Money, Fiance News, Press Release Distribution
Financial News and Press Release Distribution Services

Submit RSS Feed | About US | Contact Us





Home | Personal Finance News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Money News Media
Bankrate
CNBC
CNNMoney
Finacial Times
FOX Business
Moneynews


Money News Now


USNews
Reuters Money
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Personal Finance News Releases

Global Isopropyl Alcohol Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2024

 



(MoneyNewsWire.Net, August 23, 2019 ) As per the latest report by IMARC Group, titled “Isopropyl Alcohol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global isopropyl alcohol market size reached US$ 3.8 Billion in 2018, growing at a CAGR of 5.7% during 2011-2018. Isopropyl alcohol, also known as 2-propanol, is volatile flammable alcohol that is employed in the production of acetone. It is a clear and colorless liquid with a distinct odor and is miscible in water, ether, ethanol, chloroform and various essential oils. Earlier, it was primarily used in the preparation of Cordite, a smokeless propellant, whereas, nowadays it is utilized as a disinfectant and cleaning agent and in the form of a de-icing agent for lacquers and liquid fuels.

Request for a free sample copy of this report: https://www.imarcgroup.com/isopropyl-alcohol-technical-material-market-report/requestsample

Global Isopropyl Alcohol Market Trends:

One of the primary factors that are bolstering the growth of the market is the increasing utilization of isopropyl alcohol as a solvent in industries such as pharmaceuticals and paints and coatings. Apart from this, the rising demand for flex cars and biofuels to promote environmental safety is contributing to the growth of the market. Besides this, isopropyl alcohol is used as a general cleaner for removing oil, grease and flux residues, and purifying as well as extracting natural products such as animal and vegetable oils, waxes, resins, flavoring agents, fats and vitamins. The growing demand for these products is influencing the market growth. Further, the burgeoning cosmetics and personal care industry, in confluence with inflating income levels, is resulting in the rising demand for isopropyl alcohol-based products. Looking forward, the market value is projected to reach US$ 4.8 Billion by 2024, expanding at a CAGR of nearly 4% during 2019-2024.

Explore full report with table of contents: https://www.imarcgroup.com/isopropyl-alcohol-technical-material-market-report

Market Summary:

Market Breakup by Application:

1. Process Solvent
2. Cleaning Agent
3. Coating Solvent
4. Intermediate
5. Others

Based on the application, the market has been classified into process solvent, cleaning agent, coating solvent, intermediate and others. At present, isopropyl alcohol is primarily used as an intermediate in the manufacturing of industrially important chemical compounds including acetone, glycerol, isopropyl acetate and methyl isobutyl ketone (MIBK).

Market Breakup by Industry:

1. Cosmetic and Personal care
2. Pharmaceutical
3. Food and Beverage
4. Paints and Coatings
5. Chemical
6. Others

On the basis of the industry, the market has been divided into cosmetic and personal care, pharmaceutical, food and beverage, paints and coatings, chemical, and others. Amongst these, isopropyl alcohol finds extensive application in the chemical industry as an intermediate and cleaning agent.

Market Breakup by Key Regions:

1. Asia
2. North America
3. Europe
4. South America
5. Others

Region-wise, Asia represents the largest market for isopropyl alcohol around the world. This can be accredited to the burgeoning personal care and cosmetics industry in the region. Isopropyl alcohol is used in the production of skin cleansers and lotions, deodorants, nail paints, hair tonics and shampoos. Other major markets include North America, Europe and South America.

Market Breup by Export and Import:

On assessing the import and export scenario of the market, it has been found that the United States represents the biggest importer and exporter of isopropyl alcohol.

Competitive Landscape:

The competitive landscape of the market has been examined with some of the key players being The Dow Chemical Company, Exxon Mobil Corporation, Shell Chemicals Europe B.V., INEOS Enterprises Group Limited and Super Chemical Technology Co. Ltd.


Browse More Reports By IMARC Group:

Europe Hydrocarbon Refrigerants Market Report: https://www.imarcgroup.com/europe-hydrocarbon-refrigerants-market

Europe Recycled Plastics Market Report: https://www.imarcgroup.com/europe-recycled-plastics-market

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC Services Pvt. Ltd.

Richard Lewis

6317911145

sales@imarcgroup.com

Source: EmailWire.Com


Personal Finance News
  • Auto
  • CDs
  • College
  • Credit Cards
  • Insurance
  • Mortgage
  • Mutual Funds
  • Retirement
  • Savings
  • Taxes

  • Money RSS Marketpalce

    Free Finance Magazines Downloads
    Get free publications including magazines, white papers on finance, investments.
    Submit RSS news feed on Finance, Investment.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.



    Money NewsWire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Money-NewsWire.Net - Newswire and Press Release service of GroupWeb Media LLC