N Propanol Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_005205
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.91 |
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The N-Propanol Market size is estimated to grow at a CAGR of 5.12% between 2022 and 2032. The market size is forecast to increase by USD 1,567.89 million. The growth of the market depends on several factors, including the rise in demand for solvents in various industries, increasing use of N-Propanol in pharmaceuticals and cosmetics, and growing demand for paints and coatings. N-Propanol, also known as 1-propanol or propyl alcohol, is a colorless liquid with a strong odor. It is a primary alcohol that is used as a solvent in various applications. N-Propanol is widely used in the production of pharmaceuticals, cosmetics, printing inks, paints and coatings, and other industrial applications.
N-Propanol Market Overview
Drivers
One of the key factors driving the N-Propanol market growth is the increasing demand for solvents in various industries. N-Propanol is a versatile solvent that is used in the production of paints, coatings, inks, and adhesives. It is also used as a cleaning agent in the electronics industry. The growing industrialization and urbanization, especially in emerging economies, have led to an increased demand for solvents, thereby driving the growth of the N-Propanol market.
Moreover, the use of N-Propanol in pharmaceuticals and cosmetics is another significant driver for market growth. N-Propanol is used as a solvent in the production of pharmaceutical drugs and as an ingredient in cosmetics such as lotions, creams, and perfumes. The increasing consumer awareness regarding personal care and hygiene has led to a rise in demand for pharmaceuticals and cosmetics, thereby fueling the growth of the N-Propanol market.
Trends
A key trend shaping the N-Propanol market growth is the increasing use of N-Propanol in the production of paints and coatings. N-Propanol is used as a solvent in the formulation of paints, varnishes, and lacquers. It helps in dissolving the resin and other components, thereby improving the flow and application properties of the paint. The growing construction and automotive industries, especially in developing countries, have led to an increased demand for paints and coatings, driving the growth of the N-Propanol market.
Additionally, the rising demand for eco-friendly and sustainable products is another trend positively impacting the market growth. N-Propanol is considered a greener alternative to other solvents due to its low toxicity and low volatile organic compound (VOC) content. The increasing focus on environmental regulations and sustainability has led to a shift towards the use of N-Propanol in various applications, further driving the market growth.
Restraints:
One of the key challenges hindering the N-Propanol market growth is the availability of substitutes. N-Propanol faces competition from other solvents such as ethanol, isopropanol, and butanol, which can be used as alternatives in various applications. The availability of substitutes at competitive prices poses a challenge to the market growth of N-Propanol.
Furthermore, the volatility in raw material prices is another restraint for the market. The production of N-Propanol involves the use of feedstocks such as propylene, which is derived from petroleum or natural gas. Fluctuations in the prices of these feedstocks can impact the production cost of N-Propanol, thereby affecting the market growth.
N-Propanol Market Segmentation By Application
The paints and coatings segment is estimated to witness significant growth during the forecast period. N-Propanol is widely used as a solvent in the formulation of paints, varnishes, and lacquers. It helps in dissolving the resin and other components, improving the flow and application properties of the paint. The growing construction and automotive industries, especially in developing countries, have led to an increased demand for paints and coatings, driving the growth of this segment and, in turn, the overall N-Propanol market.
The pharmaceuticals and cosmetics segment is another significant application of N-Propanol. It is used as a solvent in the production of pharmaceutical drugs and as an ingredient in cosmetics such as lotions, creams, and perfumes. The increasing consumer awareness regarding personal care and hygiene has led to a rise in demand for pharmaceuticals and cosmetics, further fueling the growth of this segment.
N-Propanol Market Segmentation By Type
The industrial grade N-Propanol segment is estimated to witness significant growth during the forecast period. Industrial grade N-Propanol is widely used as a solvent in various industrial applications such as paints, coatings, inks, adhesives, and cleaning agents. The growing industrialization and urbanization, especially in emerging economies, have led to an increased demand for solvents, driving the growth of this segment.
The pharmaceutical grade N-Propanol segment is another significant type of N-Propanol. It is used in the production of pharmaceutical drugs, where high purity and quality are required. The increasing demand for pharmaceuticals, driven by factors such as population growth and the prevalence of diseases, is fueling the growth of this segment.
Regional Overview
Asia-Pacific (APAC) is estimated to contribute the largest share to the growth of the global N-Propanol market during the forecast period. The region is witnessing rapid industrialization and urbanization, leading to an increased demand for solvents in various industries. Countries like China and India are major contributors to the market growth in APAC. The presence of prominent market players and the growing construction and automotive industries in the region further drive the market growth.
North America and Europe are also significant regions in the N-Propanol market. The presence of well-established pharmaceutical and cosmetics industries in these regions contributes to the demand for N-Propanol. Additionally, the increasing focus on sustainability and eco-friendly products drives the adoption of N-Propanol in these regions.
Customer Landscape
The N-Propanol market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major N-Propanol Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Eastman Chemical Company: Eastman is a global specialty chemical company that produces a wide range of chemicals, including N-Propanol. They have a significant presence in the chemical industry.
The Dow Chemical Company (now Dow Inc.): Dow was historically one of the largest chemical companies globally and is known for its diverse product portfolio. It might have been involved in the production of N-Propanol.
BASF SE: BASF is another major player in the chemical industry, producing various chemicals and intermediates, including N-Propanol.
Sasol: Sasol is a South African integrated energy and chemical company that has been involved in the production of chemicals and materials, including N-Propanol.
Mitsui Chemicals, Inc.: Mitsui Chemicals is a Japanese company with a wide range of chemical products. It might be involved in the production or distribution of N-Propanol.
OXEA: OXEA is a global manufacturer of oxo intermediates and derivatives, including alcohols like N-Propanol.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies.
Some of the major companies in the N-Propanol market include:
- BASF SE
- Dow Chemical Company
- Eastman Chemical Company
- Exxon Mobil Corporation
- Mitsui Chemicals, Inc.
- Oxea Corporation
- Sasol Limited
- Shell Chemicals
- Sinopec Corp.
- The Chemours Company
Segment Overview
The N-Propanol market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook:
- Paints and coatings
- Pharmaceuticals and cosmetics
- Printing inks
- Adhesives
- Others
- Type Outlook:
- Industrial grade N-Propanol
- Pharmaceutical grade N-Propanol
- Geography Outlook:
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
Table of Contents
Global N-propanol Market Professional Survey Report 2018
1 Industry Overview of N-propanol
1.1 Definition and Specifications of N-propanol
1.1.1 Definition of N-propanol
1.1.2 Specifications of N-propanol
1.2 Classification of N-propanol
1.2.1 Ethylene Hydrogenation Method(
1.2.2 Other Compounds Byproduct Method
1.3 Applications of N-propanol
1.3.1 Chemical Industry
1.3.2 Feed Additives
1.3.3 Spice Industry
1.3.4 Pharmaceutical
1.3.5 Others
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
2 Manufacturing Cost Structure Analysis of N-propanol
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of N-propanol
2.3 Manufacturing Process Analysis of N-propanol
2.4 Industry Chain Structure of N-propanol
3 Technical Data and Manufacturing Plants Analysis of N-propanol
3.1 Capacity and Commercial Production Date of Global N-propanol Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global N-propanol Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global N-propanol Major Manufacturers in 2017
3.4 Raw Materials Sources Analysis of Global N-propanol Major Manufacturers in 2017
4 Global N-propanol Overall Market Overview
4.1 2013-2018E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2013-2018E Global N-propanol Capacity and Growth Rate Analysis
4.2.2 2017 N-propanol Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2013-2018E Global N-propanol Sales and Growth Rate Analysis
4.3.2 2017 N-propanol Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2013-2018E Global N-propanol Sales Price
4.4.2 2017 N-propanol Sales Price Analysis (Company Segment)
5 N-propanol Regional Market Analysis
5.1 North America N-propanol Market Analysis
5.1.1 North America N-propanol Market Overview
5.1.2 North America 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.1.3 North America 2013-2018E N-propanol Sales Price Analysis
5.1.4 North America 2017 N-propanol Market Share Analysis
5.2 China N-propanol Market Analysis
5.2.1 China N-propanol Market Overview
5.2.2 China 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.2.3 China 2013-2018E N-propanol Sales Price Analysis
5.2.4 China 2017 N-propanol Market Share Analysis
5.3 Europe N-propanol Market Analysis
5.3.1 Europe N-propanol Market Overview
5.3.2 Europe 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.3.3 Europe 2013-2018E N-propanol Sales Price Analysis
5.3.4 Europe 2017 N-propanol Market Share Analysis
5.4 Southeast Asia N-propanol Market Analysis
5.4.1 Southeast Asia N-propanol Market Overview
5.4.2 Southeast Asia 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.4.3 Southeast Asia 2013-2018E N-propanol Sales Price Analysis
5.4.4 Southeast Asia 2017 N-propanol Market Share Analysis
5.5 Japan N-propanol Market Analysis
5.5.1 Japan N-propanol Market Overview
5.5.2 Japan 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.5.3 Japan 2013-2018E N-propanol Sales Price Analysis
5.5.4 Japan 2017 N-propanol Market Share Analysis
5.6 India N-propanol Market Analysis
5.6.1 India N-propanol Market Overview
5.6.2 India 2013-2018E N-propanol Local Supply, Import, Export, Local Consumption Analysis
5.6.3 India 2013-2018E N-propanol Sales Price Analysis
5.6.4 India 2017 N-propanol Market Share Analysis
6 Global 2013-2018E N-propanol Segment Market Analysis (by Type)
6.1 Global 2013-2018E N-propanol Sales by Type
6.2 Different Types of N-propanol Product Interview Price Analysis
6.3 Different Types of N-propanol Product Driving Factors Analysis
6.3.1 Ethylene Hydrogenation Method( of N-propanol Growth Driving Factor Analysis
6.3.2 Other Compounds Byproduct Method of N-propanol Growth Driving Factor Analysis
7 Global 2013-2018E N-propanol Segment Market Analysis (by Application)
7.1 Global 2013-2018E N-propanol Consumption by Application
7.2 Different Application of N-propanol Product Interview Price Analysis
7.3 Different Application of N-propanol Product Driving Factors Analysis
7.3.1 Chemical Industry of N-propanol Growth Driving Factor Analysis
7.3.2 Feed Additives of N-propanol Growth Driving Factor Analysis
7.3.3 Spice Industry of N-propanol Growth Driving Factor Analysis
7.3.4 Pharmaceutical of N-propanol Growth Driving Factor Analysis
7.3.5 Others of N-propanol Growth Driving Factor Analysis
8 Major Manufacturers Analysis of N-propanol
8.1 BASF
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 BASF 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 BASF 2017 N-propanol Business Region Distribution Analysis
8.2 Dow
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Product A
8.2.2.2 Product B
8.2.3 Dow 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Dow 2017 N-propanol Business Region Distribution Analysis
8.3 Eastman
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Product A
8.3.2.2 Product B
8.3.3 Eastman 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 Eastman 2017 N-propanol Business Region Distribution Analysis
8.4 OXEA
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Product A
8.4.2.2 Product B
8.4.3 OXEA 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 OXEA 2017 N-propanol Business Region Distribution Analysis
8.5 Sasol
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Product A
8.5.2.2 Product B
8.5.3 Sasol 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 Sasol 2017 N-propanol Business Region Distribution Analysis
8.6 Wu Jiang Chemical
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.2.1 Product A
8.6.2.2 Product B
8.6.3 Wu Jiang Chemical 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.6.4 Wu Jiang Chemical 2017 N-propanol Business Region Distribution Analysis
8.7 Zibo Nalcohol Chemical Co.Ltd
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.2.1 Product A
8.7.2.2 Product B
8.7.3 Zibo Nalcohol Chemical Co.Ltd 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.7.4 Zibo Nalcohol Chemical Co.Ltd 2017 N-propanol Business Region Distribution Analysis
8.8 DAIREN CHEMICAL CORP
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.2.1 Product A
8.8.2.2 Product B
8.8.3 DAIREN CHEMICAL CORP 2017 N-propanol Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.8.4 DAIREN CHEMICAL CORP 2017 N-propanol Business Region Distribution Analysis
9 Development Trend of Analysis of N-propanol Market
9.1 Global N-propanol Market Trend Analysis
9.1.1 Global 2018-2025 N-propanol Market Size (Volume and Value) Forecast
9.1.2 Global 2018-2025 N-propanol Sales Price Forecast
9.2 N-propanol Regional Market Trend
9.2.1 North America 2018-2025 N-propanol Consumption Forecast
9.2.2 China 2018-2025 N-propanol Consumption Forecast
9.2.3 Europe 2018-2025 N-propanol Consumption Forecast
9.2.4 Southeast Asia 2018-2025 N-propanol Consumption Forecast
9.2.5 Japan 2018-2025 N-propanol Consumption Forecast
9.2.6 India 2018-2025 N-propanol Consumption Forecast
9.3 N-propanol Market Trend (Product Type)
9.4 N-propanol Market Trend (Application)
10 N-propanol Marketing Type Analysis
10.1 N-propanol Regional Marketing Type Analysis
10.2 N-propanol International Trade Type Analysis
10.3 Traders or Distributors with Contact Information of N-propanol by Region
10.4 N-propanol Supply Chain Analysis
11 Consumers Analysis of N-propanol
11.1 Consumer 1 Analysis
11.2 Consumer 2 Analysis
11.3 Consumer 3 Analysis
11.4 Consumer 4 Analysis
12 Conclusion of the Global N-propanol Market Professional Survey Report 2017
Methodology
Analyst Introduction
Data Source
List of Tables and Figures
Figure Picture of N-propanol
Table Product Specifications of N-propanol
Table Classification of N-propanol
Figure Global Production Market Share of N-propanol by Type in 2017
Figure Ethylene Hydrogenation Method( Picture
Table Major Manufacturers of Ethylene Hydrogenation Method(
Figure Other Compounds Byproduct Method Picture
Table Major Manufacturers of Other Compounds Byproduct Method
Table Applications of N-propanol
Figure Global Consumption Volume Market Share of N-propanol by Application in 2017
Figure Chemical Industry Examples
Table Major Consumers in Chemical Industry
Figure Feed Additives Examples
Table Major Consumers in Feed Additives
Figure Spice Industry Examples
Table Major Consumers in Spice Industry
Figure Pharmaceutical Examples
Table Major Consumers in Pharmaceutical
Figure Others Examples
Table Major Consumers in Others
Figure Market Share of N-propanol by Regions
Figure North America N-propanol Market Size (Million USD) (2013-2025)
Figure China N-propanol Market Size (Million USD) (2013-2025)
Figure Europe N-propanol Market Size (Million USD) (2013-2025)
Figure Southeast Asia N-propanol Market Size (Million USD) (2013-2025)
Figure Japan N-propanol Market Size (Million USD) (2013-2025)
Figure India N-propanol Market Size (Million USD) (2013-2025)
Table N-propanol Raw Material and Suppliers
Table Manufacturing Cost Structure Analysis of N-propanol in 2017
Figure Manufacturing Process Analysis of N-propanol
Figure Industry Chain Structure of N-propanol
Table Capacity and Commercial Production Date of Global N-propanol Major Manufacturers in 2017
Table Manufacturing Plants Distribution of Global N-propanol Major Manufacturers in 2017
Table R&D Status and Technology Source of Global N-propanol Major Manufacturers in 2017
Table Raw Materials Sources Analysis of Global N-propanol Major Manufacturers in 2017
Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of N-propanol 2013-2018E
Figure Global 2013-2018E N-propanol Market Size (Volume) and Growth Rate
Figure Global 2013-2018E N-propanol Market Size (Value) and Growth Rate
Table 2013-2018E Global N-propanol Capacity and Growth Rate
Table 2017 Global N-propanol Capacity (K MT) List (Company Segment)
Table 2013-2018E Global N-propanol Sales (K MT) and Growth Rate
Table 2017 Global N-propanol Sales (K MT) List (Company Segment)
Table 2013-2018E Global N-propanol Sales Price (USD/MT)
Table 2017 Global N-propanol Sales Price (USD/MT) List (Company Segment)
Figure North America Capacity Overview
Table North America Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure North America 2013-2018E N-propanol Sales Price (USD/MT)
Figure North America 2017 N-propanol Sales Market Share
Figure China Capacity Overview
Table China Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure China 2013-2018E N-propanol Sales Price (USD/MT)
Figure China 2017 N-propanol Sales Market Share
Figure Europe Capacity Overview
Table Europe Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure Europe 2013-2018E N-propanol Sales Price (USD/MT)
Figure Europe 2017 N-propanol Sales Market Share
Figure Southeast Asia Capacity Overview
Table Southeast Asia Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure Southeast Asia 2013-2018E N-propanol Sales Price (USD/MT)
Figure Southeast Asia 2017 N-propanol Sales Market Share
Figure Japan Capacity Overview
Table Japan Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure Japan 2013-2018E N-propanol Sales Price (USD/MT)
Figure Japan 2017 N-propanol Sales Market Share
Figure India Capacity Overview
Table India Supply, Import, Export and Consumption (K MT) of N-propanol 2013-2018E
Figure India 2013-2018E N-propanol Sales Price (USD/MT)
Figure India 2017 N-propanol Sales Market Share
Table Global 2013-2018E N-propanol Sales (K MT) by Type
Table Different Types N-propanol Product Interview Price
Table Global 2013-2018E N-propanol Sales (K MT) by Application
Table Different Application N-propanol Product Interview Price
Table BASF Information List
Table Product A Overview
Table Product B Overview
Table 2017 BASF N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 BASF N-propanol Business Region Distribution
Table Dow Information List
Table Product A Overview
Table Product B Overview
Table 2017 Dow N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 Dow N-propanol Business Region Distribution
Table Eastman Information List
Table Product A Overview
Table Product B Overview
Table 2015 Eastman N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 Eastman N-propanol Business Region Distribution
Table OXEA Information List
Table Product A Overview
Table Product B Overview
Table 2017 OXEA N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 OXEA N-propanol Business Region Distribution
Table Sasol Information List
Table Product A Overview
Table Product B Overview
Table 2017 Sasol N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 Sasol N-propanol Business Region Distribution
Table Wu Jiang Chemical Information List
Table Product A Overview
Table Product B Overview
Table 2017 Wu Jiang Chemical N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 Wu Jiang Chemical N-propanol Business Region Distribution
Table Zibo Nalcohol Chemical Co.Ltd Information List
Table Product A Overview
Table Product B Overview
Table 2017 Zibo Nalcohol Chemical Co.Ltd N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 Zibo Nalcohol Chemical Co.Ltd N-propanol Business Region Distribution
Table DAIREN CHEMICAL CORP Information List
Table Product A Overview
Table Product B Overview
Table 2017 DAIREN CHEMICAL CORP N-propanol Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2017 DAIREN CHEMICAL CORP N-propanol Business Region Distribution
Figure Global 2018-2025 N-propanol Market Size (K MT) and Growth Rate Forecast
Figure Global 2018-2025 N-propanol Market Size (Million USD) and Growth Rate Forecast
Figure Global 2018-2025 N-propanol Sales Price (USD/MT) Forecast
Figure North America 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Figure China 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Figure Europe 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Figure Southeast Asia 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Figure Japan 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Figure India 2018-2025 N-propanol Consumption Volume (K MT) and Growth Rate Forecast
Table Global Sales Volume (K MT) of N-propanol by Type 2018-2025
Table Global Consumption Volume (K MT) of N-propanol by Application 2018-2025
Table Traders or Distributors with Contact Information of N-propanol by Region
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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