N-Propyl Bromide Market Analysis, Growth Drivers and Opportunity Assessment Till 2026

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Rockville, MD -- (SBWire) -- 04/17/2018 --The global market discussion on N-Propyl Bromide can be found in an upcoming report which is going to be published in the wide database of FactMR. The title of the study is "N-Propyl Bromide Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2026", and has been prepared through extensive secondary and primary research methodology. N-Propyl Bromide is a category of highly advanced non-chlorinated, non-flammable solvents majorly used as cleaning or degreasing solvent for removing contaminants such as grease, lubricants, and fluxes from metal machining parts. N-propyl bromide is known by alternative names such as normal propyl bromide, bromopropane, NPB amongst others. N propyl bromide is widely being used as an effective alternative to chlorinated solvents for metal cleaning applications and also as replacement for traditionally used ozone depleting solvents. Despite the major use of as cleaning and degreasing solvent, n-propyl bromide is also used as chemical intermediate across a number of end use industries such as agricultural and pharmaceutical.

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N propyl bromide is used as an alternative to conventionally used chlorinated cleaning solvents such as trichloroethylene, trichloroethane, perchloroethylene, and methylene chloride. The major advantage of using n propyl bromide is the reduced flammability. N propyl bromide is being used as vapor degreasing solvent, metal cleaning and dry cleaning solvent.

Another major factor driving the demand for n propyl bromide market is the easier availability and cheaper cost. Thus it is economic to use over a range of applications.

Market Restraints

One of the major factor impeding the growth of n-propyl bromide market is the use of advanced hydrocarbon solvents such as de-aromatic solvents in metal cleaning applications and paints, coatings and inks applications and have relatively lower organic volatile content as compared to n-propyl bromide.

Another major factor restraining the growth of n-propyl bromide market is the use of water based paints and coatings and powder coatings which is likely to impact the global demand for n-propyl bromide market.

Various government organizations such as USEPA have also regulated the use of n-propyl bromide for aerosols and adhesives application and promoted the use of other solvents which are even less harmful to ozone layer.

Moreover, there has also been an increase in bio based solvents which may hamper the demand for n-propyl bromide in the long run.

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Market Trends

The global n-propyl market is majorly an unorganized market governed by a sizeable number of regional players. Therefore as a differentiating strategy with the manufacturers have started providing customized product offerings for tailored specific applications.

Moreover, there has also been an increase in use of n-propyl bromide for aerospace parts cleaning applications. These solvents have shown improved performance in vapor degreasing applications and also prevents rusting and degradation.

The global N-Propyl Bromide market by consumption is anticipated to be dominated by Asia Pacific region. With the burgeoning paints and coatings industry in the region predominated by China and India, the demand for n-propyl bromide is projected to grow. Moreover, a significant share in demand is projected to come from metal cleaning applications owing to the growing demand for degreasing solvents in metal working applications. North America and Europe are also projected to hold significant share in the global demand for n-propyl bromide owing to the growing regulations for the harmful effects of chemicals on ozone layer causing depletion, thus there has been a projected rise in demand for n-propyl bromide market. Other regions such as Latin America, Japan and Middle East and Africa are projected to hold relatively smaller share in the global n-propyl bromide market and are expected to witness relatively sluggish growth over the forecast period.

Some of the market participants identified across the value chain of the global N-Propyl Bromide market are Lanxess AG, The Dow Chemical Company, Reliance Specialty Products, Inc., Enviro Tech International, Inc., Unistar Chemical, Oceanchem Group Limited, Megaloid Laboratries Ltd., Solaris Chemtech etc.

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