n-Propanol Prices, News, Demand and Supply | ChemAnalyst

1
N-Propanol Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview Quarterly Update on Global
n-Propanol Market   For the Quarter Ending March
2021   North America Extreme freeze weather
conditions in the USA Gulf region negatively
impacted n-Propanol supplies during the first
quarter of 2021. Due to limited feedstock
availability and adverse effects of the winter
storm, a major production facility of capacity
250,000 MT/year of n-Propanol was temporarily
shut down during mid-February. Get more info
https//www.chemanalyst.com/Pricing-data/n-propano
l-1182
2
N-Propanol Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Exports to other countries were hampered due to
disrupted trade in the region. Demand however
surged amidst tight supplies as the offtakes from
the solvents sector increased in the first
quarter. OQ Chemical surged the prices of
n-Propanol by USD 120/MT in the first half of
the quarter.   Asia-Pacific (APAC)   n-Propanol
supplies in the Asia Pacific region were
balanced-to-tight during the Q1 2021. Prices
showed an astonishing spike in March buoyed due
to sudden decline in imports from the US. The
freezing snap in the US has affected n-Propanol
production as well as export potential
considerably and has laid a direct impact upon
the supplies of several Asian and European
countries. Due to improved consumptions from the
paints and coatings, and Antifreeze sector the
n-propanol supplies witnessed an upsurge in Q1.
The significant hike on the prices of Crude oil
proportionally impacted the prices of n-Propanol
in the APAC region.       Europe   The European
n-Propanol market was severely impacted by the
supply shortages throughout the quarter in 2021,
as the refineries operating rates were affected
in the northwest region amid the cold weather,
followed by the reduced imports from the USA.
OMV announced to build a 1.25 million
liters/year facility to produce n-Propanol in
Schwechat Facility. Demand from the downstream
sectors was ample as offtakes from paints and
coatings sector improved.                   
3
N-Propanol Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various n-Propanol manufacturers, spread across
the domestic and international market, suppliers,
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market.   Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global n-Propanol market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
n-Propanol market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on weekly, monthly
and yearly basis.   Finally, region-specific
markets for N-Propanol are analyzed
and region-wise demand pattern is tracked.
4
N-Propanol Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/

• About
• According to the systematic IUPAC nomenclature,
  n-Propanol is termed as 1-propanol, propyl
  alcohol. n-Propanol is a neutral, low viscosity,
  clear liquid with an alcoholic odour. The product
  is miscible with solvents such as alcohols,
  ketones, aldehydes, ethers, glycols, aromatic
  aliphatic hydrocarbons, and water. The key
  applications of the product extend in
  pharmaceuticals, cosmetics, paints and coatings,
  ink industries and as an agriculture
  intermediate. n-Propanol is manufactured by using
  the oxo process by hydroformylation of ethylene
  using carbon monoxide and hydrogen in the
  presence of a catalyst cobalt octa-carbonyl
  resulted in formation of propionaldehyde
  (intermediate) followed by its catalytic
  hydrogenation. Its major producers are Royal
  Dutch Shell PLC, Dow Chemical Company, ExxonMobil
  Chemical Company, Oxea and Sasol Ltd. 
• Product Specific Details
•  
• CAS No 71-23-8 HS Code 29051210 Grade Industri
  al Grade Packaging Size Drum Incoterms CFR,
  FOB, Ex-Works, Bulk Contracted, Spot
•  
• Countries Covered
•  
• APAC  China, Japan, India, South Korea,
  Singapore
• Europe  Germany, France, Belgium
• America  USA, Brazil
• MEA  Saudi Arabia, UAE, South Africa

5

• N-Propanol Prices Overview
•  

E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
How we can help ChemAnalyst addresses the key
problematic areas and risks associated with
chemical and petrochemical business globally and
enables the decision-maker to make smart choices.
It identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally.
6
N-Propanol Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
CHEMANALYST B-44, Sector -57, Noida, National
Capital Region, UP, India 201301 Tel
91-120-4523900 E sales_at_chemanalyst.com