Isopropyl Alcohol Market: Demand from Automotive & Medical Industry to Impel Market’s Growth

Market Synopsis

As per the analysis, the global isopropyl alcohol market to reach from billion in 2015 to billion in 2027 and it has been predicted that the global market volume to reach by Million Tons by 2027. The global isopropyl alcohol market has experienced a potential growth over the past few years and it is projected that the growth rate will keep growing during the forecasted period due to the high demand of isopropyl alcohol in the industries such as automotive, laboratory, medical, solvents and others. The rapidly growing automotive industry worldwide has increased the demand of isopropyl alcohol. Along with this, isopropyl alcohol has another use as a cleaner when combine with N-propyl alcohol or ethyl alcohol. These factors are pushing the global isopropyl market and expecting a huge market share in the forecasted period.

Market Segmentation

As per MRFR analysis, the global isopropyl alcohol market has been segmented into application and production methods.

• On the basis of Applications, the global market is segmented into automotive, laboratory, medical, solvents

• On the basis of Production Methods, are segmented into indirect hydration, direct hydration

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Study Objectives of Isopropyl Alcohol Market

• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Isopropyl Alcohol Market

• To provide insights about factors affecting the market growth

• To Analyse the Global Isopropyl Alcohol Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.

• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)

• To provide country-level analysis of the market with respect to the current market size and future prospective

• To provide country-level analysis of the market for segment by applications and production methods

• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Isopropyl Alcohol Market

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Key Players

The leading market players in the global isopropyl alcohol market mainly include

• Crystal Clean Chemicals
• Linde, Puritan Products
• Huate Gas, Avantor
• Denoir Ultra-Pure
• Crystal Clean Chemicals
• Guangfu Fine Chemicals

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The reports also covers brief analysis of Geographical Region includes:

• North America
o US
o Canada

• Europe
o Germany
o France
o Italy
o Spain
o U.K
o Rest of Europe

• Asia – Pacific
o China
o India
o Japan
o Australia/New Zealand
o Rest of Asia-Pacific

• Latin America
o Brazil
o Others

• Middle East & Africa

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Market Research Future
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This release was published on openPR.