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Isopropyl Alcohol Market Share, Research Report With BASF, Clariant, Ami Chemicals, ExxonMobil, Honeywell, LCY GROUP, LG Chem, LyondellBasell, JXTG Nippon Oil & Energy, Mitsui Chemicals
Isopropyl Alcohol Market
With the utilization of significant aspects ranging from highest level of spirit, practical solutions, committed research and analysis, modernism, integrated approaches, to the most up-to-date technology, this isopropyl alcohol market research report has been formed. This market report brings into focus all-embracing analysis of the market structure along with the estimation of varied segments and sub-segments of the isopropyl alcohol market. No effort is left to be made while making this market research report. Isopropyl alcohol market report is a great resource that endows with the current and future technical and financial details of the industry to 2026.
While structuring this isopropyl alcohol market report; market type, organization size, end-users’ organization type, availability on-premises in the areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa have been considered. Moreover, to prepare this isopropyl alcohol report, markets on the local, regional and global level is explored. The well demonstrated methods and tools such as SWOT analysis and Porter's Five Forces Analysis are utilized carefully while forming this market research report. Depending on client’s needs, business and product information has been brought together via this isopropyl alcohol market report that guides businesses in taking better decisions.
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Market Definition: Global Isopropyl Alcohol Market
Isopropyl alcohol is also known 2- propanol is a first synthetic alcohol which is colorless and flammable and has strong odor. They are miscible in water, ethanol, ether and chloroform and dissolves with ethyl cellulose, polyvinyl butyral, many oils, alkaloids, gums and natural resins. Cosmetics, skin and hair products, perfumes, pharmaceuticals, lacquers, dyes, cleaners, antifreezes and other chemicals usually use this chemical.
Market Drivers:
· Increasing demand for cosmetics and personal care products is driving the market.
· IPA is widely used as cleaning agent which is another factor driving the growth of this market.
Market Restraint:
· The availability of alternate ways for the production of acetone is restraining the market.
Key Market Competitors: Global Isopropyl Alcohol Market
Few of the major competitors currently working in isopropyl alcohol market are Ami Chemicals, BASF SE, Clariant, Exxon Mobil Corporation, Honeywell International Inc., JXTG Nippon Oil & Energy Corporation, LCY GROUP, LG Chem, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Inc., Perrigo Company plc, Royal Dutch Shell, DowDuPont, ISU CHEMICAL.
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Global isopropyl alcohol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of isopropyl alcohol market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global Isopropyl Alcohol Market
· By Application
o Process Solvent
o Cleaning Agent
o Coating Agent
o Intermediate
· By Grade
o 70% IPA
o 90% IPA
· By Production Method
o Direct Hydration
o Indirect Hydration
o Hydrogenation Of Acetone
· By End- User
o Cosmetic & Personal care
o Pharmaceutical
o Food & Beverage Industry
o Paints & Coatings
o Chemical
· By Geography
o North America
· US
· Canada
· Mexico
o South America
· Brazil
· Argentina
· Rest of South America
o Europe
· Germany
· France
· United Kingdom
· Italy
· Spain
· Russia
· Turkey
· Belgium
· Netherlands
· Rest of Europe
o Asia-Pacific
· Japan
· China
· South Korea
· India
· Australia
· Singapore
· Malaysia
· Indonesia
· Thailand
· Philippines
· Rest of Asia-Pacific
o Middle East and Africa
· South Africa
· Egypt
· Saudi Arabia
· United Arab Emirates
· Israel
· Rest of Middle East and Africa
Key Developments in the Market:
· In April 2015, TechNova announced the launch of their AniKleen Sol cleaner for removing aqueous overprint varnish (OPV) deposits from rollers and blankets with minimal effort. It works on the principle of chemical action, instead of a mechanical action, to clean water-based OPVs from rollers and blankets. It will make the cleaning process quicker and faster as when applied to the affected area it wets and dissolves the dried OPV deposits.
· In October 2018, 3M announced the launch of their advanced surgical skin prep solution 3M™ SoluPrep™ Film-Forming Sterile Surgical Solution a 2% chlorhexidine gluconate and 70% isopropyl alcohol surgical skin prep that uses 3M technology to help clinicians in the fight against SSIs., It forms a water insoluble film on the skin when copolymer dries and bacteria-killing agent chlorhexidine gluconate (CHG) stay on a patient’s skin and able to withstand the rigors of simulated surgical conditions.
Key Insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key Market players involved in this industry
· Detailed analysis of the Market Segmentation
· Competitive analysis of the key players involved
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