Isopropyl Alcohol Market is predicted to be near US$ 6 Billion by the year 2024. In this report, Renub Research studies the Isopropyl Alcohol market in two ways. 1st by Application (Chemical Intermediate, Direct Solvent, Acetone, Household, Cosmetics and Personal Care, Pharmaceuticals, and Others) and 2nd by Regional aspects (Western Europe, North America, South Asia and Oceanic, Central South America, North Asia, and Africa and Middle East). This report also provides comprehensive insight into the key players of this industry.
Isopropyl Alcohol is a colorless liquid with a sharp, musty odor. It is used in making perfumes, cosmetics, pharmaceuticals, skin and hair products, dyes, lacquers, antifreezes, cleaners, and other chemicals. Isopropyl Alcohol is used to create many other compounds such as ketene, methyl methacrylate, bisphenol A, diacetone alcohol mesityl oxide, methyl isobutyl ketone, hexylene glycol (2-methyl-2, 4-pentanediol) and isophorone.
As a solvent the important aspects for the Isopropyl Alcohol Market are the growing use of cosmetic and personal care products. In the Chemical industry coating and ink industry are other major end consumers of Isopropyl Alcohol. In addition, another aspect of Isopropyl Alcohol Market is the use of Isopropyl Alcohol as cleaning agents, owing to the miscible nature with non-polar solvents and water.
Isopropyl liquor is delivered from either the direct reactant diminishment of acetone or circuitous hydration of propene. Isopropyl Alcohol is used to create many other compounds, such as isopropyl amines, isopropyl esters, and derivative ketones among others. Although isopropanol is mostly used as a solvent, it is also used during the manufacturing of beer as agent in coolant and as a polymerization modifier during the production of polyvinyl fluoride.
Worldwide the facts that demand growth of Isopropanol Alcohol market are majorly driven by its use in cosmetics, household products and pharmaceutical industries. North America leads production as well as consumption of Isopropanol while Asia-Pacific is the largest consumer. On the basis of Consumption Share, North America is having the maximum consumption share globally studied in this report.
Key Players in Global Isopropyl Alcohol Market
Some of the key players in the global Isopropyl Alcohol market were Mitsui Chemicals Inc, Dow Chemicals, LG Chem, Carboclor, and ISU Chemicals.
Renub Research report titled “Isopropyl Alcohol Market, Consumption & Forecast, Global Analysis: By Regions (North America, Western Europe, Central and South America, North Asia, South Asia and Oceanic, Africa and Middle East) By Applications (Direct Solvent, Household, Cosmetics and Personal Care, Chemical Intermediate, Acetone, Pharmaceuticals and Others)” studies the global Isopropyl Alcohol market and consumption. This 111 page report with 74 Figures and 2 Tables provides an in-depth analysis of the key growth drivers and challenging factors, market and consumption trends, and their projections for the upcoming years.
The report has been analyzed from 2 major viewpoints.
1. Global Isopropyl Alcohol Market
2. Global Isopropyl Alcohol Consumption
By Region - Segmentation
1. North America
2. Western Europe
3. Central and South America
4. North Asia
5. South Asia and Oceanic
7. Middle East
By Application - Segmentation
1. Direct Solvent
2. Household, Cosmetics and Personal Care
3. Chemical Intermediate
1. Dow Chemicals
2. LG Chem
4. ISU Chemicals
5. Mitsui Chemicals, Inc.
- The report covers global and regional markets of isopropyl alcohol.
- Comprehensive data showing isopropyl alcohol capacities, consumption, market, drivers and challenges for isopropyl alcohol.
- The report indicates a wealth of information on isopropyl alcohol key players.
- Region market overview covers the following: consumption of isopropyl alcohol in a region.