Introduction

• The global isopropyl alcohol market was valued at approximately USD 6.1 billion in 2024 and is anticipated to reach around USD 8.1 billion by 2032, reflecting steady growth driven by increasing industrial and consumer applications.
• Growing demand for isopropyl alcohol across pharmaceuticals, personal care, and cleaning products is expected to fuel market expansion, supported by its wide-ranging antiseptic and solvent properties.
• With a projected CAGR of 3.6% during the forecast period, the market is witnessing strategic developments, technological advancements, and rising awareness regarding hygiene and safety standards worldwide.

Benchmarking - Global Isopropyl Alcohol Market

• Market Leaders Analysis: Evaluate top players’ production capacities, product portfolios, and regional presence to identify industry benchmarks.
• Pricing Strategies: Compare global pricing trends, raw material costs, and distribution models to establish competitive pricing benchmarks.
• Production Efficiency: Assess manufacturing processes, yield optimization, and technology adoption across leading producers to determine operational best practices.
• Supply Chain Performance: Benchmark logistics, inventory management, and distribution networks to gauge supply chain efficiency against industry standards.
• Innovation and R&D: Analyze research investments, new product development, and formulation improvements to set innovation benchmarks within the market.
• Sustainability Practices: Examine eco-friendly production methods, waste management, and compliance with environmental regulations to define sustainability benchmarks.

Segment and Key Players

1. By Product Type
1.1 Industrial Grade
1.2 Pharmaceutical Grade
1.3 Cosmetic & Personal Care Grade
1.4 Food Grade

2. By Application
2.1 Pharmaceuticals & Healthcare
2.2 Personal Care & Cosmetics
2.3 Household & Industrial Cleaning
2.4 Electronics & Electrical
2.5 Others

By Region
3.1 North America
3.1.1 United States
3.1.2 Canada
3.1.3 Mexico
3.2 Europe
3.2.1 Germany
3.2.2 France
3.2.3 United Kingdom
3.2.4 Italy
3.2.5 Spain
3.2.6 Rest of Europe
3.3 Asia-Pacific
3.3.1 China
3.3.2 India
3.3.3 Japan
3.3.4 South Korea
3.3.5 Australia
3.3.6 Rest of Asia-Pacific
3.4 Latin America
3.4.1 Brazil
3.4.2 Argentina
3.4.3 Rest of Latin America
3.5 Middle East & Africa
3.5.1 Saudi Arabia
3.5.2 UAE
3.5.3 South Africa
3.5.4 Rest of Middle East & Africa

4. Key Players
4.1 Dow Inc.
4.2 LyondellBasell Industries N.V.
4.3 INEOS Group Holdings S.A.
4.4 Shell Chemicals
4.5 Sasol Limited
4.6 ExxonMobil Corporation
4.7 LG Chem Ltd.
4.8 Gujarat Alkalies & Chemicals Ltd.
4.9 Formosa Chemicals & Fibre Corporation
4.10 PetroChina Company Limited