“Rising Demand for Bio-Based Propanol”
The propanol market is experiencing steady growth, driven by the increasing demand for both Isopropanol and N-Propanol across diverse sectors, including pharmaceuticals, cosmetics, industrial solvents, and chemicals. One prominent trend in the market is the rising demand for bio-based propanol, which is being fueled by environmental concerns and the shift toward sustainable production. Companies such as BASF and Eni are leading the way in developing bio-propanol from glycerine, a by-product of biodiesel production, which offers a more eco-friendly alternative to conventional fossil-based propanol. This trend aligns with global sustainability goals and caters to the growing consumer preference for green products. In addition, the demand for Isopropanol surged during the COVID-19 pandemic due to its widespread use in sanitizers and disinfectants. As the market evolves, the integration of sustainable technologies and the growing need for disinfectant products will continue to propel the growth of the propanol market.
