Isopropyl Alcohol Market
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)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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