Isopropyl Alcohol Market was valued at USD 3222.8 million in 2021 and is expected to grow at a CAGR of 4% between 2022 and 2028. Isopropyl alcohol is mixed with water and used as a disinfectant friction-alcohol. It is also used in aftershave lotions, hand lotions and other cosmetics. It is used in industry as an inexpensive solvent for cosmetics, pharmaceuticals, shellacs and gums as denatured ethanol(ethyl alcohol). Isopropyl alcohol, also known by the common name of friction alcohol, is a flammable chemical compound with dozens of practical uses. Many households use isopropyl alcohol, which contains antibacterial detergent and disinfectant applications, as well as adhesives and stain removers of delicate electronic devices.
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Top Major Key Players Industries
Dow Chemical
Mistral Industrial Chemicals
INEOS Corporation
ReAgent Chemicals Ltd.
LyondellBasell Industries
Linde Gas
Ecolab
Royal Dutch Shell
ExxonMobil Corporation
By Application
Process and Preparation Solvent
Cleaning and Drying Agent
Coating and Dye Solvent
Intermediate
Other Applications
By End-user Industry
Cosmetics and Personal Care
Pharmaceutical
Electronics
Paints and Coatings
Chemicals
Other End-user Industries
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Scope of the Report
The research study analyzes the global Isopropyl Alcohol industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Isopropyl Alcohol Report
- What was the Isopropyl Alcohol size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Isopropyl Alcohol during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Isopropyl Alcohol was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Isopropyl Alcohol market.
• The market share of the global Isopropyl Alcohol market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Isopropyl Alcohol market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Isopropyl Alcohol market.
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