The Global 1-Phenoxy-2-Propanol Market was valued at USD 40.62 Million in 2025 and is projected to reach USD 57.28 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2026–2034). This growth is being driven by increasing demand for high-performance solvents in water-based coatings, its critical role as a synthetic intermediate in pharmaceuticals, and its application as a stabilizer and preservative in the cosmetics industry.

As the chemical industry continues to evolve towards more efficient and specialized solutions, the focus shifts to the key producers who are driving innovation, quality, and supply chain reliability. In this blog, we profile the Top 10 Companies in the 1-Phenoxy-2-Propanol Industry—a combination of global chemical titans and specialized manufacturers shaping the future of this versatile chemical compound.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-Purity 1-Phenoxy-2-Propanol, Industrial and Pharmaceutical Grades

BASF is a world-leading chemical company and a major supplier of high-purity 1-Phenoxy-2-Propanol. Its extensive portfolio serves a wide range of industries, leveraging its global production network and strong R&D capabilities to provide consistent quality and technical support to customers worldwide.

Innovation and Sustainability Initiatives:

• Investment in advanced production technologies for higher purity grades

• Focus on sustainable chemical processes and green chemistry principles

• Strategic partnerships with key players in the pharmaceutical and coatings sectors

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1-Phenoxy-2-Propanol Market – View in Detailed Research Report

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: 1-Phenoxy-2-Propanol, Specialty Glycol Ethers

Dow is a global leader in materials science, offering a diverse range of performance chemicals, including 1-Phenoxy-2-Propanol. The company’s strong position is built on its integrated supply chain and deep application knowledge, particularly in solvents for coatings and industrial processes.

Innovation and Sustainability Initiatives:

• Development of solvent solutions with improved environmental profiles

• Commitment to circular economy and reducing the carbon footprint of chemical production

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8️⃣ 3. Suzhou Wedo Chemicals Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Customized 1-Phenoxy-2-Propanol Grades, Solvent Blends

Suzhou Wedo Chemicals is a prominent Chinese manufacturer specializing in fine chemicals and pharmaceutical intermediates. The company has established itself as a reliable supplier of 1-Phenoxy-2-Propanol, particularly within the Asia-Pacific region, by offering competitive pricing and flexible production capabilities.

Innovation and Sustainability Initiatives:

• Focus on cost-effective production to serve price-sensitive markets

• Expansion of production capacity to meet growing regional demand

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7️⃣ 4. Hangzhou Verychem Science and Technology Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: High-Purity 1-Phenoxy-2-Propanol, Pharmaceutical Intermediates

Hangzhou Verychem is a specialized manufacturer with a strong focus on high-purity chemical intermediates. The company is a key player in the supply of 1-Phenoxy-2-Propanol for demanding applications in pharmaceuticals and electronics, where stringent quality standards are paramount.

Innovation and Sustainability Initiatives:

• Specialization in high-purity grades for critical applications

• Investment in quality control systems to ensure product consistency

Download FREE Sample Report:
1-Phenoxy-2-Propanol Market – View in Detailed Research Report

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6️⃣ 5. Haihang Industries Co., Ltd.

Headquarters: Jinan, Shandong, China
Key Offering: Industrial Grade 1-Phenoxy-2-Propanol, Chemical Exports

Haihang Industries is a well-known exporter of fine chemicals, serving a global clientele. The company supplies 1-Phenoxy-2-Propanol primarily for industrial solvent applications, leveraging its strong logistics and distribution network to reach international markets efficiently.

Innovation and Sustainability Initiatives:

• Maintaining a robust global supply chain for reliable delivery

• Adherence to international quality and safety standards for chemical exports

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5️⃣ 6. Liaoning Kelong Fine Chemical Co., Ltd.

Headquarters: Liaoning, China
Key Offering: 1-Phenoxy-2-Propanol, Various Glycol Ethers

Liaoning Kelong Fine Chemical is a significant producer within China’s chemical sector, manufacturing a range of solvents and intermediates. The company contributes to the domestic and regional supply of 1-Phenoxy-2-Propanol, catering to the paints, coatings, and cleaning industries.

Innovation and Sustainability Initiatives:

• Focus on serving the domestic Chinese market with competitive products

• Continuous improvement of manufacturing processes for efficiency

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4️⃣ 7. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty Solvents, High-Performance 1-Phenoxy-2-Propanol

Solvay is a global leader in advanced materials and specialty chemicals. While its portfolio is vast, its expertise in developing high-performance solvents positions it as a key player for specific, high-value applications of 1-Phenoxy-2-Propanol, particularly in Europe and North America.

Innovation and Sustainability Initiatives:

• Strong R&D focus on sustainable chemistry and bio-based alternatives

• Commitment to reducing the environmental impact of solvent use

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3️⃣ 8. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Specialty Chemicals, Coalescing Agents and Solvents

Eastman Chemical possesses deep expertise in coatings and adhesive technologies, where solvents like 1-Phenoxy-2-Propanol play a crucial role. The company’s technical knowledge and application development support make it a valuable partner for formulators seeking optimized performance.

Innovation and Sustainability Initiatives:

• Development of solvent systems that enhance product performance and sustainability

• Investment in innovation centers to collaborate with customers on new formulations

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2️⃣ 9. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Performance Chemicals, High-Purity Intermediates

Mitsubishi Chemical is a major force in the global chemical industry, with a diverse portfolio that includes specialty solvents. The company’s focus on quality and technological innovation ensures a reliable supply of 1-Phenoxy-2-Propanol for advanced applications in the Asia-Pacific region and beyond.

Innovation and Sustainability Initiatives:

• Integration of advanced monitoring and control systems for consistent quality

• Commitment to the Kaizen philosophy for continuous process improvement

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1️⃣ 10. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Specialty Additives, Custom Chemical Solutions

LANXESS is a leading specialty chemicals company with a strong presence in various industrial segments. Its capability to provide tailored chemical solutions, including specific solvent formulations involving 1-Phenoxy-2-Propanol, makes it a key partner for customers with unique requirements.

Innovation and Sustainability Initiatives:

• Focus on developing safe and sustainable product portfolios

• Strong customer-centric approach with application-specific technical support

Get Full Report Here:
1-Phenoxy-2-Propanol Market – View in Detailed Research Report

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🌍 Outlook: The Future of 1-Phenoxy-2-Propanol is Specialized and Sustainable

The 1-Phenoxy-2-Propanol market is undergoing a significant transformation. While volume demand from traditional industrial solvents remains strong, the industry is increasingly focusing on high-purity grades for pharmaceuticals, innovative formulations for water-based coatings, and sustainable production pathways.

📈 Key Trends Shaping the Market:

• Rising demand for pharmaceutical intermediates in emerging economies

• Regulatory push for low-VOC solvents, boosting water-based coating applications

• Increased R&D into bio-based production methods to enhance sustainability

• Consolidation among manufacturers to achieve economies of scale and expand geographic reach

Get Full Report Here:
1-Phenoxy-2-Propanol Market – View in Detailed Research Report

The companies listed above are not only supplying a critical chemical intermediate—they’re driving the innovation and specialization required for the next generation of industrial and consumer products.