Propanol Price Trend Analysis, Historical Chart and Forecast

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Propanol price in its latest pricing dashboard.

Propanol (CH3CH2CH2OH.) is a flammable chemical compound comprising a propyl group attached to a hydroxyl group molecule. The compound is a colourless chemical with a strong alcoholic characteristic smell. The compound is soluble in water and is miscible in organic solvents, namely, glycols, ketones, ethers, aldehydes, and other aliphatic hydrocarbons.

Propanol boils at 83 °C and has better dissolution properties than ethanol for fats and oils. It can dissolve polar resins in it. It is commercially synthesized by catalytic hydrogenation of propionaldehyde. The compound has a wide range of applications in the global market on a large scale and is mainly associated with the chemicals and paints industries.

Request for Real-Time Propanol Prices:

The key importing countries are India, Vietnam, and the United States. On the other hand, the key exporting countries include the United States, Germany, and China.

Key Details About the Propanol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Propanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Propanol Price Trend, including India Propanol price, USA Propanol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Propanol Price Trend:

Propanol is a chemical compound that is primarily associated with the chemicals and paints industries. It is used to manufacture soaps, window cleaners, lacquer formulas, antifreeze, and other solvents that are used in the industrial chemical synthesis processes. Propanol is used as an intermediate product that is used in manufacturing various chemical compounds on a large scale, such as propyl acetate, propyl amines, halides, and more as a solvent. Propanol is used to produce printing inks, specifically flexographic inks used in printing and packing materials. It is added to products such as metal degreasing agents and floor polishes. It is used as an additive in manufacturing adhesives, while it is used as semi-volatile material that is added to the paint and coating materials to improve drying properties.

Additionally, Propanol is used as a deicing fluid and extracting agent in chemical distillation processes. It can easily form ether and ester compounds that usually have great demand in the commercial market.

Key Players:

  • Dow Chemical Company
  • Royal Dutch Shell Plc.
  • Eastman Chemical Company
  • Mitsui Chemicals Inc.

News & Recent Development

  • Date: May 18, 2023- Researchers from Cambridge University have developed an artificial leaf that converts CO2 and water into ethanol and Propanol, eliminating the midway steps to produce syngas and making the whole process carbon-emission free.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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