N-Propyl Bromide Market Is expected to foray ahead at a healthy cagr of 2% over a forecast period of 2021-2031

Attributed to n-propyl bromide’s low ozone depleting potential (ODP), it is approved by the EPA under the Significant New Alternatives Program (SNAP). Efficacy to dissolve hard wax, oils, greases and other contaminants from metal surfaces, coupled with its low ODP has resulted in n-propyl bromide emerging as an ideal replacement for trichloroethylene and perchloroethylene. Growing demand for n-propyl bromide from industrial cleaning applications such as vapor degreasers and ultrasonic systems are set to fuel market growth over the forecast period (2020-2030). Apart from metal cleaning and vapor degreasing, n-propyl bromide is highly utilized in cleaning optical components, medical equipment, and in electronic cleaning applications.

As per Fact.MR analysis, the global n-propyl bromide market is slated to be valued around US$ 158 Mn in 2030.

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Key Takeaways from N-Propyl Bromide Market Study

• For replacing trichloroethylene and perchloroethylene, n-propyl bromide has become an ideal cleaning solvent in metal cleaning and vapor degreasing applications.
• On the basis of function, n-propyl bromide is primarily used as a solvent in metal cleaning and vapor degreasing applications, which currently accounts for near half of global consumption.
• Growing demand for precision cleaning from the semiconductor industry and increasing consumption of n-propyl bromide in the electronics industry are set to result in their market valuation of over US$ 7 Mn by 2030.
• The pharmaceutical and agrochemical industry has become the largest consumer of n-propyl bromide, accounting for near half of global consumption.
• East Asia has driven the demand for n-propyl bromide during the historical period, creating a market value worth over US$ 45 Mn in 2019.
• After identification of the toxic nature of n-propyl bromide by the EPA and European Union, developed regions are poised to reduce its consumption during the forecast period.
• The United Kingdom has banned the usage of n-propyl, and other European countries such as Germany, France, Spain, and others are on the verge of banning this chemical, which will significantly impact its demand over the coming years.
• Manufacturing and trade restrictions due to the COVID-19 outbreak will result in sluggish growth of the global n-propyl bromide market.

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N-Propyl Bromide Market: Segmentation

Fact.MR has segmented the n-propyl bromide market on the basis of function, application, and region.

Function

• Solvent
• Intermediate
• Others
• Others

Application

• Metal Cleaning & Degreasing
• Electronics
• Pharmaceuticals
• Agrochemicals
• Others

Key Country-wise Inclusions

• US N-Propyl Bromide Market
  • Canada N-Propyl Bromide Market Sale
  • Germany N-Propyl Bromide Market Production
  • UK N-Propyl Bromide Market Industry
  • France N-Propyl Bromide Market
  • Spain N-Propyl Bromide Market Supply-Demand
  • Italy N-Propyl Bromide Market Outlook
  • Russia & CIS Market Analysis
  • China N-Propyl Bromide Market Intelligence
  • India N-Propyl Bromide Market Demand Assessment
  • Japan N-Propyl Bromide Market Supply Assessment
  • ASEAN N-Propyl Bromide Market Scenario
  • Brazil N-Propyl Bromide Market Sales Analysis
  • Mexico N-Propyl Bromide Market Sales Intelligence

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The report covers following N-Propyl Bromide Market insights and assessment that are helpful for all participants involved in the Intradermal Injections market:

• Data on recently introduced regulations and their impact on key industries and on demand in N-Propyl Bromide Market
• Latest industry N-Propyl Bromide Market with key analysis of market drivers, trends, and influencing factors
• Key trends Analysis of N-Propyl Bromide Market and changing consumer preferences in major industries.
• Changing N-Propyl Bromide Market demand and consumption of diverse products
• Major trends underlining funding by key investors in numerous countries
• New investment opportunities in diverse technology and product or service types
• Comprehensive data and Competitive analysis of N-Propyl Bromide Market major players
• N-Propyl Bromide Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
• Intradermal Injections demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

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