Press release
Isopropyl Alcohol Market Growth Drivers, Key Trends, Size, Share Analysis And Forecast To 2033
Isopropyl Alcohol Market
As per the report, the isopropyl alcohol market size has grown strongly in recent years. It will grow from $4.5 billion in 2023 to $4.88 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The isopropyl alcohol market size is expected to see strong growth in the next few years. It will grow to $6.96 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=8452&type=smp
The Surge In Personal Care And Cosmetic Products Fuels The Isopropyl Alcohol Market
The rising usage of personal care products and cosmetic products is expected to propel the growth of the isopropyl alcohol market going forward. Personal care and cosmetic products refer to any product which is applied to the external part of the body for beautifying and basic grooming such as cleaning body parts, protecting from germs, preventing bad odor, changing in appearance, and keeping body parts in good condition. Isopropyl alcohol is used in various personal care and cosmetic products such as aftershave lotions, bath products, eye, nailcare, haircare, skincare products, and other make-up products due to their different functions which include antifoaming agents, cosmetic astringent, solvent, and viscosity decreasing agent. For instance, according to the survey carried out in 2022 by the Catalina Marketing Corporation, a UK-based media company, most respondents (71%) anticipate spending some amount or more on beauty and enhancement goods in the early 2022 period (when compared with 2020 and 2021) and 19% of people intend to raise their overall spending on personal care and cosmetic products. Therefore, the rising usage of personal care products and cosmetic products is driving the growth of the isopropyl alcohol market.
Basf's Ni 3354 E Sets New Standards In Isopropyl Alcohol Production
Product innovation is a key trend gaining popularity in the isopropyl alcohol market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For instance, in September 2021, BASF SE, a Germany-based multinational chemical company introduced Ni 3354 E, a new chemical catalyst (high-performance oxo alcohol catalyst) for the efficient production of isopropyl alcohol. Ni 3354 E combines outstanding selectivity with a strong activity which enables manufacturers to operate at high throughput rates and temperatures without suffering a loss in selectivity, enhancing productivity, it has undergone testing and is certified to convert acetone into isopropyl alcohol using an acetone hydrogenation process.
The isopropyl alcohol market covered in this report is segmented -
1) By Grade: 70% IPA, 90% IPA
2) By Production Method: Indirect Hydration, Direct Hydration
3) By Application: Antiseptic And Astringent, Cleaning Agent, Solvent, Chemical Intermediate, Other Applications
4) By End-Use: Cosmetics And Personal Care, Pharmaceutical, Food And Beverages, Paints And Coatings, Chemical, Other End-Uses
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8452&type=discount
Major companies operating in the isopropyl alcohol market report are The Dow Chemical Company, INEOS Group Limited, Royal Dutch Shell plc, ExxonMobil Corporation, LG Chem Ltd., Kellin Chemicals Co. Ltd., LCY Chemical Corp, Zhejiang Xinhua Chemical Co. Ltd., China National Petroleum Corporation, Mitsui Chemicals Inc., ENEOS Corporation, Avantor Inc., Jiangsu Denoir Technology Co. Ltd., Tokuyama Corporation, Mitsubishi Chemical Corporation, Galaxy Chemicals, LyondellBasell Industries Holdings B.V., Carboclor S.A., Sasol Limited, Chang Chun Group, DuPont de Nemours Inc., Mistral Industrial Chemicals, Linde Gas, Ecolab Inc., BASF SE, Honeywell International Inc., ReAgent Chemicals Ltd., Guangfu Fine Chemicals, Petrochemical Corporation of Singapore Private Limited, Fushun Petrochemical Company, Yancheng Super Chemical Technology Co. Ltd.
Contents of the report:
1. Executive Summary
2. Isopropyl Alcohol Market Report Structure
3. Isopropyl Alcohol Market Trends And Strategies
4. Isopropyl Alcohol Market - Macro Economic Scenario
5. Isopropyl Alcohol Market Size And Growth
…..
27. Isopropyl Alcohol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/isopropyl-alcohol-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Isopropyl Alcohol Market Growth Drivers, Key Trends, Size, Share Analysis And Forecast To 2033 here
News-ID: 3604636 • Views: …
More Releases from The Business Research Company
Next-Gen Biometric Authentication Market Size Forecasted To Achieve $25.99 Billi …
The Next-Gen Biometric Authentication Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Next-Gen Biometric Authentication Market Size and Projected Growth Rate?
The market size for next-generation biometric authentication has seen an impressive increase in recent times. The market is projected to expand from…
Rising Cases Of Premature Births Driving Growth In The Market Due To Increasing …
The Necrotizing Enterocolitis Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Necrotizing Enterocolitis Market Size and Its Estimated Growth Rate?
The market for necrotizing enterocolitis has seen a robust expansion in recent years. Projected to escalate from $4.83 billion in 2024 to…
Multi-Axis Force Torque Sensor Market Forecast 2025-2034: Comprehensive Analysis …
The Multi-Axis Force Torque Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Multi-Axis Force Torque Sensor Market?
In recent times, the market size for the multi-axis force torque sensor has shown substantial growth. It is projected to expand…
Evolving Market Trends In The Metal Power Transmission Chain Industry: Innovativ …
The Metal Power Transmission Chain Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Metal Power Transmission Chain Market Size During the Forecast Period?
Recent years have seen a robust growth in the size of the metal power transmission chain market. Expected to…
More Releases for Chem
Global P-Toluenesulfonic Acid Market Report 2019 Companies included Konan Chem, …
Market Reports Company has recently published 7th edition of P-Toluenesulfonic Acid Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026.
For inquiry or free sample pages email us at: sales@marketreportscompany.com
The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global P-Toluenesulfonic Acid market was valued at USD xx…
Global Hydrogen Peroxide Market 2019-2024 By Key Companies Solvay ,Evonik ,Perox …
The research study on Global Hydrogen Peroxide Market organizes the overall perspective of the Hydrogen Peroxide industry. This incorporates upcoming flow of the Hydrogen Peroxide market together with an extensive analysis of recent industry statistics. It describes the Hydrogen Peroxide market size as well as factors controlling market growth. Likewise, the report explains various challenges which affect Hydrogen Peroxide market expansion. The report reviews economic prominence of the Hydrogen Peroxide industry…
Global Hydrogen Peroxide (CAS 7722-84-1) Market Insights, Forecast to 2025| Pero …
Researchmoz added Most up-to-date research on "Global Hydrogen Peroxide (CAS 7722-84-1) Market Insights, Forecast to 2025" to its huge collection of research reports.
This report researches the worldwide Hydrogen Peroxide (CAS 7722-84-1) market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Hydrogen Peroxide (CAS 7722-84-1) breakdown data by manufacturers, region, type and application, also analyzes…
Global P-Toluenesulfonic Acid Market 2018 - Konan Chem, Bravo Chem, Hailong Chem …
Apex Market Reports, recently published a detailed market research study focused on the “P-Toluenesulfonic Acid Market” across the global, regional and country level. The report provides 360° analysis of “P-Toluenesulfonic Acid Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of P-Toluenesulfonic Acid on…
Hydrogen Peroxide Solvent Market 2018 Global Key Leaders: Akzo Nobel, HECG, Luxi …
Reportsandinsights.com Presents “Global Hydrogen Peroxide Solvent Market Size, Status and Forecast” New Document to its Studies Database. The Report Contain 119 Pages with Detailed Analysis
Description:
Based on the Hydrogen Peroxide Solvent industrial chain, this report mainly elaborate the definition, types, applications and major players of Hydrogen Peroxide Solvent market in details. Deep analysis about market status (2012-2017), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2017-2022),…
Global Barium Sulfate market 2017 - Jiaxin Chem, Sakai Chem, Fuhua Chem, NaFine, …
Apex Market Reports, recently published a detailed market research study focused on the "Barium Sulfate Market" across the global, regional and country level. The report provides 360° analysis of "Barium Sulfate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Barium Sulfate industry, and estimates the future trend of Barium Sulfate market…
