Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.1 Billion | USD 3.9 Billion | 3.32% | 2022 |
FrequentlyAsked Questions
Propanol is also referred to as isopropanol or n-propanol. It is a colorless alcohol and is used extensively as a solvent in various end-user verticals.
The global propanol (isopropanol & n-propanol) market is projected to grow owing to the increasing demand in the end-user verticals.
According to study, the global propanol (isopropanol & n-propanol) range market size was worth around USD 3.1 billion in 2022 and is predicted to grow to around USD 3.9 billion in 2022 and is predicted to grow around USD 126.75 billion by 2030.
The CAGR value of propanol (isopropanol & n-propanol) market is expected to be around 3.32% during 2023-2030.
The global propanol (isopropanol & n-propanol) market is expected to witness the highest growth in the Asia-Pacific region owing to the dominance of India and China in the chemical industry.
The global propanol (isopropanol & n-propanol) market is Dow Inc., BASF, Exxon Mobil Corporation, Eastman Chemical Company, The Dow Chemical Company, Huntsman Corporation, Perstorp Holding AB, Evonik Industries AG, Sumitomo Chemical Co., Ltd., INEOS Group Holdings S.A., Shell Chemicals, LyondellBasell Industries N.V., Mitsui Chemicals, Inc., Solvay S.A., The Lubrizol Corporation, Mitsubishi Chemical Corporation, Zhejiang Xinhua Chemical Co., Ltd, Sasol Limited, Sinopec Corp., and others.
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