Global Isopropyl Alcohol (IPA) Market 2021 is expected to register a CAGR of 3.1%, during forecast period with Impact of Covid 19 Analysis

Isopropyl

Global “Isopropyl Alcohol (IPA) Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Isopropyl Alcohol (IPA) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Isopropyl Alcohol (IPA) Market report categorizes the market based on manufacturers, regions, type, and application. Isopropyl Alcohol (IPA) Market reports offer a detailed assessment of the Isopropyl Alcohol (IPA) including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Isopropyl Alcohol (IPA) market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global isopropyl alcohol (IPA) market is expected to register a CAGR of 3.10%, during the forecast period, 2018 to 2023. Isopropyl alcohol is produced from either the direct catalytic reduction of acetone or indirect hydration of propene. IPA is used to create many other compounds, such as isopropyl amines, isopropyl esters, and derivative ketones, among others. Although isopropanol is mostly used as a solvent, it is also used as a coolant during the manufacturing of beer and as a polymerization modifier during the production of polyvinyl fluoride.

Increasing Usage of IPA in Cosmetic and Personal Care Products

The most important driver for the IPA market is the increasing use of cosmetic and personal care products, where IPA is used as a solvent. It is used for the purpose of dissolving other substances in cosmetics and personal care products. It is also used for decreasing the thickness of liquids and to reduce the tendency of finished products to generate foam when shaken. These are used as conditioning agents, emulsifier, special effect pigments, anti-static agents, fixatives, moisturizing agents, foaming agents, and surfactant mixtures in the cosmetics and personal care industry. With the growth of cosmetic and personal care industry, the market for IPA is also expected to expand.

Solvent Applications are expected to have the Highest Growth

As a solvent, isopropyl alcohol is used in cosmetic & personal care products. Coatings manufacturing and ink industry are other major end consumers in the market. In addition, IPA is also used as cleaning agents, owing to the miscible nature with non-polar solvents and water. It also evaporates quickly; leaves nearly zero oil traces, compared to ethanol, and are relatively non-toxic in comparison to alternative solvents. Thus, it is used widely as a solvent.

Asia-Pacific Dominates the Market

Asia-Pacific is the major consumer as well as the largest producer of isopropyl alcohol, among regions that include North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. The market is mainly driven by the strong presence of cosmetic & personal care sectors in the region. In addition, increased demand from this region is also attributed to the increase in applications, such as organic formulations clean fuel industry and in the processing of food ingredients. China is the largest producer and consumer of IPA in this region. The country is benefitted by the presence of one of the largest chemical industry in the world. Asia-Pacific is also expected to have the highest growth rate during the forecast period.

Major Players: BASF SE, Royal Dutch Shell Plc., Exxon Mobil Corporation, Dow DuPont, and Clariant AG, amongst others.

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The global Isopropyl Alcohol (IPA) market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Isopropyl Alcohol (IPA) Market Report covers the Top Key-players in 2021:-

  • Ami Chemicals
  • BASF SE
  • Clariant
  • Exxon Mobil Corporation
  • Honeywell
  • JX Nippon Oil & Energy Corporation
  • LCY GROUP
  • LG Chem Ltd.
  • LyondellBasell
  • Mitsui Chemicals
  • Inc.
  • Perrigo Company plc
  • Royal Dutch Shell Plc.
  • DowDuPont Inc.

Highlighted points of Isopropyl Alcohol (IPA) Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Isopropyl Alcohol (IPA) Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Isopropyl Alcohol (IPA)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Isopropyl Alcohol (IPA) Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Isopropyl Alcohol (IPA) Market? What Was Capacity, Production Value, Cost and PROFIT of Isopropyl Alcohol (IPA) Market?
  • What Is Current Market Status of Isopropyl Alcohol (IPA) Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Isopropyl Alcohol (IPA) Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Isopropyl Alcohol (IPA) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Isopropyl Alcohol (IPA) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Isopropyl Alcohol (IPA) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Isopropyl Alcohol (IPA) Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Isopropyl Alcohol (IPA) Industry?

Key Developments in the Isopropyl Alcohol (IPA) Market:

  • Major developments in 2017 covered in the report
  • And the latest major developments in 2018 covered in the report

    Reason to Purchase this ReportAnalyzing various perspectives of the market with the help of Porter’s five forces analysisTo understand the dominating application used in the marketCountries expected to witness the fastest growth during the forecast periodIdentifying the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet (in excel)

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    Finally, the report Global Isopropyl Alcohol (IPA) Market 2021 describes the Isopropyl Alcohol (IPA) industry expansion game plan, the Isopropyl Alcohol (IPA) industry knowledge supply, appendix, analysis findings, and the conclusion.

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