Isopropanol Market Suppliers, Restraints, Merger, Acquisition and Business Opportunities by 2027

 Increasing demand for isopropanol in the online retailing business coupled with high investments in R&D of isopropanol are fueling the market growth.

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. However, the market is potentially being restrained by the stringent Volatile organic compounds’ (VOC) emission norms in European and North American continents.

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Top Companies Profiled in the Report:

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.

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Sales Channel Outlook (Revenue: USD Billion; 2016-2027)

  • Online Retailing
  • Offline Retailing

Applications Outlook (Revenue: USD Billion; 2016-2027)

  • Medical Use
  • Paints and Coatings
  • Household & Personal Care
  • Printing Inks
  • Others

Regional Analysis covers:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Frequently asked questions addressed in the report:

  • What is the projected growth rate of the global Isopropanol market over the forecast period?
  • What are the latest trending factors influencing market growth?
  • What are the major factors driving the growth of the Global Isopropanol Market?
  • What are the risks and challenges existing in the industry?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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