Industrial Grade
Isopropyl Alcohol Market
Industrial Grade Isopropyl Alcohol Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Industrial Grade Isopropyl Alcohol Market Size and Growth
The Industrial Grade Isopropyl Alcohol market is witnessing significant growth, driven by its applications in pharmaceuticals, manufacturing, and cleaning sectors. The market size is projected to reach approximately $2.5 billion by 2026, reflecting robust demand due to increased industrial activities and stringent hygiene standards post-pandemic. Emerging markets are contributing to this expansion.
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Companies Covered
(Covid 19 Impact Covered)
◍ Ami Chemicals
◍ Carboclor
◍ KKR-Led Group
◍ LG Chem
◍ Royal Dutch Shell PLC
◍ Exxon Mobil Corporation
◍ BASF
◍ Honeywell International Inc
◍ Clariant AG
◍ Mitsui Chemicals Inc.
◍ Dow Chemicals
The competitive landscape of the Industrial Grade Isopropyl Alcohol market includes major players like LG Chem, BASF, and Exxon Mobil, utilizing IPA for solvents and cleaning agents. Companies innovate products and expand distribution to drive growth. Sales figures: BASF ($76 billion), Exxon Mobil ($413 billion), Dow Chemicals ($55 billion).
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Market Segmentation
By Application
Chemical
Paints and Coatings
Others
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By Product
Process Solvent
Cleaning Agent
Coating Solvent
Market Growth
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$ X Billion USD
