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Semiconductor Grade Isopropyl Alcohol Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Semiconductor Grade Isopropyl Alcohol MarketIsopropyl alcohol (IUPAC name propan-2-ol; commonly called isopropanol) is a compound with the chemical formula C3H8O. It is a colorless, flammable chemical compound with a strong odor. As an isopropyl group linked to a hydroxyl group, it is the simplest example of a secondary alcohol, where the alcohol carbon atom is attached to two other carbon atoms. It is a structural isomer of 1-propanol and ethyl methyl ether.
The global Semiconductor Grade Isopropyl Alcohol market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Currently, 70% Semiconductor Grade Isopropyl Alcohol produced is applied in the semiconductor industry. Above 85% of products stand at 99.99% Purity. In 2019, the global Isopropyl Alcohol (IPA) market is led by USA. China is the second-largest region-wise market. Today, as COVID-19 is rapidly raging in the United States and Europe, our predictions for many industries in 2020 are pessimistic. LPI believes that many industries will suffer huge losses, and layoffs and cost reductions are also essential options.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Semiconductor Grade Isopropyl Alcohol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Semiconductor Grade Isopropyl Alcohol.
The Semiconductor Grade Isopropyl Alcohol market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Semiconductor Grade Isopropyl Alcohol market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Semiconductor Grade Isopropyl Alcohol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• ExxonMobil Chemical
• LG Chem
• KMG Electronic Chemicals
• Fujifilm
• Tokuyama
• Mitsui Chemicals
Segment by Type
• 99.99% Purity
• Below 99.99% Purity
Segment by Application
• Semiconductor
• PCBs
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