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Global Isopropyl Alcohol Market Analysis, Trends, Drivers, Challenges & Forecasts 2018-2022 - ResearchAndMarkets.com

August 7, 2018

DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Global Isopropyl Alcohol Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The analysts forecast the global isopropyl alcohol market in terms of volume, to grow close to 3,000 KT by 2022.

Isopropyl alcohol is a clear, colorless, volatile, and flammable solvent with a strong alcoholic odor. It has excellent miscibility with water and other solvents, including ethanol, ether, and chloroform. The market size is estimated based on the revenue generated from the sales of isopropyl alcohol to end-use industries. Parameters such as production volume and retail sales have been considered while deriving the market size of the global isopropyl alcohol market.

One trend in the market is capacity expansions and new plants. The global isopropyl alcohol market has been witnessing expansions in production capacities in the past few years. The isopropyl alcohol markets in China and India have developed at a rapid pace with the continuously increasing production capacities by producers.

One driver in the market is high volume consumption in solvents. Isopropyl alcohol is one of the mostly used solvents due to its excellent solvency properties. It can be directly used in applications including inks, pesticides and herbicides formulations, resins production, surface coatings, and disinfectants and cleaning products.

The report states that one challenge in the market is volatility in crude oil prices. The global isopropyl alcohol market is facing a challenge due to the fluctuations in the crude oil prices. As the major raw material for isopropyl alcohol production is propylene, a petroleum derivative, fluctuations in the crude oil prices hamper the production capacity and the cost of production of propylene.

Companies Mentioned

DowDuPont Exxon Mobil Corporation LG Chem Mitsui Chemicals Shell International Sasol

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Application

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers And Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/t3n6cq/global_isopropyl?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005341/en/

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Related Topics:Electronic Chemicals,Solvents,Fuel Additives,Oilfield Chemicals

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/07/2018 04:52 AM/DISC: 08/07/2018 04:52 AM

http://www.businesswire.com/news/home/20180807005341/en

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