DUBLIN--(BUSINESS WIRE)--The "Global Isopropyl Alcohol Market - Growth, Trends, and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.
The demand for Isopropyl Alcohol (IPA) is driven by the solvent applications in various industries, such as cosmetic, pharmaceutical, paints & coatings, cleaning, etc.
Isopropyl alcohol is produced from either the direct catalytic reduction of acetone or indirect hydration of propene. IPA is used to create many other compounds, such as isopropyl amines, isopropyl esters, and derivative ketones among others. Although isopropanol is mostly used as a solvent, it is also used as a coolant during the manufacturing of beer and as a polymerization modifier during the production of polyvinyl fluoride. The major challenge faced by the IPA market is the availability of alternate ways of production of acetone, which was earlier produced through IPA.
The most important driver for the IPA market is the increasing use of cosmetic and personal care products, where IPA is used as a solvent. Another important driver for the IPA market is the use of IPA as cleaning agents, owing to the miscible nature with non-polar solvents and water.
The IPA market is segmented by application and end-user. On the basis of application, the market is segmented into process solvent, cleaning agent, coating solvent, intermediates, and others', with the process solvent and cleaning agent being the major segments. On the basis of end-use industries, the market is categorized into: Cosmetic & personal care, pharmaceutical, food & beverage, paints & coatings, chemical, and others', with cosmetic & personal care, and chemical segments dominating the market.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis - (Market size, Growth and forecast)
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
- BASF Se
- Royal Dutch Shell Plc.
- Exxon Mobil Corporation
- The Dow Chemical Company
For more information about this report visit https://www.researchandmarkets.com/research/lht288/global_isopropyl