May 19, 2024

Isopropyl Alcohol Market Size to Garner USD 4.95 Billion by 2032

The global isopropyl alcohol market size was estimated to be around US$ 3.2 billion in 2022. It is projected to reach US$ 4.95 billion by 2032, indicating a CAGR of 4.50% from 2023 to 2032.

Isopropyl Alcohol Market Size 2023 To 2032

Key Takeaways

  • Asia Pacific contributed more than 39% of revenue share in 2022.
  • North America region is estimated to expand the fastest CAGR between 2023 and 2032.
  • By Application, the process and preparation solvent segment has held the largest market share of 31% in 2022.
  • By Application, the others applications segment is anticipated to grow at a remarkable CAGR of 5.8% between 2023 and 2032.
  • By End-user industry, the cosmetics and personal care segment had the largest market share of 30% in 2022.
  • By End-user industry, the other end-user industries metal segment is expected to expand at the fastest CAGR over the projected period.

The market research report on the Isopropyl alcohol market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Isopropyl alcohol products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Isopropyl Alcohol Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 4.50%
Market Size in 2023 USD 3.33 Billion
Market Size by 2032 USD 4.95 Billion
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Application and By End-user Industry
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Green Chemicals Market Size to Garner USD 319.45 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Isopropyl alcohol market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Isopropyl alcohol market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Isopropyl alcohol products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Isopropyl alcohol market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Isopropyl alcohol market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Isopropyl alcohol market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Isopropyl Alcohol Market Players

  • ExxonMobil
  • LyondellBasell
  • Shell Chemicals
  • Dow Chemical Company
  • Mitsui Chemicals
  • LCY Chemical Corp.
  • Deepak Fertilisers and Petrochemicals Corporation Ltd.
  • ISU Chemical Co., Ltd.
  • Suzhou Jiutai Group
  • Manali Petrochemicals Ltd.
  • Perrigo Company plc
  • KLK OLEO
  • Tokuyama Corporation
  • LG Chem
  • Sasol Limited

Market Segmentations

By Application

  • Process and Preparation Solvent
  • Cleaning and Drying Agent
  • Coating and Dye Solvent
  • Intermediate
  • Other Applications

By End-user Industry

  • Cosmetics and Personal Care
  • Pharmaceutical
  • Electronics
  • Paints and Coatings
  • Chemicals
  • Other End-user Industries

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Isopropyl Alcohol Market 

5.1. COVID-19 Landscape: Isopropyl Alcohol Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Isopropyl Alcohol Market, By Application

8.1. Isopropyl Alcohol Market Revenue and Volume, by Application, 2023-2032

8.1.1. Process and Preparation Solvent

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Cleaning and Drying Agent

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Coating and Dye Solvent

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Intermediate

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Other Applications

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Isopropyl Alcohol Market, By End-user Industry

9.1. Isopropyl Alcohol Market Revenue and Volume, by End-user Industry, 2023-2032

9.1.1. Cosmetics and Personal Care

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Pharmaceutical

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Electronics

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Paints and Coatings

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Chemicals

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

9.1.6. Other End-user Industries

9.1.6.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Isopropyl Alcohol Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.1.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.1.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.1.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.2.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.2.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.2.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.2.5.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.2.6.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.3.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.3.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.3.5.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.3.6.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.4.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.4.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.4.5.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.4.6.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.5.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.5.3.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)

10.5.4.2. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

Chapter 11. Company Profiles

11.1. ExxonMobil

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. LyondellBasell

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Shell Chemicals

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Dow Chemical Company

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Mitsui Chemicals

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. LCY Chemical Corp.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Deepak Fertilisers and Petrochemicals Corporation Ltd.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. ISU Chemical Co., Ltd.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Suzhou Jiutai Group

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Manali Petrochemicals Ltd.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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