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Propanol (Isopropanol & N-Propanol) Market Worth 2745.8 Kilotons by 2018 - New Report by MarketsandMarkets.
Date:9/9/2013

ng” Isopropanol Markets while “Direct Solvents - The Biggest & Fastest Growing” N-Propanol Market

Isopropanol is the most widely used solvent mostly due to its excellent solvency properties.

Currently more than half of the total global consumption is by solvents application but the demand growth is quiet moderate due to environment regulations on volatile organic compounds. Isopropanol demand by solvents segment is very high in U.S., followed by China, Germany, and Japan.

Isopropanol is also used in pharmaceutical industry as a rubbing alcohol and for manufacturing various medicines. India, China, U.S., and France are the biggest consumers of isopropanol for pharmaceutical applications and the global demand growth of pharmaceuticals application is estimated to be over 5.0% from 2013 to 2018. n-Propanol is majorly used as a direct solvent in flexographic & other printing inks, coatings industry, and as a process solvent. The n-Propanol market is subjugated by direct solvents application, consuming more than 40.0% of n-propanol in 2012. It is also the fastest growing market of n-propanol which is in line with the demand growth in countries like U.S. and Germany, which are also the biggest consumers of n-propanol as a direct solvent.

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