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N-propylBenz Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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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.).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market      

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