Propanol Market Analysis
Segmentation Analysis:
In terms of segmentation, the global Propanol market is analyzed on the basis of Product By Application.
N-Propanol is a type of alcohol market that is commonly used as a solvent in various industries such as pharmaceuticals, cosmetics, and chemicals. It is also known as propan-1-ol and is produced through the hydration of propylene. The market for N-Propanol is driven by its wide range of applications such as solvents, chemical intermediates, and disinfectants. The increasing demand for N-Propanol in the pharmaceutical industry for the production of various drugs is expected to drive the market growth in the coming years.
Isopropyl Alcohol Market:
Isopropyl Alcohol, also known as isopropanol, is another important segment in the Propanol market. It is a clear, colorless liquid with a strong odor and is commonly used as a solvent, disinfectant, and cleaning agent. The market for Isopropyl Alcohol is driven by its wide range of applications such as pharmaceuticals, cosmetics, and household products. The increasing demand for Isopropyl Alcohol in the manufacturing of hand sanitizers and disinfectants due to the COVID-19 pandemic is expected to boost market growth in the near future.
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