Dublin, Oct. 1, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9zjbxs/propanol)
has announced the addition of the "Propanol
(Isopropanol & N-Propanol) Market By Applications (Solvents,
Chemical Intermediates, Pharmaceuticals & Others) &
Geography - Trends And Forecasts To 2018" report to their
offering.
The global propanol market, including isopropanol and n-propanol,
has witnessed a significant growth in the past few years and this
growth is estimated to continue in the coming years. Both
isopropanol and n-propanol are among the most widely used solvents
and are also employed for manufacturing various industrial
chemicals, additionally isopropanol finds significant applications
in pharmaceuticals. Isopropanol is considered as a viable
substitute for other organic solvents and its volumetric
consumption is far more than that of n-propanol.
Currently, Asia-Pacific is the largest consumer of isopropanol,
consuming about 40.0% of the total global consumption, while North
America is the largest consumer of n-propanol, consuming more than
half of the total global consumption in 2012. Among all the
countries, U.S. leads the isopropanol and n-propanol market,
consuming maximum volume of both in 2012. The market volume of
isopropanol & n-propanol is comparatively low in ROW region,
but it is expected show the highest CAGR from 2013 to 2018,
followed by Asia-Pacific.
A large volume of isopropanol and n-propanol are used as solvents
in various industries. The demand growth of n-propanol as a direct
solvent is quite high while isopropanol consumption as a solvent is
growing at a lower CAGR, which is majorly due to stringent norms on
volatile organic compound emissions. Isopropanol use in
pharmaceutical industry is driving its demand significantly and is
expected to show the highest CAGR from 2013 to 2018.
Major manufacturing plants of isopropanol
& n-propanol are located in North America and Europe, making
these regions net exporters of both the compounds. Major
manufacturers of isopropanol include Royal Dutch Shell PLC (The
Netherlands), The Dow Chemical Company (U.S.), ExxonMobil Chemical
Company (U.S.), and Sasol Ltd. (South Africa), while key n-propanol
manufacturers are OXEA GmbH (Germany), Sasol Ltd. (South Africa),
The Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.),
and BASF SE (Germany).
This report covers the isopropanol & n-propanol market by key
regions and major countries in each region. It also provides
detailed segmentation of isopropanol & n-propanol market on the
basis of its major applications, along with its projection till
2018.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Propanol Plant Capacities
6 Isopropanol Market
7 N-Propanol Market
8 Competitive Landscape
9 Company Profiles - Overview, Financials, Products & Services,
Strategy, And Developments
- BASF SE
- Carboclor SA
- China National Petroleum Corporation
- Deepak Fertilizers And Petrochemicals Corporation Limited
- Eastman Chemical Company
- Exxon Mobil Chemical Company
- ISU Chemical Co Ltd
- JX Nippon Oil & Energy Corporation
- LCY Chemical Corp
- LG Chem Ltd
- Lyondellbasell Industries NV
- Mitsui Chemicals Inc
- Novacap SAS
- Oxea GMBH
- Rhodia SA
- Royal Dutch Shell Plc
- Sanofi
- Sasol Limited
- The Dow Chemical Company
- Tokuyama Corporation
- Zhejiang Xinhua Chemical Co Ltd
For more information visit http://www.researchandmarkets.com/research/9zjbxs/propanol
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
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Sector:
Chemicals