Report Overview
Isopropanol is a colourless, flammable liquid and a low-cost solvent. This solvent finds innumerable applications in many industries such as cosmetics, pharmaceutical, paints & coatings, cleaning, etc. It is used to create many other compounds such as isopropyl amines, isopropyl esters and derivative ketones among others.
To meet the increasing demand for multifunctional cosmetic and personal care products, chemical companies are working on developing new chemicals to meet the growing demand for ingredients required by the cosmetic and personal care industry. This will lead to an increase in the use of isopropyl alcohol which is used as a solvent during the manufacturing process of cosmetic and personal care products. Since isopropyl alcohol is miscible with non-polar solvents as well as water, it is widely used in cleaning agents. This is yet another factor driving the growth of the isopropyl alcohol market.
This research report gives detailed data about the major factors influencing the growth of the Isopropanol market at the national and local level forecast of the market size, in terms of value, market share by region, and segment; regional market positions; segment and country opportunities for growth; Key company profiles, SWOT, product portfolio and growth strategies. It studies the market\'s essential sides such as top participants, expansion strategies, business models, and other market features to improve market insight.
The report forecast global Isopropanol market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Isopropanol market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Isopropanol market for 2015-2027.
Market Segmentation
The Isopropanol market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
BASF
Royal Dutch Shell Plc.
Exxon Mobil
The Dow Chemical Company
Clariant
Mitsui Chemicals
LG Chem
LCY GROUP
Zibo Nuoao Chemical
Perrigo Company
Ami Chemicals
At the same time, we classify Isopropanol according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Industrial grade
Pharmaceutical grade
Cosmetic grade
Electronic grade
Market by Application
Cosmetic & Personal care
Pharmaceutical
Food & Beverage Industry
Paints & Coatings
Chemical
Others
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Isopropanol market for the forecast period 2021 - 2027?
• What are the driving forces in the Isopropanol market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Isopropanol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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