Global Isopropyl Alcohol Market Analysis, Trends, Drivers, Challenges & Forecasts 2018-2022 - ResearchAndMarkets.com
Aug. 07, 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 MentionedDowDuPont 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
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
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/07/2018 04:52 AM/DISC: 08/07/2018 04:52 AM