Isopropyl Alcohol - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Isopropyl Alcohol Market is accounted for $3.74 billion in 2018 and is expected to reach $6.87 billion by 2027 growing at a CAGR of 7.0% during the forecast period. Increasing demand from the automobile industry, growing hygiene awareness are the major factors propelling the market growth. However, factors such as irritation in skin when in contact, and dizziness due to ingestion are hampering the market growth.
Isopropyl alcohol is a flammable compound and has a high vapor pressure. The compound is manufactured by combining water and propene by either direct hydration or indirect hydration. Isopropyl alcohol is a chemical compound, which is colorless, flammable and has a strong alcoholic like odor. This compound is completely miscible in water and is an acceptable solvent for acrylic and epoxy resins, ethyl cellulose, natural resins, gums, polyvinyl butyral, alkaloids and other essential oils. Isopropyl alcohol is immiscible in salt solutions. However, unlike ethanol and methanol, this compound can be separated from various solutions with the addition of salts, which include sodium chloride, sodium sulphate and various other inorganic salts, as this alcohol is not very soluble in saline solutions. This compound increases in viscosity with the increase in temperature. This compound is relatively non- toxic and non-harmful and readily evaporates like acetone.
Based on the end user, the food & beverages segment is going to have a lucrative growth during the forecast period owing to the fact that the isopropyl alcohol can be used for the extraction and purification of natural products, such as vegetable and animal oils and fats, gums resins, waxes, colors, flavorings, alkaloids, vitamins, kelp and alginates. It is also used as carrier solvent in the production of food products.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increase in automobile industries in this region, which is also expected to drive the isopropyl alcohol market. In addition, the growing hygiene awareness in Asia Pacific countries drives this market.
Some of the key players profiled in the Isopropyl Alcohol Market include Avantor, Crystal Clean Chemicals, Denoir Ultra Pure, DongYing Naire Technology, Guangfu Fine Chemicals, Huate Gas, OM Group, Tokuyama Corporation, Linde, Puritan Products , LG Chem, Royal Dutch Shell, The Dow Chemical Company, and INEOS Enterprises.
Production Methods Covered:
• Indirect Hydration
• Direct Hydration
Applications Covered:
• Process Solvent
• Cleaning Agent
• Coating Solvent
• Intermediate
• Disinfectants
End Users Covered:
• Cosmetics & Personal Care
• Pharmaceuticals
• Paints & Coatings
• Chemicals
• Food & Beverages
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Isopropyl Alcohol Market, By Production Method
5.1 Introduction
5.2 Indirect Hydration
5.3 Direct Hydration
6 Global Isopropyl Alcohol Market, By Application
6.1 Introduction
6.2 Process Solvent
6.3 Cleaning Agent
6.4 Coating Solvent
6.5 Intermediate
6.6 Disinfectants
7 Global Isopropyl Alcohol Market, By End User
7.1 Introduction
7.2 Cosmetics & Personal Care
7.3 Pharmaceuticals
7.4 Paints & Coatings
7.5 Chemicals
7.6 Food & Beverages
8 Global Isopropyl Alcohol Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Avantor
10.2 Crystal Clean Chemicals
10.3 Denoir Ultra Pure
10.4 DongYing Naire Technology
10.5 Guangfu Fine Chemicals
10.6 Huate Gas
10.7 OM Group
10.8 Tokuyama Corporation
10.9 Linde
10.10 Puritan Products
10.11 LG Chem
10.12 Royal Dutch Shell
10.13 The Dow Chemical Company
10.14 INEOS Enterprises
List of Tables
1 Global Isopropyl Alcohol Market Outlook, By Region (2017-2027) ($MN)
2 Global Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
3 Global Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
4 Global Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
5 Global Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
6 Global Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
7 Global Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
8 Global Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
9 Global Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
10 Global Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
11 Global Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
12 Global Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
13 Global Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
14 Global Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
15 Global Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
16 Global Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
17 North America Isopropyl Alcohol Market Outlook, By Country (2017-2027) ($MN)
18 North America Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
19 North America Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
20 North America Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
21 North America Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
22 North America Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
23 North America Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
24 North America Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
25 North America Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
26 North America Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
27 North America Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
28 North America Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
29 North America Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
30 North America Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
31 North America Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
32 North America Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
33 Europe Isopropyl Alcohol Market Outlook, By Country (2017-2027) ($MN)
34 Europe Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
35 Europe Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
36 Europe Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
37 Europe Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
38 Europe Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
39 Europe Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
40 Europe Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
41 Europe Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
42 Europe Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
43 Europe Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
44 Europe Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
45 Europe Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
46 Europe Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
47 Europe Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
48 Europe Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
49 Asia Pacific Isopropyl Alcohol Market Outlook, By Country (2017-2027) ($MN)
50 Asia Pacific Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
51 Asia Pacific Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
52 Asia Pacific Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
53 Asia Pacific Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
54 Asia Pacific Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
55 Asia Pacific Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
56 Asia Pacific Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
57 Asia Pacific Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
58 Asia Pacific Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
59 Asia Pacific Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
60 Asia Pacific Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
61 Asia Pacific Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
62 Asia Pacific Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
63 Asia Pacific Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
64 Asia Pacific Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
65 South America Isopropyl Alcohol Market Outlook, By Country (2017-2027) ($MN)
66 South America Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
67 South America Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
68 South America Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
69 South America Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
70 South America Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
71 South America Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
72 South America Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
73 South America Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
74 South America Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
75 South America Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
76 South America Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
77 South America Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
78 South America Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
79 South America Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
80 South America Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
81 Middle East & Africa Isopropyl Alcohol Market Outlook, By Country (2017-2027) ($MN)
82 Middle East & Africa Isopropyl Alcohol Market Outlook, By Production Method (2017-2027) ($MN)
83 Middle East & Africa Isopropyl Alcohol Market Outlook, By Indirect Hydration (2017-2027) ($MN)
84 Middle East & Africa Isopropyl Alcohol Market Outlook, By Direct Hydration (2017-2027) ($MN)
85 Middle East & Africa Isopropyl Alcohol Market Outlook, By Application (2017-2027) ($MN)
86 Middle East & Africa Isopropyl Alcohol Market Outlook, By Process Solvent (2017-2027) ($MN)
87 Middle East & Africa Isopropyl Alcohol Market Outlook, By Cleaning Agent (2017-2027) ($MN)
88 Middle East & Africa Isopropyl Alcohol Market Outlook, By Coating Solvent (2017-2027) ($MN)
89 Middle East & Africa Isopropyl Alcohol Market Outlook, By Intermediate (2017-2027) ($MN)
90 Middle East & Africa Isopropyl Alcohol Market Outlook, By Disinfectants (2017-2027) ($MN)
91 Middle East & Africa Isopropyl Alcohol Market Outlook, By End User (2017-2027) ($MN)
92 Middle East & Africa Isopropyl Alcohol Market Outlook, By Cosmetics & Personal Care (2017-2027) ($MN)
93 Middle East & Africa Isopropyl Alcohol Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
94 Middle East & Africa Isopropyl Alcohol Market Outlook, By Paints & Coatings (2017-2027) ($MN)
95 Middle East & Africa Isopropyl Alcohol Market Outlook, By Chemicals (2017-2027) ($MN)
96 Middle East & Africa Isopropyl Alcohol Market Outlook, By Food & Beverages (2017-2027) ($MN)
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