According to a recent research report titled “Isopropyl Alcohol Market (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) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global isopropyl alcohol market size is projected to touch around USD 4.95 billion by 2032 and growing at a CAGR of 4.50% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the isopropyl alcohol market.
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 report primarily focuses on the volume and value of the isopropyl alcohol market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global isopropyl alcohol market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the isopropyl alcohol market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
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 |
Also read: Green Chemicals Market Size to Record US$ 319.45 billion by 2032
Major Key Points Covered in the Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the isopropyl alcohol market.
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 Contents:
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
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global isopropyl alcohol market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for isopropyl alcohol. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Isopropyl alcohol market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Isopropyl alcohol market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Isopropyl alcohol market?
- What is the Isopropyl alcohol market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Isopropyl alcohol market?
- What are the recent trends in Isopropyl alcohol market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Isopropyl alcohol market growth?
- What are the key market trends impacting the growth of Isopropyl alcohol market?
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