Market Overview:
The global isopropyl rubbing alcohol 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 isopropyl rubbing alcohol in various applications, such as industrial and household uses. In terms of volume, the global isopropyl rubbing alcohol market was estimated at 2,811 kilo tons in 2017 and it is projected to reach 4,023 kilo tons by 2030. North America accounted for the largest share of the global isopropyl rubbing alcohol market in 2017 and it is expected to maintain its dominance during the forecast period.
Product Definition:
A colorless, flammable liquid with a characteristic odor. It is used as a solvent and in pharmaceuticals, cosmetics, and other products.
Below 70%:
Isopropyl Rubbing Alcohol is a type of alcohol that is produced by the chemical reaction between ethanol and propylene. The product has an odor similar to that of gasoline. IsopropylRubbing Alcohol finds its major application in the paint industry as a solvent for varnishes, oils, and acrylics. It also acts as an intermediate during the production of printing inks, adhesives & sealants and coating formulations among others.
70%-90%:
70%-90% isopropyl rubbing alcohol is a colorless and flammable liquid with an odor similar to that of acetone. It has a strong tendency to form explosive mixtures with air.
Application Insights:
The industrial uses of isopropyl rubbing alcohol dominated the overall market in terms of revenue share in 2017. The segment is expected to witness a CAGR of XX% over the forecast period owing to its wide-spread use as an industrial solvent and also for manufacturing various chemical products such as solvents, paints, adhesives & sealants, and cleaning agents.
Household uses are estimated to be one of the fastest-growing application segments during the forecast period due to increasing demand for economical solutions that offer easy clean without harmful chemicals or toxins. Rubbing alcohols are highly preferred household cleaners that can be used on hard surfaces such as glass, mirrors, tiles and stainless steel without leaving any residue behind which makes it highly suitable for household applications.
Regional Analysis:
The market in Asia Pacific is expected to grow at the highest rate over the forecast period. The growth can be attributed to increasing industrialization and rising product demand from various industries including automotive, paints & coatings, printing inks, adhesives & sealants. Increasing population coupled with rapid urbanization has led to increased consumption of printing ink which in turn is likely to propel market growth over the coming years.
Increasing automobile production and sales along with growing consumer disposable income levels are anticipated to drive industry expansion across emerging economies such as China and India. In addition, favorable regulations aimed at promoting investments from domestic manufacturers are projecteded tp boost production capacities thereby driving regional market development over the next eight years.
Growth Factors:
- Increasing demand for isopropyl rubbing alcohol in personal care and cosmetics industry.
- Rising demand from the pharmaceuticals sector for use in manufacturing of drugs and ointments.
- Growing application of isopropyl rubbing alcohol as a disinfectant and sanitizer in food processing industries.
- Increasing popularity of isopropyl rubbing alcohol as a solvent in various chemical processes across different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Isopropyl Rubbing Alcohol Market Research Report
By Type
Below 70%, 70%-90%, Above 90%
By Application
Industrial Uses, Household Uses
By Companies
Haishi Hainuo, Hydrite Chemical Co., Equate, Lircon, Winnermedical, Rexall Laboratories and Chemicals Corp., Renhe Pharmacy Co., Ltd., Hydrox Chemical Co., Inc., Green Products Co., COFCO Group, Chengdu BioNovo, Shenzhen PANGO, Aofeite
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Isopropyl Rubbing Alcohol Market Report Segments:
The global Isopropyl Rubbing Alcohol market is segmented on the basis of:
Types
Below 70%, 70%-90%, Above 90%
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
Industrial Uses, Household Uses
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:
- Haishi Hainuo
- Hydrite Chemical Co.
- Equate
- Lircon
- Winnermedical
- Rexall Laboratories and Chemicals Corp.
- Renhe Pharmacy Co., Ltd.
- Hydrox Chemical Co., Inc.
- Green Products Co.
- COFCO Group
- Chengdu BioNovo
- Shenzhen PANGO
- Aofeite
Highlights of The Isopropyl Rubbing Alcohol 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:
- Below 70%
- 70%-90%
- Above 90%
- By Application:
- Industrial Uses
- Household Uses
- 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 Isopropyl Rubbing Alcohol 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Isopropyl Rubbing Alcohol is a rubbing alcohol that is 99.7% pure. It has a light, slightly sweet odor and is used as an industrial solvent and cleaner.
Some of the key players operating in the isopropyl rubbing alcohol market are Haishi Hainuo, Hydrite Chemical Co., Equate, Lircon, Winnermedical, Rexall Laboratories and Chemicals Corp., Renhe Pharmacy Co., Ltd., Hydrox Chemical Co., Inc., Green Products Co., COFCO Group, Chengdu BioNovo, Shenzhen PANGO, Aofeite.
The isopropyl rubbing alcohol 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 Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size & Forecast, 2018-2028
4.5.1 Isopropyl Rubbing Alcohol Market Size and Y-o-Y Growth
4.5.2 Isopropyl Rubbing Alcohol Market Absolute $ Opportunity
Chapter 5 Global Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Type
5.2.1 Below 70%
5.2.2 70%-90%
5.2.3 Above 90%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Applications
6.2.1 Industrial Uses
6.2.2 Household Uses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Analysis and Forecast
9.1 Introduction
9.2 North America Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Type
9.6.1 Below 70%
9.6.2 70%-90%
9.6.3 Above 90%
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 Isopropyl Rubbing Alcohol Market Size Forecast by Applications
9.10.1 Industrial Uses
9.10.2 Household Uses
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 Isopropyl Rubbing Alcohol Analysis and Forecast
10.1 Introduction
10.2 Europe Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Type
10.6.1 Below 70%
10.6.2 70%-90%
10.6.3 Above 90%
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 Isopropyl Rubbing Alcohol Market Size Forecast by Applications
10.10.1 Industrial Uses
10.10.2 Household Uses
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 Isopropyl Rubbing Alcohol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Type
11.6.1 Below 70%
11.6.2 70%-90%
11.6.3 Above 90%
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 Isopropyl Rubbing Alcohol Market Size Forecast by Applications
11.10.1 Industrial Uses
11.10.2 Household Uses
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 Isopropyl Rubbing Alcohol Analysis and Forecast
12.1 Introduction
12.2 Latin America Isopropyl Rubbing Alcohol 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 Isopropyl Rubbing Alcohol Market Size Forecast by Type
12.6.1 Below 70%
12.6.2 70%-90%
12.6.3 Above 90%
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 Isopropyl Rubbing Alcohol Market Size Forecast by Applications
12.10.1 Industrial Uses
12.10.2 Household Uses
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) Isopropyl Rubbing Alcohol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Isopropyl Rubbing Alcohol 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) Isopropyl Rubbing Alcohol Market Size Forecast by Type
13.6.1 Below 70%
13.6.2 70%-90%
13.6.3 Above 90%
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) Isopropyl Rubbing Alcohol Market Size Forecast by Applications
13.10.1 Industrial Uses
13.10.2 Household Uses
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 Isopropyl Rubbing Alcohol Market: Competitive Dashboard
14.2 Global Isopropyl Rubbing Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haishi Hainuo
14.3.2 Hydrite Chemical Co.
14.3.3 Equate
14.3.4 Lircon
14.3.5 Winnermedical
14.3.6 Rexall Laboratories and Chemicals Corp.
14.3.7 Renhe Pharmacy Co., Ltd.
14.3.8 Hydrox Chemical Co., Inc.
14.3.9 Green Products Co.
14.3.10 COFCO Group
14.3.11 Chengdu BioNovo
14.3.12 Shenzhen PANGO
14.3.13 Aofeite
