Global Isopropyl Alcohol Market 2020-2024
Technavio has been monitoring the isopropyl alcohol market and it is poised to grow by 521.75 k tons during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on isopropyl alcohol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high volume consumption in solvents, high demand from the US and China, and growing demand for isopropyl alcohol in the chemical industry. In addition, high volume consumption in solvents is anticipated to boost the growth of the market as well.
The isopropyl alcohol market analysis include application segment and geographic landscapes
Technavio's isopropyl alcohol market is segmented as below:
- Chemical intermediates
By Geographic Landscape
- North America
- South America
This study identifies capacity expansions and installation of new plants as one of the prime reasons driving the isopropyl alcohol market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our isopropyl alcohol market covers the following areas:
- Isopropyl Alcohol Market sizing
- Isopropyl Alcohol Market forecast
- Isopropyl Alcohol Market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading isopropyl alcohol market vendors that include Deepak Fertilisers and Petrochemicals Corp. Ltd., Dow Inc., Exxon Mobil Corp., Galaxy Surfactants Ltd., Honeywell International Inc., LG Electronics Inc., LyondellBasell Industries NV, Mitsui Chemicals Group, Royal Dutch Shell Plc, and Sasol Ltd.. Also, the isopropyl alcohol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.