Market Overview:
The global cosmetic grade isopropanol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cosmetics and personal care products across the globe. In addition, the growing awareness about hygiene and cleanliness among consumers is also contributing to the growth of this market. The global cosmetic grade isopropanol market can be segmented on the basis of type, application, and region. On the basis of type, propylene hydration accounted for a major share of the global cosmetic grade isopropanol market in 2017. This segment is expected to grow at a CAGR of 5% during 2018-2030 owing to its properties such as good solvency power and volatility that make it suitable for use in various applications such as aftershave lotions, bath products, makeup products, hair care products, skin care products etc.
Product Definition:
Cosmetic grade isopropanol is a high quality, pure product that can be used in cosmetics and personal care products. It is important because it helps to solubilize ingredients and ensure they are evenly dispersed throughout the product.
Propylene Hydration:
Propylene hydration is a chemical process used to transform propylene into water and alcohol. It is majorly used for the production of polypropylene, but it can also be applied to other compounds such as ethyl vinyl acetate, acrylonitrile, and styrene. The process takes place through two reactions namely hydrolysis & oxidation and by using catalyst it can be accelerated or decelerated based on requirement.
Acetone Hydrogenation:
Acetone Hydrogenation is a process in which hydrogenated acetone is used to formulate cosmetic grade isopropanol. It helps to increase the solubility of the product and improves its compatibility with other ingredients. This process also increases the effectiveness of Isopropanol by improving its stability and reducing it's irritation potential on skin.
The global Acetone Hydrogenation market size was valued at USD 31,852.5 thousand in 2015.
Application Insights:
Makeup products led the global cosmetic grade isopropanol market and accounted for over 35.0% of the total revenue in 2017. The product is widely used in cosmetics as a solvent, which helps to remove excess oil from the skin and cleanse pores without drying out skin or causing irritation. It can also be used as an effective makeup remover for sensitive skin that does not react to other commonly used products such as benzyl alcohol or glycolic acid.
The demand for cosmetic grade IPA in Asia Pacific is expected to witness significant growth on account of its increasing use in various personal care formulations including aftershave lotions, bath oils, body washes & shampoos, face creams & moisturizers among others at a domestic level across countries such as China, India and Japan owing to low price coupled with high quality standards among consumers there.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the increasing demand from personal care and cosmetics industry. The region is expected to witness significant growth on account of rising consumer awareness regarding skincare products, which will drive cosmetic grade IPA demand in North America over the forecast period.
The market in Asia Pacific is anticipated to grow at a lucrative rate due to growing industrialization and rapid urbanization resulting into increased spending power among consumers, thereby driving product consumption across various industries including cosmetics and personal care, pharmaceuticals, food & beverages among others. Moreover, rising disposable income levels coupled with expanding middle-class population groups will further propel regional market growth during the forecast period.
Europe was valued at USD X million in 2017 owing to high consumption from countries such as Germany.
Growth Factors:
- Increasing demand for cosmetics and personal care products
- Rising income levels of consumers in developing countries
- Rapid urbanization and growing population in emerging markets
- Proliferation of online retailing and increasing e-commerce penetration
- Growing awareness about the benefits of using cosmetic grade isopropanol
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetic Grade Isopropanol Market Research Report
By Type
Propylene Hydration, Acetone Hydrogenation, Isopropyl Acetate Hydrogenation
By Application
Aftershave Lotions, Bath Products, Makeup Products, Hair Care, Skin Care
By Companies
Dow, ExxonMobil Chemical, Shell, INEOS, LG Chem, LCY Chemical, CNPC, Shandong Dadi, Zhejiang Xinhua Chemical, JXTG Nippon Oil & Energy, Tokuyama, Deepak Fertilisers, Mitsui Chemicals, Isu Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetic Grade Isopropanol Market Report Segments:
The global Cosmetic Grade Isopropanol market is segmented on the basis of:
Types
Propylene Hydration, Acetone Hydrogenation, Isopropyl Acetate Hydrogenation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aftershave Lotions, Bath Products, Makeup Products, Hair Care, Skin Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow
- ExxonMobil Chemical
- Shell
- INEOS
- LG Chem
- LCY Chemical
- CNPC
- Shandong Dadi
- Zhejiang Xinhua Chemical
- JXTG Nippon Oil & Energy
- Tokuyama
- Deepak Fertilisers
- Mitsui Chemicals
- Isu Chemical
Highlights of The Cosmetic Grade Isopropanol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Propylene Hydration
- Acetone Hydrogenation
- Isopropyl Acetate Hydrogenation
- By Application:
- Aftershave Lotions
- Bath Products
- Makeup Products
- Hair Care
- Skin Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetic Grade Isopropanol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isopropanol is a type of alcohol that is used as a solvent and in cosmetics. It has a low toxicity and can be used in products that are safe for the skin.
Some of the major players in the cosmetic grade isopropanol market are Dow, ExxonMobil Chemical, Shell, INEOS, LG Chem, LCY Chemical, CNPC, Shandong Dadi, Zhejiang Xinhua Chemical, JXTG Nippon Oil & Energy, Tokuyama, Deepak Fertilisers, Mitsui Chemicals, Isu Chemical.
The cosmetic grade isopropanol market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetic Grade Isopropanol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cosmetic Grade Isopropanol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cosmetic Grade Isopropanol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cosmetic Grade Isopropanol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cosmetic Grade Isopropanol Market Size & Forecast, 2020-2028
4.5.1 Cosmetic Grade Isopropanol Market Size and Y-o-Y Growth
4.5.2 Cosmetic Grade Isopropanol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Propylene Hydration
5.2.2 Acetone Hydrogenation
5.2.3 Isopropyl Acetate Hydrogenation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aftershave Lotions
6.2.2 Bath Products
6.2.3 Makeup Products
6.2.4 Hair Care
6.2.5 Skin Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetic Grade Isopropanol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetic Grade Isopropanol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Propylene Hydration
9.6.2 Acetone Hydrogenation
9.6.3 Isopropyl Acetate Hydrogenation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aftershave Lotions
9.10.2 Bath Products
9.10.3 Makeup Products
9.10.4 Hair Care
9.10.5 Skin Care
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Propylene Hydration
10.6.2 Acetone Hydrogenation
10.6.3 Isopropyl Acetate Hydrogenation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aftershave Lotions
10.10.2 Bath Products
10.10.3 Makeup Products
10.10.4 Hair Care
10.10.5 Skin Care
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Propylene Hydration
11.6.2 Acetone Hydrogenation
11.6.3 Isopropyl Acetate Hydrogenation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aftershave Lotions
11.10.2 Bath Products
11.10.3 Makeup Products
11.10.4 Hair Care
11.10.5 Skin Care
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Propylene Hydration
12.6.2 Acetone Hydrogenation
12.6.3 Isopropyl Acetate Hydrogenation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aftershave Lotions
12.10.2 Bath Products
12.10.3 Makeup Products
12.10.4 Hair Care
12.10.5 Skin Care
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Propylene Hydration
13.6.2 Acetone Hydrogenation
13.6.3 Isopropyl Acetate Hydrogenation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aftershave Lotions
13.10.2 Bath Products
13.10.3 Makeup Products
13.10.4 Hair Care
13.10.5 Skin Care
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetic Grade Isopropanol Market: Competitive Dashboard
14.2 Global Cosmetic Grade Isopropanol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 ExxonMobil Chemical
14.3.3 Shell
14.3.4 INEOS
14.3.5 LG Chem
14.3.6 LCY Chemical
14.3.7 CNPC
14.3.8 Shandong Dadi
14.3.9 Zhejiang Xinhua Chemical
14.3.10 JXTG Nippon Oil & Energy
14.3.11 Tokuyama
14.3.12 Deepak Fertilisers
14.3.13 Mitsui Chemicals
14.3.14 Isu Chemical
