global propanol (isopropanol and n-propanol) market size reached approximately USD 3.23 Billion in 2024. The market is projected to grow at a CAGR of 3.80% between 2025 and 2034, reaching a value of around USD 4.69 Billion by 2034.
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The global market size for 2 Methoxy 1 Propanol, estimated at USD 250 million in 2023, is anticipated to reach approximately USD 410 million by 2032, registering a robust CAGR of 5.8% during the forecast period. This growth is primarily driven by increasing demand across various industries such as paints and coatings, pharmaceuticals, and electronics, where 2 Methoxy 1 Propanol serves as a vital chemical intermediate and solvent.
One of the key growth factors driving the 2 Methoxy 1 Propanol market is the rapid expansion of the paints and coatings industry. This sector demands high-quality solvents to improve the application properties of paints and coatings, such as drying time and finish quality. As urbanization and infrastructure development continue to surge globally, especially in emerging economies, the demand for advanced paint formulations is on the rise, thereby propelling the market for 2 Methoxy 1 Propanol. Additionally, the increasing emphasis on environmental sustainability is pushing manufacturers to replace traditional solvents with more eco-friendly alternatives like 2 Methoxy 1 Propanol, further boosting market growth.
Another significant growth factor is the burgeoning pharmaceutical industry, where 2 Methoxy 1 Propanol is utilized as a solvent in drug formulation processes. The pharmaceutical sector's expansion can be attributed to the rising prevalence of chronic diseases, increasing healthcare expenditure, and the advent of new therapeutic drugs. These elements necessitate efficient chemical processes where 2 Methoxy 1 Propanol plays a pivotal role, thereby driving its market demand. Moreover, ongoing research and development in the pharmaceutical sector are likely to uncover new applications for 2 Methoxy 1 Propanol, contributing to market growth.
The electronics industry also plays a crucial role in the growth of the 2 Methoxy 1 Propanol market. This solvent is extensively used in the manufacturing of semiconductors and other electronic components, which are fundamental to the production of consumer electronics, automotive electronics, and industrial machinery. With the global surge in demand for electronic devices, driven by advancements in technology and increasing consumer disposable income, the need for 2 Methoxy 1 Propanol is witnessing a significant uptick. Furthermore, the rise of the Internet of Things (IoT) and smart technologies is expected to create new opportunities for market expansion.
Regionally, Asia Pacific is expected to dominate the 2 Methoxy 1 Propanol market, thanks to its booming industrial sector, particularly in countries like China, India, and Japan. The region's robust manufacturing base, coupled with increasing investments in infrastructure and technological advancements, is driving the demand for solvents and chemical intermediates. North America and Europe are also significant markets, fueled by the strong presence of pharmaceutical and electronics industries. Meanwhile, Latin America and the Middle East & Africa are expected to witness moderate growth, attributed to their developing industrial sectors.
1-Propanol is another solvent that shares similarities with 2 Methoxy 1 Propanol in terms of its applications and benefits. Known for its versatility, 1-Propanol is widely used in the pharmaceutical industry as a solvent for the synthesis of various drugs and as an intermediate in chemical reactions. Its low toxicity and excellent solvency make it a preferred choice in the formulation of pharmaceuticals, ensuring the stability and efficacy of the final products. Additionally, 1-Propanol's use extends to the manufacturing of coatings and adhesives, where it enhances the drying time and finish quality, similar to the role of 2 Methoxy 1 Propanol in the paints and coatings industry. The increasing demand for high-performance solvents in these sectors is likely to drive the market for 1-Propanol alongside 2 Methoxy 1 Propanol.
The 2 Methoxy 1 Propanol market is segmented by purity level into low purity and high purity categories. High purity 2 Methoxy 1 Propanol is predominantly used in applications that require stringent quality standards, such as pharmaceuticals and electronics. This segment is expected to witness substantial growth due to the escalating demand for high-purity solvents in these high-tech industries. The pharmaceutical industry, in particular, necessitates high-purity solvents for drug formulation and manufacturing p
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Get the latest insights on price movement and trend analysis of Propanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).