Isopropyl Alcohol Market Outlook, Drivers And Industry Analysis 2025

Isopropyl alcohol market research, isopropyl alcohol market share, isopropyl alcohol market drivers, isopropyl alcohol market insights, isopropyl alcohol market trends, isopropyl alcohol market size
What Are The Projected Market Size And Growth Trends For The Global Isopropyl Alcohol Market?
The isopropyl alcohol market has seen a significant surge in recent years, growing from $4.85 billion in 2024 to $5.24 billion in 2025, marking a compound annual growth rate (CAGR) of 8.1%. This growth can be credited to several factors, including increased usage in industrial solvents, disinfectants and sanitizers, chemical intermediates, cleaning applications, as well as in medical and healthcare industries.
The Isopropyl alcohol market is set for rapid expansion in the coming years, expected to reach $7.79 billion by 2029 at a CAGR of 10.4%. This forecasted growth is fueled by factors including response preparedness to health crises, environmental concerns and sustainable practices, raw material availability and pricing, consumer health and safety concerns, and global industrial growth. Major trends expected to impact the market include emergency response preparedness, supply chain dynamics, and the adoption of more environmentally friendly alternatives.
Get Your Free Sample of The Global Isopropyl Alcohol Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8452&type=smp
What Factors Are Pushing The Isopropyl Alcohol Market Growth?
The uptake of isopropyl alcohol in the personal care and cosmetic industry has significantly influenced the market’s expansion. From antifoaming agents in aftershave lotions, bath products, eye and hair care products, to solvents in nail care and skincare products, the wide range of uses of isopropyl alcohol in personal and cosmetic care has seen growing demand. For instance, in 2024, the British Beauty Council reported that the personal care sector contributed to the GDP a staggering £27.2 billion ($30.44 billion), indicating an 11% rise from the previous year.
What Are the Major Segments Within the Global Isopropyl Alcohol Market?
The isopropyl alcohol market analysis covers several segments including:
1) By Grade: 70% IPA, 90% IPA
2) By Production Method: Indirect Hydration, Direct Hydration
3) By Application: Antiseptic And Astringent, Cleaning Agent, Solvent, Chemical Intermediate, Other Applications
4) By End-Use: Cosmetics And Personal Care, Pharmaceutical, Food And Beverages, Paints And Coatings, Chemical, Other End-Uses
Who Are The Key Players In The Isopropyl Alcohol Market?
Major companies operating in the isopropyl alcohol market include The Dow Chemical Company, INEOS Group Limited, Royal Dutch Shell PLC, ExxonMobil Corporation, LG Chem Ltd., Kellin Chemicals Co. Ltd., LCY Chemical Corp, Zhejiang Xinhua Chemical Co. Ltd., China National Petroleum Corporation, Mitsui Chemicals Inc., ENEOS Corporation, Avantor Inc., Jiangsu Denoir Technology Co. Ltd., Tokuyama Corporation, Mitsubishi Chemical Corporation, Galaxy Chemicals, LyondellBasell Industries Holdings B.V., Carboclor S.A., Sasol Limited, Chang Chun Group, DuPont de Nemours Inc., Mistral Industrial Chemicals, Linde Gas, Ecolab Inc., BASF SE, Honeywell International Inc., ReAgent Chemicals Ltd., Guangfu Fine Chemicals, Petrochemical Corporation of Singapore Private Limited, Fushun Petrochemical Company, Yancheng Super Chemical Technology Co. Ltd.
What Key Trends Are Emerging In The Isopropyl Alcohol Market?
Innovative product development is a significant trend propelling the isopropyl alcohol market. For instance, in 2024, Eastman Chemical Company launched EastaPure IPA, a next-generation solvent designed to meet the rigorous standards of the electronics industry. With high reliability and low contamination levels, Eastman’s product aims to enhance the quality and efficiency of semiconductor and display production.
Which Regions are Driving the Isopropyl Alcohol Market Growth?
Asia-Pacific was the dominant region in the isopropyl alcohol market in 2024 and is predicted to be the fastest growing in the forecast period. The regions covered in the isopropyl alcohol market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Isopropyl Alcohol Market Report 2025 Offer?
Isopropyl alcohol, a colorless, volatile flammable organic compound with the C3H8O formula, is derived from the reaction of propylene with sulphuric acid followed by hydrolysis. Its antibacterial, quick-drying, and cooling properties have made it a preferred ingredient in personal care products like aftershaves and hand sanitizers, among other uses. The Isopropyl Alcohol Market research report from The Business Research Company offers a comprehensive overview of global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8452
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for providing comprehensive, data-rich research and insights. With 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, you get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Follow Us On: