Portland, OR -- (SBWire) -- 07/10/2017 --Propanol is a colorlessvariety of alcohol primarily available in the form of its two major isomers: isopropanol and n-propanol or 1-propanol. Isopropanol and n-propanol are mainly used as a chemical solvent in various industrial applications. The aim of the report is to analyze the present and projected future trends of the global propanol market, as the demand for the product is expected to rise. The analysis provides an understanding of the market potential in various industry applications. The study focuses on the opportunities in emerging global economies so that companies can strategically make region specific plans and gain a competitive frame of reference.
Get full summary of the Report: https://www.alliedmarketresearch.com/propanol-isopropanol-n-propanol-market
Competitive Landscape:
The major players dominating the global propanol market are Royal Dutch Shell Plc, The Dow Chemical Company, ExxonMobil Chemical Company, Sasol Limited, BASF SE, Eastman Chemical Company, Mitsui Chemicals, Inc. and LG Chem. Ltd. In December 2012, Dow Chemical Company launched its AB (2-Amino-1-butanol), a primary amino alcohol used in the production of pharmaceutical intermediates.
HIGH LEVEL ANALYSIS:
The global chemical market is growing at a rapid rate. The driving and restraining factors for this market is strategically dealt with in this analysis with emphasis is laid on its growth opportunities. The global market is analyzed using Porter's Five Force Model, which assists stakeholders in understanding the bargaining power of buyers & suppliers, threat of new entrants and competitive rivalry. As the product is primarily used in industrial applications, such as pharmaceuticals, coating, painting and ink industries, the customer/buyer is highly educated and price sensitive. Therefore, the supplier has low bargaining power while the buyer enjoys high bargaining power. Due to difficulties in production and distribution in terms of stringent government/environmental regulations and volatility of raw material price, the threat of new entrants would be low. Additionally, since it is a rapidly growing industry, the intensity of rivalry would be minimal in the global propanol market. The study also includes a value chain analysis for optimum understanding of key players in the supply chain.
Request Sample Report: https://www.alliedmarketresearch.com/purchase-enquiry/431
KEY DELIVERABLES
The global propanol market is segmented based on application and geography.
MARKET BY END USER APPLICATION:
- N-Propyl Acetate
- Direct Solvents
- N-Propylamines
- Glycol Ethers
- Others
MARKET BY GEOGRAPHY:
- North America
- Europe
- Asia-pacific
- LAMEA
Global Propanol (Isopropanol & N-Propanol) Market - Opportunities and Forecasts, 2016-2022