Isopropyl Alcohol Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
Isopropyl Alcohol Market was valued at USD 3222.8 million in 2020 and is expected to grow at a CAGR of 4% between 2021 and 2027. Isopropyl alcohol is mixed with water and used as a disinfectant friction-alcohol. It is also used in aftershave lotions, hand lotions and other cosmetics. It is used in industry as an inexpensive solvent for cosmetics, pharmaceuticals, shellacs and gums as denatured ethanol(ethyl alcohol). Isopropyl alcohol, also known by the common name of friction alcohol, is a flammable chemical compound with dozens of practical uses. Many households use isopropyl alcohol, which contains antibacterial detergent and disinfectant applications, as well as adhesives and stain removers of delicate electronic devices.
Isopropyl alcohol is a flammable and colorless compound synthesized from the reaction of propylene and sulfuric acid, followed by hydrolysis. It is widely used in applications such as cosmetics, toiletries, personal care products as solvent, chemical agent, chemical intermediate, flavoring agent, disinfectant or sterilization. It is usually available in 70% and 99% concentrations designed for a variety of applications.
Top Major Key Players Industries:
- Dow Chemical
- Mistral Industrial Chemicals
- INEOS Corporation
- ReAgent Chemicals Ltd.
- LyondellBasell Industries
- Linde Gas
- Ecolab
- Royal Dutch Shell
- ExxonMobil Corporation
By Application
Process and Preparation Solvent
Cleaning and Drying Agent
Coating and Dye Solvent
Intermediate
Other Applications
By End-user Industry
Cosmetics and Personal Care
Pharmaceutical
Electronics
Paints and Coatings
Chemicals
Other End-user Industries
Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
- What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)?
- Which segments (product type or applications or end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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