Isopropyl Alcohol Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at
CAGR of 4.5 % during forecast period of 2019 to 2027.
To know about the Research Methodology:-Request Free Sample Report Isopropyl alcohol is an isomer
of 1-propanol, a colorless liquid with disinfectant properties. Isopropyl alcohol have properties like
volatile, colorless liquid with sharp musty odor. It releases acrid smoke and fumes when heated to
decomposition. The chemical formula of isopropyl alcohol is C3H8O.
It is used in various purposes at home, in different industrial processes and pharmaceutical applications.
The most general product that contains isopropanol is rubbing alcohol, containing 70% isopropanol or
ethanol. It is used in the production of a wide variety of industrial and household chemicals. It is also a
common ingredient in chemicals such as detergents, antiseptics, and disinfectants. The report study has
analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market
followers and disrupters in the report and same is reflected in our analysis.
Isopropyl Alcohol Market Drivers and Restrains
The Isopropyl Alcohol Market has witnessed considerable growth in recent years because of growth in
disposable income, rapid urbanization. The Isopropyl Alcohol Market has become more competitive and
price-sensitive because of the high potential and steady growth of the Isopropyl Alcohol Market. The
long-term growth of the isopropyl alcohol market is expected to endure positive, driven by socio-
economic factors such as increasing disposable income, population growth, rapid urbanization, and
economic growth worldwide.
This socio-economic catalyzing the growth of various downstream industries includes paints and
coatings, pharmaceuticals, automotive, and cosmetics industry. Furthermore, the growth in chemical
production particularly in the countries like India, China, the US, Brazil, and South Africa is expected to
be another key driver for increase in t