Global Iso Propyl Alcohol Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030
|出版日期||內容資訊||英文 165 Pages
|異丙醇的全球市場:到2020年的市場分析 Global Iso Propyl Alcohol Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030|
|出版日期: 2020年04月01日||內容資訊: 英文 165 Pages||
Iso Propyl Alcohol (IPA) witnessed a strong demand in 2019 and is anticipated to achieve an impressive CAGR of 5.75% during the forecast period. Sudden onset of the global pandemic COVID-19 has caused demand for hand sanitizers to skyrocket in international market leading to huge demand for Iso Propyl Alcohol. Moreover, rapid industrialization and infrastructural investments across 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 production can happen through three routes, viz., indirect hydration of Propylene, direct hydration of Propylene and catalytic hydrogenation of Acetone. While Propylene-based IPA remains the most used production process in current market scenario, Acetone-based IPA is being phased out gradually. 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 application in healthcare and pharma sector. 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 US and Asia-Pacific. IPA consumption is reportedly the highest in North America. However, APAC region was the fastest growing region among all. IPA's multi-faceted application across several industries is expected to push demand for the product to unprecedented levels during the forecast period.
Years Considered for this Report:
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., are some of the leading players operating in the Global Iso Propyl Alcohol market.
To extract data for Global Iso Propyl Alcohol market, primary research surveys were conducted with Iso Propyl Alcohol manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Iso Propyl Alcohol market over the coming years.
ChemAnalyst calculated Iso Propyl Alcohol global demand by analyzing the historical data and demand forecast was carried out considering Propylene and crude oil prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Iso Propyl Alcohol manufacturers, distributors, importers and end users. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the Global Iso Propyl Alcohol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Grade - Industrial/Technical, Cosmetic, Pharmaceutical, Reagent, Electronic
Market, by End Use - Pharmaceutical, Cosmetics & Personal Care, Chemicals, Paints & Coatings, Food & Beverages, Others
Market, by Application - Process Solvent, Cleaning Agent, Chemical Intermediate, Coating Solvent
Market, by Sales Channel - Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region - North America, APAC, Europe, MEA, South America
Market, by Region
North America - United States, Mexico, Canada
APAC - China, India, Japan, South Korea, Singapore, Indonesia, Thailand
Europe - Germany, Russia, France, United Kingdom, Spain, Italy
MEA - Saudi Arabia, UAE, South Africa
South America - Brazil, Argentina, Chile
Competition Outlook: Outlook of leading 10 players based on product portfolio, market pricing, average selling price, sales footprint, etc.
Company Profiles: Detailed analysis of the major companies operating in the Global Iso Propyl Alcohol market.
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