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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Isopropyl Alcohol Market predicted to grow exponentially by 2025: Global.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Isopropyl Alcohol Market predicted to grow exponentially by 2025: Global."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Isopropyl Alcohol Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asia Pacific led by Japan, India and China isopropyl alcohol market is projected to experience significant growth in the estimated timeline. Rising healthcare expenses supported by growing geriatric population along with growing investments in medical sector will favor regional product demand. In addition, growing personal care and grooming importance has led to rise in demand for beauty products, thus driving regional industry growth.isopropyl alcohol market  North America led by Mexico, Canada and the U.S. isopropyl alcohol market size is likely to experience growth owing to rising demand for fuel additives from aviation industry. It is the largest producer and consumer for fuel additives and thereby likely to propel regional product demand. High investments in chemical industry supported by capacity expansion by major players will favor regional industry growth. Covestro announced an investment of over USD 1.5 billion in chemical plant at Texas, these strategic initiatives will have positive impact on industry growth. Regional Analysis of Isopropyl Alcohol Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Europe led by Spain, U K, France and Germany isopropyl alcohol market size is projected significant growth owing to shifting trend to lead healthier lifestyle. Increasing health consciousness and prevalence of infectious diseases will propel Europe surface disinfectant market, which is projecting to surpass USD 273.5 million by 2023, thus driving regional industry growth. Moreover, rising cosmetic and personal care production mainly in France and Germany owing to rising exports will positively impact isopropyl alcohol demand. Regional Analysis of Isopropyl Alcohol Market :

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Isopropyl Alcohol Market :  Isopropyl Alcohol Market size is set to experience high gains in the coming years with growing demand from pharmaceutical, cosmetics and personal care markets owing to shift in global trend for lifestyle change. The product is used as a solvent and disinfectant pharmaceutical application including oral mouthwashes, disinfecting pads, hand sanitizers and ear drops due to low toxicity. In addition, it finds industrial application as a solvent for chemical reaction, dehydrating agent and coupling agent in cleaners and polishes. These factors would positively influence isopropyl alcohol market size.  Isopropyl alcohol market size is influenced by its application as an antiseptic owing to its antimicrobial properties against bacteria. Product concentration ranging between 70% and 99% with water is used to swab skin before injection application and any other operation pertaining to skin piercing. The product is also effective disinfectant and finds application as surface disinfectant in hospital. The product is certified by Environmental Protection Agency (EPA) to be effective against Human HIV-1, Hepatitis B and Mycobacterium Tuberculosis viruses. Global antiseptic and disinfectant market are projected to surpass USD 10.5 billion by 2026 driving isopropyl alcohol market size.

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Isopropyl Alcohol Market :  Isopropyl alcohol is used in laboratories for its sterilizing and antiseptic properties. The laboratory reagent market is likely to surpass USD 22.5 billion by 2022. Rising importance of molecular biology and growing opportunity in pharmaceutical research for drug development, forensics and medical diagnostics would propel laboratory reagent market, thus propelling isopropyl alcohol market growth. The product finds application as alternative to ethyl alcohol in staining procedure owing to its cost effectiveness. It is also a nontoxic alternative for formaldehyde to preserve biological specimens. Isopropyl alcohol is also having potential application in DNA extraction owing to its insolubility in product. It is added to DNA solution to precipitate DNA in form of a pellet after centrifugation.

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global isopropyl alcohol market share is consolidated as market consist of limited players. Sisco Research Laboratories Pvt. Ltd, Dow Du Pont, Tokuyama Corporation, Merck KGaA, Mitsui Chemicals, Inc., LG Chem, Jiangsu Denoir Technology Co. Ltd, Deepak Fertilizers & Petrochemicals Corp., Carboclor SA, Isu Chemical Co., Ltd and Royal Dutch Shell PLC. are key players in the market. Competitive Market Share of Isopropyl Alcohol Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Isopropyl Alcohol Market @ https://bit.ly/2YI3rOohttps://bit.ly/2YI3rOo Request for an in-depth table of contents for this report @ https://bit.ly/2Zr0jHJ https://bit.ly/2Zr0jHJ

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