Global Isopropyl Alcohol (IPA) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Isopropyl Alcohol is an isomer of propyl alcohol with antibacterial properties. Although the exact mechanism of isopropanol"s disinfecting action is not known, it might kill cells by denaturing cell proteins and DNA, interfering with cellular metabolism, and dissolving cell lipo-protein membranes. Isopropanol is used in soaps and lotions as an antiseptic.
According to our (Global Info Research) latest study, the global Isopropyl Alcohol (IPA) market size was valued at US$ 2642 million in 2023 and is forecast to a readjusted size of USD 3227 million by 2030 with a CAGR of 2.9% during review period.
Asia Pacific alone is projected to account for a large percentage of new IPA demand anticipated through 2026; the region’s growing middle class, improving living standards, and fast-developing infrastructure is driving significant industry growth.Scale, brand and price are the three factors for success. In this industry, consumers are very sensitive to the price of the product; price is the primary consideration for many consumers rather than the brand. Most of the time, customers are more willing to pay for low-priced products. The right pricing strategy is very important. For companies, focusing only on product quality and not on product prices is not the right sales strategy. Consumers prefer to see the direct results /benefit of the product rather than the brand itself because it is good for them. This is the main contradiction in this industry and companies need to adopt the right sales strategy. The construction of market channels is also very important, especially in areas where large brands have insufficient penetration, which is very important for emerging companies. In addition, for local markets, local companies or major distributors are very important for industry chain. Even though some big companies occupy the best market position, the market opportunity is still huge.
This report is a detailed and comprehensive analysis for global Isopropyl Alcohol (IPA) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Isopropyl Alcohol (IPA) market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030
Global Isopropyl Alcohol (IPA) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030
Global Isopropyl Alcohol (IPA) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030
Global Isopropyl Alcohol (IPA) market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Isopropyl Alcohol (IPA)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Isopropyl Alcohol (IPA) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, ExxonMobil Chemical, Shell, INEOS, LG Chem, LCY Chemical, CNPC, Shandong Dadi, Zhejiang Xinhua Chemical, JXTG Nippon Oil & Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Isopropyl Alcohol (IPA) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electronic Grade IPA
Pharmaceutical Grade IPA
Cosmetic Grade IPA
Industrial Grade IPA
Market segment by Application
Industrial Solvents
Chemical Intermediate
Personal Care and Household Cleaning Products
Pharmaceutical Industry
Others
Major players covered
Dow
ExxonMobil Chemical
Shell
INEOS
LG Chem
LCY Chemical
CNPC
Shandong Dadi
Zhejiang Xinhua Chemical
JXTG Nippon Oil & Energy
Tokuyama
Deepak Fertilisers
Mitsui Chemicals
Isu Chemical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Isopropyl Alcohol (IPA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Isopropyl Alcohol (IPA), with price, sales quantity, revenue, and global market share of Isopropyl Alcohol (IPA) from 2019 to 2024.
Chapter 3, the Isopropyl Alcohol (IPA) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Isopropyl Alcohol (IPA) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Isopropyl Alcohol (IPA) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Isopropyl Alcohol (IPA).
Chapter 14 and 15, to describe Isopropyl Alcohol (IPA) sales channel, distributors, customers, research findings and conclusion.