Market Overview: Isopropyl alcohol, or isopropanol, a versatile chemical with applications spanning various industries, has emerged as a critical component in the production of household and industrial chemicals. The report outlines its typical manufacturing processes, including indirect hydration, direct hydration, and hydrogenation of acetone.
Research Methodology: The report employs a robust research methodology to present a comprehensive analysis of the global Isopropyl Alcohol Market. A detailed explanation of the research methodology is available in the free sample report.
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Market Dynamics:
Isopropyl alcohol has become the disinfectant of choice in hospitals, pharmaceuticals, clean rooms, electronics manufacturing, and medical device manufacturing. The report highlights its pivotal role, especially in the context of the Covid-19 pandemic, where global disinfectant consumption has surged. Isopropyl alcohol’s versatility as a complex disinfectant and its ease of procurement have contributed to its increased demand worldwide.
Market Segment Analysis:
The dominating segment in the global Isopropyl Alcohol Market is Process Solvent, witnessing rapid growth, particularly in the aftermath of the 2022 pandemic. The report emphasizes the surge in demand for disinfectants, personal care products, and other formulations, with Process Solvent playing a crucial role in maintaining global hygiene standards.
The Pharmaceuticals segment emerges as the dominant end-user, witnessing increased demand from various industries, including pharmaceuticals, personal care, cosmetics, chemicals, food and beverage, and paint and varnish.
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Isopropyl Alcohol Market Segmentation:
by Application
Process Solvent
Cleaning Agent
Coating Solvent
Intermediate
Other
by End User
Cosmetic and Personal Care
Pharmaceuticals
Food and Beverage
Paint and Coating
Chemical
Other
Isopropyl Alcohol Market Key Players:
1. Exxon Mobil Corporation
2. The Dow Chemical Company
3. Royal Dutch Shell Plc.
4. Clariant AG
5. Mitsui Chemicals Inc.
6. Perrigo Company plc.
7. China Petroleum & Chemical Corporation
8. LyondellBasell Industries N.V.
9. INEOS Enterprises
10.LG Chem
11.Mitsubishi Chemical Corporation
12.Deepak Fertilizers and Petrochemicals Corporation Limited.
13.BASF SE
14.Holdings B.V.
15.Honeywell International Inc.
16.LCY GROUP
17.ISU CHEMICAL
18.Huntsman International LLC.
19.Linde
20.Ecolab
21.Hefei TNJ Chemical Industry Co. Ltd.
22.GALAXY CHEMICALS
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Table of content for the Isopropyl Alcohol Market includes:
Key Offerings:
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