Global Isopropyl Alcohol Market

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR43205
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The isopropyl alcohol market size is expected to grow by 521.75 k Tons and record a CAGR of 4% during 2020-2024.

This post-pandemic global isopropyl alcohol market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this isopropyl alcohol market analysis report, key drivers such as high volume consumption in solvents have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Isopropyl Alcohol Market Size be in 2020?

Isopropyl-Alcohol-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Isopropyl Alcohol Market?

The isopropyl alcohol market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • Deepak Fertilisers and Petrochemicals Corp. Ltd.
  • Dow Inc.
  • Exxon Mobil Corp.
  • Galaxy Surfactants Ltd.
  • Honeywell International Inc.
  • LG Electronics Inc.
  • LyondellBasell Industries NV
  • Mitsui Chemicals Group
  • Royal Dutch Shell Plc
  • Sasol Ltd.

 

The isopropyl alcohol market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This isopropyl alcohol market report further entails segmentations by Application (Solvents, Chemical Intermediates, Pharmaceuticals, and Others) and Geographic Landscape (APAC, Europe, MEA, North America, and South America). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Isopropyl Alcohol?

Isopropyl-Alcohol-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the isopropyl alcohol market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The capacity expansions and installation of new plants will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

50% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for isopropyl alcohol market in the region. This report provides estimations of the contribution of all regions to the growth of the isopropyl alcohol market size.

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What are the Key Factors Covered in this Isopropyl Alcohol Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive isopropyl alcohol market growth during the next five years
  • Precise estimation of the isopropyl alcohol market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the isopropyl alcohol market industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of isopropyl alcohol market vendors

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Isopropyl Alcohol Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2020-2024

521.75 k Tons

Market structure

Fragmented

YoY growth (%)

2.62

Regional analysis

APAC, Europe, MEA, North America, and South America

Performing market contribution

APAC at 50%

Key consumer countries

China, Japan, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Deepak Fertilisers and Petrochemicals Corp. Ltd., Dow Inc., Exxon Mobil Corp., Galaxy Surfactants Ltd., Honeywell International Inc., LG Electronics Inc., LyondellBasell Industries NV, Mitsui Chemicals Group, Royal Dutch Shell Plc, and Sasol Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The isopropyl alcohol market growth will increase by $521.75 thousand tons during 2019-2024.
The isopropyl alcohol market is expected to grow at a CAGR of 3.57% during 2019-2024.
Technavio has segmented the isopropyl alcohol market by application (Solvents, Chemical intermediates, Pharmaceuticals, and Others) ,distribution channel (Offline and Online) , and geographic (APAC, North America, Europe, and South America).
Deepak Fertilisers and Petrochemicals Corp. Ltd., Dow Inc., Exxon Mobil Corp., Galaxy Surfactants Ltd., Honeywell International Inc., LG Electronics Inc., LyondellBasell Industries NV, Mitsui Chemicals Group, Royal Dutch Shell Plc, Sasol Ltd. are a few of the key vendors in the isopropyl alcohol market.
APAC will register the highest growth rate of 51.48% among the other regions. Therefore, the isopropyl alcohol market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • India
  • Germany
  • South Korea (Republic of Korea)
The key factors driving the isopropyl alcohol market growth are:
  • High volume consumption in solvents
  • Shift of mining activities to emerging economies
The isopropyl alcohol market vendors should focus on grabbing business opportunities from the solvents segment as it accounted for the largest market share in the base year.
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