Report Overview:
IMARC Group’s report, titled “2-Propanol Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue,” provides a complete roadmap for setting up a 2-propanol manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc. The 2-propanol project report provides detailed insights into project economics, including capital investments, project funding, operating expenses, income and expenditure projections, fixed costs vs. variable costs, direct and indirect costs, expected ROI and net present value (NPV), profit and loss account, financial analysis, etc.
![2-Propanol Manufacturing Plant](https://www.imarcgroup.com/CKEditor/31be8fdb-729f-4b71-bf2b-ee596497a0cb2-propanol-manufacturing-plant.webp)
2-Propanol Market Analysis:
The market for 2-propanol is experiencing steady growth, driven by escalating demand for hand sanitizers and disinfectants and rapid expansion in pharmaceutical and cosmetics industries. As per the reports published by the IMARC Group, The global hand sanitizer market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2032. The hand sanitizer industry continues to depend on 2-Propanol due to factors such as growing awareness of hand hygiene and ongoing efforts to combat infectious diseases worldwide.
Another important factor for growth of demand is the application of 2-Propanol as a solvent in the production of pharmaceuticals, paints, coatings, and other chemical products. The data from USGS indicate that both the production and consumption of 2-Propanol in the United States are on the rise during the last decade. For example, the USGS documented that domestic production of 2-Propanol reached approximately 1.5 million metric tons in 2020, which indicated a 10% growth compared to the previous year’s production. This rising production is evidence of broadening demand for 2-Propanol as a solvent in many industries which underline its significance in industrial processes and formulations.
2-Propanol Market Trends:
Growing Demand for Hand Sanitizers
The demand for 2-Propanol market witnessed a significant growth due to the outbreak of coronavirus (COVID-19) pandemic led by the requirement of hand sanitizers. As per the data from the US Food and Drug Administration (FDA) shows, the hand sanitizer production in the USA experienced unprecedented growth due to the pandemic outbreak with manufacturers utilizing ethyl alcohol as a main component. This rise in demand for hand sanitizers has, therefore, resulted in an increase in the consumption of 2-Propanol, exhibiting it's critical position in the management of public health crisis and promotion of hygiene practices in the pandemic.
Expansion of Pharmaceutical Industry
This continuous growth of the pharmaceutical industry has influenced demand for 2-Propanol, especially as a solvent employed in different drug manufacturing processes. European Medicines Agency (EMA) statitics show that the number of new drug approvals are going steadily upward over the years, thus there was increased use of 2-Propanol. The increase in the exploitation of 2-Propanol demonstrates its vital role in the pharmaceutical manufacturing process and its significance in supplying the essential drugs for meeting the global health challenges.
Latest Industry News:
The market is also being driven by diversification efforts and new production plant development by key players:
- On February 2023, GAIL, a state entity that operates in the field of the Ministry of Petroleum and Natural Gas, announced its share buy in Japonica that is the owner of LNG GAIL Bhuwan Ship. Apart from that the company's board granted the license for the erection of a 50- kiloton IPA plant in the Usar district of Maharashtra. By doing this, diversification of GAIL's operations into chemical industry is targeted, and this gives the group a strong market presence and a good position in the field of chemistry.
- In September 2020, Advanced Petrochemical Company, the biggest company producing chemicals in Saudi Arabia, announced its plan to construct an additional IPA plant of about 70,000 tonnes on an annual basis. The venture will be achieved by Advanced Petrochemical in a joined efforts with Jubail Industrial City representing as a key expansion for Advanced Petrochemical contributing the chemical manufacturing of the region.
Key Insights for 2-Propanol Manufacturing Plant Setup
The following aspects have been covered in the 2-propanol manufacturing plant report:
- Market Analysis:
- Market Trends
- Market Breakup by Segment
- Market Breakup by Region
- Price Analysis
- Impact of COVID-19
- Market Forecast
The report provides insights into the landscape of the 2-propanol industry at the global level. The report also provides a segment-wise and region-wise breakup of the global 2-propanol industry. Additionally, it also provides the price analysis of feedstocks used in the manufacturing of 2-propanol, along with the industry profit margins.
- Detailed Process Flow:
- Product Overview
- Unit Operations Involved
- Mass Balance and Raw Material Requirements
- Quality Assurance Criteria
- Technical Tests
The report also provides detailed information related to the 2-propanol manufacturing process flow and various unit operations involved in a manufacturing plant. Furthermore, information related to mass balance and raw material requirements has also been provided in the report with a list of necessary quality assurance criteria and technical tests.
- Project Details, Requirements and Costs Involved:
- Land, Location and Site Development
- Plant Layout
- Machinery Requirements and Costs
- Raw Material Requirements and Costs
- Packaging Requirements and Costs
- Transportation Requirements and Costs
- Utility Requirements and Costs
- Human Resource Requirements and Costs
The report provides a detailed location analysis covering insights into the land location, selection criteria, location significance, environmental impact, expenditure, and other 2-propanol manufacturing plant costs. Additionally, the report provides information related to plant layout and factors influencing the same. Furthermore, other requirements and expenditures related to machinery, raw materials, packaging, transportation, utilities, and human resources have also been covered in the report.
Capital Expenditure (CapEx) and Operational Expenditure (OpEx) Analysis:
![2-Propanol Manufacturing Plant Project Report](https://www.imarcgroup.com/CKEditor/cdb5d8d0-5239-466d-8c73-fb6fb9855538manufacturing-plant-raw-materials-(1).webp)
- Project Economics:
- Capital Investments
- Operating Costs
- Expenditure Projections
- Revenue Projections
- Taxation and Depreciation
- Profit Projections
- Financial Analysis
The report also covers a detailed analysis of the project economics for setting up a 2-propanol manufacturing plant. This includes the analysis and detailed understanding of capital expenditure (CapEx), operating expenditure (OpEx), income projections, taxation, depreciation, liquidity analysis, profitability analysis, payback period, NPV, uncertainty analysis, and sensitivity analysis. Furthermore, the report also provides a detailed analysis of the regulatory procedures and approvals, information related to financial assistance, along with a comprehensive list of certifications required for setting up a 2-propanol manufacturing plant.
Profitability Analysis:
Particulars |
Unit |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total Income |
US$ |
XX |
XX |
XX |
XX |
XX |
Total Expenditure |
US$ |
XX |
XX |
XX |
XX |
XX |
Gross Profit |
US$ |
XX |
XX |
XX |
XX |
XX |
Gross Margin |
% |
XX |
XX |
XX |
XX |
XX |
Net Profit |
US$ |
XX |
XX |
XX |
XX |
XX |
Net Margin |
% |
XX |
XX |
XX |
XX |
XX |
Report Coverage:
Report Features |
Details |
Product Name |
2-Propanol |
Report Coverage |
Detailed Process Flow: Unit Operations Involved, Quality Assurance Criteria, Technical Tests, Mass Balance, and Raw Material Requirements
Land, Location and Site Development: Selection Criteria and Significance, Location Analysis, Project Planning and Phasing of Development, Environmental Impact, Land Requirement and Costs
Plant Layout: Importance and Essentials, Layout, Factors Influencing Layout
Plant Machinery: Machinery Requirements, Machinery Costs, Machinery Suppliers (Provided on Request)
Raw Materials: Raw Material Requirements, Raw Material Details and Procurement, Raw Material Costs, Raw Material Suppliers (Provided on Request)
Packaging: Packaging Requirements, Packaging Material Details and Procurement, Packaging Costs, Packaging Material Suppliers (Provided on Request)
Other Requirements and Costs: Transportation Requirements and Costs, Utility Requirements and Costs, Energy Requirements and Costs, Water Requirements and Costs, Human Resource Requirements and Costs
Project Economics: Capital Costs, Techno-Economic Parameters, Income Projections, Expenditure Projections, Product Pricing and Margins, Taxation, Depreciation
Financial Analysis: Liquidity Analysis, Profitability Analysis, Payback Period, Net Present Value, Internal Rate of Return, Profit and Loss Account, Uncertainty Analysis, Sensitivity Analysis, Economic Analysis
Other Analysis Covered in The Report: Market Trends and Analysis, Market Segmentation, Market Breakup by Region, Price Trends, Competitive Landscape, Regulatory Landscape, Strategic Recommendations, Case Study of a Successful Venture
|
Currency |
US$ (Data can also be provided in the local currency) |
Pricing and Purchase Options |
Single User License: US$ 3450
Five User License: US$ 4450
Corporate User License: US$ 5450 |
Customization Scope |
The report can also be customized based on the requirement of the customer |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the 2-propanol market performed so far and how will it perform in the coming years?
- What is the market segmentation of the global 2-propanol market?
- What is the regional breakup of the global 2-propanol market?
- What are the price trends of various feedstocks in the 2-propanol industry?
- What is the structure of the 2-propanol industry and who are the key players?
- What are the various unit operations involved in a 2-propanol manufacturing plant?
- What is the total size of land required for setting up a 2-propanol manufacturing plant?
- What is the layout of a 2-propanol manufacturing plant?
- What are the machinery requirements for setting up a 2-propanol manufacturing plant?
- What are the raw material requirements for setting up a 2-propanol manufacturing plant?
- What are the packaging requirements for setting up a 2-propanol manufacturing plant?
- What are the transportation requirements for setting up a 2-propanol manufacturing plant?
- What are the utility requirements for setting up a 2-propanol manufacturing plant?
- What are the human resource requirements for setting up a 2-propanol manufacturing plant?
- What are the infrastructure costs for setting up a 2-propanol manufacturing plant?
- What are the capital costs for setting up a 2-propanol manufacturing plant?
- What are the operating costs for setting up a 2-propanol manufacturing plant?
- What should be the pricing mechanism of the final product?
- What will be the income and expenditures for a 2-propanol manufacturing plant?
- What is the time required to break even?
- What are the profit projections for setting up a 2-propanol manufacturing plant?
- What are the key success and risk factors in the 2-propanol industry?
- What are the key regulatory procedures and requirements for setting up a 2-propanol manufacturing plant?
- What are the key certifications required for setting up a 2-propanol manufacturing plant?
Report Customization:
While we have aimed to create an all-encompassing 2-propanol plant project report, we acknowledge that individual stakeholders may have unique demands. Thus, we offer customized report options that cater to your specific requirements. Our consultants are available to discuss your business requirements, and we can tailor the report's scope accordingly. Some of the common customizations that we are frequently requested to make by our clients include:
- The report can be customized based on the location (country/region) of your plant.
- The plant’s capacity can be customized based on your requirements.
- Plant machinery and costs can be customized based on your requirements.
- Any additions to the current scope can also be provided based on your requirements.
Why Buy IMARC Reports?
- The insights provided in our reports enable stakeholders to make informed business decisions by assessing the feasibility of a business venture.
- Our extensive network of consultants, raw material suppliers, machinery suppliers and subject matter experts spans over 100+ countries across North America, Europe, Asia Pacific, South America, Africa, and the Middle East.
- Our cost modeling team can assist you in understanding the most complex materials. With domain experts across numerous categories, we can assist you in determining how sensitive each component of the cost model is and how it can affect the final cost and prices.
- We keep a constant track of land costs, construction costs, utility costs, and labor costs across 100+ countries and update them regularly.
- Our client base consists of over 3000 organizations, including prominent corporations, governments, and institutions, who rely on us as their trusted business partners. Our clientele varies from small and start-up businesses to Fortune 500 companies.
- Our strong in-house team of engineers, statisticians, modeling experts, chartered accountants, architects, etc. has played a crucial role in constructing, expanding, and optimizing sustainable manufacturing plants worldwide.