n-Propanol Market Overview, Growth Factors, Demand And Trends Forecast, 2017-2022
n-Propanol is a primary alcohol with the formula CH3CH2CH2OH. This colorless liquid is also known as 1-propanol, propan-1-ol, 1-propyl alcohol, and n-propyl alcohol. The major use of n-propanol is as a multi-purpose solvent in industry and in the home. It is used in flexographic printing ink and textile applications, products for personal use, such as cosmetics and lotions, and in window cleaning, polishing, and antiseptic formulations. n-Propanol is also used as an intermediate in the manufacture of a variety of chemical compounds.
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The five-year forecast for the n-propanol (CAS 71-23-8) market shows a healthy Compound Annual Growth Rate (CAGR) of 7.5 percent driven by increased demand from the Printing Ink, Pharmaceutical & Cosmetic, Coating & Paint, Agrochemical, and others segment, according to a new report published by Gen Consulting Company.
The report covers forecast and analysis for the n-propanol market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the n-propanol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the n-propanol market on a global level.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global n-propanol market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
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Demand for this market rises from the Printing Ink, Pharmaceutical & Cosmetic, Coating & Paint, Agrochemical, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global n-propanol market.
Key Applications
• Printing Ink
• Pharmaceutical & Cosmetic
• Coating & Paint
• Agrochemical
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