Product Code: ETC335064 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Indian n-propanol market import shipments depicted a robust growth trend from 2020 to 2024, with a notable CAGR of 12.6%. Momentum accelerated further between 2023 and 2024, with a growth rate of 50.8%, indicating significant market expansion during the period.
India propanol market is estimated to reach USD 4.93 billion by 2025, at a CAGR of 6.2% between 2017 and 2025. Propanol is used in various industries such as oil & gas, chemical, rubber & plastic, paints& coatings and others for manufacturing products with extended shelf life. It finds its application as an intermediate raw material in the production of polyols and phenols which are further used in producing surfactants that find its applications in personal care products such as soaps, shampoos etc., thereby driving the demand for propanol from these end-use industries across India.
The India n propanol market is set to grow due to several driving factors. N propanol, a type of alcohol, finds applications in various industries such as chemicals, pharmaceuticals, and cosmetics. Its solvent properties and use in formulations contribute to its demand. The growth of end-use sectors, industrial production, and research activities are driving the market`s expansion. Additionally, increasing awareness about sustainable and eco-friendly chemicals may influence the adoption of n propanol as a green solvent. Fluctuations in raw material prices and regulatory considerations could also impact the market`s dynamics.
The India n propanol market is used in various industries, including pharmaceuticals, cosmetics, and paints. Challenges include the need for efficient sourcing of raw materials and ensuring consistent quality. Adhering to safety and environmental regulations in production, storage, and transportation is crucial. Additionally, the market needs to stay abreast of changing industry requirements and consumer preferences while navigating competitive pressures.
The India n propanol market is tied to applications in solvents, chemicals, and manufacturing. The pandemic affected industrial activities and supply chains, influencing demand for such chemicals. As industries resume operations, the market is projected to recover. Stringent safety regulations and emerging industrial trends could also play a role in shaping its future.
The India n-propanol market is driven by its use in various industries, including pharmaceuticals, chemicals, and cosmetics. Key players like Sasol Limited, BASF India Ltd, and Sisco Research Laboratories Pvt. Ltd are important contributors to this market. These companies provide n-propanol for manufacturing processes and formulations across different sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India N-propanol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India N-propanol Market Revenues & Volume, 2021 & 2031F |
3.3 India N-propanol Market - Industry Life Cycle |
3.4 India N-propanol Market - Porter's Five Forces |
3.5 India N-propanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India N-propanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India N-propanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as pharmaceuticals, cosmetics, and chemicals. |
4.2.2 Growing awareness about the benefits of using n-propanol in manufacturing processes. |
4.2.3 Favorable government policies promoting the use of n-propanol in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of n-propanol. |
4.3.2 Stringent regulations related to the production and disposal of n-propanol affecting market growth. |
4.3.3 Competition from alternative solvents and chemicals in the market. |
5 India N-propanol Market Trends |
6 India N-propanol Market, By Types |
6.1 India N-propanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India N-propanol Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India N-propanol Market Revenues & Volume, By Ethylene Hydrogenation Method, 2021-2031F |
6.1.4 India N-propanol Market Revenues & Volume, By Allyl Alcohol Hydrogenation Method, 2021-2031F |
6.1.5 India N-propanol Market Revenues & Volume, By Other Compounds Byproduct Method, 2021-2031F |
6.2 India N-propanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India N-propanol Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 India N-propanol Market Revenues & Volume, By Food Additive, 2021-2031F |
6.2.4 India N-propanol Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 India N-propanol Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.6 India N-propanol Market Revenues & Volume, By Others, 2021-2031F |
7 India N-propanol Market Import-Export Trade Statistics |
7.1 India N-propanol Market Export to Major Countries |
7.2 India N-propanol Market Imports from Major Countries |
8 India N-propanol Market Key Performance Indicators |
8.1 Research and development investments in n-propanol technology advancements. |
8.2 Adoption rate of n-propanol in new applications and industries. |
8.3 Environmental sustainability initiatives and certifications related to n-propanol production and usage. |
9 India N-propanol Market - Opportunity Assessment |
9.1 India N-propanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India N-propanol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India N-propanol Market - Competitive Landscape |
10.1 India N-propanol Market Revenue Share, By Companies, 2024 |
10.2 India N-propanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |