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Global Isopropyl Alcohol Market: By Application: Process Solvent, Cleaning Agent, Intermediate, Coating Solvent, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porters Five Forces Analysis, EMR’s Key Indicators for Demand; Competitive Landscape; Industry Events and Developments

Global Isopropyl Alcohol Market Outlook

Isopropyl alcohol is a volatile, flammable, clear and colourless liquid with disinfectant properties. Although it mixes with water, other alcohols, ether and chloroform but it is insoluble in salt solutions.

 

Global Isopropyl Alcohol Market

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It is used as a solvent for essential oils, alkaloids, gums, resins, coatings and cellulose, lacquers and in extraction processes. It is also used as an antiseptic; as an inert solvent to reduce the flammability of coatings during storage and transportation, and as an additive in inks and thinner for water-based paints. Isopropyl alcohol is registered as an antimicrobial, bactericide, fungicide and virucide. During 2017-2021, the global isopropyl alcohol market grew at a CAGR of around 2.4%. The market for isopropyl alcohol is driven by the demand of isopropyl in solvent applications which accounts for the majorly of its global market. The isopropyl alcohol is used in combination with either ethyl alcohol or N-propyl alcohol in disinfectants which include hand sanitizers, surface cleaners, and clinical instrument cleaners. The demand for isopropyl alcohol is currently growing more in the developing countries due to the growing economy and growing hygiene awareness. This report by Expert Market Research entitled “Isopropyl Alcohol Market Report and Forecast 2022-2027” provides a comprehensive analysis for anyone who plans to foray into the isopropyl alcohol market.

Historical market trends for the isopropyl alcohol industry have been provided from 2017-2021 and forecasts have been presented till 2026. On a regional level, the report has segmented the global isopropyl alcohol market into the following regions – Asia, North America, Europe, South America and Others. Asia currently represents the largest market. The report has also analysed the market on the basis of end-use which include solvent applications and others like surface coatings, inks, pesticides, etc. Solvent applications currently represent the biggest end-use market for isopropyl alcohol.

 

Isopropyl Alcohol Market by Application

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The value chain analysis of isopropyl alcohol has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the isopropyl alcohol industry has also been provided. The report also covers the global import and export trends of isopropyl alcohol with the United States being the largest importer and exporter.

 

Isopropyl Alcohol Market by Region

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This report provides an exhaustive insight into the manufacturing of isopropyl alcohol. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstock required for manufacturing isopropyl alcohol viz. propylene. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the isopropyl alcohol industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Process Solvent, Cleaning Agent, Intermediate, Coating Solvent, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Shell Chemicals, Dow Chemicals, Exxon Mobil Chemical Company, Sasol Olefins, Chang Chun Group
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Isopropyl Alcohol Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Isopropyl Alcohol Historical Market (2017-2021) 
    8.3    Global Isopropyl Alcohol Market Forecast (2022-2027)
    8.4    Global Isopropyl Alcohol Market by Application
        8.4.1    Process Solvent
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Cleaning Agent
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Intermediate
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Coating Solvent
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Isopropyl Alcohol Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code: 290512)

    12.1    Major Exporting Countries:
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Royal Dutch Shell plc
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    The Dow Chemical Company
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Exxon Mobil Corporation
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Sasol Limited
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Chang Chun Group
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables
1.    Global Isopropyl Alcohol Market: Key Industry Highlights, 2017 and 2027
2.    Global Isopropyl Alcohol Historical Market: Breakup by Application (Million Tons), 2017-2021
3.    Global Isopropyl Alcohol Market Forecast: Breakup by Application (Million Tons), 2022-2027
4.    Global Isopropyl Alcohol Historical Market: Breakup by Region (Million Tons), 2017-2021
5.    Global Isopropyl Alcohol Market Forecast: Breakup by Region (Million Tons), 2022-2027
6.    North America Isopropyl Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
7.    North America Isopropyl Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
8.    Europe Isopropyl Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
9.    Europe Isopropyl Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
10.    Asia Pacific Isopropyl Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
11.    Asia Pacific Isopropyl Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
12.    Latin America Isopropyl Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
13.    Latin America Isopropyl Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
14.    Middle East and Africa Isopropyl Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
15.    Middle East and Africa Isopropyl Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
16.    Major Exporting Countries by Value
17.    Major Importing Countries by Value
18.    Major Exporting Countries by Volume
19.    Major Importing Countries by Volume
20.    North America Historical Price Trends and Forecast 2017-2027
21.    Europe Historical Price Trends and Forecast 2017-2027
22.    Asia Pacific Historical Price Trends and Forecast 2017-2027
23.    Latin America Historical Price Trends and Forecast 2017-2027
24.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
25.    Global Isopropyl Alcohol Market Structure

Key Questions Answered in the Report

The major drivers of the market include the growing economy, growing hygiene awareness, existing downstream specialty chemical marketspace, increasing healthcare facilities, thriving cosmetics and personal care industry, elevating income levels, and technological advancements.

The growing demand in pharmaceutical and solvent applications and utilisation of isopropyl alcohol in the formulation of  sanitisers are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major applications include process solvent, cleaning agent, intermediate, and coating solvent, among others.

The major players in the industry are Royal Dutch Shell plc, The Dow Chemical Company, Exxon Mobil Corporation, Sasol Limited, and Chang Chun Group, among others.

Analyst Review

The global isopropyl alcohol market was driven by the growing demand in pharmaceutical and solvent applications. Aided by the growing hygiene awareness and thriving cosmetics and personal care industry, the market is expected to witness further growth in the forecast period of 2022-2027.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major applications include process solvent, cleaning agent, intermediate, and coating solvent, among others. The major regional markets for the isopropyl alcohol market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Royal Dutch Shell plc, The Dow Chemical Company, Exxon Mobil Corporation, Sasol Limited, and Chang Chun Group, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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