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The Global Isopropanol Market Report is an extensive and comprehensive document comprising details on business strategies, qualitative and quantitative analysis of the market on global and regional levels.
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Isopropanol Market Isopropanol Market To Reach USD To Reach USD 4.05 Billion By 4.05 Billion By 2027 2027
Market Market Summary Summary Increasing demand for isopropanol in the online retailing business coupled with high investments in R&D of isopropanol are fueling the market growth.. Market Size – USD 2.42 Billion in 2018, Market Growth - CAGR of 5.9%, Market Trends – Increase in demand for isopropanol in the household & personal care applications. The global isopropanol market is forecast to reach USD 4.05 Billion by 2027, according to a new report by Reports and Data. The Isopropanol or Isopropyl Alcohol is the colorless, highly flammable laboratory and household chemical and primary type of alcohol. Based on the isomerism, the isopropanol has a twin molecule with a slightly different chemical structure, n-propanol. Isopropanol is more readily available for its simple chemical structure compared to the n-propanol and is also consequently cheaper. Isopropanol is mostly used in medical use applications and also widely utilized as a direct or intermediate solvent chemical in the formulation of various chemical processing.
Market Market Summary Summary However, the market is potentially being restrained by the stringent Volatile organic compounds’ (VOC) emission norms in European and North American continents. Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.7% in the period 2019 - 2027, owing to higher demand in the household & personal care products and paints & coatings industries coupled with propulsion of the medical use products due to rise in the small and severe infectious diseases, especially in the highly populous regions like India and Bangladesh. Isopropanol is widely used as a disinfectant which strongly prevents the growth of the bacteria on skin. The medical use applications sub-segment is expected to gain the highest market possession of USD 1.19 Billion in 2027, having grown with a CAGR forecasted to be 6.2% during the forecast period. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2366
Market Market Summary Summary Key market players include BASF SE, Royal Dutch Shell PLC, Exxon Mobil Corporation, Tokuyama Corporation, LCY Chemical Corp., OXEA GmbH, JXTG Holdings, Inc., LG Chem Ltd., Sasol Limited, and ISU Chemical. For the purpose of this report, Reports and Data have segmented into the global Bio PU market on the basis of raw material, application, end-use, and region: Raw Material Outlook (Revenue, USD Million; Volume, Tons; 2017-2027) Vegetable Oils Cashew nut shell liquid (CNSL) Tarpene Eucalyptus tar Others Application Outlook (Revenue, USD Million; Volume, Tons; 2017-2027) Rigid Foams Flexible Foams CASE Others To know more about the report, visit @ https://www.reportsanddata.com/report-detail/isopropanol-market
Market Market Summary Summary Further key findings from the report suggest Applications Outlook (Revenue: USD Billion; 2016-2027) • Medical Use • Paints and Coatings • Household & Personal Care • Printing Inks • Others Regional Outlook (Revenue, USD Million; 2017-2027) North America U.S Canada Mexico Europe Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2366
About US About US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com