As per a recent survey by insightSLICE, Global isopropanol market size is expected to reach USD 6.7 billion by 2031, exhibiting a CAGR of 4.4% during the forecast period 2021-2031.
Isopropanol also goes by the name isopropyl alcohol. Isopropyl Alcohol (IPA) is an isomer of propyl alcohol with antibacterial properties. The acquiring demand of the item in drug industry for the creation of items, for example, hand sanitizers, cleaning cushions, oral mouthwashes, and ear drops, expanding levels of discretionary cashflow of individuals alongside fast urbanization across the globe, explicit rise in populace, acclivitous demand of item because of its low poisonous-ness and high dissipation rates, rising item use in restorative and individual consideration industry, quickly developing flat screen display and LED are a portion of the major just as essential aspects which are liable to change magnitude of the development of the isopropyl alcohol market during the forecast time span of 2021-2031.
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Competitive Landscape
Some of the major players in the Isopropanol market are BASF SE, Mitsui Chemicals, Inc., Royal Dutch Shell Plc., Exxon Mobil Corporation, Clariant, LG Chem Ltd., The Dow Chemical Company, LCY GROUP, Perrigo Company plc, Zibo Nuoao Chemical Co.,Ltd., Ami Chemicals, and others.
Players in the Isopropanol market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Isopropanol market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Isopropanol market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on Grade
Based on Application
Based on End use
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The Isopropanol Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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