PA is a clear colorless liquid easily miscible with water, ethanol, ethers, and other solvents. IPA can be produced through three routes, viz., indirect hydration of Propylene, direct hydration of Propylene and catalytic hydrogenation of Acetone. Among these Propylene-based IPA remains the most used production process in the current market scenario.

1. Isopropyl Alcohol (IPA) Market Analysis:
Plant Capacity, Production, Operating
Efficiency, Process, Demand & Supply,
Grade, End Use, Application, Sales
Channel, Regional Demand, 2015-2030

2. Isopropyl Alcohol (IPA) demand stood at 2.98 Million Tonnes in 2020 and is forecast to reach 5.19 Million Tonnes by
2030, growing at a healthy CAGR of 6.02% until 2030. The sudden onset of the global pandemic COVID-19 has caused
demand for hand sanitizers to skyrocket in the international market, leading to a huge demand for Isopropyl Alcohol.
Moreover, rapid industrialization and infrastructural investments across the major economies are further likely to
create a strong demand for IPA from 2021-2030.
IPA is a clear colorless liquid easily miscible with water, ethanol, ethers, and other solvents. IPA can be produced
through three routes, viz., indirect hydration of Propylene, direct hydration of Propylene and catalytic hydrogenation
of Acetone. Among these Propylene-based IPA remains the most used production process in the current market
scenario. Acetone-based IPA is on the verge of phasing out as LG Chem Ltd. is the only Acetone-based IPA
manufacturer in the world. Among various grades of IPA available, Industrial grade IPA accounted for the highest
share in 2019 as consumption of solvents and chemical intermediates took an upswing during the year.
Being highly evaporative and extremely safe, IPA is also used for sterilization applications in the healthcare and
pharma sectors. Increasing purchasing power of consumers would create a need for higher consumption of IPA and
IPA-based derivatives in cosmetics and personal care products. Even the electronics segment uses IPA as a cleanser
and is likely to register a record growth during the forecast period as technology penetration in developing countries
would rise substantially. Some players have gone for capacity expansions to accommodate for the sudden surge in
IPA demand in the US and Asia-Pacific. IPA consumption is reportedly the highest in North America. However, Asia
Pacific region is the fastest-growing region among all and expected to hold the maximum share of demand in the
forecast period owing to rapid industrialization, growing population and a large consumer base in the region. IPA’s
multi-faceted application across several industries is expected to push demand for the product to unprecedented
levels during the forecast period.

3. Key Players:
• The Dow Chemical Company
• Exxon Mobil Corporation
• LyondellBasell Industries Holdings B.V.
• LG Chem Ltd.
• Royal Dutch Shell Plc.
• Clariant AG
• Honeywell International Inc.
• JXTG Nippon Oil & Energy Corporation
• Mitsui Chemicals Inc.
• United States Petroleum & Chemical Corporation
• INEOS Enterprises
• Deepak Fertilisers and Petrochemicals Corporation Limited etc
Years Considered for this Report:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
Objective of the Study:
• The primary objective of the study was to evaluate and forecast Isopropyl Alcohol capacity, production, demand and demand – supply gap
globally.

5. • To categorize Isopropyl Alcohol demand based on grade, end-use,
application, region and sales channel.
• To study company shares in Global Isopropyl Alcohol market.
• To identify major customers of Isopropyl Alcohol globally.
• To evaluate and forecast Isopropyl Alcohol pricing in Global
Isopropyl Alcohol market.
• To identify and profile major companies operating in the Global
Isopropyl Alcohol market.
• To identify major news, deals and expansion plans in the Global
Isopropyl Alcohol market.

6. Report Scope:
In this report, the Global Isopropyl Alcohol market has been segmented into following categories, in addition to the industry trends which have also been
detailed below:
Attribute Details
Market size volume in 2020 2.98 million Tonnes
Market size volume in 2030 5.19 million Tonnes
Growth Rate CAGR of 6.02% from 2021 to 2030
Base year for estimation 2020
Historic Data 2015-2019
Forecast period 2022–2030
Quantitative units Demand in tons and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered 1.Grade: (Industrial/Technical, Cosmetic, Pharmaceutical, Reagent, Electronic)
2.End-Use:(Pharmaceutical, Cosmetics & Personal Care, Chemicals, Paints & Coatings, Food & Beverages, Others)
3.Application: (Process Solvent, Cleaning Agent, Chemical Intermediate, Coating Solvent)
4.Sales Channel (Direct/Institutional Sales, Indirect Sales)
Regional scope North America; Europe; Asia Pacific; South America; Middle East & Africa
Key companies profiled The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries Holdings B.V., LG Chem Ltd., Royal Dutch Shell
Plc., Clariant AG, Honeywell International Inc., JXTG Nippon Oil & Energy Corporation, Mitsui Chemicals Inc., United States
Petroleum & Chemical Corporation, INEOS Enterprises, Deepak Fertilisers and Petrochemicals Corporation Limited etc.
Customization scope Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs.Explore purchase options

7. TABLE OF CONTENTS:
1. Global Isopropyl Alcohol Market Outlook, 2015-2030
2. Global Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
3. North America Isopropyl Alcohol Market Outlook, 2015-2030
4. North America Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
5. Asia Pacific Isopropyl Alcohol Market Outlook, 2015-2030
6. Asia Pacific Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
7. Europe Isopropyl Alcohol Market Outlook, 2015-2030
8. Europe Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
9. MEA Isopropyl Alcohol Market Outlook, 2015-2030
10. MEA Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
11. South America Isopropyl Alcohol Market Outlook, 2015-2030
12. South America Isopropyl Alcohol Demand Outlook, 2015-2030, By Volume
13. Country-wise Import
14. Country-wise Export
15. News and Deals

8. METHODOLOGY

9. ChemAnalyst identify firm planned capacities, planned expansions and closures in identified geographies and also
provide list of idling capacities wherever applicable. ChemAnalyst derive segment-
wise product demand profile based on past user industry data, capacity utilization & year-wise growth rates for
last 10 years including current year.
Finally, ChemAnalyst project future growth considering potential new applications up to next 15 years, along
with detailed basis / assumption for arriving at the projected growth rates. Current sources of products’ import along
with logistics details of shipping aspect, inland transportation and cost details has been taken through primary
research. Export destinations to be targeted based on market study have been listed. Details of shipping aspect, inland
transportation and cost details etc. will be based on primary research.
Demand = Production + Import – Export – Inventory
Demand Supply Gap = Production - Demand
ChemAnalyst Research perform periodical checks on data being collected through surveys with logic checks and
analyze survey results and data generated through its proprietary database.
ChemAnalyst will also use data triangulation technique to fill the gaps and to present the more meaning picture of the
market.
ChemAnalyst will deliver the final comprehensive project report in online digital format.

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11. About Us & Disclaimer
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state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the
detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities
available in the market.
The contents of this report are based on information generally available to the public from sources believed to be reliable. No
representation is made that it is timely, accurate or complete. Techsci Research has taken due care and caution in compilation
of data as this has been obtained from various sources including which it considers reliable and first hand. However, Techsci
Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any
errors or omissions or for the results obtained from the use of such information and especially states that it has no financial
liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,
can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for
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