Press release
Isopropyl Alcohol Market is Forecasted to Reach US$ 4.41 Billion in 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global isopropyl alcohol market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/1045/isopropyl-alcohol-market.html#form
Report Highlights:
Market Size in 2028: US$ 4.41 billion
Growth (CAGR): 7.79% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Isopropyl Alcohol Market:
The global isopropyl alcohol market is segmented based on application type, end-use industry type, and region.
Based on application type - The market is segmented as a solvent, cleaning agent, chemical intermediate, flavoring agent, disinfectant, and others. Solvents held the largest share of the market in 2022 and are expected to remain dominant during the forecast period. Isopropyl alcohol is used in surface coating, inks, pesticides & herbicides, resin, disinfectants, and cleaning products.
Based on end-use industry type - The isopropyl alcohol market is segmented as food, pharmaceuticals, cosmetics & personal care, medical, electronics, automotive, and others. The cosmetic & personal care and pharmaceutical industries are expected to drive the demand for isopropyl alcohol during the forecast period. Isopropyl alcohol is used in alcohol wipes, swabs, hand sanitizers, disinfectants, mouthwash, and other products.
To know the most attractive segments, click here:
https://stratviewresearch.com/1045/isopropyl-alcohol-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the largest as well as the fastest-growing market for isopropyl alcohol during the forecast period. This growth outlook is majorly attributed to the following-
• China, Japan, India, and South Korea being the major countries with lucrative growth opportunities.
• The growth of the market is bolstered by the demand for cosmetics & personal care products, pharmaceuticals, and electronics generating huge demand for isopropyl alcohols.
• North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Isopropyl Alcohol Market Drivers:
Some of the key drivers listed in the report are given below.
• Rising use of chemical products: The demand for end-use products such as personal care products, pharmaceuticals, and other cleaning agents, etc. is growing and with this, the demand for isopropyl alcohol is growing parallelly, since it is a key solvent. The demand for isopropyl alcohol is also growing as it is also used in fertilizers, pesticides, paints, coatings, inks, etc.
• Use in the medical sector: Isopropyl alcohol is popularly used in the medical industry as a disinfectant and antiseptic. Its antimicrobial properties efficiently kill bacteria, viruses, and fungi. The market for isopropyl alcohol leapfrogged during the COVID-19 pandemic period since there was a huge demand for surface disinfectants, medical equipment sterilization, etc.
• Electronic industry and its maintenance: Isopropyl alcohol finds applications in cleaning tablets, smartphones, and other electronic devices. With the rapid expansion of the electronic sector, the demand for this product as a disinfecting agent also grows.
• Automotive Sector: Isopropyl alcohol is used as a cleaning and degreasing agent in the automotive sector. The increasing production and sales of automobiles globally have resulted in a significant demand for isopropyl alcohol in this sector.
Top Companies in the Isopropyl Alcohol Market:
Stratview Research has identified the following companies as the top market players.
• China National Petroleum Corporation
• Dow Chemical Company
• Exxon Mobil Corporation
• INEOS
• LCY Chemical Corp
• LG Chem
• LyondellBasell Industries Holdings B.V.
• Mitsui Chemicals
• Shell Chemicals
• Yancheng Super Chemical Technology Co., Ltd.
• others
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Isopropyl Alcohol Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Solvents Market: https://stratviewresearch.com/2978/solvents-market.html
• N-Hexyl Alcohol Market: https://stratviewresearch.com/1769/n-hexyl-alcohol-market.html
Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 is Forecasted to Reach US$ 4.41 Billion in 2028, Says Stratview Research here
News-ID: 3971274 • Views: …
More Releases from Stratview Research
Semiconductor Vacuum Valve Market Set to Reach US$ 1.0 Billion by 2031, Reports …
Stratview Research, a leading global market research firm, forecasts that the global Semiconductor Vacuum Valve market will grow at an annual rate of 6.7%, reaching US$ 1.0 billion by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3932/semiconductor-vacuum-valve-market.html#form
Key Report Highlights:
• Market Size by 2031: US$ 1.0 billion
• Growth Rate…
Small Satellites Market Set to Reach US$ 7.7 Billion by 2030, Reports Stratview …
Stratview Research, a leading global market research firm, forecasts that the global Small Satellites market will grow at an annual rate of 2.2%, reaching US$ 7.7 billion by 2030. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1920/small-satellites-market.html#form
Key Report Highlights:
• Market Size by 2030: US$ 7.7 billion
• Growth Rate (CAGR):…
Hard Body Armor Market Set to Reach US$ 2,271.2 Million by 2031, Reports Stratvi …
Stratview Research, a leading global market research firm, forecasts that the global Hard Body Armor market will grow at an annual rate of 3.2%, reaching US$ 2,271.2 million on by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3253/hard-body-armor-market.html#form
Key Report Highlights:
• Market Size by 2031: US$ 2,271.2 million
• Growth…
3D Printing Powder Market Set to Reach US$ 5.8 Billion by 2028, Reports Stratvie …
Stratview Research, a leading global market research firm, forecasts that the global 3D Printing Powder market will grow at an annual rate of 27.1%, reaching US$ 5.8 billion by 2028. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/853/3d-printing-powder-market.html#form
Key Report Highlights:
• Market Size by 2028: US$ 5.8 billion
• Growth Rate…
More Releases for Isopropyl
Versatile Solutions: Isopropyl Alcohol's Role Across Industries
The Business Research Company recently released a comprehensive report on the Global Isopropyl Alcohol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Semiconductor Grade Isopropyl Alcohol Market Research Report
Isopropyl 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…
Isopropyl Myristate Market Statistics, Opportunities and Reports 2030
According to Report Ocean , global isopropyl myristate market is projected to grow at a CAGR of 5.1% during the forecast period 2021 to 2027.
Key Companies Covered in the Isopropyl Myristate Market Research are BASF SE, Evonik Industries AG, Haiyan Fine Chemical Co., Ltd., Zhejiang Wumei Biotechnology Co., Ltd. and other key market players. By application, the isopropyl myristate market is classified into Cosmetic, Personal Care, Pharmaceutical. On the…
Isopropyl Esters Market Size, Share, Development by 2025
Market Research Report Store offers a latest published report on Isopropyl Esters Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This report focuses on the key global Isopropyl Esters players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isopropyl Esters with respect to individual growth…
Global N-Isopropyl Acrylamide Sales Market Report 2020
Qyresearchreports include new market research report "Global N-Isopropyl Acrylamide Sales Market Report 2020" to its huge collection of research reports.
The global N-Isopropyl Acrylamide and encompasses the current market status, emerging trends, notable opportunities, and competitive dynamics. The study analyzes various elements of the major market dynamics by taking a closer look at key factors shaping regulatory framework, strategic landscape, and investment patterns in major regions. New entrants and emerging players…
Global Isopropyl Alcohol Industry Market Research Report 2017
The Global Isopropyl Alcohol Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Isopropyl Alcohol industry.
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Isopropyl Alcohol market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Secondly, development policies and plans are discussed as…
