Isopropanol Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2027

 


The global isopropanol market is forecast to reach USD 4.05 Billion by 2027, according to a new report by Reports and Data. The Isopropanol or Isopropyl Alcohol is the colorless, highly flammable laboratory and household chemical and primary type of alcohol. Based on the isomerism, the isopropanol has a twin molecule with a slightly different chemical structure, n-propanol. Isopropanol is more readily available for its simple chemical structure compared to the n-propanol and is also consequently cheaper. Isopropanol is mostly used in medical use applications and also widely utilized as a direct or intermediate solvent chemical in the formulation of various chemical processing. However, the market is potentially being restrained by the stringent Volatile organic compounds’ (VOC) emission norms in European and North American continents.

Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.7% in the period 2019 - 2027, owing to higher demand in the household & personal care products and paints & coatings industries coupled with propulsion of the medical use products due to rise in the small and severe infectious diseases, especially in the highly populous regions like India and Bangladesh.

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Key Manufacturers in the Global Isopropanol Market:

BASF SE, Royal Dutch Shell PLC, Exxon Mobil Corporation, Tokuyama Corporation, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical.

The study offers valuable insights into the regional landscape of industry verticals, coupled with the established companies that have gained a substantial position in the industry.

Summary of the Global Isopropanol Market:

·       The report offers an in-depth analysis of the regional landscape

·       A comprehensive overview of the competitive landscape

·       A detailed outline of the market segmentation

Detailed Analysis of the Regional Segmentation:

The report analyses the regional market of this industry through extensive study. The global Isopropanol market has established its base in the key regions of the world. These key regions cover areas such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The report includes valuable insights pertaining to the industry shares and market position as per the market share occupied by these geographies. Additionally, the report also offers the upcoming growth opportunities and prospects for the key players of the industry in these key regions. It also offers the expected growth rate that the industry is anticipated to register over the forecast timeline.

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Outline of the Isopropanol Market Segmentation:

The Isopropanol industry is further segmented based on types, applications, end-user industries, and technologies, among others, to provide a better understanding of the Isopropanol industry.

End-Use Outlook (Revenue: USD Billion; 2016-2027)

  • Direct Solvent
  • Chemical Intermediate
  • Pharmaceutical Solvents
  • Pesticide Formulations
  • Chemical Reagents
  • Others

Sales Channel Outlook (Revenue: USD Billion; 2016-2027)

  • Online Retailing
  • Offline Retailing

Applications Outlook (Revenue: USD Billion; 2016-2027)

  • Medical Use
  • Paints and Coatings
  • Household & Personal Care
  • Printing Inks
  • Others

The segmentation section covers detailed market share analysis for each product and application along with an accurate projection of the market growth during the forecast period. The report also explains in detail about the consumption rate of each product and application, along with an anticipated growth rate over the forecast period.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/isopropanol-market

Highlights of the TOC:

Chapter 1: Methodology & Scope

Chapter 2: Summary of the Isopropanol Market

Chapter 3: Insights into Isopropanol Industry

Chapter 4: Regional Analysis

Chapter 5: Company profiles

And Many More.

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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