N-propylbenzene is an alkylbenzene or a benzene with one of its hydrogens replaced by a propyl group. It is a colorless or light-yellow liquid, which is denser than water. It is usually insoluble in water. It is toxic in nature, if inhaled or consumed. Its boiling point is 86°F and it is highly flammable. There exist different methods of manufacturing N-propylbenzene. These include the reaction of diethyl sulfate with benzyl magnesium chloride, alkylation of N-propyl chloride with benzene by the inclusion of aluminum chloride, fractional distillation of petroleum reformate, and the reaction of diethyl sulfate with benzyl magnesium chloride. N-propyl benzene is manufactured either using the analytic laboratory method or the OSHA chemical sampling.
The global market for n-propylbenzene has been segmented on the basis of end-uses and geographies. On the basis of end-uses, the global market for n-propylbenzene can be segregated into industry use and consumer use. The industry use segment is sub-segmented into fuels &fuel additives, intermediates, and solvents. Consumer uses include fuels and related products. The industry use segment held a major market share in 2015 and is anticipated to witness steady growth during the forecast period. The solvents sub-segment is estimated to experience speedy growth during the forecast period, owing to high usage of solvents in the extraction of chemicals and metals. The consumer use segment is likely to witness speedy growth during the forecast period, due to increase in the usage of fuels for various consumer purposes.
Major drivers for growth of the global market for N-propylbenzene include growth in the automobile industry, which, in turn, raises the demand for fuel. In addition, increased demand for solvents in various industries such as automobiles, chemicals, and welding is further fueling the market. The toxic nature of N-propylbenzene is a major factor that hampers the market growth in the consumer use segment. Highly inflammable nature of N-propylbenzene is another major hindrance for the market growth, as several industrial applications involve high usage of power and fire.
Geographically, the global market for N-propylbenzene has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held the dominant market share in the global market for N-propyl benzene in 2015.This is attributed to strong presence of various industries in the region. In addition, early penetration of technology has facilitated easy manufacture of N-propylbenzene, which has resulted in easy availability of the chemical to cater to the demand. Asia Pacific is the speedily expanding market for N-propyl benzene, owing to increased development of various industries in the region. The market in Middle East & Africa is also projected to expand at a considerable rate.
Major players operating inthe global N-propylbenzene market includeSinopharm Chemical Reagent Co., Ltd. (Shanghai, China), P. K. Intermediates Pvt. Ltd. (Baruch, India), J&K Scientific Ltd. (Beijing, China), Meryer (Shanghai) Chemical Technology Co., Ltd. (Shanghai, China), Waterstone Technology (Indiana, the U.S.), BASF SE (Ludwigshafen, Germany), M.P. Biomedicals, Inc. (California, the U.S.), Beta Pharma Inc. (Connecticut, the U.S.), Varian Inc. (California, the U.S.), Chem Service Inc. (Pennsylvania, the U.S.), Narchem Corporation (Illinois, the U.S.), SKC Inc. (Pennsylvania, the U.S.), and Acros Organics U.S. (New Jersey, the U.S.).
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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