Top Companies in Isopropyl Alcohol Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Isopropyl Alcohol Market is projected to reach a value of USD 4.14 Billion by 2030 at a CAGR of 7.5% over the forecast period.
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Vantage Market Research has recently published a new report on "Isopropyl Alcohol Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in Isopropyl Alcohol market. Some of the key statistics in the report highlight that Global Isopropyl Alcohol Market was valued at USD 2.5 Billion in 2022 and is projected to reach a value of USD 4.14 Billion by 2030 at a CAGR of 7.5% over the forecast period. The global Isopropyl Alcohol market will continue to expand due to rising demand from different end-user sectors, including the Pharmaceutical and cosmetics & personal care, food & beverages, paint & coatings, chemicals and agrochemical industries.
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The Global Isopropyl Alcohol market is dominated by well-known players like Royal Dutch Shell PLC. (U.S.), LG Chem (Korea SE), Exxon Mobil Corporation (U.S.), LyondellBasell Industries Holdings BV (Netherlands), Avantor (U.S.), Tokuyama Corporation (Japan), Linde Inc. (Ireland), Puritan Products (U.S.), INEOS AG (Switzerland), Dow,Inc. (U.S.), Ecolab Inc. (U.S.) among others. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Isopropyl Alcohol Market
- Shell PLC PLC (U.S.)
Shell PLC explores and refines petroleum products. The Company produces and imports fuels, chemicals, and lubricants, as well as operates service station networks. Shell serves clients worldwide.
- LG Chem (Korea SE)
LG Chem Ltd. is a chemical manufacturer. The Company's products include petrochemicals, plastic resins, and engineering plastics. LG Chem also produces industrial and electronic materials.
- Exxon Mobil Corporation (U.S.)
Exxon Mobil Corporation operates petroleum and petro chemicals businesses. The Company provides exploration and production of oil and gas, electric power generation, coal, and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals. Exxon Mobil serves customers worldwide.
- LyondellBasell Industries Holdings BV (Netherlands)
Basell Holdings BV is a producer of polypropylene and advanced polyolefin products. The Company operates, develops, and distributes in Europe, North America, and the Asia-Pacific region.
- Avantor (U.S.)
Avantor, Inc. manufactures and distributes chemicals, reagents, and laboratory supplies. The Company offers amino acids, silicones, bioreagents, denaturants, gas, solvents, stains, dyes, and minerals. Avantor serves biopharma, healthcare, education and government, advanced technologies, life sciences, and applied materials industries worldwide.
- Tokuyama Corporation (Japan)
Tokuyama Corporation produces inorganic and organic industrial chemicals, synthetic resins, cement, and construction materials. The Company's product lines include Portland cement, soda chemicals, and polycrystalline silicon.
- Linde (Ireland)
Linde Inc. operates as a global industrial gases and engineering company. The Company offers industrial and specialty gases, as well as provides gas processing solutions to support customer expansion and emissions reductions. Linde serves customers worldwide.
- Puritan Products Inc. (U.S.)
Puritan Products Inc is a producer of specialty chemicals and custom formulations for pharmaceuticals. The company is located in Bethlehem, PA.
- INEOS AG (Switzerland)
INEOS AG provides chemical products and services. The Company manufactures of petrochemicals, specialty chemicals and oil products. INEOS primarily operates in Switzerland and serves customers globally.
- Dow Inc. (U.S.)
Dow Inc. produces and distributes chemical products. The Company manufactures and supplies chemicals for liquid injection molding, architecture fabrication, leather, textiles, automobiles, rubber consumer goods, and food industries. Dow serves customers worldwide.
- Ecolab Inc. (U.S.)
Ecolab Inc. is a global provider of water, hygiene, and infection prevention solutions for customers in food, healthcare, hospitality, industrial and oil and gas markets. The Company's services include food safety, sanitation, optimization of water and energy use, improvement of operational efficiency and sustainability.
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