Isopropyl alcohol is a colorless liquid with disinfecting capabilities that is an isomer of 1-propanol. It is used for a variety of functions at home, as well as in many industrial operations and pharmaceutical applications. The most common isopropanol-containing product is rubbing alcohol, which contains 70% isopropanol or ethanol. There are 1,182 isopropyl alcohol products available from 118 isopropyl alcohol manufacturers and suppliers in China.
China Isopropyl Alcohol Market Overview:
The China Isopropyl Alcohol Market report employs both primary and secondary research methods. It offers a thorough examination of global and regional market parameters such as size and market share. This comprehensive report offers a deep dive into the dynamics of the China Isopropyl Alcohol market as well as significant regional information, making it an excellent resource for investors.
China Isopropyl Alcohol Market Size was valued 596.12 Thousand Tonnes in 2020 and is expected to reach 914.25 Thousand Tonnes by 2027, at CAGR of 6.3 % during forecast period of 2021 to 2027.
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China Isopropyl Alcohol Market Report Scope and Research Methodology:
The research includes an in-depth evaluation of the China Isopropyl Alcohol market dynamics, including opportunities, restraints, challenges, and driving forces. Primary and secondary research approaches were used to collect and confirm the data for the China Isopropyl Alcohol market analysis.
Primary Research: Our Maximize Market Research professionals conducted primary research surveys in close collaboration with designated China Isopropyl Alcohol companies. These interviews provided critical insights into the industry, its evolution, and the perspectives of key participants. Respondents were also asked about their competitors, which enriched the inquiry with competitive intelligence.
Secondary Research: The list of China Isopropyl Alcohol industry firms was collected through significant secondary research, which broadened the scope of the report. Furthermore, the article examines in full the macroeconomic and microeconomic variables that have had a considerable impact on the evolution of the China Isopropyl Alcohol industry.
SWOT Analysis: In order to have a better understanding of the industry, we conducted a SWOT analysis, which assisted us in identifying the key players’ strengths and weaknesses in the China Isopropyl Alcohol sector. This report provides a comprehensive view of the competitive environment, allowing for a more comprehensive market assessment.
China Isopropyl Alcohol Market Drivers:
The Isopropyl Alcohol Market is predicted to increase steadily, owing to socioeconomic factors such as rising disposable income, population expansion, fast urbanization, and global economic growth. This socioeconomic development includes the paints & coatings, automobile, and cosmetics sectors. Furthermore, increased chemical production, notably in India, China, and Japan, is expected to be a key driver of increased demand for isopropyl alcohol for solvent applications. The rising per capita disposable income and higher-quality standards of living in the world are expected to increase demand for cosmetics and personal care products, which will drive the demand for isopropyl alcohol as a solvent in various manufacturing processes.
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China Isopropyl Alcohol Market Segmentation:
by Application
• Process Solvent
• Cleaning Agent
• Coating Solvent
• Intermediate
• Other Applications
by End-user Industry
• Cosmetic and Personal Care
• Pharmaceutical
• Food and Beverage
• Paints and Coatings
• Chemical
• Other End-user Industries
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Key Players:
• Jiangsu yongtaihua chemical co., LTD.
• Qingdao Highly Chemical
• Suzhou upline
• China Petroleum & Chemical Corporation
• Exxon Mobil Corporation
• The Dow Chemical Company
• Royal Dutch Shell Plc
• Clariant AG
• Perrigo Company plc
• LyondellBasell Industries N.V.
• INEOS Enterprises
• LG Chem
• Mitsubishi Chemical Corporation
• Deepak Fertilizers and Petrochemicals Corporation Limited.
• BASF SE
• Holdings B.V.
• Dongying Rich Chemical CO., LTD
• Shandong Longze Chemical Co.,Ltd
• Shandong Yijia Petrochemical Sales Co.,LTD
• Shandong Chemichase Chemical Co.,Ltd
Regional Analysis:
- North America (including the United States, Canada, and Mexico)
- European Union (encompassing Germany, France, the United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific region (including China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (covering Brazil, Argentina, Colombia, and the Rest of South America)
- Africa and the Middle East (spanning Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
The study provides comprehensive insights into various development opportunities and challenges in these regions, taking into account different product types, applications, end-users, and countries, among other factors. Additionally, the study encompasses crucial aspects of the China Isopropyl Alcohol market, including sales growth, product pricing and analysis, growth potential, and recommendations for addressing market challenges in these specified areas.
Key Questions Answered in the China Isopropyl Alcohol Market Report are:
- What is China Isopropyl Alcohol ?
- What is the expected CAGR of the China Isopropyl Alcohol market during the forecast period?
- Which region held the largest China Isopropyl Alcohol market share in 2022?
- What are the major drivers of the China Isopropyl Alcohol Market?
- What are the China Isopropyl Alcohol Market segments?
- What factors are expected to challenge the market growth during the forecast period?
Key Offerings:
- A detailed market overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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