Global Isopropyl Alcohol (IPA) Market Growth 2023-2029

Global Isopropyl Alcohol (IPA) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Isopropyl Alcohol (IPA) Industry Forecast” looks at past sales and reviews total world Isopropyl Alcohol (IPA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Isopropyl Alcohol (IPA) sales for 2023 through 2029. With Isopropyl Alcohol (IPA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isopropyl Alcohol (IPA) industry.
This Insight Report provides a comprehensive analysis of the global Isopropyl Alcohol (IPA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isopropyl Alcohol (IPA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isopropyl Alcohol (IPA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isopropyl Alcohol (IPA) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isopropyl Alcohol (IPA).
The global Isopropyl Alcohol (IPA) market size is projected to grow from US$ 2432.7 million in 2022 to US$ 3014.8 million in 2029; it is expected to grow at a CAGR of 3014.8 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Isopropyl Alcohol (IPA) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electronic Grade IPA
Pharmaceutical Grade IPA
Cosmetic Grade IPA
Industrial Grade IPA
Segmentation by application
Industrial Solvents
Chemical Intermediate
Personal Care and Household Cleaning Products
Pharmaceutical Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Isopropyl Alcohol (IPA) market?
What factors are driving Isopropyl Alcohol (IPA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Isopropyl Alcohol (IPA) market opportunities vary by end market size?
How does Isopropyl Alcohol (IPA) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.