In 2023, France led the European market for propyl and isopropyl alcohol with a volume share of 46.31 kilograms, followed by Spain with 19.57 kilograms, and Italy with 10.68 kilograms. The United Kingdom reported 9.05 kilograms, while smaller markets included Poland at 4.26 kilograms and Sweden at 3.04 kilograms. Year-on-year, Hungary and Spain experienced significant growth rates of 4.28% and 3.54%, respectively. Italy and the United Kingdom saw declines of -3.5% and -4.28%, respectively. Over the past five years, growth trends have varied across countries, indicating mixed market development.
Future trends to watch in the European propyl alcohol and isopropyl alcohol market include:
- Continued growth and stabilization in emerging markets such as Hungary and Spain.
- Potential rebound in declining markets like Italy and the United Kingdom with strategic industry investments.
- An increased focus on sustainability and eco-friendly production impacting market dynamics and demand patterns.
- Ongoing impact of regulatory changes in the chemical and pharmaceutical sectors.
Top countries in Propyl Alcohol and Isopropyl Alcohol Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 46.31 | 2023 | +2.53% | +1.79% | View data |
| 2 | 2 Spain | 19.57 | 2023 | -0.66% | +3.54% | View data |
| 3 | 3 Italy | 10.68 | 2023 | -3.74% | -3.5% | View data |
| 4 | 4 United Kingdom | 9.05 | 2023 | -3.57% | -4.28% | View data |
| 5 | 5 Poland | 4.26 | 2023 | +1.95% | +0.83% | View data |
| 6 | 6 Sweden | 3.04 | 2023 | +2.55% | +3.46% | View data |
| 7 | 7 Hungary | 2.47 | 2023 | +2.56% | +4.28% | View data |
| 8 | 8 Denmark | 1.91 | 2023 | +1.5% | +2.13% | View data |
| 9 | 9 Czech Republic | 1.32 | 2023 | +0.59% | +0.83% | View data |
| 10 | 10 Finland | 0.77 | 2023 | -3.77% | -0.84% | View data |
