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. 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 2014-2018, the global isopropyl alcohol market grew at a CAGR of around 2.5%. 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 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the isopropyl alcohol market.
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Historical market trends for the isopropyl alcohol industry have been provided from 2014-2018 and forecasts have been presented till 2024. 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.
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.
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.
The following are the key questions answered by this report:
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.
Chapter 1 Preface
1.1 Research Methodology and Market Definitions
1.3 Report Summary
Chapter 2 Global Isopropyl Alcohol Market: Industry Overview
2.1 Chemical Overview and Properties
2.2 Key Factors Driving the Global Isopropyl Alcohol Industry
2.3 Volume Trends
2.4 Value Trends
2.5 Price Trends
2.6 Market Breakup by Region
2.6.2 North America
2.6.4 South America
2.7 Market Breakup by Application
2.7.1 Solvent applications
2.8 Value Chain Analysis
2.9 Imports and Exports
2.9.1 Imports by Major Countries
2.9.2 Exports by Major Countries
2.10 Market Outlook
Chapter 3 Porters Five Forces Analysis
3.1 Bargaining Power of Suppliers
3.2 Bargaining Power of Buyers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Degree of Competition
Chapter 4 Competitive Landscape
4.1 Key Player Capacities
4.2 Key Player Profiles
4.2.1 Shell Chemicals
4.2.2 Dow Chemicals
4.2.3 Exxon Mobil Chemical Company
4.2.4 Sasol Olefins
4.2.5 Chang Chun Plastics Co. Ltd.
Chapter 5 Raw Material Market Analysis
5.1.1 Market Trends
5.1.2 Price Trends
5.1.3 Market Breakup by Region
5.1.4 Market Breakup by Application
5.1.5 Competitive Landscape
Chapter 6 Manufacturing of Gelatin
6.1 Key Success and Risk Factors for Manufacturers
6.2 Manufacturing Process Flow
6.3 Raw Materials and Their Requirements
6.4 Reactions Involved
List of Figures
Figure 2 1: Global Ispropyl Alcohol Market: Production Volume Trend (in Million Tons), 2014-2018
Figure 2 2: Global Ispropyl Alcohol Market: Consumption Value Trend (in Million USD), 2014-2018
Figure 2 3: Global Ispropyl Alcohol Market: Price Trend (in USD/Ton), 2014-2018
Figure 2 4: Global Ispropyl Alcohol Consumption: Breakup by Region (in %), 2018
Figure 2 5: Global Ispropyl Alcohol Market: Breakup by Application (in %), 2018
Figure 2 6: Global Ispropyl Alcohol Industry: Value Chain Analysis
Figure 2 7: Global Ispropyl Alcohol: Import Volume Breakup by Country (in %), 2018
Figure 2 8: United States Ispropyl Alcohol: Import Volume Trend (in Tons), 2014-2018
Figure 2 9: Global Ispropyl Alcohol: Export Volume Breakup by Country (in %), 2018
Figure 2 10: United States Ispropyl Alcohol: Export Volume Trend (in Tons), 2014-2018
Figure 2 11: Global Ispropyl Alcohol Market Forecast: Consumption Volume (in ‘000 Tons), 2019-2024
Figure 2 12: Global Ispropyl Alcohol Market Forecast: Consumption Value Trend (in Million USD), 2019-2024
Figure 5 1: Global Propylene Market: Production Volume Trend (in Million Tons), 2014-2018
Figure 5 2: Historical and Future Price Trends of Propylene (in USD/Ton), 2014-2024
Figure 5 3: Global Propylene Market: Production Breakup by Region (in %), 2018
Figure 5 3: Global Propylene Market: Production Breakup by Application (in %), 2018
Figure 6 1: Isopropyl Alcohol Manufacturing Process: Detailed Process Flow
Figure 6 2: Isopropyl Alcohol Manufacturing Process: Conversion Rate of Feedstocks
List of Tables
Table 2 1: Ispopropyl Alcohol: Overview and Properties
Table 2 2: Global Ispopropyl Alcohol: Import Values and Volumes of Major Countries, 2018
Table 2 3: Global Ispopropyl Alcohol: Export Values and Volumes of Major Countries, 2018
Table 4 1: Global Ispopropyl Alcohol: Capacity of Major Players (in Tons), 2018
Table 5 1: Global Propylene Market: Capacity of Major Players (in Million Tons), 2018
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