Isopropyl Alcohol Market size was valued at USD 28.17 Bn. in 2022 and Process Solvent is one of the dominating segments reviewed in our report and dominating the global isopropyl alcohol Market.

Isopropyl Alcohol Market Overview:

For the global industry's Isopropyl Alcohol Market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.

Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a study of the major manufacturers' annual and financial reports. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.

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Market Scope:

The study supports an understanding of the Global Isopropyl Alcohol Market dynamic structure by identifying and evaluating market segments and projecting market size. The study also contains a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. A PESTLE analysis is also included in the report to assist shareholders in prioritizing their efforts and investments in the Global Isopropyl Alcohol Market.

External and internal components that are expected to have a favorable or negative influence on firms have been investigated, providing decision-makers with a clear picture of the sector's future. The study also aids in understanding the dynamic structure of the Global Isopropyl Alcohol Market by examining market segments and predicting Isopropyl Alcohol Market size. The report serves as a resource for investors by providing a complete depiction of the competitive analysis of major organizations in the Global Isopropyl Alcohol Market based on pricing, financial state, growth plans, and geographical presence.

Segmentation:

The global isopropyl alcohol market is dominated by Process Solvent as an application. The current 2022 epidemic has caused a sharp rise in demand for Process Solvent. The intake of personal care products, disinfectants, and other formulations to preserve personal hygiene is thought to be directly linked to outbreaks of the virus. This should represent the rising demand for personal care and medication prescriptions. Due to this substance's exceptional cleaning abilities, one of its principal applications is the formation of preservatives. In the ideal world, hand disinfectants used all around the world would have an IPA concentration of 70%. Additionally, this substance is employed in the production of detergents, as well as surface cleaners, household solvents, and cleaning agents for electronic parts.

The Global Isopropyl Alcohol Market is dominated by the Pharmaceuticals end-user sector. It is extensively used across several sectors. Global demand for chemicals is rising quickly due to the pharmaceutical, personal care and cosmetics, chemical, food and beverage, paint and varnish industries. After the viral epidemic in the first quarter of 2022, the personal care category is anticipated to expand quickly. In 2022, the Cosmetics and Personal Care segment will hold the second-largest share and is predicted to increase at the highest rate. IPA, commonly referred to as rubbing alcohol, is frequently utilised in the creation of skincare products, including bath, hair, aftershave, makeup, and eye care products. 

Global Isopropyl Alcohol Market, by Application (2022-2029)
• Process Solvent
• Cleaning Agent
• Coating Solvent
• Intermediate
• Other

Global Isopropyl Alcohol Market, by End User (2022-2029)
• Cosmetic and Personal Care
• Pharmaceuticals
• Food and Beverage
• Paint and Coating
• Chemical
• Other

Global Isopropyl Alcohol Market, by Grade (2022-2029)
• 70% IPA
• 90% IPA
4.4 Global Isopropyl Alcohol Market, by Production Method (2022-2029)
• Indirect Hydration
• Direct Hydration

Key Players: The key players are

1. Exxon Mobil Corporation
2. The Dow Chemical Company
3. Royal Dutch Shell Plc.
4. Clariant AG
5. Mitsui Chemicals Inc.
6. Perrigo Company plc.
7. China Petroleum & Chemical Corporation
8. LyondellBasell Industries N.V.
9. INEOS Enterprises
10.LG Chem
11.Mitsubishi Chemical Corporation
12.Deepak Fertilizers and Petrochemicals Corporation Limited.
13.BASF SE
14.Holdings B.V.
15.Honeywell International Inc.
16.LCY GROUP
17.ISU CHEMICAL
18.Huntsman International LLC.
19.Linde
20.Ecolab
21.Hefei TNJ Chemical Industry Co. Ltd.
22.GALAXY CHEMICALS

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Regional Analysis:

A country-level examination of the Isopropyl Alcohol Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Isopropyl Alcohol Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.

COVID-19 Impact Analysis on Isopropyl Alcohol Market: The report covers COVID-19 impact on Isopropyl Alcohol Market.

Key Questions Answered in the Isopropyl Alcohol Market Report are:

• What will be the Isopropyl Alcohol Market's CAGR throughout the projected period?
• Which market category emerged as the market leader in the Isopropyl Alcohol Market?
• Who are the key players in the Isopropyl Alcohol Market?
• How big will the Isopropyl Alcohol Market be in 2027?
• Which firm had the biggest market share in the Isopropyl Alcohol Market?

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