Isopropanol Market Poised A Staggering Growth Worth $6.7 Billion By 2031 | insightSLICE

November 03 00:16 2021
Isopropanol Market Poised A Staggering Growth Worth $6.7 Billion By 2031 | insightSLICE
Isopropanol Market Research Report- insightSLICE
According to insightSLICE, Global isopropanol market size stood at $4.19 billion in 2020 & is projected to reach $6.7 billion by 2031, at a CAGR of 4.4% in the forecast period 2021-2031.

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  

  • Industrial grade
  • Pharmaceutical grade
  • Cosmetic grade
  • Electronic grade
  • Others

Based on Application

  • Process solvent
  • Cleaning agents
  • Coating solvent
  • Intermediates
  • Others

Based on End use

  • Cosmetic & Personal care
  • Pharmaceutical
  • Food & Beverage Industry
  • Paints & Coatings
  • Chemical
  • Others

Users can Expect Following From this Report:

  • Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
  • COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
  • insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
  • Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future.  The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
  • Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.

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Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the industry
  • Get a full view of the competitive landscape to assess your market position

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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