Europe Iso Propyl Alcohol Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Regional Demand, 2015-2030
Europe Iso Propyl Alcohol demand stood at 0.54 Million Tonnes in 2020 and is forecast to reach 0.83 Million Tonnes by 2030, growing at a healthy CAGR of 4.17% until 2030. Iso Propyl Alcohol is widely used across various industries such as cosmetics, pharmaceuticals, personal care, disinfectants, and sanitizing products due to its anti-bacterial and anti-fungal properties. Key market players in the region are investing huge sums of money to expand the IPA market in Europe to meet the expanding consumption requirements of the rising population. The COVID-19 outbreak led to skyrocketing demand for isopropyl alcohol as people were stockpiling sanitizers and disinfectants due to paranoia. Besides, the growing use of cosmetics and personal care products along with increasing consumer awareness towards health are contributing to the Europe Iso Propyl Alcohol market growth.
Under this subscription, you would be able to access Europe Iso Propyl Alcohol market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Iso Propyl Alcohol.
Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
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