Isopropyl alcohol is generally manufactured in different concentrations. The commercially manufactured alcohol usually contains nearly 70% alcohol and is used for general cleaning, sterilizing and other cleaning purposes. On the other hand, highly concentrated form contains 90-99% of the alcohol and is used as a preservative for biological specimens. According to a new report by Expert Market Research, the global isopropyl alcohol market has witnessed a positive growth over the past few years. The market hit USD 5.08 Billion in 2025 and is expected to grow at a 4.30% CAGR, reaching USD 7.74 Billion by 2035.
The market is gaining stimulus due to diverse uses of isopropyl alcohol in various industries like automotive, laboratory, medical, solvents and others. With the progress of these industries, the demand for isopropyl alcohol has also been on the rise. In addition, there is a growing demand for isopropyl alcohol in developing countries which is further adding to the growth of the global market for isopropyl alcohol.
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Key findings from the report:
- Isopropyl alcohol serves few application domains which include solvent production and other applications like pharmaceuticals, surface coatings, inks, pesticides, etc. Solvent production accounted for the largest share in 2025.
- Region-wise, Asia dominated the market with a share of nearly 45% of the global production. Asia was followed by North America, Europe and South America.
- Based on global import and export data, the United States represented both the largest importer and exporter of isopropyl alcohol.
- Some of the top players operating in the global isopropyl market are Shell Chemicals, Dow Inc, Exxon Mobil Corporation, Sasol, and Chang Chun Group
Expert Market Research has analysed the global isopropyl alcohol market according to applications, major regions, global import & export data and top players:
Application Outlook (Revenue, Billion, 2026-2035)
- Process Solvent
- Cleaning Agent
- Intermediate
- Coating Solvent
- Antiseptic and Astringent
- Others
End-Use Outlook (Revenue, Billion, 2026-2035)
- Cosmetics and Personal Care
- Pharmaceutical
- Food and Beverages
- Paints and Coatings
- Chemical
- Others
Market Breakup by Region
- Asia
- North America
- Europe
- South America
Imports by Major Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Exports by Major Countries
- The United States
- Netherlands
- Germany
- Japan
- Taipei
- Canada
Top Players
- Royal Dutch Shell plc
- The Dow Chemical Company
- Exxon Mobil Corporation
- Sasol Limited
- Chang Chun Group
- Alumina Trading
- Mistral Industrial Chemicals
- INEOS Corporation
- ReAgent Chemicals Ltd.
- LyondellBasell Industries
- Linde Gas
- Ecolab
- Others
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