Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Isopropanol is a colourless, flammable liquid and a low-cost solvent. This solvent finds innumerable applications in many industries such as cosmetics, pharmaceutical, paints & coatings, cleaning, etc. It is used to create many other compounds such as isopropyl amines, isopropyl esters and derivative ketones among others.
Market Analysis and Insights: Global Isopropanol Market
Due to the COVID-19 pandemic, the global Isopropanol market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Industrial Grade accounting for % of the Isopropanol global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cosmetic & Personal Care segment is altered to an % CAGR throughout this forecast period.
To meet the increasing demand for multifunctional cosmetic and personal care products, chemical companies are working on developing new chemicals to meet the growing demand for ingredients required by the cosmetic and personal care industry. This will lead to an increase in the use of isopropyl alcohol which is used as a solvent during the manufacturing process of cosmetic and personal care products. Since isopropyl alcohol is miscible with non-polar solvents as well as water, it is widely used in cleaning agents. This is yet another factor driving the growth of the isopropyl alcohol market.
In terms of production side, this report researches the Isopropanol capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Isopropanol by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Isopropanol Scope and Segment
Isopropanol market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Isopropanol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Industrial Grade
Pharmaceutical Grade
Cosmetic Grade
Electronic Grade
Segment by Application
Cosmetic & Personal Care
Pharmaceutical
Food & Beverage Industry
Paints & Coatings
Chemical
Others
By Company
BASF
Royal Dutch Shell
Exxon Mobil
DowDuPont
Clariant
Mitsui Chemicals
LG Chem
LCY
Zibo Nuoao Chemical
Perrigo
Ami Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Isopropanol Market
Due to the COVID-19 pandemic, the global Isopropanol market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Industrial Grade accounting for % of the Isopropanol global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cosmetic & Personal Care segment is altered to an % CAGR throughout this forecast period.
To meet the increasing demand for multifunctional cosmetic and personal care products, chemical companies are working on developing new chemicals to meet the growing demand for ingredients required by the cosmetic and personal care industry. This will lead to an increase in the use of isopropyl alcohol which is used as a solvent during the manufacturing process of cosmetic and personal care products. Since isopropyl alcohol is miscible with non-polar solvents as well as water, it is widely used in cleaning agents. This is yet another factor driving the growth of the isopropyl alcohol market.
In terms of production side, this report researches the Isopropanol capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Isopropanol by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Isopropanol Scope and Segment
Isopropanol market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Isopropanol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Industrial Grade
Pharmaceutical Grade
Cosmetic Grade
Electronic Grade
Segment by Application
Cosmetic & Personal Care
Pharmaceutical
Food & Beverage Industry
Paints & Coatings
Chemical
Others
By Company
BASF
Royal Dutch Shell
Exxon Mobil
DowDuPont
Clariant
Mitsui Chemicals
LG Chem
LCY
Zibo Nuoao Chemical
Perrigo
Ami Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
