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Propanol Market Growth 2026

The study take a closer look at the key driving forces, restraints, and opportunities responsible for determining the future of the market, 2020-2026.

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Propanol Market Growth 2026

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  1. Propanol Market To Reach USD 5.01 Billion By 2026

  2. Market Summary The global propanol market is forecast to reach USD 5.01 Billion by 2026, according to a new report by Reports and Data. Propanol is a colorless primary type of alcohol, and based on the isomerism; it is of two types, such as isopropanol and n-propanol. Isopropanol are mostly used in medical use applications and are also widely utilized as a direct or intermediate solvent chemical in the formulation of various chemical processing; while, the n-propanol is utilized to manufacture cosmetics, perfumes, lacquer formulations, antifreezes, soaps, window cleaner, inks, and others. The n-propanol is likely to grow higher in the forecast period because of its low emission of volatile organic compounds (VOC). Further key findings from the report suggest: •Medical use applications consist of the basic chemical formulations of various syrups & therapeutic medicines and also include lifestyle drugs and medicines. The medical use applications had the highest market possession of USD 1.05 Billion in 2018. The CAGR is forecasted to be 4.2% during the forecast period. •Propanol is one of the safest synthetic alcohol to be used in direct solvent and are widely used in chemical formulations. Eyeglasses cleaner, toner of electronics appliances, removing thermal paste from heatsinks on IC packages are some of its end-use applications. The direct solvent is forecasted to reach a market share of 34.5% by 2026 growing with a rate of 4.6% during the period 2019 – 2026. •Chemical Intermediate segment is measured to gain a market revenue of USD 0.94 Billion by 2026 and the CAGR is forecasted to be 3.6% in the forecast period. Propanol is utilized in chemical intermediate in the process of processing propyl amines, halides, and propyl acetate.

  3. Market Summary Key Players: BASF SE, Royal Dutch Shell PLC, Exxon Mobil Corporation, Tokuyama Corporation, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical. For the purpose of this report, Reports and Data have segmented the global propanol market on the basis of the End-Use, type, applications, and region: End-Use Outlook (Revenue: USD Billion; 2016-2026) Direct Solvent Chemical Intermediate Pharmaceutical Solvents Pesticide Formulations Chemical Reagents Others Type Outlook (Revenue: USD Billion; 2016-2026) Isopropanol N-Propanol Fill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/2104

  4. Market Summary Applications Outlook (Revenue: USD Billion; 2016-2026) Applications Medical Use Paints and Coatings Household & Personal Care Pritnting Inks Others Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) North America Europe Asia Pacific China MEA Latin America Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/2104

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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