Global Isopropyl Alcohol Market to Reach a Volume of 2.29 Million Tons by 2022
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REPORT DESCRIPTION Global Isopropyl Alcohol Market to Reach a Volume of 2.29 Million Tons by 2022 Isopropyl alcohol, also known as rubbing alcohol, is an organic dissolving agent with a strong alcoholic odour. It is a clear, colourless, volatile and combustible liquid exhibiting high viscosity at high temperatures. It is miscible in water, ether, chloroform and other alcohols except for saline solutions. As isopropyl alcohol has degreasing and disinfectant properties, it is popularly used as a cleaner and an antiseptic.
Isopropyl alcohol is generally manufactured in different concentrations. The commercially manufactured alcohol usually contains nearly 70% alcohol and is used for general cleansing, sterilizing and other cleaning purposes. On the other hand, highly concentrated form contains 90-99% of the alcohol and is used as a preservative for biological specimens. According to a new report by Expert Market Research, the global isopropyl alcohol market has witnessed a positive growth over the past few years. The market reached a volume of 2 Million Tons in 2016 and is further expected to reach 2.29 Million Tons by 2022. The market is gaining stimulus due to diverse uses of isopropyl alcohol in various industries like automotive, laboratory, medical, solvents and others. With the progress of these industries, the demand for isopropyl alcohol has also been on the rise. In addition, there is a growing demand for isopropyl alcohol in developing countries which is further adding to the growth of the global market for isopropyl alcohol.
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Key findings from the report: •
Isopropyl alcohol serves few application domains which include solvent production and other applications like pharmaceuticals, surface coatings, inks, pesticides, etc. Solvent production accounted for the largest share in 2015.
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Region-wise, Asia dominated the market with a share of nearly 45% of the global production. Asia was followed by North America, Europe and South America.
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Based on global import and export data, the United States represented both the largest importer and exporter of isopropyl alcohol.
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Some of the top players operating in the global isopropyl market are Shell Chemicals, Chang Chun Plastics Co Ltd, Sasol Olefins, Deepak Fertilizers, Exxon Mobil Chemical Company, CNPC Jinzhou Petrochemical Corp., DOW Chemicals, Mitsui Chemicals Inc., Novapex, Lyondell Basell and LG Chem. Ltd.
Expert Market Research has analysed the global isopropyl alcohol market according to applications, major regions, global import & export data and top players:
REPORT DESCRIPTION Market breakup by Applications • •
Solvent Applications Other Applications (Surface coatings, inks, pesticides)
Market breakup by Region • • • •
Asia North America Europe South America
Imports by Major Countries • • • • •
The United States China Belgium India Germany
Exports by Major Countries
REPORT DESCRIPTION • • • • • •
The United States Netherlands Germany Japan Taipei Canada
Top Players • • • • • • • • • • •
Shell Chemicals Exxon Mobil Chemical Company DOW Chemicals Sasol Olefins Novapex Chang Chun Plastics Co Ltd Mitsui Chemicals Inc. CNPC Jinzhou Petrochemical Corp. Lyondell Basell LG Chem. Ltd. Deepak Fertilizers
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REPORT DESCRIPTION Table of Contents
Chapter 1 Preface 1.1 Research Methodology and Market Definitions 1.2 Introduction 1.3 Report Summary Chapter 2 Global Isopropyl Alcohol Market: Industry Overview 2.1 Chemical Overview and Properties 2.2 Key Factors Driving the Global Isopropyl Alcohol Industry 2.3 Volume Trends 2.4 Value Trends 2.5 Price Trends 2.6 Market Breakup by Region 2.6.1 Asia 2.6.2 North America 2.6.3 Europe 2.6.4 South America 2.6.5 Others 2.7 Market Breakup by Application 2.7.1 Solvent applications 2.7.2 Other 2.8 Value Chain Analysis
REPORT DESCRIPTION 2.9 Imports and Exports 2.9.1 Imports by Major Countries 2.9.2 Exports by Major Countries 2.10 Market Outlook Chapter 3 Porters Five Forces Analysis 3.1 Bargaining Power of Suppliers 3.2 Bargaining Power of Buyers 3.3 Threat of New Entrants 3.4 Threat of Substitutes 3.5 Degree of Competition Chapter 4 Competitive Landscape 4.1 Key Player Capacities 4.2 Key Player Profiles 4.2.1 Shell Chemicals 4.2.2 Dow Chemicals 4.2.3 Exxon Mobil Chemical Company 4.2.4 Sasol Olefins 4.2.5 Chang Chun Plastics Co. Ltd. Chapter 5 Raw Material Market Analysis 5.1 Propylene 5.1.1 Market Trends 5.1.2 Price Trends
REPORT DESCRIPTION 5.1.3 Market Breakup by Region 5.1.4 Market Breakup by Application 5.1.5 Competitive Landscape Chapter 6 Manufacturing of Gelatin 6.1 Key Success and Risk Factors for Manufacturers 6.2 Manufacturing Process Flow 6.3 Raw Materials and Their Requirements 6.4 Reactions Involved
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